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The Latest Breaking News from Economy

Air India Maharaja Club: Earn up to 200,000 bonus points for converting reward points under airline's May 2026 offer

The Bonus Points earned during the Points Fest can significantly enhance members’ ability to redeem rewards across Air India’s expanding domestic and international network. 2,00,000 Maharaja Points can get members, for example, up to 5 one-way Economy Class tickets between Mumbai and London Heathrow or up to 20 round-trips on…

The Economic Times

Former Comptroller: the cost of living has risen 106% since 2001. Government inflation data doesn't show it

A new index from the Ludwig Institute for Shared Economic Prosperity reveals the real cost of basic stability far outpacing official inflation measures.

Fortune

I drove the Buick Enclave for a week — and this 3-row SUV is basically a more affordable Cadillac

I put the 2026 Buick Enclave Avenir to the test and came away impressed by its luxury styling, tech-forward features, and the utility of seating up to seven passengers.

Tom’s Guide

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How to build cities for wildlife, not just people – new research

In central Seoul, South Korea, a motorway once covered a buried urban stream. Today, that same stretch has been uncovered – a process known as daylighting – and this river is home to plants, fish and insects. This flowing water cools the city in summer and attracts tens of thousands…

The Conversation

G7 ministers discuss trade security and China dependence in Paris

G7 trade ministers were holding a second day of talks in Paris on Wednesday as the global economy faced growing pressure from US tariff threats, war in the Middle East and concerns over dependence on Chinese raw materials.

Radio France Internationale

‘Much-needed fresh air’: 5 outcomes from the world’s first summit on ending fossil fuels

Almost 60 countries, representing about a third of the global economy, met in the Colombian port city of Santa Marta last week for the first international summit on the transition away from fossil fuels.

The Conversation

White House Says Trump's Drugmaker Deals Could Save U.S. Economy $529 Billion Over 10 Years

The White House said on Tuesday that agreements with major drugmakers could save the U.S. economy $529 billion over the next decade.

International Business Times

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Car Maintenance Mistakes Could Be Costing You Up to 10% in Fuel Economy

Gas prices might rise and fall, but one thing stays constant—drivers hate wasting money at the pump. What stings even more? Losing fuel efficiency because of simple, avoidable maintenance mistakes. Many vehicles quietly burn more fuel than necessary, not because of age or design, but because of overlooked basics that…

Clever Dude

You had a miserable 2025 because of tariff inflation. The Iran war will be even worse, top economist says

One year after Liberation Day, tariffs have frozen hiring and fueled inflation. Now, Moody’s Mark Zandi sees the war in Iran threatening to deepen the damage.

Fortune

RBA governor’s frank message on the economy is the biggest shock

Michele Bullock drops her usual caution to spell out the threat of higher prices and lower growth

The Guardian - AU

Indian investments in US on rise, creating American jobs: Official

Indian companies are investing significantly in the United States. Recent data shows USD 16.4 billion in foreign direct investment, creating over 70,000 jobs. Indian firms are also contributing to research and development. Massive new investments are expected at the SelectUSA Investment Summit. This inflow of capital strengthens the American economy…

The Economic Times

U.S. job openings were unchanged at 6.9 million in March but hiring improved

U.S. job openings were essentially unchanged at 6.9 million, another sign the American labor remained sluggish even before the full impact of the Iran war hit the economy

The Independent UK

Mozambique’s economy is failing: the tough policy choices that need to be made urgently

Mozambique is not in total crisis – but it is faltering. There has been no currency crash, no hyperinflation, no bank run. But over the past decade the main indicators of the country’s economic health have severely eroded.

The Conversation

Delta Air Lines Blasted for Cutting Free Snacks On Flights Under 350 Miles, Leaving Passengers Frustrated

Delta Air Lines will cut free snacks on sub-350-mile flights, affecting 450 routes daily and sparking backlash amid rising industry cost pressures.

International Business Times UK

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The Independent UK

World Cup could give struggling UK pubs a £275m boost if England reach final

Fans will drink an extra 55 million pints while England battles to reach the final

The Guardian - UK

Reform UK’s immigration policies are a significant risk to the UK economy

An exodus of workers will be damaging – and electoral change might help Britain escape instability and low growth

AAP

Inflation, growth, rates all hinge on end to conflict

The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.

The Conversation

With no easy options, RBA raises interest rates for the third time to quell inflation

The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep inflation under control.

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International Business Times UK

Delta Airlines Food and Beverage Service Cut on 450 Flights — Here's Why Short Routes Are Losing In-Flight Service

Delta cuts food and drink service on 450 flights from 19 May 2026, ending economy refreshments on short routes under 349 miles.

Evening Standard

Economic growth forecast for island of Ireland despite fuel supply turbulence

EY has said events in the Middle East had ‘adversely affected’ Ireland’s inflationary outlook.

Fortune

Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the US economy’

With across-the-board job growth yet to materialize, AI investment is propping up economic activity.

International Business Times

U.S. Economy Could Face Demand Destruction Over Continued Economic Impact Of Iran War

A new report claimed that the continued impact of the Iran war will put the U.S. economy through demand destruction, a process in which prices rise so sharply that households and businesses are forced to change how they spend, work, travel, and invest.

Kiplinger

Why the Spirit Airlines Shutdown Matters Even If You Never Flew With Them

Before you say "good riddance" to the nickel-and-diming carrier, here's how the Spirit Airlines Shutdown could impact your travel budget.

Fortune

BofA throws cold water on AI apocalypse panic: 60% of today's jobs didn't exist in 1940

AI will reshape 840 million jobs, BofA says. That’s not the same as destroying them.

Fortune

America is lucky it’s no longer a manufacturing powerhouse—it’s what’s protecting the U.S. economy from the worst of the oil shock, top economist says

The U.S. has lost 35% of manufacturing jobs since its 1979 peak. Cornell economist Eswar Prasad said that’s not necessarily a bad thing.

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