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The Latest Breaking News from Economy

Trump's Return Darkens Mood As Germany Heads To Elections

Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.

International Business Times

Political Crisis Hits South Korea Growth: Central Bank

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.

International Business Times

Kiwis go for growth to lift economy out of the doldrums

Foreign investors will be wooed by New Zealand to help lift the nation's economy out of the lurch as the government seeks to put the woes of 2024 behind it.

AAP

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Consumer expectations for economy plunge to ‘new low’

A survey found expectations for the state of the economy over the next three months have worsened to minus 34, down from minus 27 in December.

Evening Standard

Consumer expectations for economy plunge to ‘new low’ amid job cuts

Hopes for the state of the economy over the next three months have dampened since December, according to a consumer confidence survey

The Independent UK

What Would Trump Tariffs Mean For Key Trade Partner Mexico?

US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy.

International Business Times

For Trudeau’s successor, safeguarding Canada’s economy a ‘daunting’ task

Domestic pressures and US tariff threat pose major challenges for Justin Trudeau’s successor.

Al Jazeera

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How Canadian cities could be leaders in the fight against waste

Most of what we consume in Canada is neither recycled nor reused.

The Conversation

Women are officially the economy's power players—outpacing men in both income and spending growth

Bank of America's Taylor Bowley reports that growth in women's consumption and income is outpacing male counterparts.

Fortune

'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate

U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.

International Business Times

Kansas Republicans Push To Ban Gender-Affirming Care For Youth

Kansas politics reflect a divide on economy and transgender rights, with Republicans prioritizing tax cuts and opposing gender-affirming care for youth, wh...

Top News

Rachel Reeves clashes with Sadiq Khan over third Heathrow runway as she hits out at people who 'always say no' to growth

Chancellor says if Britain wants a strong economy the answer ‘can't always be 'no'’ to projects that will create growth

Evening Standard

Reeves defends Budget as she searches for growth in Davos

Chancellor Rachel Reeves said she wanted the tax burden to come down but that would depend on the economy and public finances improving.

Evening Standard

I drove the Kia Niro Plug-in Hybrid for a week — and it’s a PHEV that most people can afford

The Kia Niro PHEV blends gas and electric power into a subcompact crossover SUV. I drove it for a week to see how much value it offers over EVs and traditional gas-powered cars.

Tom’s Guide

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The Independent UK

Reeves risks Cabinet row as she says growth must trump green concerns over Heathrow third runway

Chancellor is gearing up for a potential row with cabinet colleagues over major expansion of London’s airports

The Independent UK

Labour strips environmental watchdogs’ powers to block building projects

In the government’s latest push to grow the economy, regulators will no longer be able to demand developers mitigate the environmental impact of new buildings before they can be constructed

AAP

Australian shares rise again as Trump fuels optimism

Optimism about the Trump presidency's implications for markets and the economy has driven Australian shares to further gains as the ASX200 rises 0.4 per cent.

The Independent UK

Maintenance backlog of crumbling schools and hospitals ‘costs at least £49bn’

The National Audit Office Ministers has also warned ministers that allowing the waiting list of repairs to linger is a ‘false economy’.

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The Independent UK

Labour split over support for Heathrow expansion with Reeves set to give backing

Chancellor Rachel Reeves is expected to voice her support for a third runway at Heathrow despite opposition from cabinet collegue Ed Miliband and London mayor Sadiq Khan

The Guardian - UK

The Guardian view on England’s regional divides: still crazy after all these years

Editorial: A new study reveals the extent to which the economy remains one of the most unbalanced in Europe. Labour needs a broader vision to address the problem

Fortune

The Czech Republic's car giant Skoda is defying parent Volkswagen's downturn

Volkswagen-owned Skoda is defying a broader downturn for the German carmaker.

Evening Standard

Climate group says Heathrow expansion would be ‘catastrophic’

Climate charity Possible said the ‘huge increase in emissions’ from a third runway ‘won’t help our economy’.

Newslaundry

Tax memes target Nirmala, but who’s the real villain here?

The term meme was coined by the British evolutionary biologist Richard Dawkins in his 1976 book The Selfish Gene. In this book Dawkins defined a meme as: “A noun that conveys the idea of a unit of cultural transmission… Examples of memes are tunes, ideas, catch-phrases, clothes fashions, ways of…

Evening Standard

New deep water quay and autonomous vehicles part of £300m Belfast Harbour plan

The proposals also include a focus on accommodating cruise ships.

Evening Standard

Reeves heads to Davos in bid for more investment

The Chancellor said she ‘will not rest’ until the economy is growing.

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