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The Latest Breaking News from Economy

Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – as it happened

New York stock market posts heavy losses, as investors have a ‘wake-up call’ about risks of recession under Donald Trump

The Guardian - UK

Monday briefing: As China works out a path for the Trump era, it has plenty of its own problems to deal with

As the annual Two Sessions summit comes to an end, here’s what we learned about Beijing’s priorities, its economic woes – and the opportunity it sees in the second Trump term

The Guardian - UK

Trump declines to rule out US recession as tariffs spook investors

US president says economy is in a “period of transition” amid uncertainty over his trade policies.

Al Jazeera

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Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs

Asian stocks have had a mixed start to the week as uncertainty over what President Donald Trump will do with tariffs persists

The Independent UK

Hong Kong, Shanghai Lead Losers On Mixed Day For Asian Markets

Shares in Hong Kong and Shanghai sank Monday on a mixed day for Asian markets after data showing Chinese consumer prices slipped back into deflation stoked fresh concerns over the world's number two economy.

International Business Times

Who is Mark Carney? Canada’s prime minister who won an election fighting back against Trump

Carney is getting set to face President Trump after repeated promises to stand up for his country amid a bitter trade war with the U.S.

The Independent UK

Study comes as trade unions press case for workers rights reform as employment legislation returns to the Commons this week

The Independent UK

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Huge cost to the economy of work-related ill health – TUC

Days lost because of health conditions such as stress, depression and anxiety have increased by a third since 2010, a study suggests.

Evening Standard

Anthony Albanese gains in Newspoll, but the race remains neck-and-neck

A national Newspoll, conducted March 3–7 from a sample of 1,255, gave the Coalition a 51–49 lead, unchanged since the previous Newspoll, three weeks ago. Primary votes were 39% Coalition (up one), 32% Labor (up one), 12% Greens (steady), 7% One Nation (steady) and 10% for all Others (down two).

The Conversation

New Canadian PM Mark Carney vows to fight US trade war ‘until Trump shows respect’

Mark Carney hit out at Donald Trump for trying to ‘destroy the Canadian way of life’ as he vowed to fight and win the US trade war

The Independent UK

‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

President downplays recent stock market volatility that followed his ducking and weaving over tariff policy

The Guardian - US

Mexico's Biggest Bank Predicts Zero Growth, Recession—Trump's Tariff Threats Labeled as Major Risk

Banamex predicts that the Mexican economy will not grow this year if 25% tariffs on all Mexican products are imposed.

Latin Times

China Consumption Slump Deepens As February Prices Drop

Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kickstart spending and trade headwinds intensifying as US tariffs kick in under Donald Trump.

International Business Times

Consumer prices fell in China in February and remain flat in a sluggish economy

Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holiday

The Independent UK

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Fortune

Billionaire investor Mark Cuban warns 'this is how recessions start' as federal cuts ripple through economy

“This is a bigger issue than people realize. Not just jobs lost. But their families losing benefits. Landlords losing tenants. Cities and towns losing revenue.”

Fortune

Jerome Powell says the ‘net effect’ of the Trump administration’s policies on trade, immigration, fiscal policy, and regulation will determine interest rates in the future

The Fed chair reassured an audience at the University of Chicago the economy was in a “good place” despite “elevated uncertainty.”

Fortune

'America First' policies are threatening American exceptionalism as the economy and markets flash warning signs

"We are still betting on the resilience of consumers and the economy. However, Trump Turmoil 2.0 is significantly testing the resilience of both."

The Independent UK

US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending

President Donald Trump's flurry of tariffs, government layoffs and spending freezes may be doing more to harm the U.S. economy than to fix it

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The Independent UK

Trump Treasury secretary says economy slowdown just ‘detox’ as government spending switches to private sector

Donald Trump’s new Treasury secretary blew off the apparent slowdown in the nation’s economy as nothing more than “detox” as government spending switches to the private sector.

The Independent UK

WSL contributes £37.5m less to UK economy due to ban on women’s football – study

The Play Gap report sets out to quantify where the women’s game in England would be now were it not for the historical 50-year ban.

Barchart

Stocks Bounce Back as Fed Chair Powell Says the Economy is Fine

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. March E-mini S&P futures (ESH25 ) are up +0.51%, and March E-mini Nasdaq futures...

Kiplinger

Stock Market Today: Stocks Swing Higher on Powell Speech

Investors cheered after Fed Chair Powell repeated his confidence in the strength of the U.S. economy.

Barchart

Dollar Slips on a Dovish US Feb Payroll Report

The dollar index (DXY00 ) Friday fell by -0.20% and posted a 4-month low. The dollar has fallen every day this week and remains under pressure due to the negative impact of US tariffs on the US economy. Losses in the dollar accelerated Friday on the dovish US Feb payroll...

The Independent UK

Maria Bartiromo says a ‘recession’ is coming — but ‘it would be Biden’s recession’

‘We’ll see if Joe Biden’s recession shows up,’ Maria Bartiromo declared on Friday morning

The Guardian - US

US economy facing potential slowdown amid ‘heightened uncertainty’, says Fed chair

Federal Reserve head Jerome Powell said it was in no rush to cut interest rate as government overhauls key policies

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