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The Latest Breaking News from Economy

Hilton CEO says the middle class is back. His competitors disagree

Hilton is the contrarian in a travel and hospitality sector that has been leaning into luxury as its primary growth engine.

Fortune

Democrats hold a huge edge over Republicans in polling ahead of the midterms

Generic ballot advantage grows to double digits as Trump’s ratings on economy, immigration and foreign policy crater

The Independent UK

The 228% Reality Check: Why the Stock Market Is Demanding the Impossible from AI

The stock market has detached from fundamental reality, pushing the Buffett Indicator to a staggering 228%. Regardless of how stellar Big Tech's Q1 earnings are, the math of macroeconomics guarantees an inevitable landing for overheated AI expectations.

Barchart

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Bank of England poised to hold interest rates steady despite inflation rise

But experts have said a hike could remain on the horizon if the conflict continues to put pressure on UK inflation.

Evening Standard

'The creatives are about to become more powerful than anyone expected': Freepik's relaunch marks a wider industry shift to all-in-one AI-driven content creator software — and lowering the barrier of creativity means beginners have never had it so good

CEO heralds the "no-collar economy" as rebranded creative platform hits $230 million in annual recurring revenue.

TechRadar

Iranian Currency Plunges To Record Low As Economy Remains Under Strain Due To The War

Iran's currency plunged to a record low on Wednesday as economic strain from its war with the U.S. and Israel continues.

International Business Times

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193

The Guardian - UK

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No, tariffs are not strengthening the economy

A senior Tax Foundation economist examines the manufacturing job losses, GDP slowdown, and consumer price hikes that paint a very clear picture.

Fortune

No Future for Petrol? Gadkari’s Bold Warning

What if the vehicle you rely on every day quietly starts losing its place in the future? A strong statement by Nitin Gadkari has sparked a serious question across India are petrol and diesel vehicles slowly moving toward an exit? This isn’t just about fuel anymore. It’s about rising costs,…

MyLifeXP

UK Deaths to Outnumber Births Every Year From 2026 as Fertility Rates Fall and Pensioners Increase

The UK's demographic landscape is set to change as deaths are projected to outnumber births from 2026, driven by low fertility rates and an ageing population, impacting the economy.

International Business Times UK

Islamic finance principles ‘align naturally with ESG and sustainability,’ says Maybank’s first-ever chief sustainability officer

The amount raised for sustainable finance within the 57 countries of the Organization of Islamic Cooperation jumped from $17.8 billion in 2017 to $82.3 billion in 2024, according to a 2025 report from the World Bank.

Fortune

Iran War Shock Leaves UK Policymakers Trapped Between Inflation and Recession Risks

The UK economy is threatened by a £35bn loss due to rising energy prices from the Iran conflict, risking recession and high inflation, warns NIESR.

International Business Times UK

UK economy faces £35bn blow and recession risk amid Iran war energy crisis

IN FULL

The Independent UK

OPEC: UAE Leaves OPEC — What This Means for the Global Oil Economy

OPEC faces uncertainty as UAE exit reports trigger concerns over oil supply stability and global economic ripple effects

International Business Times UK

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The Conversation

Australia’s inflation surge just made an RBA rate rise more likely

Australia’s inflation rate surged 1.1% in March, driven by a record jump in fuel prices, making an interest rate hike next Tuesday more likely.

Bangkok Post

Thai Airways to almost double fuel surcharges this week

Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

The Guardian - UK

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict

The Independent UK

Middle East energy crisis could wipe £35bn off UK economy – even in best-case scenario, think tank warns

Impact of Donald Trump’s Iran war a ‘serious blow’ to Keir Starmer’s economic hopes

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news in one place.

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Evening Standard

UK economy set for £35bn hit from Middle East energy crisis, think tank says

The National Institute of Economic and Social Research said the UK could enter a recession this year if the crisis is particularly protracted.

Barchart

Dollar Advances as Stocks Slip and Crude Prices Surge

The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its gains after the Conference...

International Business Times

War With U.S. And Israel Pushes Millions Of Iranians Toward Unemployment As Economy Tanks

While sanctions and inflation already battered the Iranian economy before the war with the United States and Israel, the conflict has pushed millions of Iranians closer to unemployment and poverty, according to a new report.

Tom’s Guide

I drove the $143,000 Chevrolet Corvette E-Ray for a week — and these two features blew me away

I tested the 2026 Chevrolet Corvette E-Ray to see how its new hybrid power system operates without sacrificing on the sports performance the series is known for.

Fortune

Janet Yellen on Trump, the Fed, and the future of jobs

The only person to lead the Fed, the Treasury, and the White House Council of Economic Advisors, Yellen is now being inducted into the National Women's Hall of Fame.

Barchart

Dollar Gains on Weak Stocks and Soaring Crude Prices

The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its gains after the Conference...

inkl

Why SEO Demand Is Growing Rapidly in Malaysia’s Digital Economy

SEO demand in Malaysia is accelerating as digital commerce expands, SMEs go online, and AI search reshapes how customers discover brands.

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People

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