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The Latest Breaking News from Economy

9 Surprising Perks of Being a DINK Couple in an Inflation-Heavy Economy

As prices climb on everything from groceries to housing, many Americans are feeling squeezed. But for those living as a DINK couple—dual income, no kids—the financial landscape looks a little different. While inflation can create stress for most households, DINK couples often have unique advantages that help them not only…

Dinks Finance

Quiet Wealth Shift: How Big Tech’s New Policy Lets DINKs Build Passive Income Smarter

Something significant is happening behind the scenes of the digital economy, and most people aren’t aware of it. A quiet wealth shift is underway, driven by new Big Tech policies that are quietly changing how ordinary investors, especially DINKs (Dual-Income, No-Kids couples), can earn passive income. Between updated platform rules,…

Dinks Finance

3 Ways Your Holiday Shopping Needs To Change in the Trump Economy

Rising prices and tariffs might be reshaping holiday shopping this year. Discover smart ways to save, spend wisely and rethink gift-giving this season.

GOBankingRates

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Egypt unveils the world's largest museum dedicated to a single civilization

Egypt on Saturday is inaugurating the Grand Egyptian Museum, aiming to boost tourism and revitalize the economy

The Independent UK

German companies pay Russia €1.72 billion in taxes, raising concerns of funding its war in Ukraine

German companies have paid nearly $2 billion (€1.72bn) in taxes to Russia since the Ukraine invasion, funding the war effort. Critics urge immediate withdrawal.

Euronews

Do mega-sporting events like the World Series pay off? Here’s the economic reality behind them

Whether it’s the World Series, the FIFA World Cup or the Olympic Games, the hope for hosting mega sporting events is that the economy will emerge as the true winner.

The Conversation

Options Corner: A Mixed Earnings Report For MGM Resorts Is Hiding An Informational Arbitrage Opportunity

MGM Resorts International (NYSE:MGM) may be one of the more conspicuous real-time indicators of the economy's bifurcated nature. While many investors are praising the stunning rise of the equities market overall — thanks mostly to artificial intelligence and similar innovations — consumers on the ground are clearly facing steep challenges.…

Benzinga

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Kazakhstan closes 130 crypto platforms in shadow economy crackdown

Authorities in Kazakhstan seized digital assets worth €14.4 million and uncovered 81 illegal cash-out networks amid growing efforts to curb financial crime.

Euronews

Trump-Xi meeting: the key takeaways

This newsletter was first published in The Conversation UK’s World Affairs Briefing email. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

The Conversation

The government shutdown won't be completely recouped—and it could cost the economy up to $14 billion, estimates say

The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.

Fortune

Nasdaq Futures Soar as Amazon and Apple Results Boost Sentiment

December Nasdaq 100 E-Mini futures (NQZ25) are trending up +1.15% this morning as strong quarterly results and guidance from Amazon and Apple boosted sentiment.

Barchart

Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy

The relationship between job openings and stock market performance has been called “the scariest chart in the world.”

Fortune

Trump warned Ukraine war is creating ‘significant risks’ for US economy in new report urging end to conflict

Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United States if peace can be achieved

The Independent UK

Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade

The Guardian - UK

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Benzinga

BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

Editor's Note: This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan

International Business Times

Australia Tables Historic Environmental Reform Legislation Promising Economic Boost and Conservation Balance

Australia's government introduces comprehensive environmental reform legislation promising A$6.9 billion annual economic benefits through faster project approvals while establishing a new National Environmental Protection Agency. The landmark bill faces political challenges requiring crossbench support.

Thousandaire

10 Ways People Are Getting Rich Selling Fake Luxury Handbags

The line between luxury goods and fakes has become increasingly blurred. In recent years, the counterfeit market has exploded. Buyers especially need to be aware of the booming industry, as it has become much harder to spot a fake. In many ways, the counterfeit market is no longer hiding on…

Fortune

Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

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Evening Standard

PTSB sale good news for the Irish economy – Taoiseach

The bank announced the commencement of a formal sale process on Thursday.

The Free Financial Advisor

The Gig Economy Tax Nightmare: Why So Many Freelancers End Up Owing the IRS

The gig economy continues to grow rapidly as more people choose to work as freelancers. Flexible hours and the chance to be your own boss are appealing. Freelancers discover a surprising truth about taxes when they need to file their taxes. The gig economy tax nightmare is real, and it’s…

The Guardian - AU

What if the next move in interest rates is up? Australia’s shock inflation news raises an unwelcome question

One economist warns if inflation is hotter than expected in the December quarter, the RBA could hike in February

GOBankingRates

What Suze Orman’s Warning About the Economy Means for Your Investments

Suze Orman issues a major warning about the economy—find out what it means for your investments and how to protect your financial future now.

The Independent UK

Europe's economy shows modest growth of 0.2%, held back by laggard Germany

Europe's economy has grown by a modest 0.2% in the third quarter, according to official figures released Thursday

Fortune

Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a 'clear head'

“Ultimately it’s going to slow down the economy,” he says.

Fortune

Why ASEAN membership matters for Southeast Asia's smallest economy: It's a ‘credible signal’ of stability to wary international investors

With oil and gas revenues starting to run dry, Timor-Leste, also known as East Timor, needs to explore new options.

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