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The Latest Breaking News from Economy

Damascus stock exchange reopens after 6-month closure

Trading has resumed on the Damascus Securities Exchange after a six-month closure, as Syria’s new leaders attempt to shore up the country’s battered economy and begin rebuilding after nearly 14 years of civil war

The Independent UK

America's Tourism Crisis: Global Travellers Shun US Over Political Chaos

Global travellers are shunning the US, spooked by political turmoil and tariffs, costing the economy billions. Can America win them back?

International Business Times UK

Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows

Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending

The Guardian - AU

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No one more to blame for cost of living crisis than Nigel Farage, says Stephen Flynn

STEPHEN Flynn has claimed that no one has contributed more to the cost of living crisis than Reform UK leader and “Brexit’s biggest champion”…

The National (Scotland)

Airbnb scams: new book explores thriving criminal activity on big tech platforms

Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

The Conversation

How Bahrain uses its small size—and being Saudi Arabia’s neighbor—to its advantage

"Bahrain is the testing ground for countries in the region," said Noor Al Khulaif, minister of sustainable development.

Fortune

Want to see where Trump’s tariffs are leading US business? Look at Georgia

The political swing state has a $900bn economy, with hospitality, industrial manufacturing – and movies

The Guardian - US

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International Students Contributed Record-Breaking $44 Billion To U.S. Economy During Past Academic Year: Report

During the 2023-2024 school year, a record-breaking 1.1 million international students contributed $44 billion to U.S. economy. The Trump recent administration's policies could have devastating effects.

Latin Times

TV Newsance 301: The 4th largest economy, Bharat, wins yet again!

This week, Abhinandan Sekhri, standing in for host Manisha Pande, looks at the tough questions asked by our mainstream media. Republic TV did ask tough questions this week. Not of leaders like Brij Bhushan Sharan Singh who was acquitted in a POCSO case, but of an irrelevant actor like Dino…

Newslaundry

Trump says US will raise steel tariffs to 50 percent at Pennsylvania rally

In his campaign-style speech, Trump also hailed a ‘blockbuster agreement’ between Japan’s Nippon Steel and US Steel.

Al Jazeera

Canada Growth Up But Trump Tariffs Starting To Hurt

Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold.

International Business Times

Revealed: The best and worst US airlines for carry-on baggage allowance

We analyzed the often convoluted baggage rules and fees for the nine biggest American carriers and discovered that some are definitely more generous than others when it comes to leeway with luggage

The Independent UK

Inside India’s shadow wealth: Just 3 lakh crorepatis in a nation of 1.4 billion

India’s wealthy elite love their cash – not just for convenience, but for what it hides. Despite a surge in digital payments, stacks of unaccounted currency still fuel real estate deals and many economic activities in the informal part of the economy, leading to tax dodging and funding of election…

Newslaundry

Labour's migration crackdown will shrink UK economy, expert analysis says

LABOUR’S crackdown on migration will shrink the UK economy, making tax rises and spending cuts more likely, expert analysis has found ...

The National (Scotland)

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Everybody Loves Your Money

These 8 Cities Offer Safety, Affordability—and Zero Nightlife

Looking for a place to live that’s calm, safe, and easy on the wallet—but where the streets go quiet after dark? While many cities pride themselves on their booming nightlife scenes and endless social energy, not everyone is looking for that kind of vibe. Some prefer the low hum of…

The Guardian - UK

Over a barrel: lack of sugar throws Cuba’s rum industry into crisis

This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy

Barchart

S&P Futures Tick Lower on Renewed Tariff Concerns, U.S. PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM25) are trending down -0.17% this morning as investors grappled with fresh uncertainty surrounding U.S. President Donald Trump’s tariff policies and looked ahead to the release of the Federal Reserve’s first-line inflation gauge.

Fortune

AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO

Scammers can now use AI tools to generate multiple live video fakes of real people—and request money transfers.

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Euronews

US economy falls 0.2% in the first quarter, hit by Trump's trade war

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes.

Newslaundry

India’s FDI story is a mirage and the numbers prove it

Late last week multiple news outlets reported that in 2024-25, gross foreign direct investment (FDI) into India hit $81 billion, up nearly 14 percent from the previous year – a stat that made headlines.

Al Jazeera

US to revoke Chinese student visas: What’s the likely impact?

One in four foreign students in the US is from China. They add billions of dollars to the US economy.

Evening Standard

UK renters hit hardest by inflation as household costs surge

Spiralling rents for the UK’s 5.5 million private tenants continued to outstrip broader price rises in the economy last year.

The Independent UK

Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate

Euronews

Trust in EU at 18-year high but fears for economy rising

Regular poll confirmed trend of recent months for uptick in approval for and trust in EU, against fragile geopolitical backdrop.

The Conversation

Is Sudan’s war the reason for South Sudan’s economic crisis? What’s really going on with oil revenue

The civil war in Sudan between the Sudanese army and paramilitary Rapid Support Forces, which began in April 2023, has had an impact on its neighbours. One of the most keenly affected countries is South Sudan, which became an independent state in 2011 and went on to endure its own…

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