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The Latest Breaking News from Economy

Countries Must 'Make The Best' Of New Multipolar World: IMF Chief

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with regional and like-minded countries, the head of the International Monetary Fund said in an interview Thursday.

International Business Times

Common Weal: It's Scotland's economy. Or is it?

Good evening! This week's edition of the In Common newsletter comes from Craig Dalzell, head of policy and research at Common Weal

The National (Scotland)

Trump wants lower interest rates to ‘counteract’ the inflation from his own tariff policies

“The White House’s actions have made it harder for the Fed to cut rates,” said a Columbia Business School professor.

Fortune

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Tariffs don’t just affect the global economy, but create political instability as well

United States President Donald Trump’s tariff policies have created economic chaos in their aftermath. The stock markets are off to their worst start to a presidential term in modern history.

The Conversation

Global Economy on Edge: UNCTAD and WTO Forecast Deepening Slowdown for This Year

Global economy lurching towards a precarious downturn, with growth forecast to slump to a mere 2.3% in 2025

International Business Times UK

Dollar Gains on US Trade Deal Hopes

The dollar index (DXY00 ) today is up by +0.09%. The dollar is modestly higher today due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese officials on a trade deal. The dollar also rose after US weekly jobless claims unexpectedly...

Barchart

World Economy Should Avoid Recession Despite Tariffs, IMF Chief Says

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.

International Business Times

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Trump says Fed chair is ‘too late’ on interest rates: ‘Powell’s termination cannot come fast enough!’

A day earlier, Federal Reserve chair Jerome Powell offered a pessimistic view of the economy because of the White House’s tariff policy.

Fortune

Trump's Tariff Storm A Threat To Dollar's Dominance?

As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can maintain its status as the world's key trading and reserve currency.

International Business Times

Fed Chair Powell warns of tariff turmoil as big company stocks struggle

The economy now faces "heightened downside risks," says Powell.

Fortune

United Airlines Is in Reversal—If the Economy Doesn’t Stall

United Airlines forecasts a robust year if the economy doesn't stall. While risks are present, a stall is unlikely until the second half or later.

MarketBeat

Petrol Price Plunge Sends UK Inflation Tumbling to 2.6% – But Is It Just a Blip?

Falling petrol prices have pushed UK inflation to 2.6%, but experts warn of rising energy costs and taxes. Learn how to protect your finances in this volatile economy

International Business Times UK

China Selling Seized Digital Assets? Crypto Users Troll Local Governments In 'Germany Type Move'

Local governments in China are reportedly dumping their seized Bitcoin and other cryptocurrencies amid a slowing economy – crypto holders blasted the move, reminding the community of how a similar move ended for Germany.

International Business Times

Voices: Sadiq Khan: Here’s one thing I know that’ll get us closer to Europe – and a post-Trump bump

COMMENT: A new youth mobility scheme will bring the UK and the EU some much needed connection – and a shot in the arm for business, too, writes London mayor Sadiq Khan

The Independent UK

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The Conversation

Why healthy eating may be the best way to reduce food waste

Australians waste around 7.68 million tonnes of food a year. This costs the economy an estimated A$36.6 billion and households up to $2,500 annually.

The Independent UK

Gavin Newsom’s California becomes the first state to sue Trump over his tariff plan

The suit argues that as a ‘global leader in trade,’ the Golden State will bear an ‘inordinate share’ of the costs resulting from the sweeping levies

Kiplinger

Stock Market Today: Dow Drops 699 Points After Powell Speech

Fed Chair Powell warned of a slowing economy and higher inflation but said the central bank isn't ready to cut rates just yet.

The Independent UK

For the first time in years, the public trusts Republicans less on the economy than Democrats, poll finds

Trump’s own economic approval rating has fallen as he continues his trade war with China

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Fortune

Jerome Powell’s warning on Trump’s tariffs: There’s no ‘modern experience of how to think about’ the White House’s trade policy

In a speech on Wednesday, Federal Reserve Chair Jerome Powell warned of higher prices, “continued volatility” in the markets, and the looming threat of stagflation.

International Business Times

Global Economy at an Inflection Point Again: Christian Urbina on Fiscal Strategy, Global Trade, and Investment Planning

Christian Urbina, President, CEO, and Chief Investment Officer of Prosperitus Wealth Advisors, LLC, believes this is a moment that demands clarity, strategy, and thoughtful action.

Fortune

The gig economy is growing three times faster than the traditional workforce, and Gen Z is leading the charge. Here’s how employers can fight back and keep their talent from going rogue

The youngest population of workers want more control over their career trajectory.

International Business Times

Trump Touts Trade Talks, China Calls Out Tariff 'Blackmail'

US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of "blackmail" in a trade war that the WTO warns will have "severe" economic consequences for the global economy.

Reason

Tariff Uncertainty Is Stalling the Economy

Businesses are reporting fewer orders, lower inventories, less employment, and weaker expectations. The only thing going up: prices.

Reason

Jason Furman: Why Everyone Is Wrong About the Economy

Former Obama administration economic adviser Jason Furman explains why both major parties have abandoned economic reality in favor of political fantasy.

Barchart

Dr. Copper Provides Valuable Clues for Commodity Markets, Global Economy

Copper will prescribe what comes next for safe-haven assets like gold and silver as well as the broader market.

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