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The Latest Breaking News from Economy

Three reasons why China wants global green leadership after Cop30 – and two reasons it doesn’t

Ahead of the UN’s Cop30 summit, China appeared keen to take on the mantle of new global leader on climate change, stepping into the gap left by the US’s withdrawal from the top spot under Donald Trump.

The Conversation

US Would Be In 'Recession' Without AI, As Spending Goes 'Through The Roof,' Comprising 45% Of S&P 500 CapEx

The United States economy is now dependent on a historic surge in artificial intelligence (AI) investment to stay afloat, according to recent market analysis. New data reveals that without the massive capital infusion into AI infrastructure, the U.S. would currently be in an economic recession.

Benzinga

How climate change is growing into one of the biggest threats to Spain’s ‘resilient’ economy

Despite steady GDP growth, a new report warns Spain is among the European countries most 'exposed' to climate change.

Euronews

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Michigan's Governor Just Revealed A $27 Billion Pension Problem—And 87% Of CEOs Think the Economy Will Only Get Worse

Laying bare the structural challenges facing Michigan's economy – from a massive unfunded pension liability to rising CEO pessimism over the state's manufacturing future – Gov. Gretchen Whitmer sat down for an unusually transparent financial review on YouTuber Caleb Hammer's "Financial Audit" show on Nov. 3.

Benzinga

Trump Says Economy 'Roaring Back,' Thanks God For 'Abundant Blessings' — Elon Musk Says Thanksgiving Food Is 'Amazing' As Holiday Messages Pour In

From presidential proclamations to playful AI image and tech-themed posts, the U.S. political and business heavyweights marked Thanksgiving in strikingly different ways.

Benzinga

Is American Express the Credit Stock For a K-Shaped Economy?

With economic sentiment continuing to turn sour, credit card stocks are becoming an industry worth watching. Which companies are best positioned for a slowdown?

MarketBeat

Friday essay: how societies evolved into fear-dominated goliaths – then collapsed

We think of ancient civilisations as operating very differently from the way our economy works today. Yet the Bronze Age Assyrians living in Mesopotamia, around 4,000 to 3,000 years ago, began the basis of modern capitalism, in a region spanning most of modern-day Iraq, eastern Syria and southeastern Turkey. The…

The Conversation

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The sticking plasters in Labour’s budget won’t fix a broken economy

Letter: We need a fundamental reset of who this economy serves, says Cassie Groos

The Guardian - UK

Chances missed in a short-termist budget

Letters: Despite Wednesday’s budget, massive public spending will still be needed to revive the UK economy, writes Colin Hines. Plus a letter from Bernie Evans

The Guardian - UK

A new low: Trump’s approval rating negative with every major pollster for the first time

Polls carried out by YouGov, Gallup, Ipsos, R.M.G. Research, Morning Consult and Quinnipiac all show that more U.S. citizens disapprove of Trump than approve

The Independent UK

On NATO’s eastern flank, Romania finds itself at the crux of European security

In a geopolitical landscape shaped by the ongoing war in Ukraine, neighbouring Romania’s role in European defence highlights the broader challenges facing the EU and NATO. RFI spoke to Claudiu Nasui, a former Romanian economy minister and current member of parliament in the pro-European Save Romania Union party, about the…

Radio France Internationale

A shackled economy, no long-term vision for growth — and no help for London

Once again the capital did not get a single mention in the Chancellor’s speech

Evening Standard

Scientists warn of severe climate-related risks to UK economy and security

Experts lay out scale of changes needed in ‘first-of-its-kind national emergency briefing’ in Westminster

The Guardian - UK

Will the budget save Rachel Reeves and Keir Starmer? Experts give their views

Rachel Reeves’s budget was seen as a “make or break” moment for the chancellor and the government, which is suffering from low approval ratings and rapidly fading public confidence. At the same time, threats of a leadership challenge and the impending May elections mean Keir Starmer has a tricky path…

The Conversation

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Dinks Finance

6 Money Mistakes to Avoid During Market Volatility

When the economy gets shaky and headlines start warning about drops, crashes, or corrections, it is easy to make impulsive financial decisions. But market volatility does not have to derail your long-term plans. In fact, how you respond during unpredictable economic cycles often matters more than the volatility itself. Couples…

Fortune

K-shaped economy and 'collective holding of breath' about the AI bubble both appear in Fed’s temperature check

The latest "Beige Book" describes a widening gap between America’s social classes, with “early signs of strain on middle-income consumers.”

The Independent UK

US banking giant to build new Canary Wharf headquarters

Chancellor Rachel Reeves avoided imposing new taxes on the banking sector in her Budget

Evening Standard

US banks announce UK expansion in ‘commitment’ to economy post-Budget

JP Morgan Chase has unveiled plans to build a new tower in London’s Canary Wharf.

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International Business Times

Subscription Burnout Hits Streaming Services 2025: Why Cancellations Are Rising

Explore subscription burnout and streaming services 2025 trends. Understand why users cancel more subscriptions and how these shifts impact the evolving subscription economy.

The Guardian - UK

Keir Starmer says Labour ‘kept to our manifesto’ over budget tax rises

PM seeks to rebuff claims government broke its promises while conceding budget ‘asked everybody to contribute’

Benzinga

Fed Governor Stephen Miran Reportedly Says He Won't 'Inflict Real Harm' On The Economy Just To Prove A Point — Pushes For A Rate Cut

Federal Reserve Governor Stephen Miran signaled his willingness to support the Fed’s decisions if it pursues another interest rate cut, instead of issuing another symbolic dissent as he has in the past.

International Business Times UK

Elon Musk's South African Roots Contradict His 'Hard Truth' on Immigration Amid Trump Talent Push

Billionaire Elon Musk's endorsement of a controversial 'hard truth' on immigration clashes with his South African roots and the US economy's need for skilled foreign talent.

The Guardian - UK

Reeves’s tax-raising budget is crash-landing on an economy that is struggling for growth

Bond vigilantes may be reassured but the jury is out for households and businesses

Benzinga

A 'Magnificent' Rally Raises Both Intrigue And Questions For Direxion's QQQU, QQQD ETFs

On the surface, the headlines largely speak for themselves. In late October, the total market capitalization of the Magnificent Seven — a group of elite tech juggernauts — jumped past the $22.2 trillion level. Leading the surge was semiconductor giant Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark…

GOBankingRates

I Asked ChatGPT What Would Happen to the Economy If Holiday Spending Dropped by 50%

Nobody predicts that holiday spending will drop 50% -- or even anywhere close to that. But what would happen if the economy did experience such a decline?

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