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The Latest Breaking News from Economy

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

Euronews

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

The Guardian - UK

US Recession Risk Rises As Leading Economic Index Falls Again In May: 37 Declines In 39 Months Mark Worst Streak Since 1960

The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.

Benzinga

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Asian shares gain as investors shift focus to Federal Reserve, tariffs

Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high

The Independent UK

China's Premier Warns Global Trade Tensions 'Intensifying'

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum.

International Business Times

Hong Kong Soars to World's Third Most Competitive Economy in 2025

Hong Kong ranks 3rd in global competitiveness in 2025, excelling in government and business efficiency. Discover its economic strengths and investment appeal.

International Business Times

UK calls China a major challenge but an essential economic partner

The U.K. government says China’s attempts to spy, destabilize and disrupt Britain’s economy and democracy have grown, but Beijing is still a vital economic partner

The Independent UK

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Complete RETAKE Class Tier List and Guide [UPDATED]

Ready to make some mad cash? Check out our RETAKE class tier list and guide to learn which ones are good and which ones are great.

Destructoid

Americans' view of the economy slides in June, wiping out gains from previous month

Americans’ view of the economy worsened in June, wiping out much of the previous month’s gain which followed a string of declines that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago

The Independent UK

Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

U.S. charitable giving increased 3.3% to US$593 billion in 2024, lifted by the strength of the economy.

The Conversation

Mass Deportations of Undocumented Immigrants Could Cost California $275 Billion, Study Finds

A new study by the University of California, Merced warns that mass deportations could cause serious damage to the state's economy.

Latin Times

3 Blockchain Stocks to Profit in a Decentralized World

The emergence of a new blockchain economy could be showing up in the recent price action with Bitcoin, here are three stocks that could lead the way

MarketBeat

Trump urges Congress to grill ‘dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates

Trump claimed that Americans will be paying for Powell’s “incompetence” for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.

Fortune

German Budget Plans Outline Vast Spending - And Record Debt

Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military.

International Business Times

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TechRadar

Amazon reveals huge £40 billion UK investment in major cloud, AI and jobs boost

UK set to receive £40 billion investment as Amazon expands operations, promising to create new jobs and boost the economy.

Fortune

Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

The rapidly unfolding events whipsawed world markets that briefly appeared to have avoided an oil shock and the uncertainty of a wider Middle East conflict.

The Independent UK

Thousands of jobs to be created at Amazon’s new UK warehouses

Prime Minister Sir Keir Starmer lauded the expansion plans as a ‘major win’ for the UK economy

The Independent UK

World Bank grants South Africa a $1.5B loan for infrastructure upgrade and green energy transition

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy

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news in one place.

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Euronews

Why the Strait of Hormuz remains critical for the global economy

This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, fuelling a big part of the global economy. And Iran controls its northern side.

Kiplinger

Where to Invest in the Back Half of 2025

The crystal ball has gone dark on Wall Street. Flexibility and diversification will be key in the second half of 2025.

InsideEVs

Why GM And Stellantis Want To Kill Fuel Efficiency For Good

The Corporate Average Fuel Economy rules that shaped the modern car industry are on the chopping block. Plus: Western brands continue to slide in China.

Fortune

Gen Z's job ladder isn’t breaking because of AI—but it’s evolving, says LinkedIn COO

LinkedIn COO Dan Shapero told Fortune in Cannes: “Navigating the transition to an AI economy is probably going to be the issue of the next decade."

Fortune

Trump’s threat of ‘regime change’ in Iran is being greeted with calm and enthusiasm by the markets

Investors are unconcerned about major oil disruptions, reasoning that Iran is unlikely to close the Strait of Hormuz and harm its own economy.

The Independent UK

Farage says non-dom policy ‘very attractive’ despite tax expert cost warning

The party leader said he was ‘not clever enough’ to answer questions about a warning over how the policy could hit Britain’s economy.

Evening Standard

Farage claims Reform nom-dom plan would see £600 paid to poorest workers as tax expert issues warning

Labour branded Nigel Farage’s plan ‘simply a bonanza for billionaires’

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