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The Latest Breaking News from Economy

Trump’s war on Fed is ‘serious danger’ to world economy, says ECB head

Christine Lagarde issues warning about risks of undermining central bank’s independence

The Guardian - UK

Fed independence ‘hangs by a thread’ after Trump moves to oust Lisa Cook

Efforts to oust Federal Reserve board member Lisa Cook and install allies could erode the bank’s autonomy, with consequences for inflation, market confidence and everyday borrowing.

Euronews

Trump Says Prices Are 'Way Down' With 'Virtually No Inflation', Targets Windmills Again

President Donald Trump said on Monday that prices are "way down" in the United States, pointing to falling energy costs while blasting "corrupt politician-approved ‘Windmills'" as "killing every State and Country that uses them." He also credited "magnificent tariffs" for strengthening the economy.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Defiant Reeves admits working people ‘feel stuck’ but insists Britain is not broken

Exclusive: Rachel Reeves launches her post-summer fightback with a boost for working parents as she tackles critics of Labour’s plans and the economy

The Independent UK

Would The U.S. Economy Collapse If Everyone Followed Dave Ramsey's Debt-Free Plan And Stopped Spending Like Congress? Here's What He Says

A recent episode of “The Ramsey Show” featured a question from a caller in Chicago that many Americans have probably thought about. Adam asked what would happen to the economy if a large number of people stopped using credit cards, ditched loans and followed Dave Ramsey's Baby Steps to become…

Benzinga

Auto-enrolment: The quiet pension reform that could transform Europe’s economy

Auto-enrolment into funded pensions would ensure more retirement contributions are invested, powering Europe’s growth.

Euronews

‘Really transitional moment’: what should we do about declining fertility rates?

As fertility rate hits all-time low in England and Wales, is there cause for concern for the economy and services?

The Guardian - UK

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What is AI Worth to the Economy?

Spending on AI is already boosting GDP, but will the massive outlays being poured into the technology deliver faster economic growth in the long run?

Kiplinger

Chairman Trump: has the US turned its back on free-market capitalism?

Republicans once believed governments should get out of the way. Trump is making his influence felt in every corner of the American economy

The Guardian - US

In an unstable world British business should look East to Japan

Japan wants boost domestic growth by encouraging direct foreign investment

Evening Standard

In Trump’s Push to Fire Fed Governor, a Curious Target

In seeking to oust Lisa Cook, President Trump attacks a likely ally on interest rates who happens to be the first Black woman in the job.

Capital & Main

9 Ways Trump’s Economy Could Boost Your Bank Account, According to an Expert

Discover how strong U.S. economic growth under Trump could mean higher wages, better credit and more financial stability for your household.

GOBankingRates

At Work review – photographer ditches career for gig economy and writing in poverty drama

Though the film is eventful enough, there is a bland placidity with which Bastien Bouillon plays a man following his dreams in this quaintly naive drama

The Guardian - UK

India's Modi and Japan's Ishiba agree to expand ties. Here's what they said

India and Japan have agreed to further expand ties and deepen cooperation in areas such as security, economy, clean energy and human resources

The Independent UK

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Barchart

Nvidia’s Jensen Huang Warns America Must ‘Lead and Win the AI Race,’ Says China is a $50 Billion Opportunity and Growing ‘50% Per Year’

NVIDIA CEO Jensen Huang spotlighted China as a central piece of the global AI economy during the company’s earnings call this week, estimating that the market represents a $50 billion opportunity for NVIDIA this year alone.

The Guardian - UK

UK bank shares fall as City fears budget tax raid; US trade deficit surges – as it happened

Calls for ‘Thatcher-style tax on bank profits’ to raise billions of pounds rattle bank shares

Euronews

Are you satisfied with your financial situation? European countries compared

Satisfaction with financial situations is generally high in Northern and Western Europe, while it is lowest in the EU candidate countries. Despite its strong economy, Germany reports comparatively low satisfaction.

Benzinga

Bitcoin Flat As US GDP Rebounds In Q2; Ethereum, XRP, Dogecoin Slide: Analyst Says 'Keep An Eye Out' For This ETH Level To Confirm 'Real Breakout'

Bitcoin consolidated on Thursday, while major altcoins fell, despite the U.S. economy posting stronger-than-expected results in the second quarter.

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news in one place.

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Al Jazeera

How triggering snapback sanctions may deepen Iran nuclear crisis

Europe’s move to re-impose UN sanctions against Iran will make nuclear diplomacy more difficult, experts say.

Barchart

S&P 500 Posts a New Record High on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up by +0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.58%. September E-mini S&P futures (ESU25 ) rose +0.32%, and September...

Barchart

Dollar Pressured by Fears Over Fed Independence and Strong Stocks

The dollar index (DXY00 ) on Thursday fell by -0.40%. The dollar was under pressure Thursday from a stronger yuan, which rose to a 9.5-month high against the dollar. The dollar also remains under pressure due to concern over the Fed's independence and fears about capital flight with President Trump's...

Saving Advice

Rabbis; The Economy; His Majesty’s Health

RABBIS Orthodox Rabbis Emerge as Growing Voice of Criticism of Israel’s Tactics in Gaza. Hamas is no longer a credible threat. Israel should immediately flood...

Evening Standard

Blue chips falter as FTSE outshone by European peers

The FTSE 100 index closed down 38.68 points, 0.4%, at 9,216.82.

Barchart

Dollar Slips on Yuan Strength and Concern Over Fed Independence

The dollar index (DXY00 ) today is down by -0.37%. The dollar is under pressure today from a stronger yuan, which rose to a 9.5-month high against the dollar. The dollar also remains under pressure due to concern over the Fed’s independence and fears about capital flight with President Trump’s...

The Free Financial Advisor

Could Rich vs. Poor Spending Habits Predict the Next Recession

Economic downturns often seem to catch everyday people off guard, but some warning signs might be hiding in plain sight. One area worth exploring is how the spending habits of the rich and the poor could predict the next recession. By looking at what, how, and when different groups spend…

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