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The Latest Breaking News from Economy

Trump administration briefing: hundreds fired from US climate agency as Americans feel economy getting worse

Democrats warn that cutting jobs at Noaa ‘will cost American lives’ – key US politics stories from Wednesday at a glance

The Guardian - US

Starmer pledges to review AI plans after musicians and artists warn they face being ripped off

Starmer pledges to review AI plans after musicians and artists warn they face being ripped off

Pop legends Elton John and Paul McCartney are among a host of artists warning that proposed changes to copyright law could make it impossible for creatives to earn a living

The Independent UK

Donald Trump says ‘real’ UK trade deal could mean no tariffs as King Charles invites US President for ‘historic’ second state visit

Donald Trump says ‘real’ UK trade deal could mean no tariffs as King Charles invites US President for ‘historic’ second state visit

Sir Keir Starmer and Trump held crunch White House talks on Ukraine and economy

Evening Standard

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Dollar Rallies on Expectations of US Tariffs on Canada and Mexico

The dollar index (DXY00 ) Thursday rose by +0.77% and posted a 1-week high. The dollar rallied Thursday on signs of strength in the US economy after Q4 GDP was left unrevised. Also, Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more than...

America’s consumer economy is hostage to its top earners—and that could mean trouble down the road

A Moody’s Analytics report revealed America’s wealthiest individuals are buoying discretionary spending.

Most Americans say economy is getting worse but Republican views do backflip

Harris poll finds 51% of Americans think US economy is worsening with views on Trump tariffs split on party lines

The Guardian - US

Dollar Rallies as President Trump Affirms Tariffs on Canada and Mexico

The dollar index (DXY00 ) today is up by +0.68% at a 1-week high. The dollar is climbing today on signs of strength in the US economy after Q4 GDP was left unrevised, and Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more...

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Trump Administration Implements Plans For Federal Employee Layoffs

Trump Administration Implements Plans For Federal Employee Layoffs

Trump administration's policies on federal layoffs, tariffs, diversity programs, and foreign aid face opposition and challenges, impacting global economy a...

U.S. economy expanded at 2.3% annual pace from October to December, unchanged from initial estimate

U.S. economy expanded at 2.3% annual pace from October to December, unchanged from initial estimate

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth

The Independent UK

Congress slams PM Modi on F-35 fighter jet deal with US

Party Spokesperson Ajoy Kumar also claimed that reciprocal tariffs imposed by the Trump administration against Indian would destroy the country's economy. Read further on Dynamite News:

Nearly three-quarters feel airport expansion unlikely to benefit them – poll

Nearly three-quarters feel airport expansion unlikely to benefit them – poll

Aviation growth ranked below renewables, public transport, repair schemes and insulation for the positive impact it could have on economy and people.

Evening Standard

Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is needed

The Guardian - UK

Iran’s government hits out at crypto again as currency freefalls

Iran’s government hits out at crypto again as currency freefalls

Iran appears poised to impose new levels of control and oversight into crypto amid deteriorating economic conditions.

Sadiq Khan aims to add £100bn to London’s economy by 2035

Sadiq Khan aims to add £100bn to London’s economy by 2035

Capital’s mayor wants return to productivity growth, which has struggled to recover from 2008 financial crisis

The Guardian - UK

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The National (Scotland)

The truth behind Scotland's oil and the McCrone Report

FOR many Scots, the striking poster of Margaret Thatcher with fangs that dripped oil instead of blood sums up the waste of the profits from the…

Evening Standard

Sadiq Khan launches growth plan to 'turbocharge' London economy with '£11,000-in-your-pocket' claim

Mayor says his London Growth Plan could put an extra pre-tax average of £11,000 in each Londoner’s pocket

3 Metaverse Stocks Building the Virtual Economy

The metaverse isn’t just a futuristic fantasy; it’s shaping up to be the next big digital economy. As digital spaces evolve into thriving marketplaces, companies like Apple (AAPL), NVIDIA Corp. (NVDA), and Meta Platforms (META) are building the foundation for this new era. Thus, investing in them could be rewarding.…

Experts warn of federal government brain drain that could be ‘devastating’ for the U.S. economy

“It’s really a devastating way to manage a business, and it’s a devastating way to manage the government.”

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The Conversation

The world needs a circular economy. But workers in developing countries shouldn’t pay the price

The circular economy offers a fresh approach to how we produce and consume, focusing on reducing, reusing, recycling and recovering. It moves us away from the traditional “make, use, discard” model, creating a more sustainable system to balance the needs of the economy, society and nature. Living within the planet’s…

Reasons for struggling productivity growth revealed

Inefficient use of resources and a lack of new ideas have contributed to Australia's declining productivity growth, the Productivity Commission says.

The Independent UK

EU executive plans a major reset of economy as critics fear climate will suffer

The European Union has announced plans for a major revamp of its economic strategy to meet demands of the bloc’s captains of industry

It’s 5 minutes to midnight for Germany’s economy, Bundesbank chief warns

The Bundesbank racked up its first loss since 1979, as president Joachim Nagel called on Germany's incoming government to save the economy.

Nvidia's Quarterly Profit Report And U.S. Economy Update

Global markets show mixed performance with gains in Europe and China, while U.S. awaits economic updates and consumer sentiment shifts.

The Guardian - US

US economy ‘less safe’, experts say, as Trump hobbles consumer watchdog

Former officials say Americans more likely to be ripped off and scammed as CFPB targeted by Musk ‘efficency’ blitz

The Conversation

Renewable energy: rural areas can be the EU’s green powerhouse

The European Union aims to cut greenhouse gas emissions by at least 55% in 2030 compared to 1990 levels, and to become the first carbon-neutral economy by 2050. This ambitious goal requires a radical increase in the production of green energy within a relatively short timeframe. The untapped potential of…

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