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The Latest Breaking News from Economy

Trump’s DOGE campaign accelerates 50-year trend of government privatization

Since returning to office, President Donald Trump has aggressively moved to shrink the federal government. His administration has frozen federal grants, issued executive orders aligned with the Heritage Foundation’s Project 2025, and, most prominently, created what he calls the Department of Government Efficiency, or DOGE.

The Conversation

Why Trump’s tariff chaos sparked stock market meltdown and recession fears

Donald Trump has downplayed the stock market volatility which followed flip-flops over his trade policies.

Al Jazeera

Stock Index Futures Mixed After Yesterday’s Selloff, U.S. JOLTs Report in Focus

March S&P 500 E-Mini futures (ESH25) are down -0.04%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.54% this morning, pointing to a higher open on Wall Street after yesterday’s dramatic selloff, while investors await the latest reading on U.S. job openings.

Barchart

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Stock Index Futures Gain After Yesterday’s Selloff, U.S. JOLTs Report in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.41%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.53% this morning, pointing to a higher open on Wall Street after yesterday’s dramatic selloff, while investors await the latest reading on U.S. job openings.

Barchart

China is ending its annual Congress with questions open over how to revive its slowing economy

China is wrapping up its biggest political event of the year leaving one question unanswered: How far will it go to try to revive economic growth in 2025

The Independent UK

Japan's economy grew at a 2.2% annual rate in Oct-Dec, as consumers held back on spending

Japan's has cut its estimate for its economic growth in the last quarter of the year to a 2.2% annual pace from 2.8% as consumer spending hit demand

The Independent UK

Leading economists call out coalition's inflation claim

As the economy looks set to be front and centre in the election campaign, one of the coalition's leading inflation claims has been called "a joke" by experts.

AAP

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Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs

Asian benchmarks are diving as worries grew about the ripple effects from President Donald Trump’s tariffs on regional economies and companies

The Independent UK

Asian Markets Track Wall St Selloff As Trump-fuelled Economy Fears Build

Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.

International Business Times

‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks

Tech-heavy Nasdaq 100 plunges 3.81 percent, its steepest single-day loss since September 2022.

Al Jazeera

Trump administration briefing: Mahmoud Khalil’s detention, ‘Trumpcession’ fears and gutting USAid

From cries of ‘McCarthyism’ over Palestinian activist’s detention to fears over a ‘Trumpcession’ – key US politics stories from Monday at a glance

The Guardian - US

Aussie market claws back ground after Wall St plunge

The Australian share market has resumed its downward trend, after dropping sharply in early trading and recovering a little in the wake of a US market sell-off.

AAP

Stock market implodes amid fears of Trump tariffs, recession

The president and his economic officials have indicated they are willing to endure short-term pain to reshape America’s economy.

Fortune

It's Trump's Economy Now

Plus: A listener asks the editors to discuss the pros and cons of homeownership.

Reason

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GamesRadar

JRPG producer says people prefer their anime girls to have thick thighs when the economy's in the tank, and he's not even joking a little bit

The Atelier Ryza protagonist is curvy for a weirdly specific reason

Barchart

Dollar Recovers on Safe-Haven Demand as Stocks Slump

The dollar index (DXY00 ) on Monday recovered from early losses and finished up by +0.18%. Short-covering emerged in the dollar Monday after the sharp selloff in stocks sparked liquidity demand for the dollar. The dollar on Monday initially moved lower on concern about the negative impact of US tariffs...

The Guardian - US

Trump tariffs policy ‘misguided’ and US economy ‘very wobbly’, ex-adviser says

Stephen Moore, who contributed to Project 2025, urges Congress to pass tax cuts by Memorial Day

The Guardian - UK

Risk of ‘Trumpcession’ rising, economists say, as global markets fall

Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors

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Barchart

Dollar Weighed Down by Lower Bond Yields and Negative Impact of US Tariffs

The dollar index (DXY00 ) today is down by -0.05% and is just above last Friday’s 4-month low. The dollar has fallen for six consecutive sessions and remains under pressure due to the negative impact of US tariffs on the US economy. Also, comment made Sunday from President Trump weighed...

PC Gamer

Japanese game producer argues that thick thighs on anime girls are a natural byproduct of economic recession

The economy's in shambles.

The Conversation

Russia’s economy is stagnating – but that won’t force it to end the war

In recent months, many western media commentators have suggested the Russian economy is in such serious trouble that President Vladimir Putin will soon have little choice but to end the war in Ukraine.

Al Jazeera

What’s happening with Lebanon’s economy and will it recover?

Lebanon’s economy has struggled for years as people’s discontent with the government grew.

Bored Panda

File Under “Useful Things School Ignored”: 24 Game-Changing Travel Hacks

While you were solving for x, life was waiting to test you with real challenges – like fitting a week's worth of outfits into a carry-on or surviving a 12-hour flight in economy. The post File Under “Useful Things School Ignored”: 24 Game-Changing Travel Hacks first appeared on Bored Panda.

Barchart

Stocks Set to Open Sharply Lower as U.S. Recession Talk Lingers, Inflation Data Awaited

March S&P 500 E-Mini futures (ESH25) are down -0.90%, and March Nasdaq 100 E-Mini futures (NQH25) are down -1.04% this morning, while Treasury yields also fell, as concerns about the health of the U.S. economy weighed on sentiment.

The Guardian - UK

Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – as it happened

New York stock market posts heavy losses, as investors have a ‘wake-up call’ about risks of recession under Donald Trump

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People

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Project 2025

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the Department of Government Efficiency

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