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The Latest Breaking News from Oxford Economics

‘Save what we can’: Economic uncertainty, Trump rhetoric hits US travel

US travel industry has been hit by domestic consumers cutting back and foreigners snubbing country over Trump rhetoric.

Al Jazeera

US Retail Sales Little Changed, Signs Of Pullback After Pre-tariff Rush

Retail sales in the United States were near-flat in April, government data showed Thursday, with indications that spending is slowing after consumers rushed to beat higher prices from President Donald Trump's sweeping tariffs.

International Business Times

Damn the torpedoes! Stocks go full speed ahead despite declining U.S. shipping and manufacturing data

Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.

Fortune

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A simple starter home now costs $1 million in half the states in the U.S., report reveals

The spring home-buying season is suppressed due to lower consumer confidence and affordability issues.

Fortune

Xi’s jaunt through Southeast Asia serves as ‘a reassurance and a warning’ to trading partners as the region gets pulled between the U.S. and China

On Monday, after Xi’s visit, Beijing warned countries against signing trade deals with the U.S. “at the expense of China’s interest.”

Fortune

Companies are making a costly $100 million mistake

FIS and Oxford Economics quantify the impact of disruptions and inefficiencies across the money lifecycle.

Fortune

Trump's Global Tariff Takes Effect In Dramatic US Trade Shift

US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy.

International Business Times

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Analysts unanimously denounce Trump’s liberation day tariffs: ‘Worse than the worst case’

Analysts at Wedbush Securities and Goldman Sachs as well as top economist Larry Summers predicted much economic pain ahead.

Fortune

Tiny landlocked country will be destroyed by Trump’s highest tariff, analyst warns

The kingdom is one of the world's poorest nations with a gross domestic product of just over $2 billion

The Independent UK

Clock Ticks On Trump's Reciprocal Tariffs As Countries Seek Reprieve

The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide range of tariffs against countries running persistent trade imbalances with the United States.

International Business Times

Lengthy trade wars could cut global investment by one-tenth, warn economists

Uncertainty around trade will have a major impact on global growth, reducing business investment in the EU and the UK by 2% this year, Oxford Economics finds.

Euronews

US Fed Likely To Keep Rates Steady As Trump Uncertainty Flares

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.

International Business Times

Economic benefits of Man Utd’s potential new stadium ‘unparalleled in scale’

The stadium and wider regeneration project have the potential to add an extra £7.3 billion each year to the UK economy, it is claimed.

Evening Standard

Trump’s tariffs present fresh headache for India’s slowing economy

India, one of the fastest growing economies in the world, is facing a slowdown in a sign of deeper problems.

Al Jazeera

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International Business Times

World Awaits Trump Tariff Deadline On Canada, Mexico And China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

Al Jazeera

For Trudeau’s successor, safeguarding Canada’s economy a ‘daunting’ task

Domestic pressures and US tariff threat pose major challenges for Justin Trudeau’s successor.

The Independent UK

Voices: Reeves is wrecking UK growth by alienating wealthy entrepreneurs who bring investment and jobs

COMMENT: Reeves and her boss Keir Starmer do not appear to understand the competition to attract the international rich – and the benefits they bring

Fortune

Trump is set to hike tariffs. Should Southeast Asia be worried?

Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round.

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news in one place.

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Al Jazeera

As Trump’s tariff threat looms, what would a US-Canada ‘trade war’ mean?

Experts say 25-percent US tariffs along with retaliatory measures by Canada would hurt economies of both countries.

Bored Panda

Woman Has No Financial Problems Unlike Her Brother, Is Upset Parents Are Helping Him

Owning real estate is a goal for many of us. Some people feel less than optimistic about ever being able to afford their dream home. Their parents sometimes lend a hand. The post Woman Has No Financial Problems Unlike Her Brother, Is Upset Parents Are Helping Him first appeared on…

International Business Times

Asia, The World's Economic Engine, Prepares For Trump Shock

Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.

The Independent UK

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

Al Jazeera

Tariffs, immigrants and fiscal policy: Trump’s second term as US president

Analysts expect Republican to act on threats of imposing tariffs and blocking immigrants soon in his second term.

International Business Times

Tariffs, Tax Cuts, Energy: What Is In Trump's Economic Plan?

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

International Business Times

US Consumer Inflation Eases To 2.4% In September

US consumer inflation cooled slightly less than expected last month, according to government data published Thursday, providing further evidence that price pressures are easing ahead of November's presidential election.

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