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The Latest Breaking News from Economy

Labour MPs face a serious dilemma on asylum seekers – but this is not the way out of it

The party sees its harsh policies as politically necessary. But what happened to talking up the value of migrants for a thriving economy and society, asks Guardian columnist Polly Toynbee

The Guardian - UK

Jeff Bezos Warns of a Market Crash in the Coming Months, Advises People Against Big-Ticket Purchases

Amazon founder Jeff Bezos urges consumers to delay large purchases and advises small businesses to pause capex and acquisitions amid growing fears of an imminent market crash.

International Business Times UK

Trump Voters Reveal Cost-Of-Living Struggles, Claim Crisis Has 'Only Gotten Worse'

Loyal Donald Trump voters in key swing states express regret as the cost-of-living crisis worsens. Discover why supporters feel 'let down' by the President's economic policies and how White House insiders are urging a pivot before the 2026 midterms.

International Business Times UK

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Europe’s economy is geared towards a disappearing world, says ECB’s Lagarde

Central bank chief warns that the bloc’s dependence on third countries for trade and security has left it vulnerable

The Guardian - UK

Mexico Reports Historic Inflow of Foreign Investment Amid Slowing Domestic Economy

Mexico reported a record level of foreign direct investment in the third quarter despite uncertainty surrounding U.S. trade policy, according to preliminary government figures released this week.

Latin Times

Half of Shoppers Are Planning To Spend Less This Holiday Season: How Will That Affect the Economy and Your Wallet?

Here's how a leaner holiday season could shape the economy and your wallet in unexpected ways.

GOBankingRates

Eurozone economy grows again, but one big problem isn’t going away

Services are fuelling eurozone growth, but weak manufacturing and rising costs continue to weigh on the economy.

Euronews

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Budget cannot see UK ‘muddle through’, says Reeves

The Chancellor stressed that the UK must take a ‘different path’ on the economy.

Evening Standard

Japan OKs $135 billion stimulus package to help revive its sluggish economy

Japan's Cabinet has approved a $135 billion stimulus package to help spur the economy and relieve the impact of higher prices

The Independent UK

Lib Dems to force vote on creating new customs union with EU

Ed Davey’s party believes the move is the best way to ‘turbocharge’ economy, rather than tax rises

The Guardian - UK

Top Economist Warns September Jobs Report Is Warning To 'Cut Back On The Economic Junk Food'

Despite a September jobs report that saw the U.S. economy add 119,000 positions—more than double the expectations of forecasters—top economist Justin Wolfers is urging caution, warning that rising unemployment signals it is time for the country to “cut back on the economic junk food.”

Benzinga

10 Industries Gen X Has Quietly Taken Over While Everyone Looked Away

Boomers are retiring, and Millennials dominate the headlines. Meanwhile, Generation X is running the world. The “Latchkey Generation” has quietly ascended to power. However, they aren’t making noise; they are making decisions. From boardrooms to specialized trade, this cohort controls massive sectors of the economy. Yet, few people notice their…

Budget and the Bees

‘Beating them by 25 points’: Trump thinks he’d win against the Founding Fathers, but 76% of voters are too broke to care

As the economy falters, Trump campaigns against dead presidents.

We Got This Covered

‘It’s fabulous’: Swansea on cloud wine for Beaujolais Nouveau Day

A once-niche wine event has morphed into a sprawling get-together, powering bars, salons and the local economy

The Guardian - UK

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GOBankingRates

Millionaires Now Own Nearly Half of the World’s Personal Wealth — Here’s What It Means

Millionaires now control nearly 50% of global personal wealth. Here's what extreme wealth inequality means for the economy, social mobility and your future.

Evening Standard

Rural communities feel forgotten about, minister told

The Environment Secretary sought to highlight work the Government is doing to drive growth in the rural economy.

Personal Finance Advice

From Garage Sale to Goldmine: When a $1 Comic Becomes a $10,000 Find

Everyone wants to go from garage sale to goldmine when it comes to selling old items, especially in this economy. Now that billion-dollar comic book films are ubiquitous, almost everyone knows about flipping comic books for profit. However, you must know about the value of the comic, how the collectibles…

GOBankingRates

4 Reasons Economic Instability Makes Crypto a Risky Investment

With the economy's next move anyone's guess, the financial pros caution that the same volatility making crypto high-reward is amplifying its high-risk factor.

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Evening Standard

'As bad as Kwasi Kwarteng': Rachel Reeves' popularity hits record low in new poll days before Budget

The grim finding for the Chancellor comes despite the UK economy outpacing France, Germany and Italy

The Conversation

Economic forecasts point to a Democrat win in the 2026 US midterm elections

The resounding victories in recent elections by Democrats Zohran Mamdani in New York, Abigail Spanberger in Virginia and Mikie Sherrill in New Jersey has reinvigorated the party after a dismal year since Donald Trump became president.

The Independent UK

US economy added a surprising 119,000 jobs in September, two-months-late jobs report reveals

The Bureau of Labor Statistics releases the report after the longest government shutdown in history

GOBankingRates

I Asked ChatGPT If I Can Retire on $500K: Here’s What It Said

While $500K may seem like a lot of money, when aiming at retirement, today's economy is proving difficult for many retirees of all degrees of wealth.

The Independent UK

Walmart raises profit expectations as more Americans hunt deals in sluggish economy

Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the economy

Euronews

What to expect from US jobs report after lengthy data blackout?

Economists are predicting that 50,000 employees were hired in September, a slow improvement from August. The jobs report will be the final complete monthly update before the Fed's interest rate decision in December.

We Got This Covered

‘It was an amazing time’: Donald Trump fondly remembers the COVID pandemic, loved being ‘the King of Ventilators’

Well, with RFK Jr around, maybe we'll get another pandemic soon.

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People

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Office for National Statistics

the Bureau of Labor Statistics

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