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The Latest Breaking News from Economy

Why my $150 million startup thinks it can solve the $406 billion loneliness problem

A global loneliness epidemic is quietly spawning a new trillion-dollar economy, and "friction maxxing" is key to its success.

Fortune

I’m a Travel Agent: 5 Plane Tickets I Always Buy

A travel agent shares the five plane tickets I always buy to save money, avoid common airfare mistakes and get better flight deals every time.

GOBankingRates

Why NRIs Are Leaving India Again After Returning – Real Reasons Explained

In 2023 alone, over 9.38 million Indians returned to the country, a sharp rise from previous years, especially after the pandemic . Surveys also show that 60–80% of NRIs globally consider returning at some stage, particularly for retirement or family reasons . But beneath this strong “return to India” wave…

Times Life

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Three more rate hikes tipped as prices begin to rise

Construction contractors are already hiking prices due to rising fuel costs, in a sign the US-Israeli war in Iran is contributing to economy-wide inflation.

AAP

Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians

Government faces political fight as industry says mooted 25% levy on exports would hurt Australia’s economy and energy security

The Guardian - AU

Energy fallout from Iran war signals a global wake-up call for renewable energy

The Iran war is exposing how much the global economy still depends on fragile fossil fuel supplies

The Independent UK

How Trump’s Iran war could derail the economy – and the Labour government

POLITICS EXPLAINED: If the bombing of energy infrastructure continues, Rachel Reeves could be left with another crisis just as the public finances were about to turn a corner, as Sean O’Grady explains

The Independent UK

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American Airlines let down an L.A. influencer with no Wi-Fi or proper pillows in First Class: ‘it should feel like 1st class not economy plus’

Los Angeles-based influencer Leo Speki is going all guns blazing at American Airlines for charging a fortune and failing to deliver proper service. On March 9, 2025, he took to his Tiktok account, @leoskepi, to make strong arguments in his favour, highlighting how he overpaid for an American Airlines seat…

The Mary Sue

Goldman Sachs: Every $10 Jump in Oil Could Add 0.3% to U.S. Inflation

Thanks to the ongoing war in Iran and its affect on oil prices, Goldman Sachs has warned investors to brace for a wider economic shift. That shift is going to start with a painful rise in inflation.

Barchart

‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

The Guardian - UK

Fed Chair Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ as inflation, jobs, and oil shocks cloud the outlook

Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled job growth, and an unpredictable oil shock from Iran.

Fortune

Why $138 is the key mark for oil prices and what it means for the future of the US economy

Analysts are keeping a close eye on the developments in the Middle East amid President Donald Trump’s war on Iran, and are paying particular attention to oil prices

The Independent UK

China is ready to drive leadership of a low-carbon world – by making the international rules

Donald Trump has made it clear he has no intention of playing a global leadership role in green energy or a move towards net zero.

The Conversation

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

The Guardian - UK

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The Independent UK

European Central Bank holds rates unchanged as energy shock from Iran war causes massive uncertainty

The European Central Bank left its key interest rates unchanged Thursday and warned that the Iran war would boost inflation in the short term through higher energy prices but that the long-term impact on consumer prices and the economy was uncertain

The Conversation

Why the gender wealth gap is still so stubborn – and what it means for women’s wellbeing

Inequality in wealth between men and women has not always received the same attention as similar disparities in employment and earnings. This is perhaps because wealth – things like property, savings and investments – is seen as a private matter. This issue has become known as the “gender wealth gap”…

Fortune

AI's memory chip shortage is quietly taxing the entire economy

AI's insatiable appetite for memory chips is crowding out all other buyers — and the consequences will ripple through every industry and household.

Radio France Internationale

'Europe must make itself heard' on Middle East war, says former EU commissioner

As EU leaders meet in Brussels for a high-stakes summit dominated by the war in the Middle East, Thierry Breton – former European commissioner for the Internal Market and France's former economy and finance minister – spoke to RFI about the current escalation and called on Europe to act in…

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The Guardian - UK

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

GOBankingRates

I Asked ChatGPT Which States Are Ready To Face a Recession — The Answer Surprised Me

ChatGPT analyzed recession readiness by state, ranking North Dakota first while Colorado and Louisiana landed near the bottom due to weak fiscal reserves.

International Business Times

The New York Times Goes Against Marco Rubio's Rejection Of Cuba Power Shakeup Report: 'Received No Disagreement'

The New York Times replied to Secretary of State Marco Rubio over his rejection of a recent report claiming the Trump administration was seeking the removal of Cuban President Miguel Diaz-Canel as part of negotiations to open up the island's economy.

The Independent UK

The five ways for drivers to save on fuel and beat rising prices

There are several methods to enhance your car's efficiency

inkl

Evaluating New Zealand As A Strategic Destination For Global Business Expansion

As global markets adjust to shifting supply chains and evolving inflation rates in 2026, the Asia-Pacific region remains a focal point for corporate expansion. Recent reports highlight more signs the NZ economy is turning the corner, making it an increasingly attractive and secure hub for foreign direct investment. With an…

The Conversation

Grattan on Friday: Chalmers is trying to make economic uncertainty a springboard for reform

When he talks about the May 12 budget, Treasurer Jim Chalmers always stresses that what’s done on things like the capital gains tax discount will be a matter for cabinet.

Times Life

India Overtakes Japan to Become World’s 4th Largest Economy, Now Targets No. 3 Spot

In a defining moment for India’s economic journey, the country has officially surpassed Japan to become the world’s fourth-largest economy, marking a major shift in the global financial order. This milestone is not just symbolic. It reflects years of steady growth, structural reforms, and rising global influence. With a nominal…

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