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The Latest Breaking News from Economy

Oil Industry Urges Trump To Shield Oil From Tariffs

Oil industry advocates for exemption of oil and gas from tariffs on Canada and Mexico to maintain trade relationships and benefit the American economy.

Top News

The Second-Life EV Battery Market Could Be Worth Billions By 2035

The electric vehicle industry has embraced consolidation and efficiency. We’re seeing automakers slash costs and expand platform-sharing to minimize input and maximize output. Now, there’s a chance for EVs to be even more efficient by embracing the principles of a circular economy. Instead of the wasteful take, make and dispose…

InsideEVs

Mexican President Says Country Is 'Ready' For Trump Tariffs, Has 'Plans A, B, C' To Address Them

"We'll always defend the dignity of our people and the respect for our sovereignty," said Claudia Sheinbaum ahead of the deadline set by Trump for tariffs to go into effect

Latin Times

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Mexican Business Leaders Say Border Cities Will Be Impacted The Most By Tariffs

President Donald Trump said the U.S. will impose 25% tariffs on both Mexico and Canada starting February

Latin Times

Voices: The Tories and Labour have been engaged in a conspiracy of silence over Brexit

FEATURES: The best way to repair the damage of Brexit is to start talks on a bespoke UK-EU customs union – to cut red tape, boost exports and strengthen the UK's position in our dealings with President Trump, argues Ed Davey

The Independent UK

Stock Index Futures Climb as Apple and Intel Provide a Boost, U.S. PCE Inflation Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.46%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.73% this morning as solid earnings from Apple and Intel buoyed sentiment, while investors geared up for the release of the Federal Reserve’s first-line inflation gauge.

Barchart

What to Consider Before You Invest in Alternatives

A new economic paradigm points to the advantages of adding alternative investments to your portfolio for diversification and possibly higher returns.

Kiplinger

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Trump Administration Says Tariffs on Mexico and Canada 'Still on The Books' To Start Feb. 1

Press Secretary Karoline Leavitt confirmed the administration is still looking toward Feb. 1 to kick off 25% tariffs on Mexico and Canada

Latin Times

Starmer accused of having head in the sand over cost of Brexit

Exclusive: PM urged to undertake a radical rethink of Brexit to boost economic growth as it’s revealed government won’t calculate loss of the UK’s biggest market

The Independent UK

World Awaits Trump Tariff Deadline On Canada, Mexico And China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

International Business Times

Wider economy would be hurt from Star collapse: union

As the future of Star Entertainment hangs in the balance, a prominent union says it isn't just casino workers who would be hit by its collapse.

AAP

3 Cloud Computing Leaders Enabling the Digital Economy

The cloud computing sector is driving the digital economy through AI, multi-cloud strategies, and sustainability, making it a top investment choice. Therefore, investors can’t afford to miss industry leaders like Microsoft (MSFT), Amazon.com (AMZN), and Alphabet (GOOGL). Keep reading.

StockNews.com

International students’ housing challenges call for policy action

Canada is a top destination for international students, with over one million studying at various levels in 2023. International students contribute billions of dollars to the Canadian economy and much more to our social fabric.

The Conversation

Mexican Economy Shrinks For First Time In Three Years

Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed Thursday, as the country braces for US President Donald Trump's threatened tariffs.

International Business Times

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Top News

Senate To Vote On Doug Burgum For Interior Department Head

Former North Dakota Governor Doug Burgum's nomination for Interior Department leadership and his focus on national security, economy, and energy production.

The Independent UK

Farmers should grow cannabis to boost income, Tory MP says

Medicinal cannabis was legalised in 2018 by Sir Sajid Javid

Evening Standard

Medicinal cannabis sector could boost incomes of British farmers, Tory MP says

David Mundell said the sector could create tens of thousands of jobs in rural areas and ‘potentially bring more than £1 billion to the UK economy’.

The Independent UK

U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains

Some economists believe that Trump’s threat of tariffs changed consumer spending at the end of 2024

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The Conversation

Will Labour’s plan for growth actually work? Two economists respond

The UK chancellor Rachel Reeves says the Labour government will go “further and faster” to kick-start the British economy. Economic growth – to raise living standards and fund public services – is apparently a core mission of this government.

The Conversation

Rachel Reeves’ route to economic growth is a slow one – and there are no guarantees voters will be patient enough

After six months of talking down the economy and warning of tough times ahead, the UK chancellor Rachel Reeves has changed her tune. She is now much more optimistic about Britain’s economic prospects and has announced a raft of measures including major pension reforms designed to unlock cash to boost…

International Business Times

US Economic Growth Steady In 2024 As Trump Takes Office

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins.

The Guardian - UK

European Central Bank cuts interest rates after eurozone growth stalls

Reduction by quarter of a point to 2.75% aims to stimulate economy, which stagnated in last quarter of 2024

Top News

New U.S. Transportation Secretary Reverses Fuel Economy Standards

The Trump administration's decision to rescind fuel economy standards has wide-ranging implications for consumers, automakers, and the environment.

The Guardian - US

US economy continues to grow at robust pace as Trump vows to reduce prices

GDP grew by 2.3% in last quarter of 2024, down from 3.1% rate of growth in previous quarter

The Independent UK

U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024

The American economy ended 2024 on a solid note with consumer spending continuing to drive growth

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