The Latest Breaking News from Economy

The gap between higher- and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.”

Fortune · Aug 13, 2025

Boosting productivity will be main priority of autumn budget, Reeves says

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’

The Guardian - UK · Aug 13, 2025

In our first year Labour fixed the foundations – now we must build a stronger economy for a renewed Britain

Labour is reversing a decade of stagnation and we’re making progress on wages, jobs and trade. But there is more to do, says Rachel Reeves, chancellor of the exchequer

The Guardian - UK · Aug 13, 2025

I Asked ChatGPT If I Need a Side Gig To Survive in This Economy

Life is expensive. So I turned to my artificially intelligent companion (ChatGPT) and asked real, hard questions about how to survive in this economy.

GOBankingRates · Aug 13, 2025

Get rich quick: Vietnam wants to become Asia's next 'tiger economy' - here's how

Vietnam wants to follow in the footsteps of Taiwan and South Korea, but focusing on one single industry is no longer viable to build a strong and resilient economy.

Euronews · Aug 13, 2025

Politics with Michelle Grattan: Jim Chalmers wants roundtable to ‘crack open’ the challenge of slow housing approvals

The Reserve Bank’s rate cut this week will help relieve many mortgage holders, but it wasn’t all positive news from the bank. It also underscored the serious productivity and economic growth challenges facing the Australian economy.

The Conversation · Aug 13, 2025

US National Debt Hits Historic $37 Trillion, Surpassing Pre-Pandemic Projections—'Piling Up At A Rapid Rate,' Warn Economists

The U.S. national debt has reached an all-time high of $37 trillion, as reported by the Treasury Department. This staggering figure highlights the growing debt burden on the American economy and its taxpayers.

Benzinga · Aug 13, 2025

Tyler Winklevoss Graduated From Harvard And Oxford, Now He's Highlighting A Scholarship At This School Because Of Bitcoin: Here's Why

Tyler Winklevoss, co-founder and CEO of cryptocurrency exchange Gemini, lauded Pennsylvania’s Grove City College for its legacy in Austrian Economics on Tuesday, principles he believes are integral to Bitcoin’s (CRYPTO: BTC) foundation.

Benzinga · Aug 13, 2025

Lagos summit weighs AI ambitions against Africa’s tech infrastructure gap

Nigeria is hosting one of Africa’s biggest tech gatherings on Tuesday, with debates ranging from Wolof-speaking chatbots to medical algorithms. The ambition is to harness artificial intelligence to transform economies – but patchy internet, unreliable electricity and low investment remain major obstacles.

Radio France Internationale · Aug 13, 2025

Warning signs in Europe's job market: Workers now brace for tariff effects

With tariff rates and their effects on the European economy swinging sharply over the past few months, Euronews Business looks at how this could affect employment across the continent.

Euronews · Aug 13, 2025