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The Latest Breaking News from Economy

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

The Guardian - UK

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.

International Business Times

Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy

America has never been richer. But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Meanwhile, surging corporate profits have mostly benefited investors, not the broader public.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

US 500% Tariff On Russia Can Rattle Energy Stocks And Have 'Major Negative Implications' On Global Economy, Says Craig Shapiro

As the U.S. Senate considers the Sanctioning Russia Act of 2025, economist Craig Shapiro has raised alarms about its potential to disrupt American markets and the global economy.

Benzinga

Voices: The economy has shrunk yet again – but it’s not all doom and gloom...

COMMENT : The hangover from Trump’s tariffs at the start of the year is proving tougher to shake than expected, writes James Moore – but there is a slight silver lining

The Independent UK

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

Euronews

UK economy shrinks for second month in a row delivering fresh blow to Rachel Reeves

THE UK economy contracted unexpectedly in May as the manufacturing sector suffered another steep decline in activity, according to official figures…

The National (Scotland)

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UK economy shrinks unexpectedly in May despite Trump pausing tariffs

IN FULL

The Independent UK

Blow to Chancellor as UK economy shrank unexpectedly in May

The Office for National Statistics said gross domestic product contracted by 0.1% in May, following a 0.3% drop in April.

Evening Standard

'Ticking tax timebomb' warning as UK economy shrinks 0.1% in May in fresh blow to Rachel Reeves

The City had expected a 0.1% rise in GDP

Evening Standard

Reeves ‘disappointed’ after UK economy unexpectedly shrinks for second month in a row

It followed a 0.3 per cent contraction in April, when US president Donald Trump announced tariffs

The Independent UK

FTSE 100 Live 11 July: BP higher but index stalls, GDP figures disappoint

A surprise contraction in UK GDP today provided a downbeat note at the end of a record-breaking week for the FTSE 100 index.

Evening Standard

Rachel Reeves to try to reassure City investors after unexpected UK GDP fall

Chancellor’s Mansion House speech to cite ‘opportunity’ in attempt to shrug off anaemic economic performance

The Guardian - UK

Rachel Reeves says May’s fall in GDP is ‘disappointing’; Trump tariffs knock markets – as it happened

UK GDP falls by 0.1% in May, following 0.3% fall in April.

The Guardian - UK

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Euronews

Which European economy stands to suffer the most from US tariffs?

One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy.

The Independent UK

Trump to tour flood zone on Friday as he touts ties to deep-red Texas

Republican Governor Greg Abbott has repeatedly praised the Trump administration for its response to the tragedy

International Business Times

China's Economy Likely Grew 5.2% In Q2 Despite Trade War: AFP Poll

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

Reason

Trump's Plan to Impose 50% Tariffs on Brazil Highlights Illegal and Harmful Nature of his Trade Policy

It's an obvious abuse of emergency powers, a claim to unconstitutional delegation of legislative power, and a threat to the economy and the rule of law.

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news in one place.

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Benzinga

An Investor Wonders Why Trump's Tariffs Aren't Shaking The Markets. 'Does Wall Street Simply Not Care About The Economy Anymore?'

President Donald Trump is sticking to his Aug. 1 deadline to reimpose steep tariffs, but the stock market doesn’t seem too worried. On Reddit’s r/stocks, one confused investor posted, “Trump just announced plans to do Liberation Day 2.0 all over again, but this time the stock market stays… up??? Does…

The Conversation

Returning to the office isn’t the answer to Canada’s productivity problem — and it will add pressure to urban housing

As companies face pressure to increase productivity, many are calling workers back to the office — even though there is limited evidence that return-to-office policies actually improve innovation or performance.

Fortune

Multimillionaire athlete-turned-CEO says he never buys expensive clothes and only flies economy because he's in constant fear of running out of cash

Tom Beahon has cofounded £1 billion sportswear brand Castore, but the frugal early years of living off £1,000 pounds monthly and living with his parents are “deeply branded” on his soul: "That day-to-day focus on cash, that paranoia.”

The Independent UK

How tariffs will be a weapon for countries to put the squeeze back on Trump and his red-state allies

‘When products like Kentucky bourbon are in the headlines, you know something's going on’

TechRadar

Microsoft is spending $4 billion to push AI in schools, universities and more

Microsoft pledges to spend $4 billion upskilling today's youth, so they have the skills for tomorrow's AI economy.

Fortune

Elon Musk says even if AI ultimately proves bad for humanity he still wants to be there to see it

The xAI founder said the very notion humans actually once managed an economy will seem very quaint in the future, like “cavemen throwing sticks into a fire.”

Pedestrian.tv

17 Last-Minute Travel Essentials To Help You Forget You’re Stuck In Economy

From trackable luggage to plane phone mounts and in-flight skincare.

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