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The Latest Breaking News from Economics

One of the world’s most popular economists on why AI is ‘undoubtedly going to crash’: It’s built on ‘digital lettuce’—and the U.S. will be just fine anyway

Irish economist David McWilliams is taking his “History of Money” to America: “You kind of feel the boominess of the place, right?” he told Fortune.

Fortune

Her Dad's A Financial Advisor And She Has A Master's In Economics, Yet Her Finances Are Such A Mess That An Auditor Asked Her If She's Dumb

A 26-year-old woman from Austin, Texas, with two degrees in economics and a father who works as a financial advisor, stunned viewers of the “Financial Audit” show when she revealed she spends hundreds more than she earns every month, has no real budget, and didn’t understand that a gig platform’s…

Benzinga

Man claims he used ChatGPT to cheat on every single essay he wrote in college, now he wants the college to take back his degree

The man claims to have gotten an economics degree despite never writing a single word for his essays.

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Eric Jackson Says This Mortgage Finance Stock Could Soar 21,200% Over The Next 3 Years: 'Mathematically Plausible'

Hedge fund manager Eric Jackson has made an aggressive projection for mortgage finance company, Better Home Finance Holding Co. (NASDAQ:BETR), predicting a multi-thousand-percent move based on its underlying economics and market opportunity.

Benzinga

The Real Reason Eggs, Bread, and Milk Prices Are Rising Again

Grocery shoppers are seeing it again: price tags on eggs, bread, and milk creeping upward after months of relief. These staples shape the cost of nearly every grocery trip, so even small increases hit hard. The reasons behind these changes are more tangled than a simple “inflation” headline. Each product…

Grocery Coupon Guide

The Real Reason Cart Sizes Are Growing While Packages Are Shrinking

Walk into any supermarket and it’s hard to miss the change. The carts are bigger, the aisles wider, and yet the packages on the shelves seem smaller than they used to be. This shift isn’t random—it’s part of a larger pattern shaping how we shop and what we spend. The…

Grocery Coupon Guide

BofA cites 'favorable protein economics' in the chicken restaurant segment with the race afoot to corner the $67 billion market

Analysts Sara Senatore and Isaiah Austin also highlighted "menu versatility," as chicken lends itself to both quick-service restaurants and fast casual.

Fortune

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Why the UK should look beyond growth to a ‘new economics’ that works for all

The UK budget is usually a story of growth forecasts, borrowing levels and fiscal discipline. But ahead of this month’s high-stakes event, growth has been slower than expected. At the same time, as households struggle with living costs, the climate crisis intensifies and inequality persists, growth might seem like too…

The Conversation

Increase taxes for working people, or make the super-rich pay their fair share? The answer seems obvious – but not to Labour

Rachel Reeves has unnecessarily blocked her options of what to include in her budget, says Dhananjayan Sriskandarajah of the New Economics Foundation

The Guardian - UK

Canada 'Abandons Market Economics' With A New Critical Minerals Budget

Canada’s 2025 federal budget commits billions to expanding the mining sector even as the government projects a 78.3 billion Canadian dollar ($55.3 billion) deficit for the fiscal year ending March 31. The plan includes major funding and tax incentives aimed at positioning the country as a leading global supplier of…

Benzinga

‘I did this for the world’: Delusional Donald Trump claims his insane tariffs saved the ‘entire world’ from a depression

Amid the Supreme Court hearing, Donald Trump claimed that his tariffs saved the entire world from a depression. It’s the new peak of his economics-by-ego, because neither the data nor basic trade math backs him up.

The Mary Sue

Why Vertical Aerospace Stock Could Double After This Flight Test

Vertical Aerospace's recent update revealed its significant valuation gap and superior aircraft economics, both overlooked by a market focused on cash burn.

MarketBeat

William Barr Discovers the Economics of Tort Law (and Misrepresents the Law Governing Interstate Pollution)

Another reply to the former attorney general on climate litigation that may end up in the Supreme Court.

Reason

Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

At our Fortune Global Forum, economics and geopolitical tensions were hot topics, but the future of the workforce and workplace also came up in many conversations.

Fortune

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Fortune

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

A $1 increase in stock wealth leads to a $0.05 marginal propensity to consume, up from less than $0.02 in 2010, according to Oxford Economics.

Fortune

Former SpaceX and X employees raise $9 million for Standard Economics, a platform for the unbanked

“Their vision is to bring about Starlink for money,” said Caitlin Pintavorn, a partner at Paradigm.

Evening Standard

Record-breaking England bowler James Anderson to be knighted at Windsor Castle

The Lancashire great was recognised for his services to cricket by former prime minister Rishi Sunak.

The Conversation

In her revenue era: the economics behind Taylor Swift’s 34 versions of The Life of a Showgirl

Taylor Swift’s latest studio album, The Life of a Showgirl, has just enjoyed a second week on top of the Billboard charts, after smashing all-time sales records on its debut.

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The Conversation

Is it wrong to have too much money? Your answer may depend on deep-seated values – and your country’s economy

Across cultures, people often wrestle with whether having lots of money is a blessing, a burden or a moral problem. According to our new research, how someone views billionaires isn’t just about economics. Judgment also hinges on certain cultural and moral instincts, which helps explain why opinions about wealth are…

The Guardian - AU

Albanese’s critical minerals deal isn’t good economics – but in Trump and Xi’s new world, bargaining chips matter

Though the dollar benefits may not outweigh the cost on Australia’s new mining agreement with the US, experts say it couldn’t have gone any better

The Conversation

Budget 2025: what should Rachel Reeves do about tax? Join our live event

It is the economics version of music’s “difficult second album”. When the UK chancellor, Rachel Reeves, steps up to deliver her follow-up budget on November 26, she faces some daunting choices.

Fortune

Here's how Trump can hit China's economy where it really hurts as analysts say Beijing's rare earths gamble could backfire

"Perhaps of greatest concern for China is the software used in advanced manufacturing – Western companies control over 70% of the Chinese market for chip design software, for example."

The Independent UK

Voices: ‘Fantasy economics’: Readers warn of housing chaos if stamp duty is scrapped

YOUR VIEWS: Our community is divided over Kemi Badenoch’s pledge to scrap stamp duty, with one warning it would ‘do absolutely nothing for renters or those already priced out’

International Business Times

World Moto Clash Introduces a Rule-Breaking Grand Prix Model That Redefines Racing for Riders, Fans, and Sponsors

At its core, World Moto Clash (WMC) aims to change the traditional racing economics and restrictions.

Evening Standard

Oxford student who chanted 'put the Zios in the ground' at London rally is arrested and suspended

Samuel Williams, a Politics, Philosophy and Economics student at Balliol College, was filmed among a crowd of people during a Palestine Coalition protest in Westminster

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