The Latest Breaking News from Economy

A clip of Trump expressing hope that the economy would crash before his second term has resurfaced as global markets suffer their worst downturn in years.

The Last Week Tonight host tears into dubious tariff math and Republican fixation with trans athletes in sports

Self-preservation may start to look a little different to Republicans if the country is mired in a recession

Across the UK, Mother’s Day represented a vital revenue opportunity for the hospitality sector. Bars, restaurants, cafés and pubs would have anticipated a boost courtesy of family groups – and some spring-like weather. Sadly though, due to some harsh financial realities including higher tax and wage bills coming into force…

Mark Cuban is warning that tariffs and DOGE cuts could result in long-term pain for the U.S. economy.

President Trump then told media aboard Air Force One: “I don't want anything to go down, but sometimes you have to take medicine to fix something.”

OIL prices have dropped further as Donald Trump signalled he would push ahead with sweeping global tariffs, saying “you have to take medicine”…

Billionaire hedge fund investor Bill Ackman suggested that Trump consider a temporary break from the tariff strategy—a "90-day timeout"—to negotiate better trade deals to solve the "asymmetric tariff deals and induce trillions of dollars of new investment in our country."

June S&P 500 E-Mini futures (ESM25) are down -3.29%, and June Nasdaq 100 E-Mini futures (NQM25) are down -3.81% this morning as worries over the economic fallout of U.S. President Donald Trump’s sweeping tariffs continue to weigh on sentiment.