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The Latest Breaking News from Economy

Will Labour’s plan for growth actually work? Two economists respond

The UK chancellor Rachel Reeves says the Labour government will go “further and faster” to kick-start the British economy. Economic growth – to raise living standards and fund public services – is apparently a core mission of this government.

The Conversation

Rachel Reeves’ route to economic growth is a slow one – and there are no guarantees voters will be patient enough

After six months of talking down the economy and warning of tough times ahead, the UK chancellor Rachel Reeves has changed her tune. She is now much more optimistic about Britain’s economic prospects and has announced a raft of measures including major pension reforms designed to unlock cash to boost…

The Conversation

US Economic Growth Steady In 2024 As Trump Takes Office

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins.

International Business Times

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European Central Bank cuts interest rates after eurozone growth stalls

Reduction by quarter of a point to 2.75% aims to stimulate economy, which stagnated in last quarter of 2024

The Guardian - UK

New U.S. Transportation Secretary Reverses Fuel Economy Standards

The Trump administration's decision to rescind fuel economy standards has wide-ranging implications for consumers, automakers, and the environment.

Top News

Nasdaq Futures Gain as Investors Weigh Big Tech Earnings, U.S. GDP Data and Apple Results in Focus

March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies.

Barchart

Nasdaq Futures Climb as Investors Weigh Big Tech Earnings, U.S. GDP Data and Apple Results in Focus

March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies.

Barchart

Europe's economy showed zero growth at end of 2024 as eurozone's biggest economy Germany struggled

Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output

The Independent UK

French Economy Shrinks As Political Crisis Eclipses Olympic Boost

The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country after a boost from the Paris Olympic Games, official data showed Thursday.

International Business Times

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Fortune

How the Federal Reserve impacts mortgage rates

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

International Business Times

Paul Diamond Fraud and the Shadow Economy: A Deep Dive into Financial Crimes

The story of Paul Diamond speaks to the greater landscape of shadow economies where corporate facades blur political alliances and legal boundaries to allow individuals to thrive without transparency or accountability.

The National (Scotland)

Brexit trade barriers could cost Scotland's economy £4 billion, fresh data shows

BREXIT trade barriers could impact Scotland’s economy by £4 billion, fresh analysis has shown.

The Independent UK

Stock market today: Asia shares mostly rise while some regional markets stay closed for holidays

Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September

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Motor1

Feds Put a Stop to New Fuel Economy Standards

The newly confirmed head of the US Department of Transportation (DOT), Sean Duffy, has ordered the National Highway Traffic Safety Administration (NHTSA) to reset the Corporate Average Fuel Economy (CAFE) standards for automakers. The DOT said in a statement that the new standards will lower the price of new cars…

Evening Standard

Reeves rejects Heathrow expansion critics, saying answer ‘cannot always be no’

The Chancellor said the economy will stagnate if you ‘always give in’ to objections.

Barchart

1 ETF to Buy Hand Over Fist as DeepSeek Causes Chaos in the Stock Market

The SPDR S&P 500 ETF is being touted as a smart investment to ride out the turbulence and capitalize on the broader U.S. economy.

The Independent UK

Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue

The Guardian - US

Fed holds interest rates steady amid uncertainty over Trump’s impact on economy

Fed chair declines to provide ‘any response or comment whatsoever’ on president’s public demands for lower rates

The Independent UK

Things to know about the Trump administration order on car and pickup fuel economy

Hours after being sworn in as the new U.S. Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks — also a principal way that it regulates air pollution and addresses climate change

The Independent UK

Rachel Reeves’s plan for Heathrow to ‘turbocharge’ economy struggles to take off

Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job losses and she admits fixing the economy is ‘not an easy job’

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