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The Latest Breaking News from Economy

How the EU aims to put the squeeze on the Russian economy with new sanctions package

Key measures include a lower oil price cap, Nord Stream transaction ban and a full ban on Russian bank deals

The Independent UK

Retirees, here’s how to tweak the 4% rule to protect your nest egg

New retirees might enter a different environment than their predecessors — the economy or market might have changed slightly or dramatically

The Independent UK

Trump’s tariffs are tipping Europe toward recession

The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.

Fortune

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S&P Futures Gain as Strong U.S. Economic Data and Earnings Boost Optimism

September S&P 500 E-Mini futures (ESU25) are trending up +0.19% this morning, extending yesterday’s gains as rising confidence in the strength of the U.S. economy and positive earnings reports bolstered investors’ risk appetite.

Barchart

Elizabeth Warren fears Trump's next Fed pick won't have the 'brains and guts' to stand up to him

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

Fortune

Asian shares mostly advance after Wall Street cruises to more records

Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies

The Independent UK

China Mulls Economy-boosting Measures To Counter 'Severe Situation'

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

International Business Times

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Ukraine appoints new prime minister in major government reshuffle

Incoming Prime Minister Yulia Svyrydenko says she will focus on weapons production and the economy in her new role.

Al Jazeera

Japan's SMEs Ready To Adapt To Trump Tariffs

Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan's economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump.

International Business Times

Brazil's Lula Calls Trump's Tariff Threat 'Unacceptable Blackmail'

Brazilian President Luiz Inacio Lula da Silva on Thursday slammed Donald Trump's threat to impose 50 percent tariffs on Latin America's largest economy as "unacceptable blackmail."

International Business Times

Only a quarter of Americans say Trump’s policies have helped them, new poll finds

A majority of Americans believe Trump has fallen short on key issues such as the economy and immigration

The Independent UK

S&P 500 and Nasdaq 100 Rally to Record Highs on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. September E-mini S&P futures (ESU25 ) rose +0.59%, and September E-mini Nasdaq futures (NQU25...

Barchart

The Feds Just Let Carmakers Off The Hook For Years Of Fuel Economy Fines

With past fines forgiven and the penalty for future infractions set at $0, the CAFE standards are effectively dead.

InsideEVs

Solid US Economic News Lifts the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.29% and posted a 3.5-week high. Signs of strength in the US economy may keep the Fed from cutting interest rates and are supportive of the dollar. Weekly initial unemployment claims unexpectedly fell to a 3-month low, June retail sales rose...

Barchart

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news in one place.

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Benzinga

Wall Street's Big 7 Are Now Bigger Than China's Entire Economy

The combined market capitalization of America's seven largest corporations has now overtaken the entire economic output of China, the world's second-largest economy.

AAP

PM confident of Australian jobs boost after China visit

The prime minister has wrapped up an almost week-long visit to China but the opposition is still calling for ties with allies like the US to be prioritised.

Barchart

Dollar Climbs on Signs the US Economy Is Holding Up

The dollar index (DXY00 ) today is up +0.35% at a 3.5-week high. Signs of strength in the US economy may keep the Fed from cutting interest rates and are supportive of the dollar. Weekly initial unemployment claims unexpectedly fell to a 3-month low, June retail sales rose more than...

International Business Times

Ukraine's New PM: A Deal-maker As Head Of Wartime Government

Yulia Svyrydenko, Ukraine's new prime minister, represents a generation of young Ukrainian politicians who have steered their country through the turmoil of war.

Get all your
news in one place.

100’s of premium titles.
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The Independent UK

Retail sales up a surprising 0.6% in June after a May pullback by consumers

After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy

Benzinga

Johnson & Johnson, Intercontinental Exchange And Bitcoin ETF On CNBC's 'Final Trades'

As the global economy navigates a post-pandemic world, investors are keenly observing evolving market dynamics, including shifts in consumer behavior and technological advancements.

The Independent UK

Jess Phillips agrees the economy ‘isn’t going well’ and it will take time before people feel ‘less skint’

The Home Office minister said the latest rise in unemployment figures were ‘disappointing’

Dot Esports

CS2 skin collectors can finally breathe a sigh of relief thanks to new Steam feature

Skins economy is finally under protection.

Euronews

Trump considered firing Fed Chair but said he is 'highly unlikely' to do so

President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.

Euronews

Japan is facing slowing exports and trade deficit amid threat from Trump's tariffs

Fears of a recession are mounting in the world's fourth-largest economy, after export to the US declined for the second month in a row in June.

Euronews

Retaliatory tariffs: Which EU countries could be impacted the most?

Ireland, Germany and the Netherlands are three of the most exposed countries should the EU decide to impose countermeasures on US imports — following Washington’s threat to charge 30% on EU goods.

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Luiz Inacio Lula da Silva

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