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The Latest Breaking News from Economy

Eric Trump's Fed Prediction Shows White House Aware Of Economy's 'True Underlying Weakness,' Says Peter Schiff: Warns Of 'Soaring Inflation'

Economist Peter Schiff is raising concerns regarding a recent comment made by Eric Trump, the son of President Donald Trump, suggesting that it may reflect broader views of the White House on the state of the U.S. economy.

Benzinga

Consumer Tech News (Sep. 22 – Sep. 26): US GDP Rebound, Shutdown Threat, AI Push by Big Tech, and Corporate Earnings Beats

The U.S. economy grew at a 3.8% annual rate in the second quarter, its fastest pace since the third quarter of 2023 and above the long-term trend.

Benzinga

What are droughts and how worried should we be about them?

Rising global temperatures are making dry spells longer and more intense, with profound effects on health, food and the economy

The Guardian - UK

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Ray Dalio Predicts 'Very, Very Dark Times,' Trump's Tariffs Bring In $350 Billion And Gold Nears $3,800: This Week In Economy

The past week was filled with significant economic events and market movements. From a billionaire investor’s ominous warning to a controversial tariff’s financial impact, here’s a quick recap of the week’s top stories.

Benzinga

Would you pay for an empty seat? This European budget airline has launched a neighbour-free upgrade

A 2023 consumer survey found that 42 per cent of passengers would consider paying a fee to have the middle seat empty.

Euronews

A gauge of future home sales just turned negative—despite 9 straight weeks of falling mortgage rates

“A lot of buyers are hesitating because they’re worried about potentially losing their jobs, losing money in their stock portfolio, and the economy in general."

Fortune

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.

Fortune

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Trump's Approval Rating Takes Small Hit in Latest Poll

In the face of growing economic concerns and increasing prices, President Donald Trump‘s approval rating has experienced a minor drop.

Benzinga

Budget blow for Reeves as UK’s key economic forecast slashed

Exclusive: Budget watchdog is set to downgrade a key economic performance indicator for the UK in a move that could drive tax hikes – as chancellor tries to shift blame on to Tories

The Independent UK

Government Shutdown Looms: What It Means For The Economy

With a matter of days remaining in the fiscal year and no full-year funding or stopgap deal in place, the U.S. government could shut down at 12:01 a.m. ET on Oct. 1, stalling vital services, furloughing hundreds of thousands of federal workers and weighing on the economy if lawmakers fail…

Benzinga

JD Vance admits groceries and housing are too expensive but bizarrely blames Biden

‘I would say they're too expensive because we inherited a disastrous Biden economy, and we're making progress,’ the Vice President told Fox News

The Independent UK

Economic Growth Picks Up, But Inflation Still Pressures The Fed: This Week In Markets

The U.S. economy closed the second quarter with a final GDP growth rate of 3.8% — its strongest performance since the third quarter of 2023 and above the long-term average pace.

Benzinga

Potteries brand is world-class. It must be saved

Letters: Joan Walley on why ceramics remain essential to the national economy, Dave Proudlove on green energy and Josiah Wedgwood’s marketing genius, and Sebastian Lazell on a lack of support from the government’s industrial policy

The Guardian - UK

Recession warnings are looking flat wrong as consumers power the economy forward

New data out Friday confirms that consumers are still spending and businesses are still investing.

Axios

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The Conversation

Nigel Farage’s pledge to end indefinite leave could hurt the economy even before an election

Nigel Farage’s proposal to abolish indefinite leave to remain is a shifting of the goalposts for those who have already come to the UK legally and settled.

International Business Times

US Fed's Preferred Inflation Gauge Rises, With More Cost Pressures Expected

The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, government data showed Friday, with analysts warning of further cost pressures after President Donald Trump unveiled a slew of upcoming duties.

The Conversation

How sea star wasting disease transformed the West Coast’s ecology and economy

Before 2013, divers on North America’s west coast rarely saw purple sea urchins. The spiky animals, which are voracious kelp eaters,- were a favorite food of the coast’s iconic sunflower sea stars. The giant sea stars, recognizable for their many arms, kept the urchin population in check, with the help…

Benzinga

Direxion's TECL, TECS ETFs Allow Traders To Speculate On Tech's Wild Ride

As an eventful year in 2025 marches toward the final stretch, the broader economy has been hit with several headwinds, ranging from the geopolitical impacts of tariffs to a weakened labor market. Subsequently, many experts fear that the U.S. may soon face stagflation. But despite the myriad warning signs, one…

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Axios

Latinos sour on Trump over tariffs, economy, immigration raids

Their rising discontent could mean trouble for the GOP heading into the 2026 midterms.

International Business Times UK

Britain Is Now The 'Sick Man Of G7' As Anxiety Levels Among Brits Soar – Here Are The Alarming Numbers

Britain faces record disability claims for anxiety and depression, with nearly 650,000 on PIP and rising costs fueling concerns over the economy.

Benzinga

Scott Bessent Says Trump Is Right To Question The UN Because He Is Solution Driven: 'That's What Real Leadership Looks Like'

Treasury Secretary Scott Bessent on Thursday praised President Donald Trump as "solution-driven" and said the president was right to call out the United Nations' shortcomings on immigration, energy and the economy.

International Business Times

Poland Cools On Ukrainians Despite Their Economic Success

Warsaw's central business district is booming alongside Poland's economy, but those teaching yoga and taking coffee orders in bustling premises under glass and steel office towers are often Ukrainian.

The National (Scotland)

Scotland faces major loss to economy if international student levy plans go ahead

Scotland would see the second biggest loss to the economy out of all UK regions if Labour's proposed international student levy goes ahead, analysis…

International Business Times

Asian Markets Drop As US Data, New Tariff Threats Dent Sentiment

Markets retreated Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the world's biggest economy faring much better than expected and fresh tariff warnings from President Donald Trump.

Evening Standard

Student visas crackdown and new levies to cause ‘£1.8bn loss’ to UK economy – with London hit hardest

The Government has proposed a 6 per cent tax on international student tuition fees and a reduction in graduate visas

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