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The Latest Breaking News from Economy

75% of Americans report soaring prices as Trump claims inflation ‘over’

Exclusive poll: Inflation remains a concern despite president’s pledge to reduce prices on ‘day one’

The Guardian - US

Europe's defence wake-up call: why innovation can't wait

The continent faces a critical choice: continue relying on legacy defence contractors or rapidly embrace the technological revolution reshaping warfare.

Fortune

The Economy on a Knife's Edge

GDP is growing, but employers have all but stopped hiring as they watch how the trade war plays out.

Kiplinger

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Gen Z's misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study finds

"We've seen, really, a rising tide of unhappiness, loneliness, isolation, anxiety, stress, and worry," Stephanie Marken of Gallup told Fortune.

Fortune

The End of 2%? An Investment Adviser's Case for Why the Fed Should Raise Its Inflation Target

Yes, inflation can be tough on those living on fixed incomes, but protecting us from it too strictly could do our overall economy more harm than good.

Kiplinger

IMF's Gita Gopinath Warns: Record Global Exposure To US Equities Could Make Next Crash Far Worse Than Dot-Com Bust

The International Monetary Fund’s First Deputy Manager, Gita Gopinath, is raising concerns regarding the growing global exposure to U.S. equities, making a market correction at this stage very detrimental to the global economy.

Benzinga

UK economy returns to growth in August

IN FULL

The Independent UK

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Chancellor facing further Budget challenges after muted economic growth

The ONS said GDP rose by 0.1% in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

Evening Standard

UK economy sees weaker-than-expected growth in August after July contraction

The ONS said GDP rose by 0.1% month-on-month in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

Evening Standard

FTSE 100 Live 16 October: Premier Inn owner Whitbread falters on results, UK economy struggles

The UK economy remains in the slow lane after figures today showed August GDP advanced by just 0.1%.

Evening Standard

UK stuck in slow lane ahead of Budget with 'meagre' 0.1% GDP growth in August

Latest GDP figures just over come a month ahead of Autumn Budget

Evening Standard

UK economy expands as GDP rises by 0.1% in August ahead of crucial budget

Manufacturing and health sectors boost growth but ONS revises down figures for July

The Guardian - UK

IMF chief reveals worries about private credit market keep her awake at night – as it happened

International Monetary Fund managing director Kristalina Georgieva urges more attention to the non-bank financial institutions, as the world may have “a foot out in the cold”

The Guardian - UK

Scott Bessent Has It 'Backwards,' Says Peter Schiff: China's Economy Will 'Boom' As It Trades Less With The US

Economist Peter Schiff pushed back against Treasury Secretary Scott Bessent’s comments on U.S.-China trade, saying that Beijing's decision to reduce its reliance on American markets will strengthen, not weaken, its economy.

Benzinga

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news in one place.

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The Independent UK

Ukraine-Russia war latest: Zelensky in US for Trump meeting after President announces new Putin summit

Ukrainian president will hold talks in the Oval Office after Trump said he would meet Putin in Hungary

Evening Standard

Reeves suggests higher taxes on wealthy will be in Budget

The Chancellor said the economy is still suffering from the impacts of leaving the European Union, austerity policies and Liz Truss’s mini-budget.

International Business Times

Syria Won't Wait For Global Community To Reform Economy: Finance Minister

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday.

Benzinga

Can XRP Hit $1,000? That Would Make It Bigger Than The US Economy

Could XRP (CRYPTO: XRP) ever hit $1,000 — a level that would make its market cap larger than the U.S. economy itself?

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

EU Economy Chief Urges G7 To Join Plan Tapping Russia Assets For Ukraine

The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington.

International Business Times

US Says Working On New $20 Bn 'Facility' For Argentina

US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy.

Evening Standard

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

The Guardian - AU

The IMF reckons the global economy remains ‘in flux’, but the Trump effect is real – and Australians aren’t fooled

Even as the government and investors try to treat the Trump situation as ‘normal’, the US has never been less attractive to Australian holidaymakers

The Independent UK

You could soon get charged for reclining your seat on your flight with this airline

Canadian airline WestJet announced the change as part of a major cabin refresh

Benzinga

RexShares' REX-Osprey ETFs Help Bridge The Opportunity Gap For Prospective Crypto Investors

Without hesitation, one of the strongest performances in the global capital markets stems from the broader cryptocurrency space. At its recent peak, the sector saw its total market capitalization rise to $4.28 trillion. For context, that would make the blockchain economy the fourth largest in the world, trailing Germany at…

Benzinga

Trump's Tariffs 'Papered Over By AI' Are Quietly Hurting Economy: 'We've Only Seen Half Of...'

A massive wave of investment in artificial intelligence (AI) is masking significant economic damage caused by Donald Trump‘s tariffs, creating a deceptive picture of the U.S. economy's health, according to investor Steve Eisman and CNBC Senior Economics Reporter Steve Liesman.

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