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The Latest Breaking News from Economy

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Ray Dalio says America is developing a ‘dependency’ on its top 1% of workers, while the bottom 60% are struggling and unproductive

“I think the issue is very much that you can’t look at the U.S. as a whole nowadays,” the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

Fortune

Scott Bessent Warns Military Pay At Risk By Mid November Amid Shutdown: 'What An Embarrassment'

Treasury Secretary Scott Bessent accused Democratic leaders of causing the ongoing government shutdown and condemned the Democratic-led boycott for harming both the economy and military personnel.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

What Is Japan's New Yen-Pegged Stablecoin — And Why It Could Be The Future Of Money

Japan has launched the world's first yen-pegged stablecoin, marking a major step toward digital money backed by government bonds. Here's how this innovation could reshape Japan's economy and the global future of finance.

International Business Times UK

Reeves to lead trade mission to Saudi Arabia amid human rights concerns

Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economy

The Guardian - UK

I Asked ChatGPT What Will Happen To the Stock Market If the Fed Keeps Cutting Interest Rates: Here’s What It Said

nvestors can't stop watching the Federal Reserve this year as it continues slicing interest rates to stimulate the slowing economy.

GOBankingRates

Inside the $22 trillion world of private capital, an asset class so big it would be the world's second-largest economy

And a look inside the $1.5 trillion-$3 trillion private credit space that is emerging within it as the backbone of the great data-center buildout of 2025.

Fortune

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Reeves heads into Budget with public finances in challenging state – Streeting

Health Secretary Wes Streeting said the economy was not ‘out of the woods yet’ ahead of Rachel Reeves’ November 26 Budget.

Evening Standard

Kevin O'Leary Warns Young Entrepreneurs: 'If All You Do Is Sit And Worry And You Don't Start, You'll Never Get There'

Investor and Shark Tank star Kevin O'Leary is urging young entrepreneurs to ditch fear and embrace failure, saying real founders take risks even when the economy looks uncertain.

Benzinga

Ghana’s banks are not lending enough to sectors where it matters most, like agriculture and manufacturing

Bank lending is a major source of funding for businesses in Ghana. It helps pay for operational expenditure and investment in expansion of productive capacity. Therefore, it is important that there is substantial, affordable, and accessible financial credit for all businesses in the medium to long term. More than this,…

The Conversation

Do populists always crash the economy?

Argentina is counting the cost of its turn to Javier Milei. Politicians from Donald Trump to Giorgia Meloni and Nigel Farage will be closely watching what happens next

The Guardian - UK

Russia's 'disposable-goods' war economy is getting busier but poorer, and Trump's new sanctions could trigger a recession, analysts say

"But the country has exhausted its reserves of manufacturing capacity and manpower."

Fortune

Days After Pardon, CZ Says Crypto Will 'Make a Lot of Money for the Country'

Binance co-founder Changpeng Zhao believes that cryptocurrency will significantly contribute to the U.S. economy.

Benzinga

Will Future Generations See Parenthood as Optional Luxury?

For centuries, having children was considered both a natural milestone and a societal expectation. But as the cost of living rises, wages stagnate, and priorities evolve, younger generations are rethinking what family means—and whether parenthood is even feasible. More people are delaying or opting out of having kids altogether, not…

Dinks Finance

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The Free Financial Advisor

Generate Extra Monthly Cash Flow Starting With These Side Hustle Ideas

With inflation, rising rent, and unpredictable expenses, many people are looking for ways to create extra monthly cash flow. Whether you want to pay off debt, build an emergency fund, or simply have more spending freedom, a reliable side hustle can make a big difference. The beauty of today’s gig…

International Business Times UK

An Airline is Charging People to Recline Their Seats – and It's Sparked a Heated Debate

Canadian airline WestJet is now charging economy passengers for the ability to recline, sparking a debate on 'recline rage' and the rise of absurd airline fees. Is this a new low for passenger comfort?

Fortune

These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says

“This state-level picture mirrors the national trend: The U.S. economy is not in recession, but it is struggling to avoid one.”

The Free Financial Advisor

7 Income Streams You’d Laugh At—Until They Out-earned Your Salary

Most people assume that serious money only comes from serious jobs, but the modern economy is full of surprises. Some of the most profitable ventures started as hobbies, jokes, or side projects that no one took seriously. These unconventional income streams often grow quietly in the background until they begin…

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Fortune

Top economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’

Diane Swonk, chief economist at KPMG, sees a “creep instead of a surge” in inflation. Things are uneasy below the surface.

Fortune

The heiress of $10 billion Perdue farms and the $12 billion Sheraton hotel empire wore hand-me-downs, still rides the subway, and flies economy

“If you’re always going on private jets, what inkling do you have about the real world?”

International Business Times

Russia Cuts Key Interest Rate, Warns Of Tepid Growth

Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions.

Euronews

Putin says Russia will not cave under US sanctions, Trump replies ‘we will see’

Russia’s president downplayed the latest US sanctions as an “unfriendly act” which he claims would not have much impact on Russia’s economy or its stance on Moscow’s war in Ukraine. His comments were largely dismissed by Donald Trump, who said, “I am glad he feels this way”.

Barchart

U.S. Inflation Eases to 3% in September, Strengthening Case for Fed Rate Cut

December S&P 500 E-Mini futures (ESZ25) are trending up +0.59% this morning as investors analyze the release of key U.S. inflation data for clues on the health of the economy and the Federal Reserve’s rate path.

Euronews

China focuses on high-tech and consumers as trade wars hit economy

An outline of the ruling Communist Party's blueprint for the next five years was laid out in a 5,000-word communique released on Thursday.

The Independent UK

China's next 5-year plan puts focus on high-tech and consumers as trade friction drags on economy

China's top leaders have pledged to boost the country's self-reliance in advanced technologies and spur stronger domestic demand over the next five years

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