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The Latest Breaking News from Economy

GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

GoFundMe’s CEO says more Americans are crowdfunding everyday essentials like groceries as high costs and strained household finances persist.

Fortune

Squawk Box co-host warns of similarities between today and Wall Street in 1929: ‘I can assure you, unfortunately, we will have a crash’

Financial journalist Andrew Ross Sorkin says he worries about an artificial intelligence bubble in the US

The Independent UK

Farage denounces ‘cretins’ in charge of the economy as he pledges ‘big bang two’

The Reform UK leader has pledged to boost trade in digital assets if his party forms a government.

Evening Standard

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Trade is shaping new global power relations: what this means for Africa

Over the past two decades, economic strength, trade flows, technological leadership and even consumer demand have been moving steadily from west to east. This transformation is redrawing economic maps. It is also raising urgent questions about co-operation, competition and inclusion in a multipolar world. Lecturer in economics and finance Arno…

The Conversation

Uncertainty over the economy and tariffs forces many retailers to be cautious on holiday hiring

Rising tariff costs and other economic factors are forcing retailers to pull back or even delay their plans to hire seasonal workers

The Independent UK

Reform UK abandoning manifesto pledge of £90bn in tax cuts, deputy leader admits

Richard Tice says party will concentrate on cutting civil service and scrapping net zero once in government

The Guardian - UK

Microsoft reveals AI could save 12.1 billion hours annually across the UK economy — if "Shadow AI" tech doesn't wreck it first

A new report by Microsoft reveals that 71% of employees in the UK have used unapproved consumer AI tools at work, and 51% continue to do so every week, raising privacy and security threats.

Windows Central

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Reform UK would be ‘catastrophic’ for businesses, Welsh First Minister says

Baroness Eluned Morgan was in Port Talbot to announce a new £547 million funding pot from the UK Government to create new jobs and boost productivity.

Evening Standard

Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead

China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.

Fortune

Why Russia’s provocations in Europe actually signal a weakened strategic position

There’s recently been a significant uptick in Russian incursions into Europe. They started in mid-September with Russian drones violating Polish airspace, resulting in Poland being forced to deploy its air force to protect its sovereignty.

The Conversation

Brighton councillor calls for tourist tax powers for England’s local governments

Councillor Bella Sankey said funds raised from tourist taxes would be reinvested in the local area

The Independent UK

‘Doughnut economics’ shows how global growth is out of balance - and how we can fix it

A new update to an influential economic theory called “Doughnut Economics” shows a global economy on a collision course with nature.

The Conversation

Taiwan's Chip Industry Unfazed By China's Rare Earth Export Curbs: Report

Taiwan’s economy ministry has stated that the country’s semiconductor industry will remain largely unaffected by China’s newly expanded rare earth export controls.

Benzinga

The IMF boss is right to say ‘buckle up’ – the global economy is facing multiple menaces

Trump’s latest tariff tantrum and rising fears of an AI bubble have quickly borne out Kristalina Georgieva’s claim that ‘uncertainty is the new normal’

The Guardian - UK

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International Business Times

China Accuses US Of 'Double Standards' Over New Tariffs Threat

China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional 100 percent tariff on the world's second-largest economy.

The Independent UK

New EU border checks could cause four hour waits and cost UK economy £400m, industry warns

The Entry Exit System (EES), being rolled out on Sunday, means UK travellers will need to have their fingerprints registered and photograph taken to enter the Schengen area

Euronews

Reappointed French PM Lecornu says new cabinet must not give in to partisan interests

Renamed by President Emmanuel Macron late Friday after a week of political chaos, Lecornu called for calm and for the support of political parties to produce a budget for the European Union’s No. 2 economy before looming deadlines.

GOBankingRates

50 Ways for Car Owners To Save Money Every Month

You can't change a car's MSRP and you can only negotiate the purchase price down so far. However, once you drive away, you'll have opportunities throughout the year to lower the cost of owning a...

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news in one place.

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Axios

How to measure the economy when the government isn't doing it

Companies and investors are scrambling for alternatives to the data put out by the Bureau of Labor Statistics.

The Guardian - UK

Why should you be Labour’s next deputy leader? Guardian readers quiz the candidates

As party members prepare to choose between Bridget Phillipson and Lucy Powell, the pair give their views on wealth taxes, Brexit, the climate crisis and the far right

The Conversation

Government shutdown hasn’t left consumers glum about the economy – for now, at least

The ongoing federal shutdown has resulted in a pause on regular government data releases, meaning economic data has been in short supply of late. That has left market-watchers and monetary policymakers somewhat in the dark over key indicators in the U.S. economy.

The Independent UK

Nation’s top financial CEO Jamie Dimon warns there is a 30% chance of a stock market crash in the next two years

JPMorgan Chase boss admits he is more worried about the economy than many of his peers

Barchart

5 ‘Strong Buy’ Stocks That Could Dominate the AI Economy in the Next 10 Years

AI is transforming entire industries at lightning speed, and these five stocks are positioned to lead and capture massive value.

Benzinga

US Growth Hides Trouble Beneath — Economist Warns Low-Income Americans Are 'Hanging On By Fingertips'

Even with the U.S. economy growing by 3.8% last quarter, and unemployment holding at 4.3%, Moody's (NYSE:MCO) Analytics said that roughly half of all U.S. states are actually seeing their economies shrink.

Euronews

US throws Argentina €17bn lifeline as Milei-Trump ties deepen

Washington’s rare move to buy pesos and open a massive swap line steadied Argentina’s markets — but set off a political storm.

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