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The Latest Breaking News from Economy

Lord Sugar: Starmer should ‘get down on bended knee and beg’ to get back into EU

Lord Alan Sugar has urged Keir Starmer to ‘get down on bended knee and beg’ the EU to let Britain rejoin, in order to save the economy.

The Independent UK

Transatlantic Trade at Risk: AmCham Warns of Economic Fallout Amid US-EU Trade War

The U.S. economy is projected to expand by 2.7%, whereas Europe is expected to see a more modest growth rate of 1%.

International Business Times UK

Trump pushes Fed to cut rates

The president urged the Fed to lower rates after the central bank said tariffs make things too uncertain

Salon

From analysis to the latest developments in health,
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The history of ‘common sense’ matters when caring for our common home

In recent years, the idea of “common sense” has again catapulted to prominence in the conservative political landscape.

The Conversation

Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

Fortune

BusinessEurope: Why Europe’s economy is on a make-or-break knife-edge

Boosting competitiveness in the face of weak growth and tariff threats is now a matter of urgency, says business chief.

Euronews

Swiss Cut Rates Again Over Global Economic 'Uncertainty'

Switzerland's central bank cut its key interest rate on Thursday, citing the "high uncertainty" in the global economy triggered by US President Donald Trump's tariff wars.

International Business Times

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Why have interest rates not changed and what has it got to do with US tariffs?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Evening Standard

Trump tells Laura Ingraham Europe has ‘raped and pillaged’ the US

Trump claimed many of the problems with the U.S. economy were caused ‘by our friends’

The Independent UK

Brian Moynihan says consumers are in a ‘classic’ situation of worrying about money but continuing to spend

Brian Moynihan said consumers, once again, are the backbone quietly propping up the American economy.

Fortune

Dollar Gains on Solid US Economic News

The dollar index (DXY00 ) today is up by +0.52%. The dollar is climbing today on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains on signs of strength in the US economy after weekly jobless...

Barchart

UK businesses face a big tax hike. So what does it mean for workers and the economy?

Employers in the UK are about to be hit with a hefty tax rise. From April 1 2025, their national insurance contributions are rising to 15% on salaries above £5,000, instead of 13.8% on salaries above £9,100.

The Conversation

How Covid changed the British state

Surge in national debt and NHS backlog altered the economy and expectations around crisis management

The Guardian - UK

Bank of England says companies freezing hiring plans as it keeps interest rates on hold

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions

The Guardian - UK

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Euronews

Swiss National Bank cuts policy rate further as low inflation persists

Swiss National Bank continued to lower interest rates in March, while highlighting that external geopolitical risks could still be a threat to the Swiss economy and exports.

The Guardian - UK

Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

The Independent UK

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The nine-member Monetary Policy Committee is expected to keep the bank’s…

The Independent UK

Stock market today: Asian shares are mostly higher after advance on Wall Street

Asian shares are mostly higher following an advance on Wall Street after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

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International Business Times

Warren Buffett Warns That Trump's Tariffs Is An 'Act of War' As Markets Face A Major Correction

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

International Business Times UK

Nasdaq Composite Jumps 400 Points After US Fed Keeps Rates Unchanged, Forecast Two Rate Cuts in 2025

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.

International Business Times UK

Warren Buffett Warns That Trump's Tariffs Is an 'Act of War' as Markets Face a Major Correction

AAP

New Zealand's economy returns to growth with GDP lift

New Zealand's economy shrank by 0.5 per cent in 2024, led by a major 7.3 per cent contractions in the construction sector.

The Independent UK

Brexit much less damaging to British exports than claimed, says Hunt

The former chancellor said he believed ‘many claims about the impact of Brexit upon the UK’s economy were exaggerated’.

Barchart

Stocks Rally as Fed Chair Powell Says the US Economy Remains Strong

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.92%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.30%. March E-mini S&P futures (ESH25 ) are up +1.11%, and March E-mini Nasdaq futures...

Fortune

Jamie Dimon on tariffs, geopolitics—and the misery facing the bottom 20% of U.S. earners

The JP Morgan CEO said many consumers are suffering in the current economy.

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