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The Latest Breaking News from Economy

China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan.

The Conversation

Mali’s economy near standstill amid JNIM fuel attacks

An ongoing fuel blockade initiated by the JNIM jihadist group in Mali has brought the landlocked Sahel nation’s economy to a near standstill. In an effort to isolate the capital, Bamako, and exert pressure on the ruling junta, the militants have intensified their attacks on fuel tankers, prompting Western governments…

Radio France Internationale

50 Cent Invests Millions in Shreveport, One of America's Most Needy Cities, to Build New Entertainment Empire

Rapper-turned-mogul 50 Cent has become one of the largest private property owners in Shreveport, Louisiana, and is investing in a $50 million entertainment district in an effort to boost the city's economy.

International Business Times UK

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Elon Musk, Mark Zuckerberg And Other Top US Billionaires Add $698 Billion Amid Soaring Inequality — Could Trump's Policies Create First Trillionaire?

America’s richest are pulling even further ahead. In the past year alone, the 10 wealthiest U.S. billionaires added $698 billion to their fortunes — a surge that underscores the wealth divide in the world’s top economy.

Benzinga

Brexit and austerity still causing ‘major problems’ for economy – Phillipson

Education Secretary Bridget Phillipson’s comments came after Chancellor Rachel Reeves prepared the ground for tax hikes in her November 26 Budget.

Evening Standard

Minister doubles down on Reeves’ doom warning: ‘We will do what’s right for the future of our economy’

While the education secretary insisted the government takes its manifesto pledges seriously, she said there are ‘major problems’ plaguing the economy

The Independent UK

Fixing Britain’s worklessness crisis will cost employers £6bn a year, report says

The Keep Britain Working review, created to tackle the rising tide of ill health pushing millions out of work, reported its findings ahead of this month’s budget

The Guardian - UK

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UK economy ‘bleeding out’ with brain drain in science and tech, peers warn

The Science and Technology Committee said Britain should be ‘rolling out the red carpet rather than red tape’ for highly skilled professionals.

Evening Standard

Income tax hike of at least 2p likely needed to plug Budget hole, warns Niesr

The economic think tank said the Chancellor needed to make ‘brave choices’ at the upcoming November 26 Budget.

Evening Standard

The Grocery Aisle That Shows Exactly How the Middle Class Disappeared

The American middle class, once the powerful engine of the economy, is shrinking. This “hollowing out” of the middle is not just an abstract economic theory. It is a reality that you can see for yourself in the aisles of your local grocery store. The ice cream aisle, in particular,…

Grocery Coupon Guide

Automation to Trust: The New Currency of Growth

In an AI‑driven economy, where every release carries risk, it is engineering leadership that turns that risk into resilience.

International Business Times

University still pays off – even in lower-wage Britain

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

The Conversation

Stubborn workplace racism sparks call for major inquiry

From exploiting migrants to hindering careers, persistent workplace racism prompts calls for an inquiry similar to the national probe into sex discrimination.

AAP

Goldman Sachs CEO debunks AI job replacement hysteria, saying humans will adapt like they always do: ‘Our economy is very nimble’

“There will be disruption. But I’m a big believer that our economy is very nimble, very flexible,” said David Solomon.

Fortune

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Kiplinger

Tariffs, Inflation, Uncertainty, Oh My: How to Feel Less Stressed About Finances Now

Tariffs, high prices and an uncertain economy getting you down? These steps can help.

The Guardian - UK

Reeves wants to talk about the budget, but she’s taken a vow of white noise

Exclusive: It must be tough overseeing Schrödinger’s economy, fixing the foundations while also failing to fix them

The Conversation

Social work is a serious profession – why not youth work? What South Africa needs to get right

About 3.5 million South Africans aged 15-24 are disengaged from the formal economy and education system. In the first quarter of 2025, 37.1% of young people were not in employment, education, or training.

Everybody Loves Your Money

10 Mobile Apps That Collect Far More Than Location

You probably already know your phone is tracking your location—but what if that’s just the tip of the iceberg? In the era of “free” apps, your personal data is the real product. Every time you grant an app access to your microphone, camera, or contact list, you’re opening the door…

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Latin Times

Economy, Not Immigration, Tops Latino Voter Concerns Ahead of 2026, New Poll Finds

A new national survey has found that economic pressures — not immigration — are shaping Latino political attitudes heading into the 2026 midterms.

The Guardian - UK

There is a thriving shadow economy in Britain – but migrants are not to blame

Labour is desperately trying to mimic Reform’s line on the cash economy, says former policy adviser Emily Kenway

Benzinga

Kevin O'Leary Warns Longest Shutdown Will Halt Economy

Billionaire investor and "Shark Tank" star Kevin O'Leary urged both parties to resolve the federal shutdown before it topples key services, warning that a closure matching the longest in U.S. history would send economic shockwaves "from the IRS to TSA."

AAP

Jump in forecast inflation clouds interest rate hopes

More rate cuts are looking increasingly unlikely as the Reserve Bank concedes it underestimated inflationary pressures that persist in the economy.

The Independent UK

Rachel Reeves to pave way for tax rises in pre-Budget speech

Chancellor’s address to come after weeks of expectation management as she scrambles to fill £50bn black hole

The Independent UK

Tax rises at Budget ‘inevitable’, think tank with close Labour links claims

The Resolution Foundation however suggested there was a way to implement tax rises which ‘boosts confidence in the economy and the public finances’.

Benzinga

A Dave Ramsey Caller Is Losing His High-Paying Job In December, Yet He's In A Position Most People Dream Of. 'This Is Just An Inconvenience'

On a recent episode of “The Ramsey Show,” a caller named Michael from Boston shared that he's about to lose his $160,000-a-year job in product management and a 20% annual bonus. His company is letting him go at the end of the year. Normally, this kind of news would send…

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