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The Latest Breaking News from Economics

Canada 'Abandons Market Economics' With A New Critical Minerals Budget

Canada’s 2025 federal budget commits billions to expanding the mining sector even as the government projects a 78.3 billion Canadian dollar ($55.3 billion) deficit for the fiscal year ending March 31. The plan includes major funding and tax incentives aimed at positioning the country as a leading global supplier of…

Benzinga

‘I did this for the world’: Delusional Donald Trump claims his insane tariffs saved the ‘entire world’ from a depression

Amid the Supreme Court hearing, Donald Trump claimed that his tariffs saved the entire world from a depression. It’s the new peak of his economics-by-ego, because neither the data nor basic trade math backs him up.

The Mary Sue

Why Vertical Aerospace Stock Could Double After This Flight Test

Vertical Aerospace's recent update revealed its significant valuation gap and superior aircraft economics, both overlooked by a market focused on cash burn.

MarketBeat

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William Barr Discovers the Economics of Tort Law (and Misrepresents the Law Governing Interstate Pollution)

Another reply to the former attorney general on climate litigation that may end up in the Supreme Court.

Reason

Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

At our Fortune Global Forum, economics and geopolitical tensions were hot topics, but the future of the workforce and workplace also came up in many conversations.

Fortune

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

A $1 increase in stock wealth leads to a $0.05 marginal propensity to consume, up from less than $0.02 in 2010, according to Oxford Economics.

Fortune

Former SpaceX and X employees raise $9 million for Standard Economics, a platform for the unbanked

“Their vision is to bring about Starlink for money,” said Caitlin Pintavorn, a partner at Paradigm.

Fortune

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Record-breaking England bowler James Anderson to be knighted at Windsor Castle

The Lancashire great was recognised for his services to cricket by former prime minister Rishi Sunak.

Evening Standard

In her revenue era: the economics behind Taylor Swift’s 34 versions of The Life of a Showgirl

Taylor Swift’s latest studio album, The Life of a Showgirl, has just enjoyed a second week on top of the Billboard charts, after smashing all-time sales records on its debut.

The Conversation

Is it wrong to have too much money? Your answer may depend on deep-seated values – and your country’s economy

Across cultures, people often wrestle with whether having lots of money is a blessing, a burden or a moral problem. According to our new research, how someone views billionaires isn’t just about economics. Judgment also hinges on certain cultural and moral instincts, which helps explain why opinions about wealth are…

The Conversation

Albanese’s critical minerals deal isn’t good economics – but in Trump and Xi’s new world, bargaining chips matter

Though the dollar benefits may not outweigh the cost on Australia’s new mining agreement with the US, experts say it couldn’t have gone any better

The Guardian - AU

Budget 2025: what should Rachel Reeves do about tax? Join our live event

It is the economics version of music’s “difficult second album”. When the UK chancellor, Rachel Reeves, steps up to deliver her follow-up budget on November 26, she faces some daunting choices.

The Conversation

Here's how Trump can hit China's economy where it really hurts as analysts say Beijing's rare earths gamble could backfire

"Perhaps of greatest concern for China is the software used in advanced manufacturing – Western companies control over 70% of the Chinese market for chip design software, for example."

Fortune

Voices: ‘Fantasy economics’: Readers warn of housing chaos if stamp duty is scrapped

YOUR VIEWS: Our community is divided over Kemi Badenoch’s pledge to scrap stamp duty, with one warning it would ‘do absolutely nothing for renters or those already priced out’

The Independent UK

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International Business Times

World Moto Clash Introduces a Rule-Breaking Grand Prix Model That Redefines Racing for Riders, Fans, and Sponsors

At its core, World Moto Clash (WMC) aims to change the traditional racing economics and restrictions.

Evening Standard

Oxford student who chanted 'put the Zios in the ground' at London rally is arrested and suspended

Samuel Williams, a Politics, Philosophy and Economics student at Balliol College, was filmed among a crowd of people during a Palestine Coalition protest in Westminster

Benzinga

Trump's Tariffs 'Papered Over By AI' Are Quietly Hurting Economy: 'We've Only Seen Half Of...'

A massive wave of investment in artificial intelligence (AI) is masking significant economic damage caused by Donald Trump‘s tariffs, creating a deceptive picture of the U.S. economy's health, according to investor Steve Eisman and CNBC Senior Economics Reporter Steve Liesman.

The Guardian - UK

Abolishing stamp duty won’t solve Britain’s housing crisis – but this radical property tax just might

Economists on all sides agree: rather than incremental changes, this deeply unfair market needs a ‘big bang’ moment, says associate professor of economics and finance Josh Ryan-Collins

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Benzinga

Trump's Pressure May Have Forced The Fed To Cut Rates, Says Steve Liesman: The Central Bank 'Does Not Exist In A Political Vacuum'

Political pressure from President Donald Trump may have been a factor in the Federal Reserve's recent interest rate cut decision, according to Steve Liesman, the Senior Economics Reporter at CNBC.

The Conversation

The 2025 Nobel economics prize honours economic creation and destruction

Three economists working in the area of “innovation-driven economic growth” have won this year’s Nobel Memorial Prize in Economic Sciences.

Reason

This Year's Nobel Winners for Economics Explained How Innovation Makes Us Rich

Joel Mokyr has long made the case against technophobia, including in the pages of Reason.

International Business Times

Nobel Economist Warns Of AI Dangers

A winner of this year's Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential.

The Independent UK

Nobel laureate Philippe Aghion says creative upbringing shaped his vision of innovation and freedom

French Nobel economics laureate Philippe Aghion reflects on the creative roots that shaped his award-winning ideas about innovation and growth

Radio France Internationale

French economist shares Nobel for 'creative destruction' theory of innovation

French economist Philippe Aghion has won the 2025 Nobel Prize in Economics along with Joel Mokyr and Peter Howitt for their research on how innovation fuels long-term growth through “creative destruction” – when new technologies replace outdated ones.

International Business Times

Europe Cannot Let US, China Be 'Technological Leaders': Nobel Laureate Aghion

One of the winners of this year's Nobel economics prize, France's Philippe Aghion, on Monday warned Europe that it must not let the United States and China dominate technological innovation.

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