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The Latest Breaking News from Economy

Charting the global economy: US job growth exceeds projections

US employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised interest rates for a third consecutive meeting. These events highlight varied global economic performance.

The Economic Times

Venezuelan Victims of Socialism Are Using RuneScape To Make Money

Venezuelan players mine in-game resources and turn hours of gameplay into dollars or cryptocurrency.

Reason

Why Some SUVs Are Becoming More Popular Than Sedans

There was a time when sedans dominated the roads. They were considered stylish, practical, and ideal for both city driving and long journeys. Many families dreamed of owning a sleek sedan because it represented comfort, success, and modern living. Today, however, the automobile market looks very different. SUVs are now…

MyLifeXP

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'He feels like that's more fulfilling than doing summer school at some fancy college': Ford CEO says his Gen Z son is choosing hands-on work

Jim Farley told Fortune that we're still only in the "second or third inning" of solving the shortage of blue-collar workers in the essential economy.

Fortune

India must leverage its digital verification architecture to evolve into a trust-based economy

India faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this issue. The nation must shift towards a trust-based system by rewarding responsible conduct. Leveraging digital infrastructure like Aadhaar and UPI offers a path to reduce friction and build trust. This transition…

The Economic Times

If You Want to Know How Much Inflation Has Really Hurt U.S. Consumers, Skip the CPI and Study Big Mac Burger Prices

This analysis explores the gap between official core CPI and real-world costs using the Big Mac as a constant. Hedonic adjustments create a statistical illusion of growth while masking a long-term decline in purchasing power.

Barchart

19 States Are Raising Minimum Wages in 2026—Here’s How It Impacts Women

The minimum wage landscape is shifting again in 2026, with 19 states implementing increases that will directly affect millions of workers. While these changes touch many households, women—especially those in lower-paying industries—stand to experience some of the most significant impacts. From retail and hospitality to caregiving roles, women make up…

Budget and the Bees

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Stripe CEO says a wave of token theft is wreaking havoc on the AI economy

Patrick Collison warned that token theft is so rampant many AI startups will have to stop offering free trials.

Fortune

Two Americas, one drive-thru: Welcome to fast food's contradictory, split-screen economy

From McDonald's to Papa John's to Wingstop, Q1 earnings are painting a portrait of a nation sorting itself into winners and losers at the drive-thru window.

Fortune

RBI likely to hold rates in June: HSBC

The Reserve Bank of India faces a tough choice in June. Economists predict no interest rate changes as the economy deals with rising energy costs and unpredictable weather. The RBI must balance fighting inflation with keeping economic growth strong. Any rate hikes are likely delayed until global supply chains stabilize…

The Economic Times

Can we tax the robots?

If AI replaces workers, who carries the social contract?

TechRadar

AI is quietly splitting the housing market in two: Bay Area luxury homes are up 13%, affordable ones are collapsing

“It’s another sign of the K-shaped economy taking shape in the Bay Area,” said Redfin senior economist Yingqi Xu.

Fortune

AI boom keeping markets elevated despite geopolitical noise: Mark Matthews

Financial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, according to Mark Matthews. He highlights extraordinary earnings, particularly in tech, fueling market highs despite Middle East uncertainty. Matthews also sees India as attractive due to improving valuations and continued FII buying.

The Economic Times

From the economy to culture: What makes Europeans proud?

Renaissance art in Italy, democracy in Sweden and people in Spain... Europeans define national pride in unique ways.

Euronews

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The Economic Times

Recove signs MoU with Maharashtra to develop recycling ecosystem

The company aims to build a comprehensive circular economy ecosystem, starting with a Rs. 35 crore facility in Jalgaon processing 1,100 tonnes of plastic monthly.

The Independent UK

Lower speed limits could help stop Iran war damaging UK economy, think tank says

Inflation could soar and conflict in the Middle East could cost the Treasury £8bn a year, new modelling indicates

TechRadar

AMD's CEO predicts 'higher memory and component costs' later this year — so brace yourself for Radeon GPU price hikes

Following Lisa Su's revelation, a disgruntled Redditor predicted: 'The RAM economy will permanently change and data centers will be a nuisance for the rest of recorded time'.

The Independent UK

Trump has a ‘nuclear option’ to bring down gas prices - will he use it and will it work?

The national average cost for a gallon of gas stood at $4.53 Wednesday - up from $2.98 two days before the conflict erupted February 28

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Evening Standard

London local elections 2026: What are the parties promising in Kingston?

All 48 seats on Lib Dem-run Kingston Council will be up for grabs across the 19 wards in the borough

The Independent UK

Gas price surge hits lower-income Americans the hardest, research shows

This trend has exacerbated existing economic disparities across the nation

The Independent UK

Trump’s tariffs have done ‘significant damage’ to US economy, top financial group warns

‘The U.S. economy is resilient, but just how resilient is set to be tested,’ the chief economist at Moody’s Analytics said

Bored Panda

51 Signs That Make People Worry About The Economy And Their Wallets

If you’re not tracking your expenses closely, you might wonder why half your income keeps disappearing in the first week of the month. Even if you don’t have a million subscriptions or aren’t booking plane tickets for a trip around the world, small costs seem to add up faster than…

Clever Dude

Big Wheels Can Reduce Fuel Economy By 2–5%

Flashy rims and oversized wheels turn heads at every stoplight, but they also sneakily chip away at fuel economy. That 2–5% drop might sound small at first glance, yet it adds up faster than a highway merge during rush hour. Drivers chasing style often overlook the hidden cost that shows…

Fortune

Jensen Huang on why 'agentic' will rewire a $50 trillion economy: 'operated by robots, managed by more robots, and the entire factory is a robot'

The Nvidia CEO keeps showing up at ServiceNow's annual conference. The reason why explains the next decade of the AI economy.

Fortune

A year on from Liberation Day, Trump's tariffs have done 'significant damage' to the U.S. economy, says Moody's chief economist

"Since that day, job growth has come to a standstill," Zandi says.

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