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The Latest Breaking News from Economy

Under the 'Big, Beautiful Bill,' Car Companies Won't Be Fined for Failing To Hit Arbitrary Fuel Efficiency Goals

CAFE standards try to accomplish a reasonable goal but in an ineffective way.

Reason

AOC blasts Trump’s bill as ‘a deal with the devil’ as she gives emotional floor speech trying to stop its passage

Progressive congresswoman says legislation ‘militarizes our entire economy and it strips away healthcare and basic dignity of the American people’

The Independent UK

How Trump’s bill will supercharge mass deportations by funneling $170bn to Ice

Critics warn the staggering sum dedicated to the agency in the bill will threaten humanitarian protections and disrupt the economy

The Guardian - US

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UK may be on verge of triggering a ‘positive tipping point’ for tackling climate change

The UK is now more than halfway (50.4%) to achieving a net zero carbon economy, which means it has reduced its national emissions significantly compared to 1990.

The Conversation

6 Warning Signs of a Recession — and Where the US Economy Stands, According to George Kamel

Finance expert George Kamel recently broke down six recession warning signs. GOBankingRates asked finance experts how they feel about the recession markers.

GOBankingRates

Labor Market Flashes Red Signal—And The Last Time This Happened It Didn't End Well

The U.S. labor market is flashing a rare warning sign after private sector payrolls fell in June for the first time in over two years, raising concerns about the economy’s health and increasing bets on Federal Reserve interest rate cuts.

Benzinga

The rule of law is key to capitalism − eroding it is bad news for American business

Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This…

The Conversation

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Rates should be cut three more times in 2025, says Bank policymaker

Monetary Policy Committee member Alan Taylor flagged a ‘deteriorating outlook’ in the UK economy as trade woes mount.

Evening Standard

Stewart Ginn: Economic Trends That Impact Local Businesses

When the economy grows, local businesses may see more foot traffic, higher sales, and better access to financing. On the other hand, during downturns, owners might face slower sales and rising costs.

International Business Times

Under the Radar: Income and Discipline Over Hype and Hope

As we head into the second half of 2025, the British economy is showing signs of stabilization, but it remains a structurally sluggish environment. The UK managed to avoid a technical recession in 2024, and GDP is growing again.

Benzinga

Ex-E*Trade CEO: The right way to open private markets to retail investors—with the benefit of hindsight

Retail investors have for too long been locked out of private markets—where most value creation in the economy occurs.

Fortune

Anthony Pompliano Says Bitcoin To Reach 'A Gazillion' Driven By Massive Money Printing In A Heated Economy

Entrepreneur and cryptocurrency market commentator Anthony Pompliano projected Bitcoin (CRYPTO: BTC) to soar to a gazillion Monday, driven by massive money printing in a heated economy.

Benzinga

Fed official sees July rate cut 'unlikely,' sticking with Powell's view that coming months will be moment of truth for tariffs' effect on inflation

Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.

Fortune

Taylor Swift, Charli xcx and Springsteen among live music acts who gave UK £10bn lift in 2024

Report says concerts attracted record 23.5m fans, leading to unprecedented spend across British economy

The Guardian - UK

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MusicRadar

“A timely reminder that investing in local music isn’t just good sense - it’s a way to boost pride in place and breathe new life into our high streets”: New report shows immense contribution of music tourism to UK economy

The live music economy brought in £10 billion in 2024

The Guardian - UK

The spiritual economy: young Chinese turn to fortune tellers as anxiety about the future rises

International Business Times

Trump Dismantles Syria Sanctions Program As Israel Ties Eyed

President Donald Trump on Monday formally dismantled US sanctions against Syria, hoping to reintegrate the war-battered country into the global economy as Israel eyes ties with its new leadership.

The Independent UK

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine - and that policymakers need to take the possibility of such extreme scenarios into account and communicate them to the public as well

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International Business Times

Why Boring Businesses Are The Backbone For The American Economy - Insights From A 35-Year One-Stop-Shop Business Owner

A&S Manufacturing embodies industrial evolution by adopting cutting-edge, high-precision technology along with decades of hands-on expertise and industrial grit.

Fortune

This summer will be decisive for the economy and Wall Street

More fiscal sticker shock could send Treasury yields higher and add more pressure on the dollar, which is already down 10% this year, its worst first-half performance in more than 50 years.

The Conversation

Offshore wind in the Mediterranean: renewables can, and must, protect biodiversity – here’s how

The oceans – engines of life on Earth and our single greatest climate regulator – are caught in a catch 22. We urgently need to decarbonise our economy, which means rolling out renewable energy on a massive scale, including offshore sources such as fixed and floating wind farms. However, we…

International Business Times

ADB Acting On US Concerns Over China, Bank Chief Tells AFP

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.

The Conversation

African women are key to fighting climate change – these are the green skills they will need

Women are an important and often underutilised human resource in Africa. They’ve faced many problems historically. Limited access to land, finance, education and decision-making platforms have meant that women across Africa haven’t been able to take part fully in the green economy.

Benzinga

Elon Musk's Birthday Wish: Kill The Bill Before It Kills The Economy

On June 28, his 54th birthday, Elon Musk didn't post celebratory photos or launch a new product.

Barchart

Stocks Set to Open Higher Amid Trade Progress, U.S. Jobs Data and Powell’s Remarks Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.70% this morning, pointing to a higher open on Wall Street amid optimism over progress in trade negotiations between the U.S. and key partners.

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