The Latest Breaking News from Economy

Trump’s 145% tariffs prove useless as China’s booming economy defies Washington’s dire predictions

Exceeded Beijing's targets.

We Got This Covered · Jul 16, 2025

Rachel Reeves is hoping deregulation will save the economy. We know how that ends

The chancellor’s emollient speech to City bosses this week was alarming. There are better ways to revive Britain’s fortunes, says Guardian columnist Larry Elliott

The Guardian - UK · Jul 16, 2025

Green energy and protecting nature get the thumbs up in climate change study in 68 countries

Africa has begun experiencing frequent extreme weather events. Extreme weather is defined as the kind of heatwaves, droughts, storms and floods that have historically been rare occurrences for the place and time, and which pose a danger to large numbers of people and the economy. Marina Joubert researches how the…

The Conversation · Jul 16, 2025

Moody's Warns Of Housing Market 'Red Flare' As Sales Plunge, Builders Back Off

The U.S. housing market is showing signs of a significant slowdown, with a sharp decline in sales and a potential threat to the economy, according to Moody’s.

Benzinga · Jul 16, 2025

Swinney accuses Reeves of ‘channelling Thatcher’ with financial reforms

The Scottish First Minister criticised plans set out by the Chancellor in her Mansion House speech on Tuesday night.

Evening Standard · Jul 16, 2025

Edmunds three-row hybrid SUV test: Kia Sorento vs Toyota Highlander

The Kia Sorento Hybrid and Toyota Highlander Hybrid are two strong choices for those willing to sacrifice some interior space, especially in the third row, for exceptional fuel economy and a lower price

The Independent UK · Jul 16, 2025

Is Russia producing a year's worth of NATO ammunition in three months?

NATO Secretary General Mark Rutte has repeatedly said that Moscow’s annual ammunition production capacity is four times greater than that of the western alliance.

Euronews · Jul 16, 2025

Indonesia Hails 'New Era' With US After Trump Trade Pact

Indonesia's leader on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he slashed the tariff rate faced by Southeast Asia's biggest economy from 32 percent to 19 percent.

International Business Times · Jul 16, 2025

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

Euronews · Jul 16, 2025

Wednesday briefing: Why Labour wants to cut financial red tape – and why critics fear that risks a new crisis

In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy?

The Guardian - UK · Jul 16, 2025