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The Latest Breaking News from Economy

S. Korea's Economy Shrinks In First Quarter As Trade War Hits Exports

South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central bank said Thursday, as the Asian export giant reels from months of political chaos and heightened trade tensions.

International Business Times

Trump’s approval rating sinks in the latest poll as more become wary of the power he holds

Fifty-nine percent of respondents, a third of Republicans among them, believe that the U.S. is losing global credibility

The Independent UK

Trump's Popularity With US Voters Slumps In Opinion Polls

US President Donald Trump's popularity has sunk since his riotous return to the White House, polls showed Wednesday, with Americans criticizing him on key issues of the economy and immigration.

International Business Times

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In Trump’s Economy, Should 401(k) Savers 'Set It and Forget It?'

It’s hard to bury your head in the sand when the markets are volatile. Here’s when it makes sense and when it doesn’t.

Kiplinger

Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal

The chancellor is in Washington DC as pressure mounts over dire IMF predictions of the effect on Britain’s economy if Trump goes ahead with his tariffs

The Independent UK

Americans losing faith in ‘erratic’ Trump on tariff-hit economy as poll finds three quarters fear recession

But he is still more popular than Joe Biden, according to Ipsos survey

Evening Standard

Europe must show it's serious about Ukraine by tightening sanctions on Russia

The EU bolsters Putin’s war machine by buying Russian energy, minerals, and metals, even as Russia's economy appears to falter.

Fortune

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Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

The Guardian - UK

Watch: Rachel Reeves gives speech on UK economy at International Monetary Fund in Washington DC

Watch again as chancellor Rachel Reeves gave a speech on the UK economy at the International Monetary Fund in Washington DC on Wednesday (23 April).

The Independent UK

Richard Branson says Trump’s tariffs messed up a promising economy: ‘Everything was going so bloody well up to about three months ago’

The billionaire entrepreneur sees Trump’s hard-line trade policies as reflecting the views of a “fairly small elite [group] of people around” him.

Fortune

Ministers move to axe early public consultation phase for infrastructure schemes

Ministers insist that forthcoming amendments to flagship planning reforms will protect community input and boost the economy.

Evening Standard

Sustainability Week: The case for circularity and strategic partnerships

Discover how circularity and strategic partnerships can future-proof businesses and the planet.

TechRadar

How can AI help deliver on the circular economy?

It is time to return to the traditional values of a circular economy. AI can help.

TechRadar

Rachel Reeves is besieged on all sides and needs a dramatic intervention to save UK economy

NEWS ANALYSIS: As Rachel Reeves prepares for a career defining speech in Washington DC, political editor David Maddox looks at the competing forces turning her dreams of economic growth into a nightmare

The Independent UK

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Evening Standard

UK business output slumps in first sign of impact of Trump tariff chaos

Closely watched PMI Index points to falling output amid plummeting confidence

Euronews

Eurozone economy stalls in April as tariffs rattle services activity

Eurozone economy stagnates in April as trade tensions drag services sector into contraction. PMI data show Germany's resilience in manufacturing, while France's downturn deepens. Easing inflation pressures may support ECB rate cuts

The Texas Tribune

Texas may study the impact of immigration again, but focus only on costs

The only time the state conducted such an assessment two decades ago, it found that undocumented Texans contributed more to the state’s economy than they cost the state.

The Independent UK

It’s official – Donald Trump is bad for the world economy

THE INDEPENDENT VIEW: Editorial: The IMF’s downgrade of global growth forecasts, a direct result of US tariffs, will only add to the pressure on chancellor Rachel Reeves to make the case during her visit to Washington for a fabled US-UK free trade agreement

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The Independent UK

Dow is heading for its worst April since the Great Depression as investors fear Trump’s tactics

Chief investment officer says it’s ‘impossible to commit capital to an economy that is unstable and unknowable because of policy structure’

AAP

Trump uncertainty set to smash Australian economy

Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.

Fortune

Taskrabbit CEO: My gig-economy superpower

For Ania Smith, lessons from jobs held while growing up, like selling newspaper subscriptions door to door, have proven invaluable.

Euronews

Gold price hits record high: What’s behind the precious metal’s rally?

Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy.

Barchart

Elon Musk Isn’t ‘One of The Doomsday People’ On Climate Change or Humanity, But Says We Need ‘A Sense of Urgency’

Elon Musk, while rejecting climate doomsday narratives, emphasizes the need for continued urgency in transitioning to a sustainable energy economy, framing it as both an environmental necessity and a strategic economic opportunity.

International Business Times

IMF Slashes Global Growth Outlook On Impact Of US Tariffs

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US President Donald Trump's new tariff policies on the world economy.

International Business Times

IMF Slashes China Growth Forecasts As Trade War Deepens

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

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