The Latest Breaking News from Economy

Richard Werner Tells Tucker Carlson Wrong To View Banks As 'Intermediaries,' Says They Have 'Unique Power' That Economists Overlook

Renowned economist Richard Werner says popular textbooks miscast banks as mere middlemen and ignore their central "power to create money," an omission he claims distorts debates over credit just as the U.S. economy slows and the Federal Reserve weighs rate cuts.

Benzinga · Aug 8, 2025

Rethink on rules for everyday items could spur economy

Australia could ease business burdens and save consumers billions every year by ensuring requirements for everyday products align with international standards.

AAP · Aug 7, 2025

‘The economics made it a challenge’: CBS boss talks Stephen Colbert cancellation

As the Paramount-Skydance merger is made official, George Cheeks has finally spoken about the controversial decision to end The Late Show after 32 years

The Guardian - US · Aug 7, 2025

Wealth tax will not work, says Scottish Secretary

Ian Murray rejected calls for a wealth tax, saying the only solution to the UK’s economic issues was to grow the economy.

Evening Standard · Aug 7, 2025

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard · Aug 7, 2025

7 Remote Freelance Gigs Growing Faster Than You Think in 2025

The freelance economy is booming and remote work is leading the charge. According to The Business Research Company, the freelance market is expected to surge to $8.39 billion this year, growing at an annual rate of 14.5%. Thanks to new tech and shifting workplace norms, some freelance gigs are quietly…

Beating Broke · Aug 7, 2025

IonQ's Big Growth And Big Loss Test Quantum ETF Resilience

IonQ Inc‘s (NYSE:IONQ) second-quarter report presented a microcosm of the larger quantum computing ETF narrative of lofty expectations, ambitious projections, and the harsh reminder of hard economics. Although revenue grew 82% year over year, the company’s mounting losses reminded investors that commercialization is far from a straight line. The stock…

Benzinga · Aug 7, 2025

The Latest: Wall Street and US trading partners worldwide react to Trump's latest tariffs

The U.S. has begun officially levying higher taxes on imports from dozens of countries Thursday, four months after President Donald Trump first announced plans to impose tariffs on most of the world while seeking new trade agreements across the board

The Independent UK · Aug 7, 2025

The Latest: US import taxes hit levels not seen in nearly 100 years

President Donald Trump began levying higher import taxes on goods from dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats begins to create visible damage to the U.S. economy

The Independent UK · Aug 7, 2025

Voices: How the cut in interest rates might come back and bite us all

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, says James Moore, given an unexpected jump in inflation, there could now be several unintended consequences

The Independent UK · Aug 7, 2025