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The Latest Breaking News from Economy

I Asked ChatGPT How To Make Money in a High-Tariff Economy: Here’s What It Said

I asked ChatGPT how to earn money in a high-tariff economy. ChatGPT delivered very specific suggestions of entrepreneurial endeavors.

GOBankingRates

Why Trump’s attacks on Jerome Powell are raising fears for the US economy

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

Al Jazeera

Brisbane goes for gold with $70b win from 2032 Olympics

The next Olympic Games in Australia is forecast to inject more than $70 billion into the economy over 20 years but an expert has cast doubt over its legacy.

AAP

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Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga

Restoring VAT free shopping will deliver £3.7 billion boost say business leaders

Abolishing the tourist tax will draw in millions of visitors from across the EU argue the Association of International Retail

Evening Standard

Worried About A Recession? These 10 States Have The Strongest, Most Recession-Proof Economies

As we reach the midpoint of the year, recession fears are slowly abating. In May, J.P.Morgan lowered the probability of a recession occurring in 2025 from 60% to 40%. However, it still warned that a period of subpar growth could lie ahead, especially if tariffs remain high.

Benzinga

As Trump’s tariff deadline looms, economists see calm before the storm

Trump’s tariffs have had a limited impact on the global economy so far, but analysts fear the worst is yet to come.

Al Jazeera

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As Canada’s economy faces serious challenges, the Indigenous economy offers solutions

Canada faces economic headwinds due to geopolitical change, including a trade war with its closest economic partner, the United States.

The Conversation

The 'critical' data that could greenlight next rate cut

Economists await key quarterly data that could put the odds firmly in favour of an August interest rate cut, as the Reserve Bank sheds light on its shock hold.

AAP

Money Experts Dan Nathan and Guy Adami on What the Musk-Trump Feud Could Mean for Investors

The richest man in the world feuding with the president could have economic ramifications. Two money experts talked about what that could mean for investors.

GOBankingRates

3 Stocks Offering Diversification in Trump’s Tariff & Trade Reset

Three stocks that balance growth and income as Trump’s tariffs, a weaker dollar, and infrastructure plans reshape the U.S. economy and global trade

MarketBeat

Germany's top firms present Merz with investment push to revive economy

Around 60 leading German companies pledged a major "Made for Germany" investment initiative on Monday, aiming to boost investor confidence in the country after two years of recession.

Euronews

The New Rules of Workplace Benefits: Why Group Health Insurance Still Matters in 2025

In a post-pandemic economy defined by hybrid work, AI disruption, and rising healthcare costs

inkl

UK Fears Immigration More Than Inflation or Healthcare

The Fashion Central

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International Business Times

ECB Expected To Hold Rates As Trump Tariff Uncertainty Lingers

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.

Saving Advice

9 Signs You’re Living a Financial Life Built on Outdated Ideas

The financial world is evolving faster than ever. Strategies that worked for your parents or grandparents may no longer apply in today’s economy. Rising inflation,...

Benzinga

'The Economy Was Roaring' — Suze Orman Breaks Down Why High Oil Prices Don't Always Mean A Market Crash

It's a common belief: when oil prices rise, the stock market takes a hit. Higher fuel costs mean more expensive shipping and manufacturing, which could shrink company profits — right?

Saving Advice

7 Rules Boomers Follow That No Longer Work in 2025

The baby boomer generation grew up with a very different financial and social landscape than what we see in 2025. For decades, certain “rules” were...

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The National (Scotland)

Farage wrecked Britain and risks Aberdeen’s future, Flynn warns

STEPHEN Flynn has accused Nigel Farage of wrecking the UK’s economy with Brexit and now threatening tens of thousands of Scottish jobs in the…

Kiplinger

The Dollar Index Is Sliding. Is Your Portfolio Prepared?

The dollar's fall has been troubling because inflation appears to be constrained and the economy has been strong. Here's what it means for investors.

Fortune

Forget 4 a.m. wakeups—sleep is the new status symbol as CEOs adopt Gen Z 'sleepmaxxing' mindset

Dreams are for sale as glorified hustle culture gets turned on its head and executives tout the performance-enhancing benefits of sleep.

Saving Advice

10 Consumer Trends That Reveal Who’s Really Struggling

The economy might look stable on paper, but consumer behaviors tell a very different story. Rising inflation, stagnant wages, and mounting debt are forcing many...

The Guardian - UK

First Nations leaders walk out of Mark Carney meeting on Building Canada Act

Concerns raised that legislation to ensure economy is less dependent on US was pushed through without consultation

The Guardian - US

Are US tariffs starting to bite? Trump, in denial over rising prices, targets Fed chief Powell

The White House is trying to drive out the Federal Reserve chair. Critics warn it would be a costly bid to pass the buck

Fortune

Americans are the most optimistic about the economy since just after Trump's inauguration

The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."

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