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The Latest Breaking News from Economy

Is Donald Trump threatening the US Federal Reserve’s independence?

US president Donald Trump has been increasingly calling for the Federal Reserve to lower interest rates, claiming that there is "virtually no inflation", as energy and grocery prices continue to decrease considerably.

Euronews

Wall Street rebounds as Trump admin signals ‘de-escalation’ of trade war with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

The Independent UK

US stocks and dollar tumble as Trump renews attacks on Fed Chair Powell

S&P 500 falls 2.36 percent, while Nasdaq Composite drops 2.55 percent amid fears for central bank’s independence.

Al Jazeera

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‘Peak uncertainty’ may have passed since Trump pressed pause on tariffs, but Fundstrat’s Tom Lee fears we may not have reached ‘maximum pain’

“We’re now in a de-escalation mode when it comes to the tariffs,” UBS’s Evan Brown added.

Fortune

83 People Share Recession Indicators That Range From Funny To Cry Worthy

"Everyone becoming a DJ should've been our first recession indicator!"

Bored Panda

Chauffeur Driven Car Hire Dubai – Luxury & Affordable Options

Traveling in Dubai requires a blend of comfort, style, and efficiency. Whether you're visiting for business, leisure, or a special occasion, chauffeur driven car hire Dubai offers a seamless way to navigate the city’s vibrant streets.

inkl

Sustainability Week: Telecoms’ winding road to net zero

Can telcos hit net zero while managing ageing networks? The circular economy may hold the key.

TechRadar

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Do those so-called US recession indicators actually mean anything?

The media likes to advertise well-known metrics like unemployment and the ‘lipstick index’, but the truth is that no one really knows

The Guardian - US

British Steel must now join the modern economy, not be a prisoner of the old

Lack of investment and vision has dogged UK industry, while China has literally forged ahead

The Guardian - UK

'Pandora's Box': Alarm Bells In Indonesia Over Rising Military Role

Greater military influence in government, reporters under threat and a stuttering economy -- Indonesian President Prabowo Subianto's first six months in power have triggered alarm bells for activists worried about a return to the country's authoritarian roots.

International Business Times

Southeast Asia's Muslim market comes of age—and authenticity is in

From banking to fashion, local businesses are targeting a growing middle-class consumer base keen to buy 'halal'.

Fortune

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.

Fortune

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

Exclusive: Tax rises, Brexit and a weakening pound to blame for 30,000 millionaires fleeing the capital in ten years — an average of eight a day

Evening Standard

TV Newsance 295: Startups or suck-ups? Piyush Goyal and the (unease) of doing business in India

While the global economy grapples with real crises, India is booming… with ministers dishing out unsolicited gyaan. In this week’s Newsance, Abhinandan Sekhri looks at how India’s startup ecosystem is being smothered – not by a lack of ideas, but by a surplus of sycophancy.

Newslaundry

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The Guardian - UK

From Sidemen to MrBeast: how YouTube and its creator economy took over TV

Stars and their high-quality content enable streamers and others to pull in younger audiences

Reason

How Egg Prices Became the Symbol of Poland's Successful Transition to Freedom

In the chaotic early days of Poland's "shock therapy," free market reformers measured their success by the falling price of this one basic commodity.

Reason

Trump's Tariff Mania Shows the Folly of Central Planning

Even if Trump were a font of intelligence and wisdom (and he's not), no one person should be directing any country's economy.

Euronews

US tariffs will not spark global recession but will weaken economy, IMF says

Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund.

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Euronews

Trump suggests he could remove US Fed Reserve Chair Jerome Powell

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday.

International Business Times

Japan Rice Prices Soar As Core Inflation Accelerates

Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world's number four economy.

The Independent UK

Fears of the economy tanking are now higher than they were at the height of the Covid pandemic

Dismal fund manager sentiment comes as Federal Reserve warns of increased inflation and slowing growth due to tariffs

Latin Times

Voters Keep Losing Confidence On Trump's Tariffs As Recession Warnings, Stock Losses Mount

New polls suggests voters are continuing to approve President Trump's immigration policies, as deportations ramp up, while having negative reaction on tariffs.

Barchart

Dollar Slightly Higher on US Trade Deal Hopes

The dollar index (DXY00 ) Thursday finished little changed, up +0.01%. The dollar found support Thursday due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese officials on a trade deal and expressed confidence that the US would reach a trade...

International Business Times

Countries Must 'Make The Best' Of New Multipolar World: IMF Chief

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.

The National (Scotland)

Common Weal: It's Scotland's economy. Or is it?

Good evening! This week's edition of the In Common newsletter comes from Craig Dalzell, head of policy and research at Common Weal

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