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The Latest Breaking News from Economy

China's exports ride AI boom as domestic economy struggles

China's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a five-year high according to customs data. This strong export performance is helping China maintain its trade surplus despite domestic demand challenges. Auto exports alone surpassed one million units…

The Economic Times

The experience economy is reshaping consumer finance

Young professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on travel and experiences despite economic uncertainty. Financial institutions are adapting by designing products around lifestyles and travel utility. This evolution means financial products increasingly enable experiences rather than just purchases. The future of…

The Economic Times

The Growth of the Independent Event Creator Economy

The event industry has undergone a major transformation in recent years. While large festivals, concert promoters, and entertainment companies continue to play an important role, a growing number of independent event creators are reshaping the landscape

inkl

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National Electricity Policy 2026: 7 Big Changes Revealed

For nearly two decades, India's electricity policy has remained largely unchanged while the country's power needs have grown at an unprecedented pace. Now, the government is preparing what could become the biggest transformation of the electricity sector since 2005. From electricity pricing and competition to industrial power access and future-ready…

MyLifeXP

The Subscription Economy's Next Winners Will Compete on Retention Math, Not Ad Budgets

The most valuable direct-to-consumer companies in the world now share a structural trait that has nothing to do with their product, their branding, or their ad creative: they sell by subscription

inkl

Two of Gujarat's leading Agricultural products, Unjha Cumin and Fennel, receive GI tag

Unjha Cumin and Unjha Fennel have received prestigious Geographical Indication tags. This recognition strengthens their brand value and global market presence significantly. The GI tags will improve market value and enhance export opportunities for these spices. Farmers' incomes are expected to increase, boosting the local agricultural economy. Gujarat's portfolio of…

The Economic Times

World Cup and sunshine prompt UK consumers to splash out on beer and online shopping

Despite spending increase in June, Barclays says most people still pessimistic about economy

The Guardian - UK

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Labour MPs told backing North Sea is ‘about more than oil and gas’

Supporting the North Sea oil and gas sector will benefit jobs and the economy and also help the UK meet its climate obligations, MPs are being told.

Evening Standard

UK economy beat the odds because of my choices, Reeves to say

The Chancellor will warn that the UK must ‘maintain the credibility we have earned’.

Evening Standard

Central bank steps up tracking of suspicious fund flows

The Bank of Thailand has instructed financial institutions and payment platforms to monitor suspicious fund flows as part of its efforts to curb the grey economy, which it views as one of the country's key structural economic challenges.

Bangkok Post

'AI May Give Us Only a Few Years': Nobel Economists Warn AI Could Trigger Historic Economic Shift

More than 200 economists, including 16 Nobel laureates, warn AI could reshape the economy within years unless governments prepare now.

International Business Times UK

Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks

Hundreds of economists urge immediate action to address AI's potential impact on the economy

The Independent UK

7 accessible reads about building a fairer economy

Recently, a group of high-profile economists wrote a piece for The Guardian about how growth is a doomed strategy.

The Conversation

Africa’s youth are finding jobs – but not the ones they imagined

Each year, millions of young Africans enter the labour market in search of stable and fulfilling employment. In Mozambique alone, more than half a million young people join the workforce annually.

The Conversation

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International Business Times

The Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace

The U.S. stock market is thriving with record accomplishments. At the same time, the economy appears to be slowing down.

Salon

It's time to reclaim the Luddite

Big Tech looted our attention. Getting it back means rethinking the world offline

The Conversation

Why the US economy stays strong even when its policies shock the rest of the world

The US economy is continuing to grow faster and generate more new jobs than Europe. Annual national income growth over the past five years has averaged 3.3% in the US against 2.6% in the EU. In the first quarter of 2026, the EU’s GDP was just 0.7% higher than a…

The Guardian - UK

China’s graduate glut: millions enter a job market with little use for them

Record numbers find there is little demand for their skills, as entry-level tech roles are hit by AI and automation

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news in one place.

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International Business Times

Wealth Inequality Gaps Are Narrowing. Now the K-Shaped Economy is Losing Its Shape, New Data Shows

For years, economists have described the U.S. recovery as "K-shaped," meaning higher-income households benefited disproportionately from rising asset values, stronger investment returns, and housing appreciation.

Benzinga

Mark Zandi Says June Jobs Report Was Weaker Than It Looked as Labor Force Participation Fell

Economist Mark Zandi argued that the June employment report painted an overly optimistic picture of the U.S. labor market, saying several underlying indicators point to a much weaker economy than the headline figures suggest.

Benzinga

Economist Justin Wolfers Says 'the Puzzle' Behind Record Highs 'Goes Away' Once You Take Out AI

Economist Justin Wolfers on Sunday said the U.S. stock market’s record-setting rally is being driven largely by a handful of artificial intelligence-linked companies, masking what he described as a much less impressive performance across the broader market.

Benzinga

Bernie Sanders Says 'American Society Is in Decline,' Calls for Grassroots Movement

On Sunday, Sen. Bernie Sanders (I-Vt.) criticized growing economic inequality in the U.S. and urged supporters to build a grassroots movement focused on creating an economy that benefits working families.

Bangkok Post

Cheap drones expose energy as global economy's weak spot

LONDON - Cheap, ⁠mass-produced drones have transformed modern warfare, exposing critical energy infrastructure as an Achilles' heel for modern economies.

MyLifeXP

Why India Refused a Fast US Trade Deal Will Surprise You

What happens when one of the world's fastest-growing economies refuses to rush into a deal with its biggest trading partner? That is exactly what India has done. Instead of accepting a quick trade agreement with the United States, New Delhi has chosen patience over pressure. The decision has sparked global…

Times Life

What Azim Premji Said About Values, Ethics, and Integrity That Business Schools Miss

Chanakya Set the Standard Premji Actually KeptChanakya wrote in the Arthashastra that a leader's character is not what he declares but what he does when the cost of doing right is real. Azim Premji did not quote Chanakya. He didn't need to. When Wipro was building its early IT business…

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