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The Latest Breaking News from Economy

Zimbabwe’s lithium is in demand for making batteries: how to make sure benefits flow to the local economy

Zimbabwe has the largest lithium reserves on the African continent. Lithium has been mined since the colonial period in the 1950s. It’s a critical part of rechargeable lithium-ion batteries that are essential for the electric vehicle industry. Globally, the lithium-ion battery market is worth US$78.9 billion and is likely to…

The Conversation

I drove the 2025 Kia Carnival Hybrid for a week — here’s my pros and cons

The 2025 Kia Carnival Hybrid SX Prestige looks more SUV than minivan, but after driving it for a week, it proves that it has the range of smaller, more efficient vehicles.

Tom’s Guide

10 Small Towns Where Poverty Rates Are Quietly Surging

The picturesque image of small-town America—charming main streets, close-knit communities, and affordable living—is being challenged by a quiet but alarming trend: rising poverty. While big...

Saving Advice

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Mexico Says It's Already Working To Avoid 30% Tariffs Announced By Trump: 'We Said It Was Unfair'

The Mexican government reacted on Saturday to Donald Trump's announcement about imposing 30% tariffs on the country as of August 1, saying it had already set up conversations with U.S. counterparts to address the issue

Latin Times

Norland's 'big summer update' is even larger than March's 'damn big update', introducing a politics system, a new economy and more authentically medieval buildings to the Crusader Kings-inspired colony sim

Developer Long Jaunt plans to focus on roadmap features going forward.

PC Gamer

We Asked ChatGPT What Would Happen If Everyone in America Got a $10,000 Stimulus Tomorrow — Here’s What it Said

What would a $10K stimulus for every American do to the economy? We asked ChatGPT—and its answer might surprise you.

GOBankingRates

I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Because crypto can be a bit complicated for some, I asked ChatGPT to explain the answers as if I were a 12-year-old. This is how it responded.

GOBankingRates

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Silver Economy, Golden Opportunity: How Dr. B Dental Solutions Is Riding the Demographic Wave to Denture Care Dominance

As the senior population grows larger, healthier, more empowered, and lives longer, their expectations are changing, and their loyalty will go to the brands that meet them with dignity, sophistication, and genuine value.

International Business Times

Rachel Reeves’s growth mission is struggling to get off the ground

THE INDEPENDENT VIEW: Editorial: The chancellor is said to be ‘disappointed’ after the UK economy unexpectedly shrank for the second month in a row in May, as well she might be

The Independent UK

FTSE 100 closes winning week on the back foot

Figures showed the UK economy shrank again in May, confounding expectations for a modest rise.

The Independent UK

The Super Rich Have A New Favorite Alternative Investment–Hint, It's Not Cryptocurrency

The world's super-rich may be re-examining their investment strategy in response to rising economic uncertainty and geopolitical tensions. A new report from BlackRock (NYSE: BLK) indicates that they have developed an affinity for private credit offerings.

Benzinga

Enduring confusion is the only certainty amid Trump’s latest tariff threats

Experts suspect ‘front loading’ of activity may mask deeper impact of tariffs on the US economy

The Guardian - UK

Corporate Earnings Under the Microscope: How Tariffs Are Reshaping Profitability And Market Outlook

Investors and analysts are closely watching whether American companies can continue to absorb these rising input costs or if profit margins will face significant erosion that could ripple through the broader economy.

International Business Times

Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy

America has never been richer. But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Meanwhile, surging corporate profits have mostly benefited investors, not the broader public.

The Conversation

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Benzinga

US 500% Tariff On Russia Can Rattle Energy Stocks And Have 'Major Negative Implications' On Global Economy, Says Craig Shapiro

As the U.S. Senate considers the Sanctioning Russia Act of 2025, economist Craig Shapiro has raised alarms about its potential to disrupt American markets and the global economy.

The Independent UK

Voices: The economy has shrunk yet again – but it’s not all doom and gloom...

COMMENT : The hangover from Trump’s tariffs at the start of the year is proving tougher to shake than expected, writes James Moore – but there is a slight silver lining

Euronews

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

The National (Scotland)

UK economy shrinks for second month in a row delivering fresh blow to Rachel Reeves

THE UK economy contracted unexpectedly in May as the manufacturing sector suffered another steep decline in activity, according to official figures…

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news in one place.

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The Independent UK

UK economy shrinks unexpectedly in May despite Trump pausing tariffs

IN FULL

Evening Standard

Blow to Chancellor as UK economy shrank unexpectedly in May

The Office for National Statistics said gross domestic product contracted by 0.1% in May, following a 0.3% drop in April.

Evening Standard

'Ticking tax timebomb' warning as UK economy shrinks 0.1% in May in fresh blow to Rachel Reeves

The City had expected a 0.1% rise in GDP

The Independent UK

Reeves ‘disappointed’ after UK economy unexpectedly shrinks for second month in a row

It followed a 0.3 per cent contraction in April, when US president Donald Trump announced tariffs

Evening Standard

FTSE 100 Live 11 July: BP higher but index stalls, GDP figures disappoint

A surprise contraction in UK GDP today provided a downbeat note at the end of a record-breaking week for the FTSE 100 index.

The Guardian - UK

Rachel Reeves to try to reassure City investors after unexpected UK GDP fall

Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performance

The Guardian - UK

Rachel Reeves says May’s fall in GDP is ‘disappointing’; Trump tariffs knock markets – as it happened

UK GDP falls by 0.1% in May, following 0.3% fall in April.

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