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The Latest Breaking News from Economics

Despite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosperity stems from a blend of natural advantages and deliberate design, including a welcoming immigration policy that fuels innovation and economic growth. Geopolitically, US military spending underpins global security and trade…

The Economic Times

Organized crime is building an AI hardware cargo theft economy: 'The economics have become just crazy from the criminal opportunistic perspective'

Cargo theft was a $725 million problem in 2025, with electronics making up 22%, by some estimates, and there’s a particular AI thirst.

Fortune

Georgetown's Dr. Adriana Kugler Honored with ASHE Academic Achievement Award

A leading labor economist and former Federal Reserve Governor is recognized by the American Society of Hispanic Economists for a body of research on labor markets, trade, and immigration.

Latin Times

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Andy Burnham outlines his vision for UK economy with promise to raise living standards

Andy Burnham, the former mayor of Greater Manchester, is likely to be the next British prime minister following Keir Starmer's resignation. Central to Burnham's platform is improving living standards that have stagnated or even fallen since the 2008 global financial crisis. But with weak public finances, how realistic is his…

France 24

Defense tech could be entering its awkward teenage years. Is the boom a bubble?

VCs are flooding into defense tech, but they could be unprepared for the sector’s brutal economics and lengthy timelines.

Fortune

The defense tech boom has become a bubble—or it will be soon

Defense tech was once considered, at best, a fringe area for traditional VCs. Now, there could be a bubble.

Fortune

Falling crude, stable macros set stage for India's next growth phase: Aditya Kondawar

India's equity markets face a crucial earnings season with supportive macroeconomics, yet IT sector sentiment is dampened by AI uncertainties and slowing growth. Expert Aditya Kondawar notes IT's valuation correction, while highlighting potential in automotive software firm KPIT. He remains bullish on consumption themes like autos and FMCG, anticipating a…

The Economic Times

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Co-payment scheme seen as supporting industrial growth

Thailand's Manufacturing Production Index (MPI) decreased by 0.8% year-on-year to 101.18 points in May, due mainly to a slowdown in the domestic automotive sector, said the Office of Industrial Economics (OIE).

Bangkok Post

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economics

The Guardian - UK

Burnham vows to 'rewire Britain' with devolution push and 'No. 10 North' in Manchester

Labour's likely next PM set out a 10-year economic plan in his Manchester speech, promising greater regional powers and a shift away from trickle-down economics.

Euronews

Ed Miliband as chancellor would benefit every part of the UK – and the bond markets

If Andy Burnham promotes the energy secretary, Labour could fully use the benefits of net zero to promote growth and jobs, says Josh Ryan-Collins, professor of economics and finance at UCL

The Guardian - UK

Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them

With a new prime minister incoming, Labour faces a fundamental question about its economic vision, says economics professor Mariana Mazzucato

The Guardian - UK

Millennial Mothers Wait: The Average Age of First-Time Moms Is Now 27.5 — Economics and Fertility Technology Are Driving the Shift

The average age of first-time mothers in the United States has climbed to 27.5, continuing a decades-long trend that’s reshaping American families. In 1970, the average first-time mother was just 21.4 years old, highlighting how dramatically the timing of parenthood has changed over the past half-century. Researchers say the shift…

Budget and the Bees

‘Make people dream’: how to build an economy for the common good

Economist Prof Mariana Mazzucato says governments must ‘get back their mojo’ and believe they can change the world

The Guardian - UK

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The Economic Times

A $10 trillion industry sprang up when we weren’t looking

Despite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, making it a compelling investment opportunity.

inkl

Grok 4.3 vs Gemini 3.5 Flash: Which AI Powers Your Agents Better in 2026?

Grok 4.3 is the better raw-cost choice for output-heavy reasoning agents, while Gemini 3.5 Flash is the stronger default for multimodal, coding, and Google-grounded workflows. Both support 1M-token context windows, but their economics differ sharply: Grok 4.3 is officially priced at $1.25/M input and $2.50/M output, while Gemini 3.5 Flash…

The Economic Times

Best quote of the day by Milton Friedman: “The great danger to the consumer is the...” — A thought-provoking lesson on freedom, innovation, and human potential in a changing world

Milton Friedman’s quote of the day: Milton Friedman’s timeless insight goes far beyond economics. His words offer a powerful lesson about freedom, innovation, and human potential, revealing why choice, competition, and independent thinking remain essential for progress in a rapidly changing world.

The Conversation

How Alan Greenspan’s stint as President Ford’s top economic adviser cemented his passion for public service and prepared him to lead the Fed

Alan Greenspan, who died on June 22, 2026, at the age of 100, is best remembered for his 18 years at the helm of the Federal Reserve. What many people don’t know is that an earlier and more obscure stint during the administration of President Gerald Ford shaped him as…

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The Economic Times

Inside Zepto's profit push ahead of its IPO

Zepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong order volumes, Zepto's aggressive low-price strategy has led to significant operating losses, though per-order losses are narrowing. Investors will closely watch its ability to improve monetisation and profitability while maintaining growth.

TechRadar

'Plastic trash is now a low-cost aircraft fuel': This new reactor system converts plastic waste into sustainable jet fuel with promising economics

Researchers develop a reactor system converting plastic waste into jet fuel, using advanced catalysts with estimated costs of $1.0–$1.8 per kilogram.

The Times of India

Spanish proverb of the day: 'A bird in hand is worth more than a hundred flying around' and why certainty often beats risky rewards

A classic Spanish saying, 'A bird in the hand is worth more than a hundred flying,' highlights the importance of appreciating what you have rather than chasing uncertain prospects. This proverb serves as a universal reminder that we often prioritize security over risk, a concept supported by behavioral economics. It's…

The Economic Times

SpaceX valuation hinges on uncertain AI economics, says Professor Aswath Damodaran

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes significantly, he cautions that the AI business is nascent with uncertain economics and high costs. Damodaran warns against equating growth with value, emphasising that even compelling…

The Economic Times

France's OVHcloud plans frontier AI models to become Europe's second LLM player

OVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to offer alternatives to US and Chinese AI systems. OVHcloud CEO Octave Klaba stated the firm must master this technology for its future. The economics of developing these…

Euronews

European defence spending: Poland spends larger share of GDP than US

Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.

France 24

Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says

On Tuesday, leaders at the G7 summit in Evian-les-Bains were seeking to identify alternative routes to bypass the Strait of Hormuz, which US President Donald Trump said would be "completely open" on Friday. Speaking with FRANCE 24's Sharon Gaffney, Maisoon H Kafafy, Senior Advisor to the Atlantic Council's Middle East…

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