Over a barrel: lack of sugar throws Cuba’s rum industry into crisis This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy The Guardian - UK · May 30, 2025
S&P Futures Tick Lower on Renewed Tariff Concerns, U.S. PCE Inflation Data in Focus June S&P 500 E-Mini futures (ESM25) are trending down -0.17% this morning as investors grappled with fresh uncertainty surrounding U.S. President Donald Trump’s tariff policies and looked ahead to the release of the Federal Reserve’s first-line inflation gauge. Barchart · May 30, 2025
AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO Scammers can now use AI tools to generate multiple live video fakes of real people—and request money transfers. Fortune · May 29, 2025
US economy falls 0.2% in the first quarter, hit by Trump's trade war First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes. Euronews · May 29, 2025
India’s FDI story is a mirage and the numbers prove it Late last week multiple news outlets reported that in 2024-25, gross foreign direct investment (FDI) into India hit $81 billion, up nearly 14 percent from the previous year – a stat that made headlines. Newslaundry · May 29, 2025
US to revoke Chinese student visas: What’s the likely impact? One in four foreign students in the US is from China. They add billions of dollars to the US economy. Al Jazeera · May 29, 2025
UK renters hit hardest by inflation as household costs surge Spiralling rents for the UK’s 5.5 million private tenants continued to outstrip broader price rises in the economy last year. Evening Standard · May 29, 2025
Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate The Independent UK · May 29, 2025
Trust in EU at 18-year high but fears for economy rising Regular poll confirmed trend of recent months for uptick in approval for and trust in EU, against fragile geopolitical backdrop. Euronews · May 29, 2025
Is Sudan’s war the reason for South Sudan’s economic crisis? What’s really going on with oil revenue The civil war in Sudan between the Sudanese army and paramilitary Rapid Support Forces, which began in April 2023, has had an impact on its neighbours. One of the most keenly affected countries is South Sudan, which became an independent state in 2011 and went on to endure its own… The Conversation · May 29, 2025
How Stephen Miran—a Harvard-trained former free market champion—became Trump’s top ideologue on tariffs Last year Miran, 41, was a virtual unknown. Suddenly the "Mar-a Lago accord" author’s ideas are reshaping the economy. Fortune · May 29, 2025
South Korea's central bank cuts borrowing costs to nurse the sluggish economy South Korea’s central bank has cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025 The Independent UK · May 29, 2025
Farage’s ‘fantasy’ economics will lead to Liz Truss-style meltdown, Starmer warns as Reform hits new poll high The prime minister’s intervention came as a stunning new poll saw Reform’s lead over Labour grow to nine points in what a leading pollster describes as ‘an uncontrollable political earthquake’ The Independent UK · May 28, 2025
Starmer: Farage’s ‘fantasy’ economics will lead to Liz Truss-style meltdown The Prime Minister is expected to urge the public to reject Reform UK’s calls to use ‘family finances’ as a gambling chip on ‘unfunded’ tax cuts Evening Standard · May 28, 2025
Fortune · May 28, 2025 How the CEO of Lumen Technologies is building the backbone of the AI economy "We're thinking about everything completely differently. It's one of my favorite things to do. I love leading change," Johnson told Fortune.
The Free Financial Advisor · May 28, 2025 Boomers in Denial: What They Refuse to Accept About Today’s Economy Navigating today’s economy feels like walking a tightrope for many Americans, but for Baby Boomers, the ground beneath their feet is shifting faster than they realize. Many Boomers, shaped by decades of relative economic stability, struggle to accept just how much the financial landscape has changed. This disconnect can lead…
Everybody Loves Your Money · May 28, 2025 These Are The Top 5 Airlines To Fly With Air travel today is more than just transport. It’s an experience. This experience can shape your journey’s start or end. People travel for business, vacation, or family visits. Passengers now expect more than cramped seats. They want more than complimentary pretzels. Comfort is key. Customer service matters greatly. Punctuality is…
Saving Advice · May 28, 2025 7 Ways Baby Boomers Are Quietly Draining the Economy Baby Boomers, aka those born between 1946 and 1964, are often seen as the backbone of modern America. They built wealth, led industries, and reaped...
Everybody Loves Your Money · May 28, 2025 8 Legal Loopholes That Let Employers Use You Without Paying a Dime When most people think of work, they think of a paycheck. But in today’s ever-evolving economy, there’s a darker truth that often gets swept under the rug: millions of people are contributing real labor, effort, and time — without seeing a single cent in return. Thanks to clever interpretations of…
The National (Scotland) · May 28, 2025 Kate Forbes demands Westminster action as Scotland's economy shrinks Scotland’s economy shrank in both February and March, figures show – although GDP as a whole increased over the first three months of 2025.
The Guardian - UK · May 28, 2025 World faces new danger of ‘economic denial’ in climate fight, Cop30 head says Exclusive: André Corrêa do Lago says ‘answers have to come from the economy’ as climate policies trigger populist-fuelled backlash
Barchart · May 28, 2025 Nasdaq Futures Tick Lower With All Eyes on Nvidia Earnings, FOMC Minutes on Tap June Nasdaq 100 E-Mini futures (NQM25) are trending down -0.19% this morning as investors cautiously await an earnings report from AI darling Nvidia and the Federal Reserve’s May meeting minutes.
The Conversation · May 28, 2025 We’re criticising GDPR for all the wrong reasons “Simplify”, “Streamline”, “Scale back”. While EU communiqués often find creative ways to avoid uttering the word “deregulation”, this new European Commission is all about boosting the bloc’s competitiveness by “cutting red tape”. The intention to stimulate the continent’s economy might be laudable, but there is a real risk of throwing…
Euronews · May 28, 2025 European companies cut costs and scale back investments in China European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released on Wednesday.
The Conversation · May 28, 2025 Nobel laureate Brian Schmidt is ‘scared’ about Australia’s research capacity – this is why On Wednesday, Nobel laureate Brian Schmidt and economics professor Richard Holden gave a joint address to the National Press Club in Canberra. Their key message? Australia isn’t spending enough money on university research.