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The Latest Breaking News from Economics

Ed Miliband as chancellor would benefit every part of the UK – and the bond markets

If Andy Burnham promotes the energy secretary, Labour could fully use the benefits of net zero to promote growth and jobs, says Josh Ryan-Collins, professor of economics and finance at UCL

The Guardian - UK

Labour has abandoned the missions that brought it to power. Here’s how Burnham could revive them

With a new prime minister incoming, Labour faces a fundamental question about its economic vision, says economics professor Mariana Mazzucato

The Guardian - UK

Millennial Mothers Wait: The Average Age of First-Time Moms Is Now 27.5 — Economics and Fertility Technology Are Driving the Shift

The average age of first-time mothers in the United States has climbed to 27.5, continuing a decades-long trend that’s reshaping American families. In 1970, the average first-time mother was just 21.4 years old, highlighting how dramatically the timing of parenthood has changed over the past half-century. Researchers say the shift…

Budget and the Bees

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‘Make people dream’: how to build an economy for the common good

Economist Prof Mariana Mazzucato says governments must ‘get back their mojo’ and believe they can change the world

The Guardian - UK

A $10 trillion industry sprang up when we weren’t looking

Despite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, making it a compelling investment opportunity.

The Economic Times

Grok 4.3 vs Gemini 3.5 Flash: Which AI Powers Your Agents Better in 2026?

Grok 4.3 is the better raw-cost choice for output-heavy reasoning agents, while Gemini 3.5 Flash is the stronger default for multimodal, coding, and Google-grounded workflows. Both support 1M-token context windows, but their economics differ sharply: Grok 4.3 is officially priced at $1.25/M input and $2.50/M output, while Gemini 3.5 Flash…

inkl

Best quote of the day by Milton Friedman: “The great danger to the consumer is the...” — A thought-provoking lesson on freedom, innovation, and human potential in a changing world

Milton Friedman’s quote of the day: Milton Friedman’s timeless insight goes far beyond economics. His words offer a powerful lesson about freedom, innovation, and human potential, revealing why choice, competition, and independent thinking remain essential for progress in a rapidly changing world.

The Economic Times

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How Alan Greenspan’s stint as President Ford’s top economic adviser cemented his passion for public service and prepared him to lead the Fed

Alan Greenspan, who died on June 22, 2026, at the age of 100, is best remembered for his 18 years at the helm of the Federal Reserve. What many people don’t know is that an earlier and more obscure stint during the administration of President Gerald Ford shaped him as…

The Conversation

Inside Zepto's profit push ahead of its IPO

Zepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong order volumes, Zepto's aggressive low-price strategy has led to significant operating losses, though per-order losses are narrowing. Investors will closely watch its ability to improve monetisation and profitability while maintaining growth.

The Economic Times

'Plastic trash is now a low-cost aircraft fuel': This new reactor system converts plastic waste into sustainable jet fuel with promising economics

Researchers develop a reactor system converting plastic waste into jet fuel, using advanced catalysts with estimated costs of $1.0–$1.8 per kilogram.

TechRadar

Spanish proverb of the day: 'A bird in hand is worth more than a hundred flying around' and why certainty often beats risky rewards

A classic Spanish saying, 'A bird in the hand is worth more than a hundred flying,' highlights the importance of appreciating what you have rather than chasing uncertain prospects. This proverb serves as a universal reminder that we often prioritize security over risk, a concept supported by behavioral economics. It's…

The Times of India

SpaceX valuation hinges on uncertain AI economics, says Professor Aswath Damodaran

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes significantly, he cautions that the AI business is nascent with uncertain economics and high costs. Damodaran warns against equating growth with value, emphasising that even compelling…

The Economic Times

France's OVHcloud plans frontier AI models to become Europe's second LLM player

OVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to offer alternatives to US and Chinese AI systems. OVHcloud CEO Octave Klaba stated the firm must master this technology for its future. The economics of developing these…

The Economic Times

European defence spending: Poland spends larger share of GDP than US

Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.

Euronews

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France 24

Can Hormuz be bypassed? Past shows commercial viability may simply not be there, analyst says

On Tuesday, leaders at the G7 summit in Evian-les-Bains were seeking to identify alternative routes to bypass the Strait of Hormuz, which US President Donald Trump said would be "completely open" on Friday. Speaking with FRANCE 24's Sharon Gaffney, Maisoon H Kafafy, Senior Advisor to the Atlantic Council's Middle East…

The Economic Times

From bombs to billions: The strange economics of US-Iran peace deal

Iran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal seeks to strike a complex balance between military pressure and economic incentives, with an eventual aim to de-escalate regional tensions. Billions in frozen assets and credit lines are…

Evening Standard

Six in ten women in London say capital's getting less safe, new poll finds in blow to Sadiq Khan

Exclusive: A majority of Londoners believe that safety in the city is deteriorating, according to a survey for the London School of Economics

AAP

WEKA and Oracle Cloud Infrastructure Validate 10x Throughput Gains for Long-Context AI Inference

CAMPBELL, Calif., June 10, 2026 /PRNewswire/ -- WEKA, the AI data and memory infrastructure company, today announced production-scale benchmarks that show how organizations can improve the economics of long-context AI inference by serving more users and tokens on the same GPU footprint. The benchmarks show that WEKA's NeuralMesh™ platform with…

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AAP

IEP - Record Conflicts Drive Peace to Historic Low as AI warfare surges

LONDON, June 9, 2026 /PRNewswire/ -- The 2026 Global Peace Index (GPI), released today by the Institute for Economics & Peace (IEP), reveals a world struggling with the economic consequences of a record-high number of conflicts that are increasingly interconnected and difficult to resolve. This deterioration is driven by a…

Reason

The 'Living Wage' Attack on Jobs and Prosperity

Rep. Ro Khanna's minimum wage proposal promises prosperity but would likely price many low-skilled workers out of the labor market.

MarketBeat

Black Rock Coffee Bar Targets 1,000 Stores as Loyalty Fuels Growth Plan

Black Rock Coffee Bar (NASDAQ:BRCB) executives outlined the company’s growth strategy, store economics and competitive positioning during a William Blair consumer event, emphasizing plans to sustain rapid unit expansion while leaning on customer loyalty, store-level execution and a differentiated ca

The Economic Times

Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's why

Macquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The brokerage believes declining average order values and modest per-order economics could limit profitability, despite strong user growth, improving engagement metrics, and the company’s focus on free cash flow.

TechRadar

Ex-Google CEO is key to Ukraine's most formidable drone weapon to date - $5000 Hornet can carry 5Kg of explosives on a 200Km, one-way trip

Eric Schmidt, former Google chief executive, drives drone projects behind Ukraine’s Hornet, shifting warfare toward low-cost swarm strike economics.

The Economic Times

Can Elon Musk do to US telecom what Mukesh Ambani did in India?

Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.

The Economic Times

Inside Lalit Modi’s lavish London house: A look at the IPL founder’s 5-storey mansion

Lalit Modi, the architect of the Indian Premier League, has transformed cricket's economics and entertainment value. He resides in a lavish five-storey mansion in London's Belgravia-Chelsea, boasting a private elevator and an extensive collection of cricket memorabilia, reflecting his passion for the sport.

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