Economy News - August 30, 2025

Economy news from the last day.
Sources used:

Verse 1:
• Xi to host Putin and Modi as China presents rival front to US
https://www.ft.com/content/58bf303e-ff10-442b-a527-dc61ba6c7eca
• Trump's tariffs ruled illegal by US appeals court but stay in place
https://www.bloomberg.com/news/articles/2025-08-30/russian-oil-majors-report-income-dip-on-weak-price-strong-ruble
• Canada's GDP shrinks more than expected as Trump's tariffs hit
https://www.nytimes.com/2025/08/30/style/fall-of-rome-candle.html
• How economists lost traction
https://www.ft.com/content/f3c7deb6-928c-426c-8dbc-574b21b02063

Verse 2:
• Russian Oil Majors Report Income Dip on Weak Price, Strong Ruble
https://www.bloomberg.com/news/articles/2025-08-30/longest-rise-in-uk-home-listings-since-2004-weighs-on-prices
• Longest Rise in UK Home Listings Since 2004 Weighs on Prices
https://www.nytimes.com/2025/08/30/business/media/trump-benny-johnson.html
• Swiss Gold Industry Lobby Rejects Idea of US Relocation
https://www.ft.com/content/3bddbe64-bbf0-4775-9071-f037583584dd
• Spirit Air Awards Executive Bonuses Upon Second Bankruptcy
https://www.bloomberg.com/news/articles/2025-08-30/swiss-gold-industry-lobby-rejects-idea-of-us-relocation-nzz

Verse 3:
• A Fall of Rome Candle by JD and Kate Industries Proves Candles Can be Funny
https://www.nytimes.com/2025/08/30/arts/design/weis-art-collection-christies.html
• Benny Johnson Was Fired for Plagiarism. At the White House, He's Embraced
https://www.ft.com/content/6e7c6db8-c073-4bb6-9727-50a677dcbf56
• An Under-the-Radar Art Collection Could Fetch $180 Million at Auction
https://www.bloomberg.com/news/articles/2025-08-30/pakistan-s-surging-used-car-imports-pose-threat-toyota-jv-says
• How Fox Sports Is Using Horse Racing to Tap Into the Sports Betting Market
https://www.nytimes.com/2025/08/30/business/fox-sports-horse-racing-sports-betting.html

#XiJinping #Trump #ShanghaiCooperation #SpiritAirlines #FallOfRomeCandle