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The Latest Breaking News from Economy

Italian companies operating in Russia funnel €1 billion in taxes to the Kremlin war machine

Since the full-scale invasion of Ukraine in 2022, Italian companies paid over €1 billion in taxes to Russia, half of which went to military spending to finance the ongoing destruction of Ukraine.

Euronews

Delhi Blast Revives FATF Fears Over E-Commerce and Online Payment Abuse in Terror Financing

The Delhi blast underscores terror financing risks linked to e-commerce and online payments, putting India's digital economy and UK-India cooperation at risk.

International Business Times UK

Shutdown to leave mark on US economy from lost paychecks, canceled flights

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy

The Independent UK

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Stocks Finish Sharply Higher on Plans to Reopen the US Government

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.20%. December E-mini S&P futures (ESZ25 ) rose +1.56%, and December E-mini Nasdaq futures...

Barchart

If the Economy Collapses Tomorrow, Would You Be Ready?

It’s a question most people avoid, but one that’s becoming harder to ignore. With rising inflation, global instability, and mounting debt, the possibility of an...

Saving Advice

Green finance was supposed to contribute solutions to climate change. So far, it’s fallen well short

A decade ago, a seminal speech by Mark Carney, then governor of the Bank of England and current Canadian prime minister, set out how climate change presented an economic risk that threatened the very stability of the financial system.

The Conversation

Pollution, poverty and power: the real cost of environmental inequality in the UK

Environmental deaths in the UK are primarily attributed to air pollution, which the Royal College of Physicians estimates contributed to around 30,000 deaths in 2025, costing the economy billions each year. Other environmental risks include climate-related events such as extreme heat, which could cause tens of thousands of deaths annually,…

The Conversation

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The K-shaped economy has come for your wages, as lower-income Americans sees their gains plummet to the weakest rate in a decade

A decade ago, low-income Americans saw the highest income growth, Apollo chief economist Torsten Slok said. Today, the opposite is true.

Fortune

Falling economy air fares bring some cheer amid gloom of flight cuts

Of the 10 busiest routes in the U.S., six have seen year-on-year price reductions

The Independent UK

Why the 2025 federal budget won’t really make Canada strong

Canada’s 2025 federal budget, and those that follow in the coming years, may prove to be the most important since the beginning of the Second World War.

The Conversation

Please Rachel, put businesses out of their misery and get on with the Budget

Businesses are paralysed by fear about costs, tax and the future. The economy is in suspension.

Evening Standard

Stocks Supported by Hopes the US Government Will Soon Reopen

The S&P 500 Index ($SPX ) (SPY ) today is up +1.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.81%. December E-mini S&P futures (ESZ25 ) are up +1.08%, and December E-mini Nasdaq futures...

Barchart

Scott Bessent plays the holiday grinch and warns of shutdown-related cargo shortages ahead of Christmas

Scott Bessent says the impact on the economy is going to get ‘worse and worse’ as the holiday season approaches

The Independent UK

Dollar Recovers Early Losses on Hawkish Fed Comments

The dollar index (DXY00 ) today is up slightly by +0.07%. The dollar recovered early losses today and turned higher after St. Louis Fed President Alberto Musalem said he expects the US economy to bounce back next quarter and there’s limited room for additional Fed rate cuts. Also, higher T-note...

Barchart

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Barchart

Stocks Rally on Optimism that the US Government Will Soon Reopen

The Conversation

Harare’s street traders create their own system to survive in the city

The informal sector has become a dominant source of livelihoods for urban residents in African cities. Within this sector, street trading is one of the most visible and vital components of urban economies.

Benzinga

Are Mag 7 Stocks Driving A 'K-Shaped Economy' As Wealth Gap Widens? Analysts Weigh In

The U.S. economy is increasingly becoming a ‘K-shaped economy,’ with the fortunes of wealthy consumers and those at the lower end of the income spectrum diverging, say analysts.

Evening Standard

Traitors franchise boosted Scotland’s economy by £21.8m, says BBC

The show, including its US and celebrity variants, is filmed at Ardross Castle in the Scottish Highlands.

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Barchart

Stocks Set to Open Sharply Higher as End to U.S. Government Shutdown Nears

December S&P 500 E-Mini futures (ESZ25) are up +0.92%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +1.39% this morning as optimism that lawmakers are nearing a deal to end the longest government shutdown in U.S. history boosted sentiment.

Fortune

The S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers

Part of the growing divide between the rich and the average worker can also be traced back to where these households derive their wealth—namely, from their exposure to the booming stock market of 2025.

Kiplinger

Are Your Employees Quietly Cracking? How to Repair the Cracks Before Everything Breaks

Some employees who are unable to change jobs due to economic conditions are doing only the bare minimum, leading to decreased work quality and team morale.

Benzinga

As Record 40-Day Shutdown Nears End, History Shows Stocks Rally 12 Months Later With S&P 500 Averaging 12.3% Gain

The U.S. Senate is poised to vote to end the record-breaking 40-day government shutdown, potentially bringing relief to federal workers and the economy. For investors nervous about the political gridlock, history suggests the market’s real move comes after the reopening—and it's typically a strong one.

Benzinga

Viktor Orbán Says Trump Promised To Defend Hungary's 'Financial Stability' In Case Of External Attacks

Hungarian Prime Minister Viktor Orbán said he struck a deal with President Donald Trump that would protect Hungary's economy from external threats, deepening ties between two nationalist leaders as Budapest faces mounting pressure from the European Union.

GOBankingRates

3 Failing Industries and How To Transition To a New Field in the Trump Economy

Take a look at three industries that are failing already, with many workers now exploring new opportunities, upskilling and learning to adapt.

AAP

RBA bigwig reveals how economy can escape slow lane

The Australian economy's spare capacity will be key to deciding how many times the Reserve Bank can cut interest rates, a senior official says.

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Marjorie Taylor Greene

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