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The Latest Breaking News from Economy

US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment, which in April dropped 32% to lowest level since 1990 recession

The Guardian - US

U.S. corporate earnings growth is on the road to zero

We already knew the U.S. economy would slow down—then came the regime uncertainty spawned by Trump’s policies.

Fortune

‘Crucial’ skills needs will not be met unless system changes, MSPs told

Industry leaders expressed concerns they are being ‘heard’ but ‘not being listened to’ by the Scottish Government.

Evening Standard

From analysis to the latest developments in health,
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Viagra and Mounjaro panic-buying could explain Ireland's 200% export surge to U.S.

U.S. multinational activity propelled the Irish economy to 3.2% growth in the first quarter, as Trump fears come into focus.

Fortune

German Growth Better Than Expected But Tariff Turmoil Looms

Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for the incoming government of conservative Friedrich Merz even as US tariffs threaten to derail the nascent recovery.

International Business Times

Eurozone Economy Grows More Than Expected Despite US Tariff Turmoil

The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.

International Business Times

President Trump says voters signed up for his economic policies—but consumer confidence is at its lowest in five years

President Trump said Americans signed up for some economic discomfort arising from tariffs when they voted him into the Oval Office.

Fortune

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Eurozone GDP beats expectations with 0.4% growth in first quarter

The eurozone economy grew 0.4% in Q1 2025, doubling the previous quarter's pace and beating forecasts. Ireland led growth, followed by Spain, while Germany rebounded.

Euronews

After 100 days, Trump has destroyed Trumpism

The president’s approach: tackle problems that don’t exist via policies that won’t work

The Guardian - US

What uncertainty? Grab upgrades forecast and claims tougher economy might help its ride-hailing business

COO Alex Hungate noted that Grab has an "almost counter-cyclical approach", as people consider gig work as a hedge against job losses.

Fortune

Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook

Europe’s economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war

The Independent UK

Trump claims shrinking US economy ‘nothing to do with tariffs’ as GDP drop raises risk of recession – as it happened

US on brink of ‘Trumpcession’ after jump in imports weighs down GDP… US president blames predecessor

The Guardian - UK

China manufacturing activity plummets amid Trump tariff war

Index of activity drops to lowest reading since December 2023 as a result of ‘sharp changes’ in international trading

The Guardian - UK

China's export orders dip in April as Trump's tariffs begin to bite

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

The Independent UK

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The Independent UK

Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next

The Guardian - UK

Labour not protecting people, economy and homes from climate crisis, watchdog says

Plans to protect UK from extreme weather are inadequate, Climate Change Committee says in scathing assessment

The Conversation

Mark Carney won: Here are the key economic priorities for his new government

The Liberal Party led by Mark Carney has secured a fourth consecutive term in government. This victory has come at a time when Canada is facing an unprecedented threat to its economic security and sovereignty from United States President Donald Trump.

StockNews.com

Becoming More Bullish on Stocks, But...

Stocks are on a roll with the S&P 500 (SPY) up more than 10% from the recent lows. Before you start getting too giddy, you should read this updated market outlook and trading plan Steve Reitmeister.

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Al Jazeera

Consumers, businesses less upbeat about US economy despite Trump’s hype

Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.

International Business Times

Base Officially Reaches Stage 1 Decentralization – What's Next For Popular Layer 2?

Base has reached Stage 1 Decentralization, marking a major leap in the Layer 2 blockchain's vision of providing the global onchain economy with an open and decentralized ecosystem that's accessible to all.

The Guardian - US

The uniting theme of Trump’s presidency? Ineptitude

From deportations to human rights to the economy, the president’s actions have resulted in mayhem. Here’s a sampling

The Guardian - US

Jon Stewart on Trump’s first 100 days: ‘I am so tired’

Late-night hosts discuss chaos and lies in Donald Trump’s first 100 days in office, and his blue suit at the pope’s funeral

International Business Times

Multiple Challenges Await Canada's Carney

Canadian Prime Minister Mark Carney celebrated election victory on Tuesday, but he admits "daunting" challenges await, including handling Donald Trump and reshaping the economy.

Fortune

People feel so bad about the economy because of tariffs and inflation that consumer confidence sank to a 13-year low

President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.

The Independent UK

America gives Trump an F: More voters pick failing grade than any other for his first 100 days

President’s political standing is worsening, driven by views of his handling of the economy and tariffs

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