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The Latest Breaking News from Economy

Why Buffett Dumped Apple and Bet Big on Domino’s Stock Instead

Here's why Warren Buffett sold Apple stock and invested in Domino's, signaling his outlook on inflation and the broader economy.

MarketBeat

£20bn hit to the UK economy from Donald Trump’s planned tariffs, says research

The US is the UK’s second-biggest trading partner after the EU and Britain sent £188.2 billion of exports to the US in the 12 months to the end of June

The Independent UK

Alibaba Stock: Why Earnings Make It a Buy Despite the Recent Dip

Alibaba stock went lower even after the company reported a double-digit increase in net income and signs of new stability in the Chinese economy.

MarketBeat

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Plug Power Stock: Mixed Results Adds To Volatilty

Plug Power's vision for a hydrogen-powered future faces challenges, but strategic initiatives and market opportunities present potential for long-term growth.

MarketBeat

Who does the Democratic party actually represent?

No politician can win without a coalition of voters. Do Democrats know who theirs are?

The Guardian - US

Starmer lands in Rio to meet Chinese President Xi Jinping at G20 summit

‘China’s economy is obviously the second biggest in the world … I will be having serious pragmatic discussions with the president when I meet him.’

Evening Standard

Starmer raises concern over jailed activist Jimmy Lai in landmark talks with China’s Xi

The prime minister expressed concerns over reports of Jimmy Lai’s deteriorating health

The Independent UK

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More people are dropping out of the creator economy as those at the top get a bigger share of brand deals

The share of Bank of America customers earning income as content creators has declined for three years in a row.

Fortune

Starmer aims to build ‘pragmatic and serious relationship’ in meeting with Xi

Prime minister wants bilateral at G20 to lead to closer ties with China, which he sees as key to faster growth

The Guardian - UK

IPL 2025 Auction: Kolkata Knight Riders remaining purse, RTM, slots to be filled

The Kolkata Knight Riders (KKR) are gearing up to claim their fourth IPL title in 2025, aiming to add another chapter to their storied history. The defending champions is focused on building a balanced squad under astute leadership.

The Times of India

The streetlights going out over Britain tell a brutal story: austerity isn’t over – it’s getting worse

Labour won’t achieve its aim of reviving the UK’s economy until it takes the plight of cash-starved councils more seriously, writes Guardian columnist John Harris

The Guardian - UK

Trump converts voters in deep-blue California – was it all about the economy?

President-elect took eight counties that went for Biden, and economic discontent appears to have been a key driver

The Guardian - US

Egypt's Middle Class Cuts Costs As IMF-backed Reforms Take Hold

Egypt's economy has been in crisis for years, but as the latest round of International Monetary Fund-backed reforms bites, much of the country's middle class has found itself struggling to afford goods once considered basics.

International Business Times

Economists Warn of Dramatic Surge in Food Prices if Trump's Tariffs and Immigration Plans are Enacted

Despite having run on improving the cost of living, experts believe Trump's policies will actually weaken the economy and increase food prices nationally

Latin Times

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The Guardian - UK

Will ‘full-blown Trump’ tariffs drive Britain back into the arms of Europe?

The president-elect’s unpredictability on trade has experts guessing about his impact on the UK economy – but some find glimmers of hope in the gloom

The Guardian - UK

‘We’ve become distrustful of each other’: Braiding Sweetgrass author Robin Wall Kimmerer on Trump, rural America and resistance

Her last book sold 2m copies. Now the Native American ecologist is taking on capitalism. She talks about how the ‘gift economy’ could heal divisions across the US

Newslaundry

Hafta letters: Trump’s win, questions on migration, organic farming in India

In Hafta 508, the discussion of hypocrisy came up with regard to US actions in the international arena. Actually, I don’t think they are as hypocritical as it looks. They are remarkably consistent in their actions. We should be clear in understanding that when the US says they want the…

The Guardian - AU

Does Trump’s US victory mean Albanese will lose the next Australian election?

The countries share a 4.1% unemployment rate. What other clues might indicate the political fate of Australia?

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The Guardian - UK

Workers affected by Port Talbot closures to get up to £10,000 to start businesses

Exclusive: Welsh secretary to announce £80m funding to help 2,800 Tata steelworkers and local economy

Reason

The National Debt Just Hit $36 Trillion. Does Trump Have a Plan To Control It?

It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy.

Top News

Austria Secures Alternative Gas Supplies Amid Gazprom Cutoff

Austria's OMV faces gas cutoff by Gazprom over payment dispute, impacting Russia's economy. European countries seek alternative gas sources amid Ukraine tr...

The Guardian - UK

UK’s unhealthy food habits cost £268bn a year, report finds

Exclusive: Food, Farming and Countryside Commission added up cost to NHS and economy of diet-linked disease

The Independent UK

Americans continue to spend despite naming the economy and inflation as top election concerns

A 1.6% jump in sales at auto dealers drove much of the gain of consumer spending in October

The Guardian - UK

Shrinking GDP forecast adds to German woes after coalition collapse

European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year

The Guardian - AU

Sydney to London flight emissions can be halved depending on route, plane and seating

Carbon footprint of an average passenger can vary widely depending on stopovers, plane models and even seating arrangements

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