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The Latest Breaking News from Economy

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

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.

Barchart

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

The Guardian - UK

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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.

Euronews

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.

Benzinga

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.

Al Jazeera

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

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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...

Barchart

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...

Saving Advice

Blue chips falter as FTSE outshone by European peers

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

Evening Standard

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...

Barchart

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…

The Free Financial Advisor

Stocks Supported by Signs the US Economy is Holding Up

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.03%. September E-mini S&P futures (ESU25 ) are up +0.02%, and September...

Barchart

Boost for Trump as US growth revised higher in Q2

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

Euronews

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GOBankingRates

How Much Richer Is Trump Than the Entire Population of Texas?

While a majority of Texans seem to find their political beliefs in alignment with Trump's, are he and Texas' economy equals?

Benzinga

US Economy Roars Back With 3.3% Growth, Shrugging Off Trump Tariffs

The U.S. economy returned to form in the second quarter, growing at a 3.3% annualized pace —a sharp turnaround from the sluggish first quarter, which saw a 0.5% contraction as businesses scrambled to navigate the return of tariffs under President Donald Trump.

The Independent UK

US applications for jobless benefits fell last week as layoffs remain low

Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed

The Independent UK

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

The U.S. economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump’s trade wars

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Benzinga

Silver Boom Drives Investor Intrigue Toward Sprott Silver Miners & Physical Silver ETF

Amid rising uncertainties for the global economy — as well as lingering geopolitical tensions and flashpoints — it's no surprise that gold has witnessed a record-breaking spike in market value. Still, those interested in precious metals may consider a similarly in-demand asset: silver. Billed as both a store of value…

The Independent UK

Nigeria bans exports of raw shea nuts used for cosmetic products to help grow local economy

The Nigerian government has announced a six-month ban on the export of raw shea nuts, an essential raw material for making cosmetic products

Evening Standard

West End businesses hit by record losses from 'tourist tax' fallout

Restoring VAT free shopping for foreign tourists could deliver a £3.7 billion boost to the UK economy

International Business Times

Swiss Economy Set To Slow Due To US Tariffs

The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs imposed by US President Donald Trump, the economy ministry said Thursday.

The Independent UK

Lidl’s £435 million ‘vote of confidence’ in UK economy

IN FULL

International Business Times UK

Why Are Companies Pulling Out Of Austin Airports? Delta Airlines Cancelling Flights Is Latest To Abandon US City

Delta ends Austin-Midland route in Nov 2025, joining American in slashing flights as demand dips, impacting travelers and Austin's economy.

GOBankingRates

I Asked ChatGPT To Debunk One Common Myth About Trump’s Economy: Here’s What It Said

ChatGPT elaborates on the Trump tax cut myth, revealing they don’t pay for themselves and could add $2.8T to the deficit, per multiple data sources.

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