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The Latest Breaking News from Economy

Trump Pushes Fed To Slash Interest Rates To 1%, Sparking Inflation Fears

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the economy.

International Business Times

JPMorgan Q2 Preview: A 'Banking Renaissance' On The Horizon

Banking giant JPMorgan Chase Co (NYSE:JPM) could provide a detailed look at the health of the American economy and consumer and have a big impact on several ETFs when the company reports second-quarter financial results Tuesday before market open.

Benzinga

Bank of America Says If Something Breaks the Economy, It’ll Happen This Summer: How Investors Can Play It

Bank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.

GOBankingRates

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Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

COMMENT : The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution

The Independent UK

Ukraine's Zelensky Seeks Shakeup With New Prime Minister

Ukrainian President Volodymyr Zelensky said Monday that he was recommending economy minister Yulia Svyrydenko become prime minister in a significant political shakeup for the war-scarred country.

International Business Times

3 Infrastructure Stocks Riding the U.S. Building Boom

These three infrastructure stocks are set to ride America’s building boom fueled by historic federal and private investment

MarketBeat

3 Dangerous Assumptions You Should Not Make About Trump’s Economy

As President Trump's second term continues, the controversial and outspoken leader has managed to make headlines for a variety of reasons -- perhaps most notably, his economic policy decisions. Be...

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4 Types of People Who Will Get Money Back From Trump’s New Tax Initiatives

President Trump is floating the idea of increasing taxes on the ultra wealthy who make $2.5 million annually from 37% to 39.6% to cover areas like immigration and military without cutting Medicaid. On...

GOBankingRates

Pound drops after Bank of England says it could further cut interest rates if jobs market slows

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey

The Guardian - UK

Nigeria’s ex-President Muhammadu Buhari dies in London aged 82

Buhari, remembered for an anti-corruption drive and faltering economy, leaves behind a contentious legacy.

Al Jazeera

Frequent fliers reveal the upgrade tips that actually work

Forget the myths, such as dressing smartly and being nice to flight attendants, these are tips for upgraded travel that are tried and tested

The Independent UK

Trump's Tariffs, Tax Cuts, And Tensions With Brazil Stir The Pot: This Week In Economy

The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to billionaire investors casting doubt on tariff outcomes, the week was filled with intriguing stories. Here’s a quick recap of the top five stories that made headlines.

Benzinga

Zimbabwe’s lithium is in demand for making batteries: how to make sure benefits flow to the local economy

Zimbabwe has the largest lithium reserves on the African continent. Lithium has been mined since the colonial period in the 1950s. It’s a critical part of rechargeable lithium-ion batteries that are essential for the electric vehicle industry. Globally, the lithium-ion battery market is worth US$78.9 billion and is likely to…

The Conversation

I drove the 2025 Kia Carnival Hybrid for a week — here’s my pros and cons

The 2025 Kia Carnival Hybrid SX Prestige looks more SUV than minivan, but after driving it for a week, it proves that it has the range of smaller, more efficient vehicles.

Tom’s Guide

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Saving Advice

10 Small Towns Where Poverty Rates Are Quietly Surging

The picturesque image of small-town America—charming main streets, close-knit communities, and affordable living—is being challenged by a quiet but alarming trend: rising poverty. While big...

Latin Times

Mexico Says It's Already Working To Avoid 30% Tariffs Announced By Trump: 'We Said It Was Unfair'

The Mexican government reacted on Saturday to Donald Trump's announcement about imposing 30% tariffs on the country as of August 1, saying it had already set up conversations with U.S. counterparts to address the issue

PC Gamer

Norland's 'big summer update' is even larger than March's 'damn big update', introducing a politics system, a new economy and more authentically medieval buildings to the Crusader Kings-inspired colony sim

Developer Long Jaunt plans to focus on roadmap features going forward.

GOBankingRates

We Asked ChatGPT What Would Happen If Everyone in America Got a $10,000 Stimulus Tomorrow — Here’s What it Said

What would a $10K stimulus for every American do to the economy? We asked ChatGPT—and its answer might surprise you.

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I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Because crypto can be a bit complicated for some, I asked ChatGPT to explain the answers as if I were a 12-year-old. This is how it responded.

International Business Times

Silver Economy, Golden Opportunity: How Dr. B Dental Solutions Is Riding the Demographic Wave to Denture Care Dominance

As the senior population grows larger, healthier, more empowered, and lives longer, their expectations are changing, and their loyalty will go to the brands that meet them with dignity, sophistication, and genuine value.

The Independent UK

Rachel Reeves’s growth mission is struggling to get off the ground

THE INDEPENDENT VIEW: Editorial: The chancellor is said to be ‘disappointed’ after the UK economy unexpectedly shrank for the second month in a row in May, as well she might be

The Independent UK

FTSE 100 closes winning week on the back foot

Figures showed the UK economy shrank again in May, confounding expectations for a modest rise.

Benzinga

The Super Rich Have A New Favorite Alternative Investment–Hint, It's Not Cryptocurrency

The world's super-rich may be re-examining their investment strategy in response to rising economic uncertainty and geopolitical tensions. A new report from BlackRock (NYSE: BLK) indicates that they have developed an affinity for private credit offerings.

The Guardian - UK

Enduring confusion is the only certainty amid Trump’s latest tariff threats

Experts suspect ‘front loading’ of activity may mask deeper impact of tariffs on the US economy

International Business Times

Corporate Earnings Under the Microscope: How Tariffs Are Reshaping Profitability And Market Outlook

Investors and analysts are closely watching whether American companies can continue to absorb these rising input costs or if profit margins will face significant erosion that could ripple through the broader economy.

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