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The Latest Breaking News from Economy

Tesla And Amazon Just Became A Problem For The Entire Discretionary Sector

When the economy is strong, consumer discretionary stocks usually sprint ahead. But in 2025, the sector's two heaviest runners—Tesla Inc. (NASDAQ:TSLA) and Amazon.com Inc. (NASDAQ:AMZN)—are slowing the entire race, masking a healthier picture underneath.

Benzinga

Trump's tariffs may be bringing in a lot of revenue but they've also been a 'tax on capital, so far,' top economist says

The “mystery” of the 2025 economy is vastly different from the record profit margins of 2021 and 2022, Morgan Stanley’s Michael Gapen says.

Fortune

Conservatives should stop defending triple lock ‘Ponzi system’, says senior Tory

Tom Tugendhat compared the UK economy to a ‘Ponzi system’ during a fringe event at the party conference in Manchester on Monday.

Evening Standard

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TotalEnergies, Veolia Partner To Drive Low-Carbon Future

On Monday, TotalEnergies SE (NYSE:TTE) penned a new memorandum of understanding with Veolia Environnement (OTC:VEOEY) to expand their partnership in advancing the energy transition and circular economy.

Benzinga

America saw 'essentially no job growth' last month, warns Moody's, and any roles added were in three wealthy states

Moody’s warns U.S. job growth has stalled as the shutdown halts official labor data, forcing Wall Street and the Fed to rely on patchy private reports.

Fortune

Stocks Set to Open Higher on Fed Rate-Cut Hopes and Earnings Optimism

December S&P 500 E-Mini futures (ESZ25) are up +0.36%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.55% this morning, pointing to a higher open on Wall Street as investors wager that a resilient economy and further rate cuts from the Federal Reserve will continue to underpin corporate earnings.

Barchart

Texas stock exchange gets federal approval as state tries to compete with New York heavyweights

The Texas Stock Exchange is expected to launch in Dallas next year, as economists wait to see if “Y’all Street” is big enough to support the exchange and challenge New York’s dominance in the financial sector.

The Texas Tribune

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German city crowned Europe’s green capital for ‘strong commitment’ to climate change

The city came top thanks to its scores for air quality, water, noise, climate change adaptation and its circular economy.

Euronews

Tokyo Soars, Yen Sinks After Takaichi Win On Mixed Day For Asia

Tokyo stocks surged more than four percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.

International Business Times

8 Top Tips To Fly Business Class for the Price of Economy

Here are eight ways to find cheap flight tickets without spending hours booking travel or settling for economy class seats.

GOBankingRates

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

“And by broadening the concept to fixing and moving as well as making things, I think it becomes a more plausible and a more inclusive concept.”

Fortune

Nicola Willis is right: NZ’s economy isn’t as bad as the ‘merchants of misery’ claim

Finance Minister Nicola Willis has called them the “merchants of misery”, but critics of her government’s economic performance doubled down when the June quarter GDP figures showed a contraction in many sectors.

The Conversation

Two hours of exercise a week reduces joint pain and visits to GP

Study looks at how workouts can help those with hip, knee and back pain – and benefit UK economy to tune of £34bn

The Guardian - UK

Russell Findlay claims SNP 'biggest failure is the economy' as he swipes at Swinney

RUSSELL Findlay has claimed the SNP’s “biggest failure is the economy” – mentioning the pro-independence party 23 times in his speech to the…

The National (Scotland)

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Evening Standard

Russell Findlay criticises SNP ‘woke’ policies at UK Tory conference

The Scottish Conservative leader gave a speech on the main stage on Sunday.

Space

New DARPA 'field guide' looks for ways to jump-start a moon economy

A recent DARPA study laid out a step-by-step process that could enable an economic link between Earth and the moon. But how real is the promise of giving the moon an industrial makeover?

Evening Standard

‘Difficult times’ for Tories, says Russell Findlay, as he focuses on economy

The Scottish Tory Party leader spoke at the Scottish fringe at the UK Conservative conference where he said the party would focus on the economy,

Tom’s Guide

I drove the Lexus UX 300h for a week — and it’s the perfect blend of luxury and fuel economy

The Lexus UX 300h is a subcompact crossover SUV that offers impressive fuel economy for a hybrid vehicle, while also costing way less than most other luxury cars.

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Euronews

Air Canada offers free booze in economy. Will it be comfort or chaos at 10,000 metres?

Canada’s flag carrier is the first North American legacy airline to offer free drinks across its whole network.

Benzinga

Majority of Americans Believe Trump's Policies are Harming Economy

A recent poll has shown that a majority of Americans believe that the economic policies of President Donald Trump have had a detrimental effect on the economy.

Evening Standard

Badenoch insists she can turn Tory fortunes around on eve of conference

Kemi Badenoch claimed the Conservatives were ‘the only party with a credible plan to deliver both a stronger economy and stronger borders’.

Benzinga

The 10 Industries That Exist 'Only To Service The Very Rich'—From $750,000 Mattresses To Horse Massages And Tiara Repairs

Reddit recently lit up with thousands of responses to the question: “What’s an industry that exists only to service the very rich?” The answers, drawn from firsthand experiences and industry insiders, reveal just how many entire businesses cater exclusively to the ultra-wealthy.

Reason

The U.S. Government Doesn't Want You To Read This Report on Israel's Business Deals

Whether or not one accepts the report's characterization of Israel's actions, the report itself is an interesting read on the economics of war.

The Independent UK

Hungary clings to Russian oil and gas as EU and NATO push to cut supplies

Hungary remains firm in maintaining its supplies of Russian oil and gas, even as the European Union accelerates efforts to cut Russian energy imports

Barchart

Dollar Falls as US Government Remains Shutdown

The dollar index (DXY00 ) on Friday fell by -0.12%. The ongoing shutdown of the US government weighed on the dollar as the shutdown entered its third day on Friday. The longer the shutdown is maintained, the more likely the US economy will suffer, and GDP growth will stagnate, a...

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