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The Latest Breaking News from Economy

Behind the Curtain: Trump bets his presidency and GOP's future on AI

He won on the backs of working-class MAGA. But he surrounds himself with tech moguls.

Axios

Kevin O'Leary Says Inflation Is 'Hidden Tax,' Warns Cutting Rates Would Risk 'Policy Disaster'

Investor Kevin O’Leary warned that inflation remains a greater threat to the U.S. economy than the financial markets want to admit, while arguing that aggressive political pressure on the Federal Reserve risks undermining the country's global credibility.

Benzinga

Peter Schiff Says Trump Isn't Making The 'Affordability Crisis' Better, Challenges President To A Debate: 'He's Making It Worse'

Peter Schiff challenged President Donald Trump on Saturday to a debate on the U.S. economy and inflation, after Trump called the economist a “loser” and a “jerk” on social media.

Benzinga

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Japan revises economic data to show bigger contraction in July-September period

Japan’s economy has contracted at an annual pace of 2.3% in the July-September period, as exports suffered from the impact of U.S. President Donald Trump’s tariffs and public investments slipped

The Independent UK

Vladimir Putin Said Nothing Could Ban Bitcoin A Year Ago: Here's How Moscow Has Used Crypto Since Then To Overcome US Sanctions

Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar. While many saw it as a message to the West on international sanctions, the country has taken targeted steps to open its economy to the world’s…

Benzinga

Here’s what lies ahead for the economy in 2026 - and the outlook depends on who you ask

Financial institutions and economists hold a relatively positive outlook of growth in 2026 – though they warn several factors could disrupt that

The Independent UK

Ontario’s Bill 5 erodes good governance in the province

Ontario passed Bill 5, the Protect Ontario by Unleashing Our Economy Act, in June 2025. The omnibus bill amended environmental laws and proposes “special economic zones” where the government can decide what laws will or won’t apply.

The Conversation

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It's a winner-take-most economy

With fewer competitive participants, winning is harder, whether you're an investor, a consumer or a business.

Axios

So much of crypto is not even real—but that's starting to change

Crypto has long felt like a giant casino with imaginary chips, but big recent breakthroughs mean it's fast becoming part of the real economy.

Fortune

Economists Warn Venezuela's Fragile Economy Won't Withstand War With the U.S., Despite Maduro's Defiance: Report

Despite Maduro's assertions, experts warn that a prolonged war with the United States would jeopardize Venezuela's economy, and the country's limited resources to sustain an armed conflict would only deepen the ongoing crisis in the Latin American nation.

Latin Times

The K-shaped Christmas: wealthy few drive holiday spending splurge while many struggle to get by

A soaring stock market rewards the already well-off but Trump’s handling of the economy has caused his approval ratings to plunge

The Guardian - US

Putin should have accepted Trump’s deal. Now Russia’s collapsing economy could lead to his downfall

The war against Ukraine has hit ordinary Russians hard, and the deteriorating situation is likely to inflame tensions, says Guardian foreign affairs commentator Simon Tisdall

The Guardian - UK

Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'

China has “twice as much energy as we have as a nation, and our economy is larger than theirs. Makes no sense to me,” Huang said.

Fortune

K-Shaped Growth And Policy Volatility, JP Morgan's 2026 Outlook

A resilient market at the headline level, yet with an uneven, policy-driven underlying economy. This is the reality that JP Morgan Asset Management sees for 2026

Benzinga

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Fortune

Trump calls affordability a ‘Democrat scam’ and ‘con job’—but nearly three-quarters of his voters think cost of living is bad or the worst ever

A Politico poll found that 37% of Americans who voted for Trump in 2024 believe the cost of living is the worst they can ever remember.

Evening Standard

On Zack Polanski’s Magic Money Tree, economic gravity simply doesn’t exist

The Green Party leader thinks Modern Monetary Theory is a cure for Britain’s woes — others see it as snake oil at best, writes Jonathan Prynn

inkl

From Cost Centers to Capital Generators: David Akokodaripon’s Blueprint for the AI-Native Economy

The global economy is currently undergoing a paradigm shift comparable to the industrial revolution, transitioning from a model based on tangible asset accumulation to one predicated on the capitalization of intangible digital liquidity. In this new macroeconomic environment, data has evolved from a passive record of transactions into a primary…

Saving Advice

The New Year Brings Stricter IRS Audits for Self-Employed Retirees

As the calendar turns to 2025, the IRS is rolling out stricter audit procedures that directly affect self-employed retirees. These changes are part of a...

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news in one place.

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Evening Standard

JLR recovery set to have lifted economy in October despite pre-Budget nerves

Official figures will show estimates for UK gross domestic product (GDP) on December 12.

Benzinga

'The Economy Is Quite Booming'—Dave Ramsey Shuts Down Caller Blaming The Economy For Her Struggles. 'The Economics At Your House Suck'

When a recent caller tried to blame the economy for her family's million-dollar debt, Dave Ramsey fired back that it’s not the economy’s fault.

InsideEVs

Why The BMW iX3 Is Exactly The Kind Of EV We've Been Waiting For

Plus, we talk about Trump's war on fuel economy, and Harbinger Motors wants to rewrite the book on EV trucks.

The Conversation

Is the dominance of the US dollar unravelling under Trump?

The US has long sat at the centre of the global financial system, with the US dollar serving as the backbone of the world economy. Private investors rely on the dollar as a store of value in times of uncertainty.

We Got This Covered

‘Hard times for MAGA’: Over a third of Trump’s fiercest supporters forced to admit cost of living crisis is the worst in memory

2026 midterms not looking great for the GOP.

Evening Standard

Starmer sets out plans to cut child poverty by 550,000

The Prime Minister said action to tackle child poverty could help the economy in the long-term and ease pressure on public services.

The Independent UK

MAGA feels the pinch: Over a third of Trump voters say they’re facing the worst cost of living crisis yet

As discontent grows, many voters blame Trump for the current state of the economy, according to a new poll.

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