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The Latest Breaking News from Economy

Why Trump’s pick for Fed chair will not bring home the bank for the president

Kevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest rates

The Guardian - US

‘Didi is like Mother India’: Tracing the admirers and the economy of a Mamata rally

At a rally in Beleghata, Chief Minister Mamata Banerjee (‘Didi’) ramped up her campaign for the second phase of the West Bengal assembly elections.

Newslaundry

Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest

The Guardian - AU

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Regional bank pins growth hopes on digital services

Bank of Queensland has played up the success of its digital arm despite reporting a profit decline ahead of further expected interest rate hikes.

AAP

Trump’s approval rating on economy drops amid inflation and Iran conflict

Even within his own party, confidence in his leadership appears to be waning

The Independent UK

It’s Okay that Josh Hutcherson Doesn’t Like Taylor Swift. Relax!

The Internet has given us many wonderful things, but the attention economy it has created means toxicity will always rise to the top. Few subcultures showcase that better than Swifties, as Hunger Games actor Josh Hutcherson can attest.

The Mary Sue

Trump's Approval Falls to Historic 32% Low, Latest American Research Group Findings Reveal a Steep Decline in POTUS' Score

Donald Trump's approval rating has dropped to its lowest point, driven by economic concerns and public pessimism about the national economy's future.

International Business Times UK

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Car Companies Are Eyeing Affordable New Sedans As Crossovers Become 'Kind Of Boring'

Automakers are reconsidering sedans in their lineups are rising prices and proposed fuel economy standards challenge crossover dominance across the industry.

InsideEVs

‘A weakness’: Canadian PM Carney unveils shocking plan to break free from the US

Canada’s Prime Minister just dropped a bombshell. He’s calling the country’s deep economic ties to the U.S. a “weakness” that needs fixing. In a 10-minute video address on April 20, 2026, Mark Carney laid out a plan to break free from America’s shadow, warning that relying too much on one…

The Mary Sue

Bollywood crime drama ‘Dastaar’ filmed in UK brings £1.2m boost to local economy

A Hindi crime drama, Dastaar, filmed extensively in Hull, UK, injected over £1.2 million into the local economy. The production, inspired by Sikh immigrant experiences in 1980s Britain, employed 130 crew members and utilized local resources. This significant investment highlights Hull's growing potential as a filming destination, with hopes to…

The Times of India

The hidden $25 billion public health cost of America’s data center boom

Researchers are trying to shed light on the externalities and hidden costs of the murky data center economy.

Fortune

Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.’ Here’s what he wants for the central bank

During and after the pandemic, the Fed “missed its mark,” Warsh told senators, and the U.S. economy is “still dealing with the legacy of policy errors.”

Fortune

Russia faked economic data to appear more resilient to its war and sanctions, intel report says

Swedish intelligence said Russia has been covering up a weak, debt-driven economy hit by war costs and sanctions, warning of rising inflation and banking risks.

Euronews

The $100 oil shock is hitting the middle class like a margin call

As gas tops $4 a gallon, Wall Street debates inflation. But middle-class families and female breadwinners are absorbing the shock with little margin left.

Fortune

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Tom’s Guide

I drove the Lexus RX 450h+ for a week — it’s a solid blend of gas and all-electric power

I put the 2026 Lexus RX 450h+ to the test to see if this luxury PHEV has what it takes to convince car shoppers about the savings of all-electric power.

inkl

Why Skilled Trades Are Making a Global Comeback in a Digital-First Economy

Skilled trades are making a global comeback because modern economies still rely on physical infrastructure, and there are not enough trained workers to meet demand.

Evening Standard

Visa and TikTok launch ‘creator card’ to support entrepreneurs

The card will help to ’empower the next generation of entrepreneurs in the digital economy’, Visa said.

Barchart

Alphabet at $4 Trillion: Why the King of Tech Is Feeling Cramped on Planet Earth

Alphabet has successfully defended its dominance, effectively becoming a proxy for the global economy. While its current valuation is sound, its huge scale now creates a growth ceiling tethered to global GDP, forcing a dilemma where future outperformance depends on inventing entirely new market paradigms.

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International Business Times UK

UK 'On Brink' Of Recession — 250,000 People Could Lose Jobs By Mid-2027 Due To Iran War

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

Barchart

1 Trade to Make Now as High Gasoline Prices Hit the U.S. Economy

June Canada dollar futures present a buying opportunity on more price strength.

MarketBeat

SpaceX IPO Frenzy: 3 Space Stocks That Could Benefit Most

The SpaceX IPO is coming. Discover three space stocks positioned to benefit as investor interest in the commercial space economy accelerates

Reason

Report: High Taxes and Burdensome Regulations Are Killing California

California politicians’ policy choices are making the state unaffordable and unattractive.

Fortune

The director of the Congressional Budget Office—known for its gloomy national debt data—is very optimistic that a crisis will be avoided entirely

“Making progress to address the fiscal trajectory would be a positive for the U.S. economy,” Swagel said. “We can’t go on [with] the scolding narrative.”

The Times of India

Yuan for oil payments? UAE seeks US safety net amid Iran war - report

The UAE has requested a US financial safety net amid concerns that an Iran war could severely damage its economy and investor confidence. Talks included a currency-swap line proposal, as the UAE fears needing to use other currencies for transactions if dollar shortages arise.

Evening Standard

UK to narrowly avoid recession and jobless rate to surge, Item Club warns

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

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