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The Latest Breaking News from Economy

The UK government’s risky rollback of financial regulation threatens long-term growth

The financial crisis of 2008 left deep scars on the British economy. The average UK household is now estimated to be 16% poorer than it would have been had that crisis never occurred.

The Conversation

Amyl and The Sniffers foot $35,000 bar tab after Melbourne gig is axed by police

Amyl and The Sniffers have been praised for giving back to the local bar economy in Melbourne.

BANG Premier

Budget rumours key reason for weak growth, says former Bank chief economist

Andy Haldane has called for the process to be overhauled to prevent Budget leaks that can damage the economy.

Evening Standard

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Budget gossip and U-turns to blame for Britain’s weak growth, former Bank of England economist warns Reeves

Andy Haldane has called for the process to be overhauled to prevent Budget leaks that can damage the economy

The Independent UK

Scott Bessent Expects US-China Rare Earths Deal By Thanksgiving Based On Xi Jinping's 'Word' But Issues Caution: 'All Options...'

Treasury Secretary Scott Bessent expressed optimism about the ongoing rare earths deal between the U.S. and China, hinting at a potential resolution by Thanksgiving.

Benzinga

Japan and Switzerland’s economies contract as US tariffs hit exports; Alphabet shares jump after Warren Buffett reveals stake – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Japan's economy contracts as exports are hit by President Trump's tariffs

On a quarter-on-quarter basis, GDP in the three months to September contracted for the first time in six quarters, a challenge for new Prime Minister Sanae Takaichi.

Euronews

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Japan's economy contracts as exports get hit by US tariffs

Japan’s economy has declined at an annualized rate of 1.8% in the July-September period, as President Donald Trump’s tariffs sent the nation’s exports reeling downward

The Independent UK

UK watchdogs need to step in on rip-off bills, which are bad for consumers and the economy

From mobiles to insurance and subscriptions, firms are able to exploit the fact they know more than customers

The Guardian - UK

'If voters feel like things aren't working, they fire their politicians': K-shaped economy math shows why Trump’s base feels betrayed

The president’s approval ratings have reached their lowest since he took office in January.

Fortune

Trump's $2,000 Dividend Check Plan, $200 Billion Trade Deal And More: This Week In Economy

Another weekend has passed, and it’s time to catch up on the most significant stories that emerged over the past few days. Here’s a quick recap of the key events that unfolded over the weekend.

Benzinga

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

Russia's economy has slowed after two years of robust growth fueled by the war in Ukraine

The Independent UK

AI, Covid and taxes: what is behind steep rise in youth unemployment?

Last year’s employer NICs increase and a weak economy are adding to tricky conditions for young people

The Guardian - UK

Nigel Farage is today’s Enoch Powell and his appeal down to slow economy, says minister

Business secretary Peter Kyle says appeal of far-right parties like Reform due to ‘their dogma of disruption, division and despair’

The Guardian - UK

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Benzinga

Congress Members Got Full Pay During Government Shutdown: Here's How Much They Made During Record Long Stoppage

The longest government shutdown in American history came to an end this past week, with the 43-day event disrupting food assistance payouts, travel and more pieces of the economy.

The Independent UK

Trump raised eyebrows after asking America’s top CEOs for tips on affordability crisis: ‘He’s surrounded by a lot of ‘yes men’’

The president reportedly made remarks during a private event at the White House, which included CEOs from JPMorgan Chase, BlackRock, Goldman Sachs and Nasdaq

The Independent UK

Rachel Reeves’s U-turn on income tax is needless, cowardly – and wrong

THE INDEPENDENT VIEW: Editorial: The chancellor’s decision to break a manifesto pledge cannot so easily be flipped from yes to no, especially when there has been no change in the economy to warrant it. This is no way to run a government

The Independent UK

Trump now faces the worst possible fate in polling: Becoming Joe Biden

ANALYSIS: It doesn’t matter how much Trump talks about how costs are going down. Voters are not buying what he is saying, Eric Garcia writes

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news in one place.

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International Business Times UK

Stimulus Payments Could Put Donald Trump In a Dilemma; Here's Why

Donald Trump's plan to issue stimulus payments is not good for the economy, according to experts. However, he will also attract backlash if he forgets it.

Clever Dude

You’re Just Lazy: 8 Real Reasons You Can Find A Job

People often say the job market is tough, but the truth is, many folks still manage to get hired every day. If you keep telling yourself there are no opportunities, maybe it’s time to face a harder truth—you might just be lazy. The phrase sounds harsh, but it’s not an…

The Independent UK

‘The speculation is ridiculous’: Readers vent frustration over Budget uncertainty

YOUR VIEWS: Our community is split over Rachel Reeves’ upcoming Budget, with many frustrated by speculation and uncertainty, while others defend her cautious approach

The Guardian - US

Carney’s ‘nation-building’ programme misses mark to be truly transformative for Canada

The $C56bn plan focused on investing in a resource economy falls short of changing Canadians’ day-to-day lives

The Guardian - AU

The climate crisis is expensive: net zero is cheaper for Australia than not doing more

The Coalition claims net zero by 2050 will cost too much – but unchecked warming or even a delayed transition would be worse for the economy

The Guardian - AU

‘Make Sydney fun again!’: can government policies really resuscitate the city’s nightlife?

With the world’s best-resourced night-time economy office behind it, can Sydney finally be enticed to come out after dark?

The Independent UK

German government to subsidize industry's energy prices in bid to revitalize economy

Germany’s governing coalition has agreed to subsidize energy prices for heavy industry over the next three years

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