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The Latest Breaking News from Economy

I drove the BMW M5 for a week — and it’s the reason why gas guzzling sport sedans have new life

The 2025 BMW M5 Sedan is a souped up sports sedan that's supplemented by an all-electric range of 25 miles. It proves how we need more PHEVs like it.

Tom’s Guide

I Asked ChatGPT What More Fed Rate Cuts Mean for the Economy — Here’s What It Said

The Fed cut interest rates for the first time in 2025. ChatGPT explains how lower rates may impact inflation, housing, jobs and the stock market.

GOBankingRates

Trump's White House Bathroom Renovation Sparks Fury, Economist Slams 'Clearly Wrong' Inflation Data And More: This Week In Economy

As the week comes to a close, here’s a quick recap of the top stories that dominated the headlines, from the world of politics to the economy and the stock market.

Benzinga

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Australia must put politics aside and pass nature laws that benefit the economy and the environment. We owe it to our kids

There’s no such thing as a perfect legislative solution. It’s about finding one that’s workable – for the community, for the economy and for nature

The Guardian - AU

Monthlong government shutdown in photos: disruptions, delays and divisions

With no endgame in sight, the government shutdown is expected to roll on for the unforeseeable future, injecting more uncertainty into an already precarious economy.

The Independent UK

Jobs Down 33%, Stocks Up 75% — Expert Blames Fed Policy, Not AI As 'Scariest Chart In The World' Sparks Internet Debate

A viral chart showing the SP 500 soaring while job openings plunge has fueled fears that artificial intelligence is splitting the American economy in two. Since ChatGPT's debut in November 2022, the SP 500 has surged more than 70%, while job openings have fallen about 30%. Journalist Derek Thompson, writing…

Benzinga

United and American Airlines beg Congress to end shutdown ahead of busy holiday season as air traffic controllers work overtime without pay

“It's putting stress on people. It's not fair to those people. It's also putting stress on the economy,” United Airlines CEO Scott Kirby said.

Fortune

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9 Surprising Perks of Being a DINK Couple in an Inflation-Heavy Economy

As prices climb on everything from groceries to housing, many Americans are feeling squeezed. But for those living as a DINK couple—dual income, no kids—the financial landscape looks a little different. While inflation can create stress for most households, DINK couples often have unique advantages that help them not only…

Dinks Finance

Quiet Wealth Shift: How Big Tech’s New Policy Lets DINKs Build Passive Income Smarter

Something significant is happening behind the scenes of the digital economy, and most people aren’t aware of it. A quiet wealth shift is underway, driven by new Big Tech policies that are quietly changing how ordinary investors, especially DINKs (Dual-Income, No-Kids couples), can earn passive income. Between updated platform rules,…

Dinks Finance

3 Ways Your Holiday Shopping Needs To Change in the Trump Economy

Rising prices and tariffs might be reshaping holiday shopping this year. Discover smart ways to save, spend wisely and rethink gift-giving this season.

GOBankingRates

Egypt unveils the world's largest museum dedicated to a single civilization

Egypt on Saturday is inaugurating the Grand Egyptian Museum, aiming to boost tourism and revitalize the economy

The Independent UK

German companies pay Russia €1.72 billion in taxes, raising concerns of funding its war in Ukraine

German companies have paid nearly $2 billion (€1.72bn) in taxes to Russia since the Ukraine invasion, funding the war effort. Critics urge immediate withdrawal.

Euronews

Do mega-sporting events like the World Series pay off? Here’s the economic reality behind them

Whether it’s the World Series, the FIFA World Cup or the Olympic Games, the hope for hosting mega sporting events is that the economy will emerge as the true winner.

The Conversation

Options Corner: A Mixed Earnings Report For MGM Resorts Is Hiding An Informational Arbitrage Opportunity

MGM Resorts International (NYSE:MGM) may be one of the more conspicuous real-time indicators of the economy's bifurcated nature. While many investors are praising the stunning rise of the equities market overall — thanks mostly to artificial intelligence and similar innovations — consumers on the ground are clearly facing steep challenges.…

Benzinga

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Euronews

Kazakhstan closes 130 crypto platforms in shadow economy crackdown

Authorities in Kazakhstan seized digital assets worth €14.4 million and uncovered 81 illegal cash-out networks amid growing efforts to curb financial crime.

The Conversation

Trump-Xi meeting: the key takeaways

This newsletter was first published in The Conversation UK’s World Affairs Briefing email. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

Fortune

The government shutdown won't be completely recouped—and it could cost the economy up to $14 billion, estimates say

The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.

Barchart

Nasdaq Futures Soar as Amazon and Apple Results Boost Sentiment

December Nasdaq 100 E-Mini futures (NQZ25) are trending up +1.15% this morning as strong quarterly results and guidance from Amazon and Apple boosted sentiment.

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news in one place.

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Fortune

Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy

The relationship between job openings and stock market performance has been called “the scariest chart in the world.”

The Independent UK

Trump warned Ukraine war is creating ‘significant risks’ for US economy in new report urging end to conflict

Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United States if peace can be achieved

The Guardian - UK

Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade

Benzinga

BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

Editor's Note: This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan

International Business Times

Australia Tables Historic Environmental Reform Legislation Promising Economic Boost and Conservation Balance

Australia's government introduces comprehensive environmental reform legislation promising A$6.9 billion annual economic benefits through faster project approvals while establishing a new National Environmental Protection Agency. The landmark bill faces political challenges requiring crossbench support.

Thousandaire

10 Ways People Are Getting Rich Selling Fake Luxury Handbags

The line between luxury goods and fakes has become increasingly blurred. In recent years, the counterfeit market has exploded. Buyers especially need to be aware of the booming industry, as it has become much harder to spot a fake. In many ways, the counterfeit market is no longer hiding on…

Fortune

Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

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