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The Latest Breaking News from BEA

Air India outgoing CEO summoned over Phuket-Delhi flight's altitude loss: Report

India's aviation ministry summoned Air India's outgoing CEO regarding a recent flight incident. The aircraft experienced a sudden altitude loss, causing passenger and crew injuries. Multiple technical issues and turbulence were reported during the flight. Investigators are examining the serious incident with international assistance. Confirmatory test results for the pilot-in-command…

The Economic Times

Air India's A320 plane suffered glitches, turbulence during Phuket-Delhi flight: Sources

An Air India A320 encountered severe technical issues, including three hydraulic failures, which led to a sudden loss of about 300 feet in altitude. Teams from France and Airbus are set to aid the Aircraft Accident Investigation Bureau in their inquiry. Some passengers and crew members sustained injuries during the…

The Economic Times

To poll or not to poll: Trump’s US economy claims tell only part of the story

Donald Trump touts economic successes, but facts present a mixed picture. Job growth has slowed considerably in recent years, despite record highs. The stock market has seen new records, driven by company profits and AI. Manufacturing activity shows improvement, though job creation remains limited. Investment figures cited by Trump appear…

The Economic Times

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France opens investigation after 11 killed in skydiving plane crash near Nancy

French investigators have begun examining the cause of a small aircraft crash near Nancy that killed 11 people, including private nurses making their first skydiving jump, in what officials say is the deadliest light aircraft accident recorded in France.

Radio France Internationale

U.S. GDP Grew Faster Than Expected in First Quarter, but Consumer Spending Nearly Stalled

The Commerce Department's Bureau of Economic Analysis (BEA) said gross domestic product (GDP) grew at an annualized rate of 2.1% during the January through March period, an upward revision.

International Business Times

Low-Tax States For Middle-Class Families Ranked by Childcare Affordability

If you prioritize low state taxes, here's how early childhood costs stack up across the country in 2026.

Kiplinger

New York 'POWER' Utility Rebates Are Coming: Who Gets a Check?

Rebate checks offer quick relief, but New York budget shifts on childcare, tipped wages, and housing taxes could dictate your true cost of living in 2026.

Kiplinger

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US inflation rises to 3.8% in April, highest level in nearly 3 years

The PCE price index, which is the US Federal Reserve's primary measure of inflation, increased 0.4 per cent from the previous month and 3.8 per cent from a year earlier in April. Excluding food and energy prices, the core PCE price index rose 0.2 per cent month-on-month and 3.3 per…

The Economic Times

States With the Lowest Property Tax Bills Ranked by Affordability

Searching for an affordable home in 2026? Here's what it costs to live in these ten 'affordable' states.

Kiplinger

Air France 447: A tragedy that should never have happened

The startle effect generated ‘a highly charged emotional factor for the two co-pilots’, found investigators

The Independent UK

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.

Fortune

The outdoor recreation economy is worth $1.3 trillion. Trump's cuts to National Parks could change that

It could be an ‘existential’ threat to the small businesses that rely on them.

Fortune

‘Greatest economy ever’? The numbers behind Trump’s boasting

The chances of President Trump touting the “greatest economy ever” in his State of the Union address on Tuesday are high. Yet, the data paints a more complicated picture.

Euronews

FTSE 100 edges up after Trump backs down on Greenland tariffs threat

The FTSE 100 index closed up 11.96 points, 0.1%, at 10,150.05.

Evening Standard

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International Business Times UK

Trump's Fiery Christmas Message Touts 4.3% GDP and 'No Inflation' as Data Tells Another Story

Trump hailed booming growth and 'no inflation' in a Christmas post, but official BEA data shows inflation persists despite a 4.3% GDP rise.

GOBankingRates

Side Gigs That Could Be Impacted by Inflation in 2026

Marie Claire

Rihanna Swaps a Chanel Show Outfit for Mary Jane Ugg Slippers and a Five-Figure Louis Vuitton Speedy Bag

Hint: a rare Louis Vuitton bag is involved.

Benzinga

Chainlink To Deliver US Commerce Department Economic Data On-Chain For Smart Contract Use

Chainlink (CRYPTO: LINK) on Friday announced a collaboration with the U.S. Department of Commerce to deliver official macroeconomic data from the Bureau of Economic Analysis (BEA) directly on-chain, enabling smart contracts and decentralized applications to integrate trusted government statistics such as GDP and inflation data.

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Marie Claire

Princess Beatrice Brings French Girl Style to Wimbledon in a Striped Sandro Skirt Set

She joined mom Sarah Ferguson for a stylish mother/daughter date.

Salon

Democrats' first battle of 2025: Doge

Why the new year must begin in defense of federal workers

Kiplinger

Stock Market Today: The Dow Adds 15 Points To End Its Losing Streak

Equity indexes opened higher but drifted lower as markets priced in new Fed forecasts.

Reason

The Misuse of Data Behind the 'Greedflation' Narrative

There's no evidence that greed is causing inflation.

Roll Call

FactCheck updates how the US has performed under Biden - Roll Call

From FactCheck.org: how the U.S. has fared under Joe Biden under a broad array of measurements, including economics and immigration.

Marie Claire

Princess Eugenie and Princess Beatrice Subtly Match in Pink at the Royal Ascot Day 2

Even their fascinators are coordinating.

The Guardian - UK

You thought nothing could beat the perfect summer dress? Think again

Cool, versatile and just that little bit smarter than a dress, the two-piece is this summer’s fashion hero

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