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The Latest Breaking News from Economy

Everything Is Fine: Trump's Cabinet Shrugs Off Shrinking Economy

Contraction? What contraction?

International Business Times

Trump bets big on major corporations as Democrats pan 'whipsaw' first 100 days - Roll Call

President Trump's Wednesday speech showed just how much he is betting on executives to put their money where their profit-driven mouths are.

Roll Call

If leaders stay silent, the US won’t survive Trump’s next 100 days

We are tottering on the edge of dictatorship. Powerful voices across institutions, from politics to academia and religion, must speak out

The Guardian - US

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China has identified how to fight back against Trump’s tariffs, and is not ready to back down

US ports are now starting to see scheduled shipments from China decline as the result of Donald Trump’s 145% tariffs on Chinese goods. The port of Los Angeles, the biggest port for Chinese goods in the US, is predicting scheduled shipments in early May to be about a third lower…

The Conversation

Tariff turmoil prompts cloudy forecasts from companies for the year ahead

Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a stark shift in U.S. policy

The Independent UK

Trump blames predecessor as US economy hit by tariff policies

President asks for ‘patience’ as businesses react negatively to Trump’s aggressive efforts to upend global trade.

Al Jazeera

AP PHOTOS: US stocks sink after a weak report on the economy

U.S. stocks are sinking following a discouraging report suggesting the U.S. economy may have shrunk at the start of the year, before most of U.S. President Donald Trump’s announced tariffs could take effect.

The Independent UK

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May Fed Meeting: Live Updates and Commentary

The May Fed meeting is a key economic event, with Wall Street looking to see what Fed Chair Powell & Co. will do with interest rates amid tariff uncertainty.

Kiplinger

Wall Street falls while FTSE 100 regains losses after US economy shrinks

The American economy contracted by 0.3% in the first three months of the year amid Donald Trump’s threats of sweeping trade tariffs.

Evening Standard

Hunger and hardship 'costing Scottish economy billions each year', report warns

HUNGER and hardship are costing the Scottish economy £5.6 billion each year, according to fresh research.

The National (Scotland)

Informal workers in Ghana’s chop bars get no benefit from foreign aid: donors are getting it wrong

Informal street food caterers, popularly known as chop bars, are a key feature of Ghanaian city life. They offer the urban poor the cheapest food.

The Conversation

Square Earnings Due. Will Block Lower Guidance Amid Worries Over U.S. Economy?

Square stock bulls hold out hope that CEO Jack Dorsey can engineer a rebound in 2025 amid growing worries over the economy.

Investors Business Daily

Mexico Avoids Recession Despite Tariff Uncertainty

Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US President Donald Trump's sweeping tariffs, official data showed Wednesday.

International Business Times

These World Markets Are Trouncing The U.S. And Tariffs Aren't The Only Reason

Many ETFs that track foreign markets are up more than 20% this year.

Investors Business Daily

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The Independent UK

Trump defends trying to blame Biden for poor GDP data after repeatedly claiming credit for Democrat’s strong economic numbers

President claims economic downturn has ‘NOTHING TO DO WITH TARIFFS’

International Business Times

Democrats Urged To Present Alternative To Trump's Economy As Approval Rates Slide

A focus group of voters who supported Trump in the last elections shows them increasingly frustrated with the state of the economy. Now Democrats are being urged to capitalize on the situation

Latin Times

Democrats Urged To Present Alternative To Trump's Economy As Approval Rates Slide: 'Time To Provide Real Solutions'

A focus group of voters who supported Trump in the last elections shows them increasingly frustrated with the state of the economy. Now Democrats are being urged to capitalize on the situation

The Independent UK

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business

The U.S. economy shrank 0.3% from January through March, first drop in three years

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The Guardian - US

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

Fortune

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.

Evening Standard

‘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.

Fortune

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.

International Business Times

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.

Fortune

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.

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