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The Latest Breaking News from Economy

Trump and his new handpicked Fed chair—whoever it will be—are going to clash ‘almost immediately,’ economists predict

Capital Economics expects the Fed to cut rates by just 25 basis points next year as the AI boom keeps economic growth robust.

Fortune

Trump rants about First Lady Melania’s ‘panties’ drawer while blasting Mar-a-Lago raid during rambling economy speech

Trump, who has demanded $230 million in compensation after federal probes, increased that figure to $1 billion and weighed giving the sum to charity — or keeping it for himself during campaign-style speech

The Independent UK

Gen Z is open minded about blue-collar work and the Fords of the economy need them — but both sides are missing each other

Clinton Crawford, an automotive technician, said college was pushed on his kids. “That’s good, if that’s for you, but I don’t think it’s for everyone.”

Fortune

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read the most diverse news in one place.

Donald Trump promised a new ‘golden age’ for the US economy. Where is it?

Most Americans have yet to see this boom – but they’ve certainly heard a lot about it from the president

The Guardian - US

Angry Russians turn on Putin over poverty and stagnant economy during marathon press conference

‘Why do ordinary people live worse than Papuans [citizens of Papua New Guinea]?’ hit out one Russian viewer

The Independent UK

American Airlines makes major change to its basic economy tickets

The change in policy only surfaced when a terms and conditions update on the carrier’s website was noticed by frequent flyers on Wednesday

The Independent UK

Sneaking unemployment rate means the U.S. economy is inching closer to a key recession indicator, says Moody’s

“The trends are not our friends here,” said Moody’s economist Cris deRitis.

Fortune

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Bank of England governor delivers warning over AI’s impact on jobs

The Independent UK

Seven-surplus budget target despite growing debt

South Australia is reaping the benefits of growth in jobs and investment, with a budget review predicting four future surpluses.

AAP

What to know about the possible impact of Japan's rate hike

Global investors are bracing for a hike by the Bank of Japan that may take its key interest rate to a 30-year high

The Independent UK

Economic Worries Persist as Approval of Trump's Handling Of The Economy Stays Below 40%, Fox News Poll Shows

A majority of Americans continue to view the U.S. economy negatively and say they are falling behind financially, according to a new report.

Latin Times

The AI efficiency illusion: why cutting 1.1 million jobs will stifle, not scale, your strategy

The canary in the coal mine for the broader economy is the crisis facing Black women.

Fortune

Trump bucked tradition with partisan end-of-year address - Roll Call

Donald Trump broke with past presidents with a prime-time address that some say was an attempt to upend the State of the Union tradition.

Roll Call

Interest rates: Why have they been cut and what does it mean?

Here the Press Association looks at what the decision means and what the Bank of England expects to happen to the economy.

Evening Standard

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The Guardian - UK

Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects

The Guardian - UK

Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close

International Business Times

Trump Announces 'Warrior Dividend,' Defends Economy In Prime-Time Address

Democratic leaders said his speech glossed over persistent cost-of-living pressures faced by Americans.

AAP

Gold, iron ore and population swell big state's coffers

Australia's richest state has unveiled a modest mid-year budget windfall due to strong commodity prices and a growing population.

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Euronews

France's economic outlook for 2026: How heavy is the debt burden?

France’s economic outlook for 2026 remains constrained by rising debt, high deficits, and political deadlock. Growth is set to recover modestly, but limited fiscal consolidation and reform fatigue continue to weigh on the economy.

Euronews

Trump claims economic successes in national address despite growing disapproval

In a televised speech to the nation, US President Donald Trump insisted on political and economic successes amid eroding popularity.

Barchart

Why Short–Term Bond ETFs Might Be the Best Income Investment for 2026

Forget betting on a turnaround in dividend stocks. Try these two ETFs instead.

Reason

Bernie Sanders Wants To Pause New Data Centers To Stop the Economy From Growing Too Much

The socialist senator wants a moratorium on new data centers to slow the AI and robotics industries down.

Fortune

A U.S. oil blockade on Venezuela could ‘devastate’ its economy and further pressure Maduro. But how far is Trump willing to take it?

Questions abound about whether the White House will add new sanctions to oil tankers trekking to Venezuela and how broad the oil blockade will become.

The Conversation

Karoline Leavitt’s White House briefing doublethink is straight out of Orwell’s ‘1984’

During a press conference on Dec. 11, 2025, White House press secretary Karoline Leavitt announced there was good news on the state of the economy.

The Independent UK

Americans are growing more angry with Trump’s handling of the economy, poll finds

“The longer this goes on, the harder it is to get those numbers back,” one pollster said.

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