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The Latest Breaking News from Economy

A Ton of Federal Revenue Comes From Public Lands, and Politicians Want to Sell Them for Pennies

Our politicians continue their fight to sell off public lands. More insulting than the overwhelming support for them, they want to sell these lands off for pennies compared to what they bring in.

RideApart

Rachel Reeves hit by fresh blow as UK economy growth slows down again

UK economy growth slowed in the third quarter to just 0.1 per cent

The Independent UK

UK economic slowdown in third quarter confirmed – ONS

The ONS said growth slowed to 0.1% in the third quarter from a downwardly revised 0.2% in the three months to June.

Evening Standard

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UK economy entering 2026 amid sharp private sector downturn, says CBI

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget

The Guardian - UK

U.S. pursuing third oil tanker as Venezuela hostilities intensify

This is the latest sign Trump wants to squeeze the Venezuela's economy.

Axios

Streeting urges closer trading ties with Europe to grow UK economy

Health secretary’s comments push further than government’s position on EU in wide-ranging interview

The Guardian - UK

2025: the year sustainability didn’t die

Even with all the challenges of 2025, sustainability managed to sustain in 2025.

Fortune

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Trump and his new handpicked Fed chair—whoever it will be—are going to clash ‘almost immediately,’ economists predict

Capital Economics expects the Fed to cut rates by just 25 basis points next year as the AI boom keeps economic growth robust.

Fortune

Trump rants about First Lady Melania’s ‘panties’ drawer while blasting Mar-a-Lago raid during rambling economy speech

Trump, who has demanded $230 million in compensation after federal probes, increased that figure to $1 billion and weighed giving the sum to charity — or keeping it for himself during campaign-style speech

The Independent UK

Gen Z is open minded about blue-collar work and the Fords of the economy need them — but both sides are missing each other

Clinton Crawford, an automotive technician, said college was pushed on his kids. “That’s good, if that’s for you, but I don’t think it’s for everyone.”

Fortune

Donald Trump promised a new ‘golden age’ for the US economy. Where is it?

Most Americans have yet to see this boom – but they’ve certainly heard a lot about it from the president

The Guardian - US

Angry Russians turn on Putin over poverty and stagnant economy during marathon press conference

‘Why do ordinary people live worse than Papuans [citizens of Papua New Guinea]?’ hit out one Russian viewer

The Independent UK

American Airlines makes major change to its basic economy tickets

The change in policy only surfaced when a terms and conditions update on the carrier’s website was noticed by frequent flyers on Wednesday

The Independent UK

Sneaking unemployment rate means the U.S. economy is inching closer to a key recession indicator, says Moody’s

“The trends are not our friends here,” said Moody’s economist Cris deRitis.

Fortune

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The Independent UK

Bank of England governor delivers warning over AI’s impact on jobs

AAP

Seven-surplus budget target despite growing debt

South Australia is reaping the benefits of growth in jobs and investment, with a budget review predicting four future surpluses.

The Independent UK

What to know about the possible impact of Japan's rate hike

Global investors are bracing for a hike by the Bank of Japan that may take its key interest rate to a 30-year high

Latin Times

Economic Worries Persist as Approval of Trump's Handling Of The Economy Stays Below 40%, Fox News Poll Shows

A majority of Americans continue to view the U.S. economy negatively and say they are falling behind financially, according to a new report.

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Fortune

The AI efficiency illusion: why cutting 1.1 million jobs will stifle, not scale, your strategy

The canary in the coal mine for the broader economy is the crisis facing Black women.

Roll Call

Trump bucked tradition with partisan end-of-year address - Roll Call

Donald Trump broke with past presidents with a prime-time address that some say was an attempt to upend the State of the Union tradition.

Evening Standard

Interest rates: Why have they been cut and what does it mean?

Here the Press Association looks at what the decision means and what the Bank of England expects to happen to the economy.

The Guardian - UK

Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects

The Guardian - UK

Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close

International Business Times

Trump Announces 'Warrior Dividend,' Defends Economy In Prime-Time Address

Democratic leaders said his speech glossed over persistent cost-of-living pressures faced by Americans.

AAP

Gold, iron ore and population swell big state's coffers

Australia's richest state has unveiled a modest mid-year budget windfall due to strong commodity prices and a growing population.

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