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The Latest Breaking News from Economy

Kate Forbes calls for action on Brexit damage as Scotland's economy shrinks

Deputy First Minister Kate Forbes has highlighted “difficult global trading conditions” as new figures showed Scotland’s economy shrank for…

The National (Scotland)

Universal theme park deal secured with UK pledge to spend £500m on transport

Attraction at site of former brickworks in Bedford could boost UK economy by £50bn and create 28,000 jobs

The Guardian - UK

Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this…

The Conversation

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Scottish city's economy outperforms London's for first time

EDINBURGH has been hailed as Scotland’s financial “powerhouse” as its economy has surpassed London’s for the first time, new data has shown…

The National (Scotland)

S&P Futures Tick Higher With Focus on Powell’s Testimony

September S&P 500 E-Mini futures (ESU25) are trending up +0.16% this morning, extending yesterday’s gains, while investors await further testimony from Federal Reserve Chair Jerome Powell for clues on the rate outlook.

Barchart

How Private Capital Could Be the Key to Rebuilding America

Private capital investment in infrastructure could be a more efficient and effective alternative to government funding, potentially stimulating the economy during uncertain times, creating jobs and delivering projects on time and within budget.

Kiplinger

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

Euronews

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Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

The Guardian - UK

US Recession Risk Rises As Leading Economic Index Falls Again In May: 37 Declines In 39 Months Mark Worst Streak Since 1960

The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.

Benzinga

Asian shares gain as investors shift focus to Federal Reserve, tariffs

Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high

The Independent UK

China's Premier Warns Global Trade Tensions 'Intensifying'

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum.

International Business Times

Hong Kong Soars to World's Third Most Competitive Economy in 2025

Hong Kong ranks 3rd in global competitiveness in 2025, excelling in government and business efficiency. Discover its economic strengths and investment appeal.

International Business Times

UK calls China a major challenge but an essential economic partner

The U.K. government says China’s attempts to spy, destabilize and disrupt Britain’s economy and democracy have grown, but Beijing is still a vital economic partner

The Independent UK

Complete RETAKE Class Tier List and Guide [UPDATED]

Ready to make some mad cash? Check out our RETAKE class tier list and guide to learn which ones are good and which ones are great.

Destructoid

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The Independent UK

Americans' view of the economy slides in June, wiping out gains from previous month

Americans’ view of the economy worsened in June, wiping out much of the previous month’s gain which followed a string of declines that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago

The Conversation

Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy.

Latin Times

Mass Deportations of Undocumented Immigrants Could Cost California $275 Billion, Study Finds

A new study by the University of California, Merced warns that mass deportations could cause serious damage to the state's economy.

MarketBeat

3 Blockchain Stocks to Profit in a Decentralized World

The emergence of a new blockchain economy could be showing up in the recent price action with Bitcoin, here are three stocks that could lead the way

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news in one place.

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Fortune

Trump urges Congress to grill ‘dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates

Trump claimed that Americans will be paying for Powell’s “incompetence” for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.

International Business Times

German Budget Plans Outline Vast Spending - And Record Debt

Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military.

TechRadar

Amazon reveals huge £40 billion UK investment in major cloud, AI and jobs boost

UK set to receive £40 billion investment as Amazon expands operations, promising to create new jobs and boost the economy.

Fortune

Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

The rapidly unfolding events whipsawed world markets that briefly appeared to have avoided an oil shock and the uncertainty of a wider Middle East conflict.

The Independent UK

Thousands of jobs to be created at Amazon’s new UK warehouses

Prime Minister Sir Keir Starmer lauded the expansion plans as a ‘major win’ for the UK economy

The Independent UK

World Bank grants South Africa a $1.5B loan for infrastructure upgrade and green energy transition

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy

Euronews

Why the Strait of Hormuz remains critical for the global economy

This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, fuelling a big part of the global economy. And Iran controls its northern side.

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