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The Latest Breaking News from Economy

The birth of the EU: Europe celebrates 75th anniversary of the Schuman declaration

9 May 2025 marked the 75th anniversary of the Schuman Declaration, the proposal by French Foreign Minister Robert Schuman (1886-1963) to pool the production of coal and steel – vital raw materials for Europe’s industry and economy – with Germany. This was done through the Economic Coal and Steel Community…

The Conversation

Americans putting life on hold amid economic anxiety under Trump, poll shows

Harris poll for Guardian finds people reconsidering major life events such as having children or buying a home

The Guardian - US

Stock Index Futures Rally as U.S. and China Agree on Temporary Tariff Cuts, Inflation Data and Powell’s Remarks Awaited

June S&P 500 E-Mini futures (ESM25) are up +2.78%, and June Nasdaq 100 E-Mini futures (NQM25) are up +3.82% this morning after China and the U.S. agreed to reduce tariffs for 90 days following weekend trade talks in Geneva aimed at easing tensions.

Barchart

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'Size does not matter': Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

Bhutan wants to be known for more than just spiritual tourism and Himalayan mountains.

Fortune

Puerto Rico seeks to lure manufacturing to boost its economy as Trump's tariff war deepens

A global trade war is offering Puerto Rico hope as the island attempts to strengthen its fragile economy

The Independent UK

Are these the best European countries to start a business in?

Euronews explores which countries in Europe are relatively easier to set up a new business in, given the current economic environment.

Euronews

Labor wants to boost productivity. Does this mean Australians need to work even harder?

Productivity is down and it’s hurting the economy and your salary. Here’s how treasurer Jim Chalmers plans to try and fix that

The Guardian - AU

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'London's nightlife shouldn't be an afterthought': MEATliqour founder raises concerns about Khan’s licencing powers

Khan has been granted new licensing powers as part of a government initiative to cut bureaucratic “red tape” hindering the night-time economy

Evening Standard

From Garmin to Whoop and Polar, the rise in fitness tech subscriptions is a sign that one day we'll own nothing

The subscription-based economy has always been a part of fitness, from gyms to personal data.

TechRadar

Fixing England’s water isn’t just the right thing to do – it can be the start of Labour’s fightback

There is an appetite in this country for policy that will change lives. What is more fundamental than the water we use and bills we pay, asks Labour MP Clive Lewis

The Guardian - UK

China's Consumption Slide Deepens As Tariff War Bites

China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.

International Business Times

‘Fighting with nature’: Iceland’s Grindavík play again after 18-month seismic gap

The town was ripped apart and the economy decimated. But now the football club will make an emotional return

The Guardian - UK

Giving weight loss jabs could bolster UK economy by £4.5bn a year, study says

Providing semaglutide for all those eligible may bring productivity gains as people are able to work more

The Guardian - UK

Federal Reserve official sees signs of slowing economy but not ready to cut rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

The Independent UK

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The Guardian - UK

‘Look forward, not back’: UK keen for closer trade ties with EU, says Starmer

Exclusive: PM says he has ambitious plans for partnership and argues Britons have moved on from Brexit

The Independent UK

Voices: If the UK is to grow, Labour must look towards the real trade prize

COMMENT : An agreement with the US, which leaves its 10 per cent tariffs in place, would be eclipsed by a deal that lowered the trade barriers between the UK and the EU, writes James Moore

Evening Standard

Tariffs not causing ‘dramatic’ shift in UK economy, Bank chief economist says

Huw Pill’s remarks come a day after the Bank cut interest rates to 4.25% and lowered its outlook for UK economic growth next year.

The Conversation

How William Howard Taft’s approach to government efficiency differed from Elon Musk’s slash-and-burn tactics

For four months, the world’s richest man has played an unprecedented role in U.S. government. At the start of his 2025 term, President Donald Trump asked Elon Musk to cut government “waste and fraud.” That translated into the Musk-driven firing of 121,000 federal workers, essentially closing entire government programs and…

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The Guardian - US

Why is Trump so fixated on toys for little girls?

Asked about his tariffs’ impact, the president has repeatedly pointed to dolls – because they’re seen as feminine, childlike and frivolous

The Independent UK

US trade deal a ‘political win’ but will do little for UK growth, say experts

Sir Keir Starmer said the trade agreement struck on Thursday is a ‘historic’ deal, but economists played down the benefits for the economy at large.

Fortune

New digital borders are shaking up your company’s tech stack. Here’s how to adapt

The fracturing of the digital space represents a serious threat to multinational companies.

The Guardian - UK

Bank of England governor urges UK to rebuild EU trade ties as key summit looms

After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with bloc

inkl

Crypto Casinos Surge to $81 Billion in 2024 Amid Global Scrutiny

One corner of the digital economy that hasn't let up in a year filled with volatility and regulation has been crypto casinos. These blockchain-based betting sites raked in a staggering $81.4 billion in gross gaming revenue (GGR) in 2024 alone, as stated in a study by Yield Sec. This was…

The Guardian - UK

Friday briefing: A big, beautiful trade deal – or a mugging from the school bully?

In today’s newsletter: There’s comfort for the UK’s steel and auto industries but still tariffs to pay as the results of Starmer’s charm offensive on Trump are revealed

The Independent UK

Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street

Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains

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