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The Latest Breaking News from Economy

Which airlines have upper deck economy class on the Airbus A380?

Plane Talk: These cheap seats offer extra space, quicker service and a higher chance of an aisle or window seat and a more intimate cabin

The Independent UK

Starmer only read China spy witness statements this morning, No 10 says, as Cleverly accuses PM of misquoting him – as it happened

PM says he intends to publish statements in full and blames previous government for failure of the case

The Guardian - UK

For Mary Portas, queen of shops, small is beautiful on the high street

The retail champion is looking for a big turnout at her pop-up markets this October to support brilliant small businesses that are the backbone of the UK economy, selling everything from pre-loved fashion to jewellery

The Guardian - UK

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read the most diverse news in one place.

Is this the quirkiest plane cabin? What it’s really like to fly business class on a British Airways A380

The Independent’s US Travel Editor flies business class on a BA A380 from London Heathrow to Miami. On paper, it’s a classic flight. But Ted Thornhill discovers it’s a journey with a twist

The Independent UK

Saudi Arabia boosts global charm offensive with 2025 Cultural Investment Conference

Saudi Arabia has further signalled its determination to diversify its assets by hosting a global conference to discuss investing in culture, its role in economic and social development and strengthening national identity.

Euronews

Europe wants to bring industry to space. What is the ‘Moon economy?’

Some of the world’s space agencies are getting ready for commercial activity on the Moon.

Euronews

Reeves admits she’s looking at tax rises and spending cuts in Budget

The chancellor blamed Brexit for the move, saying it has had a ‘severe’ impact on the public finances

The Independent UK

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UK government borrowing costs fall as Reeves hints at tax rises – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Reeves eyes tax hikes as economy suffers ‘severe and long-lasting’ Brexit impact

Rachel Reeves said ‘austerity, Brexit, and the ongoing impact of Liz Truss’s mini-budget’ had weighed heavily on the UK economy.

Evening Standard

China Consumer Spending Falls As Pressure On Economy Builds

China's consumer prices continued to fall last month, with official data highlighting the battle leaders face in trying to kickstart domestic spending in the world's number two economy while fighting a trade war with the United States.

International Business Times

Asian shares swing higher after a wobbly day on Wall Street

Shares have swung higher in Asia as hopes for a U.S. interest rate cut helped to offset worries over simmering trade tensions between Washington and Beijing

The Independent UK

Trade Jitters Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.69%. December E-mini S&P futures (ESZ25 ) fell -0.20%, and December E-mini Nasdaq futures...

Barchart

Rocket Lab Ignites Space ETF Rally As Investors Seek The Next SpaceX

Rocket Lab Corp (NASDAQ:RKLB) has rekindled investor attention on the space economy following a solid endorsement from Morgan Stanley, which upped its price target on the stock to $68 from $20, a 240% increase, and compared the company to an “earlier-stage alternative to SpaceX.”

Benzinga

Dollar Declines on Dovish Powell

The dollar index (DXY00 ) on Tuesday fell by -0.24%. The dollar gave up its overnight advance and turned lower after ECB President Lagarde’s upbeat comments pushed the euro higher and weighed on the dollar. The ongoing shutdown of the US government is bearish for the dollar. The longer the...

Barchart

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InsideEVs

GM Is Selling More EVs Than Ever. Here's Why It's Out $1.6 Billion

Here's why General Motors announced a $1.6 billion adjustment, even after selling a record number of electric vehicles in Q3 2025.

The Guardian - UK

The Guardian view on the IMF’s warning: Britain’s economy runs hot for profits, cold for pay

Editorial: Labour is misreading the economics – leaving it unable to deal with the G7’s worst inflation and flat living standard

Fortune

Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’

A growing reliance on wealthy shoppers is a long-term threat to the economy, the CEO says.

International Business Times

US Fed Chair Flags Concern About Sharp Slowdown In Job Creation

US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world's leading economy.

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The Independent UK

The government cannot afford to limp on without an economic strategy

THE INDEPENDENT VIEW: Editorial: As the IMF downgrades its UK growth projection for next year, it also predicts we will have the highest inflation of any G7 country. Ahead of a Budget that will doubtless raise taxes, it is time the prime minister made the case for what his administration…

Axios

The global economy is still on a path to slower growth, IMF says

The IMF projects the global economy will grow by 3.2% this year and 3.1% in 2026.

The Independent UK

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy

International Business Times

US Treasury Chief Accuses China Of Wanting To Hurt World Economy

US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths.

Barchart

Why Plunging Oil Prices Could Be the ‘Canary in the Coal Mine’ for a Recession

Senior Market Strategist John Rowland discusses leading indicators to watch for the economy as markets undergo a period of volatility.

Barchart

Stocks Turn Mixed as Walmart-OpenAI Deal Pushes Dow Higher

The S&P 500 Index ($SPX ) (SPY ) today is up 0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up 0.54%, and the Nasdaq-100 Index ($IUXX ) (QQQ ) is down -0.25%. December E-mini S&P futures (ESZ25 ) are up 0.06%, and December E-mini Nasdaq futures (NQZ25...

Barchart

Dollar Sips as Euro Recovers on Lagarde Comments

The dollar index (DXY00 ) today is down by -0.02%. The dollar gave up an overnight advance and turned lower after upbeat comments from ECB President Lagarde pushed the euro higher and weighed on the dollar. The ongoing shutdown of the US government is bearish for the dollar. The longer...

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