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The Latest Breaking News from Economy

More than half of industries are already shedding workers, a 'telling' sign that's accompanied past recessions, top economist says

“Things could still turn around if the economic policies weighing on the economy soon lift. But that looks increasingly unlikely.”

Fortune

Jordan to host meeting with Syria, US on Syrian reconstruction

President Ahmed al-Sharaa’s new government is trying to attract foreign investment as Syria’s economy lies in ruins.

Al Jazeera

Embattled Rachel Reeves urges public to be patient with Labour on rescuing economy

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter

The Independent UK

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Anthony Scaramucci Ridicules Trump's Job Numbers and Charts: 'There's a Slowdown Coming'

In the wake of the Bureau of Labor Statistics head’s dismissal, former White House communication official Anthony Scaramucci has ridiculed President Donald Trump‘s recent efforts to rectify the situation.

Benzinga

Putin will meet Trump as a ‘fiscal crunch’ is about to hit Russia’s war machine

“Though that may not be enough to compel Putin to seek peace, it does suggest that the walls are closing in on him.”

Fortune

If boomers don’t want wealth taxes they can give their time and skills

A nationwide volunteering programme designed to boost the economy could help mend a splintered society

The Guardian - UK

The troubled legacy of Ion Iliescu, who rebuilt Romania but left it torn in two

Ion Iliescu, Romania’s first freely elected president after Communism, helped bring down the country’s dictatorship and led its transition to democracy and a market economy. A central figure in the 1989 revolution, he went on to serve three terms as head of state – but was later charged with crimes…

Radio France Internationale

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How Financial Planners Are Recommending Riskier Portfolios in 2025

The world of investing is changing fast. In 2025, financial planners are telling more people to take on riskier portfolios. This shift isn’t just for thrill-seekers or the ultra-wealthy. Every day, investors are hearing new advice about how to grow their money. Why? The old rules aren’t working as well.…

The Free Financial Advisor

The old system failed Gen Z. We should listen to them for a change

College hasn’t kept up and corporate cost-cutting and the rapid expansion of AI are also forcing Gen Z towards new economic models.

Fortune

'Something weird's going on' in the economy as 6 new economic classes take shape, says New York Times bestselling author

In the new American economy, the poor own cars, the middle class own homes, and the rich own businesses. Nick Maggiulli, author of "The Wealth Ladder," explains.

Fortune

Stablecoin issuers like Circle and Tether are gobbling up more Treasuries than most countries. Here’s how that could reshape the U.S. economy

After Congress passed the Genius Act in July, stablecoins have gone mainstream.

Fortune

Trump's Gold Tariffs Shake Markets, Eli Lilly Plunges, Oil Dips On US-Russia Deal, Jobs Miss Fuels Recession Fears — This Week In Economy

The past week has been a rollercoaster ride for the financial markets. From President Donald Trump‘s surprising tariffs on gold to Eli Lilly’s worst day in 25 years, the week was filled with unexpected turns. Let’s dive into the top stories that shaped the week.

Benzinga

Trump’s Tariff: Why this isn’t India’s '1991 moment'

On August 6, just 57 minutes into the fifth day of the fifth Test match between India and England, fast bowler Mohammed Siraj bowled a searing yorker that shattered Guy Atkinson’s stumps, sealing a thrilling six-run win for India – the narrowest Test victory margin in the country’s cricketing history.

Newslaundry

Spain’s economy is the envy of Europe, but the plight of its strawberry pickers tells another story

Its migrant-powered GDP growth is lauded. If only the people who pick its fruit could be treated with dignity and respect, says Tone Sutterud, a human rights and environment journalist and translator

The Guardian - UK

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International Business Times

Exploring the Smart Money Incentive Behind Georgia's Film Boom: Chrissie Merrill's Insights On Film Tax Credits

State Tax Incentives founder Chrissie Merrill explains how Georgia's lucrative film tax credit drives blockbuster productions, boosts the economy, and delivers smart savings for corporate buyers.

InsideEVs

The Best Hybrid SUVs To Buy In 2025

Hybrid SUVs offer excellent fuel economy and lower emissions than gas-only SUVs. These are the best options for every budget.

International Business Times

Trump Says Court Halt Of Tariffs Would Cause 'Great Depression'

US President Donald Trump warned Friday of cataclysmic consequences on the US economy if a court rules that his imposition of sweeping tariffs constitutes an illegal power grab.

Grocery Coupon Guide

5 Brands That Were Sold to Foreign Companies Without Public Notice

Many of the most iconic American brands, companies that we have grown up with and consider to be a part of our national identity, are no longer American-owned. Over the years, many of these household names have been quietly acquired by large, international corporations in business deals that generate very…

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news in one place.

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The Conversation

Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data

Many financial and political analysts are trying to assess the impact of President Donald Trump’s decision to fire U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer on Aug. 1, 2025, the same day that an unemployment report conveyed weakness in the job market. Some of the strongest criticism of this…

Fortune

Why America’s jobs data may be getting it wrong

The rise of entrepreneurship and AI-driven solopreneurs is reshaping the labor market—but U.S. data hasn’t caught up.

Benzinga

The Dollar Faces A 'Wile E. Coyote Moment' As Stagflation Looms Over US Economy, Warns Economist

The U.S. economy is heading towards a period of stagflation, warns economist Savvas Savouri. This could have significant implications for the dollar, bonds, and stocks.

Reason

Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed

The Fed should be replaced by free markets, not unbridled presidential power.

International Business Times

Choucri Mansour Builds a Legal Practice That Helps Immigrant-Owned Businesses Gain Ground in the U.S.

Choucri Mansour, founder of Mansour Legal Services, MLS Global APC, represents a new breed of legal practitioner who understands that in our hyperconnected world, the old way of doing business—where clients bounce between multiple law firms, tax advisors, and compliance specialists—is not just inefficient, it's economically destructive.

The Independent UK

Voices: ‘The fairest way’ or a ‘political disaster’? Readers split on whether Reeves should raise income tax

YOUR VIEWS: Our community is split over whether raising income tax is the fairest way to plug Britain’s £50bn budget gap or a risky move that could harm growth and Labour’s political standing

GOBankingRates

I Asked ChatGPT What Would Happen If Minimum Wage Rose at the Same Rate of Inflation — Here’s What It Said

What if minimum wage rose with inflation? I asked ChatGPT to crunch the numbers—see how much workers would earn and what it means for the economy.

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