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The Latest Breaking News from Economy

The 'Great Lock-In' is more than a Gen Z TikTok trend—it's a rejection of millennials' 'soft life' and taking back power in this economy

Remember when "hustle culture" was a thing, then generation burnout? That's such a millennial way of looking at things.

Fortune

Washington to Westminster: US Deniers Steer Nigel Farage Climate Agenda, Risking £200bn Green Sector Collapse

Nigel Farage's Reform UK, steered by Heartland Institute climate deniers, threatens net zero goals and £200bn green sector jobs. 2025 data warns of collapse

International Business Times UK

Rachel Reeves admits economy is ‘stuck’ as she confirms business rates overhaul

British Retail Consortium said the business rates system is ‘outdated, overly complex and economically damaging’

The Independent UK

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Chancellor says economy ‘stuck’ as Treasury reviews business rates cliff edges

The Treasury said it would consider overhauling small business rates relief rules which ‘can discourage’ expansion and investment

Evening Standard

France Political Crisis Looms Over ECB Meeting

France's political crisis will likely take centre stage at a European Central Bank meeting Thursday, with turmoil in the eurozone's second-biggest economy causing a fresh headache for policymakers.

International Business Times

PayPal Crypto Executive Steve Everett Calls Startup's Stablecoin-Powered Agent Network A 'Killer Combination' For Global Commerce

PayPal (NASDAQ:PYPL) is betting that a "killer combination" of stablecoins and blockchain-based infrastructure can unlock a new machine-driven economy.

Benzinga

Trump Approval Rating Falls To 2025 Lows After Jobs Report: View On President's Economy Hits Record Lows

Voter confidence in President Donald Trump dropped after the latest jobs report, as a slowing labor market comes amid record highs for the stock market.

Benzinga

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Jamie Dimon gives pessimistic outlook on US economy and says full impact of Trump tariffs hasn’t happened yet

Economy ‘weakening’ though recession isn’t certain, JPMorgan’s Dimon says

The Independent UK

The Great Fed Pivot Is Here—Jeremy Siegel Backs Sub-3% Rates Ahead

The Federal Reserve's long-awaited pivot toward easing monetary policy is almost here, with a September interest-rate cut now "a near certainty", according to Jeremy Siegel, Wharton professor emeritus and WisdomTree chief economist.

Benzinga

Jamie Dimon says economy is 'weakening' but even he can't make sense of all the different data: 'Maybe, one day, AI will fix that problem'

The economy produced nearly a million less jobs than first thought. "Whether that is on the way to recession or just weakening, I don’t know," Dimon told CNBC.

Fortune

Here's what we should replace GERS with, and why

This year's GERS figures put Scotland’s public sector deficit figure at £26.2bn, up from £21.4bn the previous year. Maybe there is no one to…

The National (Scotland)

US Economy Weaker Than Thought As Jobs Revised Down By 911,000

The benchmark revision slashed employment gains by nearly one million, suggesting that hiring had been far weaker than policymakers, investors and businesses previously believed.

International Business Times

Lucy Guo, Billionaire Behind Scale AI, Launches Passes For Celebs Like Olivia Dunne And Bella Thorne To Transform Creator Economy

Lucy Guo, the 30-year-old billionaire who co-founded Scale AI with Alexandr Wang, is now focusing her energy on a new business in the crowded creator subscription market.

Benzinga

Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

Fortune

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Benzinga

Jamie Dimon Warns Of 'Weakening' US Economy, But Doesn't 'Know' Whether Its Nearing Recession: 'Have To Wait And See'

JPMorgan Chase CEO Jamie Dimon has expressed concerns about the U.S. economy, following a significant revision in the Labor Department’s job data.

Al Jazeera

US firms in China most pessimistic since 1999, survey says

Just 41 percent of US firms optimistic about the five-year business outlook in China, chamber of commerce says.

The Independent UK

Trump polls higher on immigration and crime than on the economy

IN FULL

The Independent UK

New poll shows Trump losing ground in overseeing the economy with a majority now disapproving

The poll comes amid grim job numbers, showing the economy added just 22,000 jobs in August

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Evening Standard

New Business Secretary Peter Kyle to reopen UK-China trade talks in Beijing

Mr Kyle’s trip forms part of the UK Government’s drive to revive UK-China trade ties and boost the British economy.

Benzinga

Trump Slams Fed After Historic Jobs Revision—Is It 'Too Late' To Fix It?

The stunning 911,000-job downward revision from the Bureau of Labor Statistics has prompted President Donald Trump to once again slam the Federal Reserve as dangerously behind the curve—questioning whether it's already too late to fix the damage.

Fortune

The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows 'AI is automating away tech jobs,' economist says

"The revision shows the economy entered 2025 with less momentum than previously understood,” said Bill Adams, Chief Economist at Comerica Bank.

The Conversation

Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading

Unveiling Amazon Web Services’ long-awaited NZ$7.5 billion “cloud region” – a cluster of local data centres – Prime Minister Christopher Luxon specifically referenced Ireland and Singapore as “two economies we often look to for inspiration on investment and technology”.

Fortune

Americans haven’t been this pessimistic about finding a new job since a bleak stretch of the Great Recession

Pessimism is "most pronounced for those with at most a high school education," according to the New York Federal Reserve.

Fortune

Trump's fury at Jerome Powell for being 'too late' to cut rates just got extra juice from another shocking jobs number

The U.S. economy created 911,000 fewer jobs than initially thought from March 2024 to March 2025, the Bureau of Labor Statistics revealed.

The Independent UK

New data shows the job market was much weaker than thought in 2024 and so far this year

The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy

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