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The Latest Breaking News from Economy

Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

Stronger public finances require stronger economy, but large tax rises and spending cuts could squeeze activity further

The Guardian - UK

FTSE 100 Live 13 November: Index lower as Aviva, Rolls and Burberry report, GDP disappoints

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Evening Standard

New blow for Reeves as economy stalls close to zero in run up to Budget

GDP inches ahead by just 0.1% in the third quarter in a grim set of figures that one City analyst said revived the spectre of recession

Evening Standard

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UK economy grew by just 0.1% in third quarter after hit from JLR cyber-attack

Figure undershoots forecasts, with Jaguar Land Rover hack helping to pull September GDP down by 0.1%

The Guardian - UK

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

The Independent UK

UK exports to US hit lowest level since January 2022 as tariffs bite, and economy shrinks – as it happened

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks slightly in September

The Guardian - UK

Aussie Wedding Stylist Puts Bride On Blast For Collaboration Request In Viral TikTok

An Australian wedding stylist has put a bride-to-be on blast after they asked for services in exchange for "exposure".

Pedestrian.tv

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The shutdown has ended – but this economist isn’t rejoicing quite yet

After 43 days, the U.S. government shutdown finally came to an end late on Nov. 12, 2025, when Congress voted through a long-overdue funding bill, which President Donald Trump promptly signed.

The Conversation

Scott Bessent Says Democrats Wanted To Stop Trump Agenda At Any Cost: 'The Shutdown Was Never About Healthcare'

Treasury Secretary Scott Bessent on Wednesday accused Democrats of engineering the record U.S. government shutdown to damage President Donald Trump politically, arguing the fight was "never about healthcare" and predicting the economy will roar back once Washington reopens for business.

Benzinga

'The tariffs are a big tax increase': Top bank crunches the numbers on how much Americans are paying for Trump's trade regime

"A decent chunk of the economy is in recession," according to UBS economists.

Fortune

Fed 'Flying Blind' As Shutdown Erases October Jobs, Inflation Reports

The longest government shutdown in U.S. history is set to end within hours—but it's already left a lasting scar on the economy's data map since two of the most vital inputs for the Federal Reserve won't be released.

Benzinga

EU and Indian navies take over ship used by Somali pirates to seize Malta-flagged tanker

Somali piracy in the region cost the world’s economy €6 billion in 2011, with €138 million paid out in ransoms, according to the Oceans Beyond Piracy monitoring group.

Euronews

4 Stocks To Consider Buying As Luxury Spending Keeps Rising

By now, you've likely heard the theory of the K-shaped economy in the United States. Unlike a V-shaped economy, where all boats are lifted, a K-shaped economy has one group prospering while another sinks.

Benzinga

Economic growth predicted to have slowed in third quarter

Experts have predicted that the Office for National Statistics will report 0.2% growth over the three months to September.

Evening Standard

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Benzinga

Robert Kiyosaki Says He's Never Been Fired Because He's 'An Entrepreneur, Not An Employee'

“Rich Dad Poor Dad” author Robert Kiyosaki is doubling down on his message that being an entrepreneur is the safest path in today's unstable economy.

The Free Financial Advisor

7 Obsolete Job Skills That Defined the ’80s Workforce

The workplace during the 1980s operated under entirely different conditions than modern workplaces do today. The office space was equipped with fax machines that emitted constant buzzing noises, while secretaries worked with fast electric typewriters. Paper-based work tasks were assigned to specific departments. Many staff members dedicated their professional lives…

Benzinga

Fed Governor Michael Barr Says 'AI Is A Big Deal' That Could 'Transform Economies' And Affect Monetary Policy

Federal Reserve Governor Michael Barr discussed two potential scenarios of the AI revolution and its impact on the economy.

MusicRadar

"A pivotal moment for the UK music industry": UK music generated a record £8bn for the economy in 2024, but challenges from AI and Brexit remain

2024 saw tours from the likes of Taylor Swift and big releases like Charli XCX's Brat

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news in one place.

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Benzinga

Visa Launches Stablecoin Payouts For The Gig Economy As Traders Eye $343

Visa Inc. (NYSE:V) is shaking up digital payments with a new pilot program that lets creators, freelancers, and gig workers receive instant USDC stablecoin payouts through Visa Direct.

The Independent UK

The best used hybrid SUVs you can buy for less than $25,000

Car shoppers love SUVs because of their commanding view of the road, generous amounts of passenger space, and roomy cargo holds

Fortune

Hopes for a December rate cut are fading fast despite labor fears—Jerome Powell will have his work cut out attempting to unite the Fed

Weaker labor market data should be building the case for Powell to post a cut—and yet expectations are leaning toward the hawkish.

International Business Times UK

UK Music Contributes £8 Billion to GDP and Creates 220,000 Jobs in 2024

The UK music industry contributed £8 billion to the economy in 2024, supporting 220,000 jobs. Despite strong figures, challenges threaten future growth.

Fortune

How CEOs are navigating the global economy's 'frog-boiling' conditions

Also: All the news and watercooler chat from Fortune.

Euronews

Google bets €5.5 billion on Germany’s AI future

The tech giant is making its biggest European investment yet and ensuring it dominates AI-related technologies in the continent's biggest economy.

The Guardian - UK

Wednesday briefing: Why young people are bearing the brunt of the unemployment crisis

In today’s newsletter: Almost 1.8 million people in the UK class themselves as unemployed, and it’s the youth who are driving it. What can be done to help, and will things get better (or worse)?

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