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The Latest Breaking News from Economy

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September

The Independent UK

Stocks mixed despite GDP surprise amid hot US producer price inflation

The FTSE 100 index closed up 12.01 points at 9,177.24.

Evening Standard

Is Wellbeing Economics the only way to generate economic growth?

I WANT to dispel a huge myth about the Wellbeing Economic Approach and that is that it involves de-growth ...

The National (Scotland)

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Dollar Sees Support from Strong US PPI Report

The dollar index (DXY00 ) is up +0.26% as the strong US PPI report sparked a pull-back in expectations for Fed rate cuts in the coming months. In addition, San Francisco Fed President Mary Daly and St Louis Fed President Alberto Musalem today both threw cold water on the idea...

Barchart

Abdulrazak Gurnah: searching for signs of Zanzibar’s most famous writer, all I found was trinkets and tourists

Zanzibar has long been an island of arrivals for traders, sailors, slaves and, more recently, waves of tourists. I arrived as a wedding guest and a reader of the Zanzibar born novelist Abdulrazak Gurnah, in search of the literary and emotional landscapes that shape his fiction. For a week, I…

The Conversation

The UK economy grows despite tariff pressures, outpacing G7 peers

While not comparable to the growth at the beginning of the year, July's numbers are bigger than predicted and signal a greater resilience than other top G7 economies.

Euronews

Voices: So the economy isn’t shrinking… but when will we feel any benefit, chancellor?

COMMENT: A 0.3 per cent rise in GDP is an unexpected filip for Rachel Reeves at the end of her first year in charge of the British economy, which is now the strongest in the G7 – but it could be bad news for those hoping to get a new…

The Independent UK

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US applications for jobless benefits fell last week and remain in historically healthy range

The number of Americans filing for jobless benefits fell modestly last week, remaining in the historically low range since the U.S. economy emerged from the COVID-19 pandemic

The Independent UK

Bridgewater Retreats From China, Shifts Billions Into US Mega-Cap Tech

Bridgewater Associates exited its holdings in U.S.-listed Chinese companies in the second quarter, signaling a decisive retreat as geopolitical tensions and shifting sentiment darkened the outlook for the world’s second-largest economy.

Benzinga

UK Economy Slows Less Than Feared After Tariffs

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

International Business Times

The swagger’s gone: What the last two decades taught me about India’s fading growth dream

Because something is happening here but you don't know what it is Do you, Mr. Jones?– Bob Dylan, Ballad of a Thin Man, Highway 61 Revisited, 1965. I was offered my first job in Mumbai on a very rainy day in September 2005, a few weeks after we had celebrated the…

Newslaundry

Reeves says rulings on tax must wait for Budget amid inheritance tax speculation

The Chancellor said that her priority was getting ‘our economy firing off all cylinders’.

Evening Standard

Business news live: UK economy growth slows as leaders demand ‘no more business taxes in Autumn budget’

Stock market news and latest business and finance updates from Wednesday

The Independent UK

Labour dealt another blow as UK economic growth slows in second quarter of 2025

GROWTH in the UK economy slowed in the second quarter of this year amid pressure from tariff uncertainty and tax increases, new official figures…

The National (Scotland)

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The Guardian - UK

UK economy grew despite Trump tariffs causing three-year low in US goods exports – business live

Live, rolling coverage as surprise GDP acceleration in June helps quarterly output beat expectations, while eurozone industrial production slumps

The Independent UK

UK economic growth slows amid pressure on business and Trump trade war

The figure was stronger than the 0.1 per cent level widely expected by economists

The Guardian - UK

UK economy posts surprise 0.3% growth in three months to June

GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June

Evening Standard

UK economic growth slows to 0.3% in second quarter of 2025

Chancellor Rachel Reeves said the figures ‘show that the economy beat expectations’

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news in one place.

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Evening Standard

FTSE 100 Live 14 August: Insurers Aviva and Admiral rally after results, GDP growth beats hopes

A surge for Admiral and Aviva was today offset by falls for ex-dividend stocks HSBC and BP as the FTSE 100 index failed to benefit from the UK’s GDP surprise.

Evening Standard

Reeves pledges to tackle productivity challenge at autumn budget

Labour’s second year in power will be focused on ‘building a stronger economy for a renewed Britain’, the Chancellor said.

The Texas Tribune

Texas economy, job growth slowing amid trade war and immigration crackdown, Dallas fed report says

Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.

The Conversation

From childcare to aged care, here’s how to deliver safer, more affordable care for all Australians

Too often in discussions about productivity, the care economy only gets mentioned as the problem child putting a drag on growth. This week, the Productivity Commission is seeking to change that narrative with the release of its fifth and final report ahead of the government’s economic reform roundtable next week.

Fortune

The gap between higher- and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.”

The Guardian - UK

Boosting productivity will be main priority of autumn budget, Reeves says

Exclusive: Chancellor focuses on investment and planning rules as she dismisses talk of tax rises as ‘speculation’

The Guardian - UK

In our first year Labour fixed the foundations – now we must build a stronger economy for a renewed Britain

Labour is reversing a decade of stagnation and we’re making progress on wages, jobs and trade. But there is more to do, says Rachel Reeves, chancellor of the exchequer

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