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The Latest Breaking News from Economy

Saudi Aramco Profit Drops For 10th Straight Quarter

Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy.

International Business Times

China warns EV makers to stop price-cutting to protect the economy

Overcapacity and oversupply are causing ‘involution’ and putting growth at risk, manufacturers told

The Guardian - UK

Pension age debate threatens to splinter Germany’s fragile coalition

Merz walks fine line as ‘lazy Germans’ debate sparks protest and economy minister calls to raise retirement age to 70

The Guardian - UK

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Asian Markets Track Wall St Rally On Fed Rate Cut Bets

Stock markets rose Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald Trump's tariffs.

International Business Times

The 40 Best Finance Books Worth Adding To Your Bookshelf in 2025

From investment strategies to building long-term wealth, understanding how the economy works, repairing credit and more, here are the best finance books.

GOBankingRates

Top analyst says the next 5 years could see 'no growth in workers at all' and sends a warning about the fate of the U.S. economy

Investors may want to think twice about betting broadly on a “strongly rising U.S. economic tide,” JPMorgan’s David Kelly writes. Same with lower interest rates.

Fortune

Rachel Reeves under pressure to ‘urgently rule out’ tax hikes

The Tories argue that leaving investors ‘in limbo’ could harm the economy

The Independent UK

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Why Over a Third of People Expected To Get Richer Over the Next Six Months — But Now See a Darker Future

Why do over a third of Americans expect to get richer in the next six months? Discover the surprising factors fueling this wave of financial optimism.

GOBankingRates

Americans are slashing their spending as worries over the economy grow: ‘This time feels different’

The U.S. economy added just 73,000 jobs in July

The Independent UK

Banana republic? Trump puts credibility of US economic data on the line

Trump’s firing of the head of the Bureau of Labor Statistics raises fears for the integrity of official statistics.

Al Jazeera

Stocks Rebound On US Rate Cut Bets

Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy.

International Business Times

Now is the time for Democrats to hammer Trump on the economy

With inflation and unemployment rising, Democrats must speak out – and show they care about the average voter

The Guardian - US

Can Syria rebuild its economy from the ashes of war?

More than a decade of devastating conflict has left Syria’s economy in tatters, its infrastructure in ruins and its population deeply fragmented. The fledgling transitional government in Damascus, which came to power following a lightning rebel offensive in December 2024, often speaks of a “new Syria”. But the pressing question…

The Conversation

The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was

In his note to clients, ING analyst Chris Turner called it “the dollar’s hand-brake turn.”

Fortune

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GOBankingRates

Should You and Your Wallet Care About the Big Beautiful Bill’s Impact on the National Debt?

Trump's budget reconciliation law could have a large impact on American economics. In particular, how could the national debt impact Americans' wallets?

Barchart

Stocks Set to Open Higher as Investors Bet on Fed Rate Cuts

September S&P 500 E-Mini futures (ESU25) are up +0.64%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.77% this morning, pointing to a higher open on Wall Street as investors placed their hopes on the Federal Reserve to step in with interest rate cuts following Friday’s weak U.S. payrolls…

Benzinga

Moody's Chief Economist Warns US Economy On 'Precipice Of Recession' As Tariffs, Labor Shortages Trigger Market Selloff

Moody‘s Analytics Chief Economist Mark Zandi warned on Sunday that the American economy stands “on the precipice of recession” following last week’s disappointing economic data releases that sent major indexes tumbling.

Benzinga

Trump's Trade War 'The Only Thing That Can Derail' A Strong US Economy, Says Steve Eisman — Tariff Story Is 'Far From Over'

Investor Steve Eisman, best known for betting against the housing market in the lead-up to the 2008 financial crisis, issued a sharp warning on what he sees as the single-biggest threat to the U.S. economy.

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The National (Scotland)

Keir Starmer's defence plan will not make UK safer, ex-UN adviser warns

KEIR Starmer’s pledge to ramp up defence spending in the UK to 5 of GDP by 2035 will make the country more insecure and won’t save the economy,…

International Business Times

Asian Markets Fluctuate As Traders Weigh Tariffs, US Jobs

Asian markets flitted between gains and losses Monday as investors continued to digest last week's tariff blitz by Donald Trump and a US jobs report that fanned fears about the world's top economy.

Benzinga

Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report by the Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

Fortune

Dow futures reverse higher as recession alarm bells jolt Wall Street awake from dreams of a gravity-defying economy

With Wall Street now more attuned to economic risks like Trump's trade war, the tariffs that will go into effect on Thursday may get more scrutiny.

The Conversation

Economists want a carbon price comeback – but does Australia have the political courage?

Bold economic ideas are flowing ahead of this month’s roundtable convened by the Albanese government, aimed at boosting Australia’s productivity and economy, and repairing the budget. Among the biggest ideas to emerge is: should Australia resurrect its carbon price?

Fortune

Wall Street's view of a 'Kevlar economy' has just been shattered, but red flags were lurking under the radar

"Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming."

Fortune

Top economist warns the U.S. is 'on the precipice of recession' — and it will be hard for the Fed to come to the rescue

“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall.”

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