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The Latest Breaking News from Economy

Dismal August Jobs Report Offers Rate-Cut Relief: What the Experts Are Saying

The August jobs report came in much lower than expected, lifting the odds that several rate cuts will come through by year's end.

Kiplinger

Multimillion-dollar restaurant CEO splurged on Range Rovers and McLarens—but now he's 'mindful' about spending because the economy is so unpredictable

Millennial founder and CEO of Big Dave’s Cheesesteaks, Derrick Hayes, splurged on Bentleys, a Range Rover, and McLaren after achieving multimillion-dollar success. But he says he’s spending more wisely as the economy is too uncertain.

Fortune

Dow Falls Over 100 Points; US Economy Adds 22,000 Jobs

U.S. stocks traded mostly lower this morning, with the Dow Jones falling more than 100 points on Friday.

Benzinga

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America’s job growth has flatlined—and Mark Zandi believes June may have been the start of a recession

June’s job loss was the first since the pandemic, a flashing-red signal that the economy’s growth momentum has stopped.

Fortune

10 Borrowing Habits That Fuel Organized Crime Networks

Money doesn’t just talk—it sometimes whispers secrets, bends rules, and builds empires. Behind the glossy façade of banks, credit cards, and loans, there’s a shadow economy feeding crime lords and syndicates. Borrowing might seem mundane to the average person, but in the wrong hands, it’s the oxygen that organized crime…

Everybody Loves Your Money

Tube strike is ON - but TfL says there is still time to avert chaos and pleads with RMT to back down

Union lead negotiator says demand for pay rise and shorter working week for Tube staff is 'not unreasonable'

Evening Standard

Lowkick Studio Launches $SHARDS Token on Top Tier Exchanges for WorldShards MMORPG

Abu Dhabi, UAE, September 5th, 2025, Chainwire

International Business Times

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How Billionaire Wealth Like Elon Musk’s Impacts the American Economy — and Your Wallet

America’s richest 1% hold 27% of wealth. Learn how their money, power and influence can have an impact on your finances and the future of the economy.

GOBankingRates

S&P Futures Tick Higher With All Eyes on Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU25) are trending up +0.18% this morning as optimism grows that the U.S. payrolls report will pave the way for the Federal Reserve to resume cutting interest rates later this month.

Barchart

Trump stares down dangerous economic doom loop

Trump is in danger of getting trapped in the same dynamic that doomed Biden.

Axios

Farage warns Labour chaos will force Starmer into 2027 general election

The Reform UK leader claimed waning confidence in the economy and the rise of Jeremy Corbyn’s left-wing Your Party will force Labour into an early election

The Independent UK

Trump 2.0 Economy 'Hanging On By A String,' Says Spencer Hakimian — If You Have A Job, 'Hold Onto It For Dear Life'

Investor and hedge fund manager Spencer Hakimian is sounding the alarm on the state of the U.S. economy under President Donald Trump’s second term in office.

Benzinga

We can’t fix what we don’t track. That’s why Australia needs an official poverty measure

Following last month’s economic reform roundtable, Treasurer Jim Chalmers said all attendees agreed “higher living standards is the holy grail, and a more productive economy is how we deliver it”.

The Conversation

Canada’s Mark Carney signals austerity measures as government shifts focus from Trump to economy

Prime minister cautions Canadians as Ottawa moves to curb spending to balance near-record military expenditures

The Guardian - US

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The Guardian - UK

Macron says 26 nations ready to provide postwar military backing to Ukraine

French president says allies would either deploy ‘reassurance force’ troops to Ukraine, or be present in the area on land, sea or in the air

Fortune

AI is eating the first rung of the career ladder. What happens when new grads can’t get a foothold?

If companies and governments don’t step up, a generation of workers may be left without a clear on-ramp to the future economy

The Independent UK

Applications for U.S. jobless benefits rise last week but remain in healthy range of past few years

The number of Americans seeking jobless benefits rose modestly last week, a sign that employers are still retaining workers even as the economy has showed signs of slowing

Benzinga

Federal Reserve To Follow 'Slower Rate Cutting Cycle' Despite Trump's Pressure As Beige Book Dampens Sentiment: Don't Expect 50 Bps Cut Hints Shapiro

The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”.

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Euronews

Russian economy is stagnating amid Ukraine war, says Sberbank CEO

German Gref said the country's central bank should lower interest rates to avoid a recession.

Fortune

Ray Dalio says 'most people are silent' because they're afraid to talk about what's really happening with the U.S. economy

Bridgewater’s billionaire founder sees dangerous 1930s parallels as government intervention increases and debt reaches World War II levels.

The Guardian - US

Why Trump’s firing of the US jobs chief has economists worried

Economists warn credibility of Bureau of Labor Statistics at risk after Trump ousts commissioner over job numbers

Euronews

Political instability in France: How does it impact the economy and investments?

Economic risks are emerging in France while political instability looms, as the third government is in danger of falling in little over a year. Further attempts to tackle the country’s enormous debt could be choked until after the next presidential election in 2027.

The Guardian - AU

Australia scores a B- on its latest economic report card. It’s an improvement, but there’s still a long way to go

Spending by state and federal governments warded off a recession last year but they are now cutting back, and more business investment is needed

Fortune

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

The Conversation

New report reveals glaring gaps between Australia’s future needs and science capabilities

Since 1945, three-quarters of all global economic growth has been driven by technological advances. Since 1990, 90% of that advance has been rooted in fundamental science, according to Michael M. Crow, president of Arizona State University.

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