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The Latest Breaking News from Economy

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

The Iran war has stalled the world’s economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday

The Independent UK

Trump’s Iran war could trigger global recession, IMF warns

UK growth slashed as worldwide economy could be thrown ‘off course’, with the risk of an energy crisis ‘on an unprecedented scale’

The Independent UK

Industries most exposed to AI are not only seeing productivity gains but jobs and wage growth too

Forecasts of the impact of artificial intelligence range from the apocalyptic to the utopian. An October 2025 report from Senate Democrats, for example, predicted AI will destroy millions of U.S. jobs. A couple of years earlier, consultant company McKinsey forecast AI will add trillions to the global economy, while emphasizing…

The Conversation

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London's creatives must be equipped with the skills to harness AI not be threatened by it

The UK's AI sector generated £23.9 billion in revenue in 2024 and is growing at 23 times the rate of the wider economy

Evening Standard

What is ‘stagflation’ and why is it a threat to the UK economy?

IN FULL

The Independent UK

UK ‘headed for stagflation’ as economy flatlines and inflation bites due to Iran war

Stagflation – a combination of rising inflation, higher unemployment and low or zero economic growth – is seen as a ‘worst of both worlds’ scenario

The Independent UK

Wake Up, Jerry: Your Wife Wants You to Stop Snoring and Read This Before Launching Your Landscaping Biz

Experts explain why skipping business insurance is a false economy, and how to avoid being accused of unfair competition when setting up a new business.

Kiplinger

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HSBC says Iran war is hitting confidence as businesses warn over economic risks

Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair

The Guardian - UK

UK growth forecasts slashed by IMF as Iran war hurts global economy – as it happened

International Monetary Fund has lowered its forecast for UK growth in 2026 and 2027, due to Iran war and weak growth in late 2025

The Guardian - UK

How a US blockade near the Strait of Hormuz could work and the impact ahead for the global economy

A blockade of Iranian ports that President Donald Trump said began Monday could further disrupt oil prices

The Independent UK

Iran talks collapsed, the economy is tanking, and Trump spent Sunday night posting a photo of a Trump hotel on the moon

That’s out of the world.

We Got This Covered

The most valuable worker in the AI economy is Nurse Dana from ‘The Pitt’

Nursing has become the most structurally durable career in America. A hit TV show and a top economist help explain why.

Fortune

Americans hate the 2026 economy

Americans are still experiencing sticker shock at the price of groceries and other goods due to inflation that happened years ago.

Axios

U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says

“Leaning on this money machine sends the economy into a tailspin, giving the mullahs much needed motivation to negotiate in earnest.”

Fortune

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The Times of India

Good Jobs Bill: Northern Ireland’s workers’ rights reforms could impact job creation and investment

In Northern Ireland, the newly introduced 'Good Jobs Bill' aims to fortify worker protections, particularly by prohibiting zero-hour contracts. However, this initiative has sparked fierce resistance from business executives, who express concerns about its potential to hinder job growth and deter investment. They call for a postponement to allow for…

The Conversation

Disputes over Africa’s ocean resources: here’s what could help avoid them

Over the last several decades, the oceans have become more crowded. Aquaculture, wind and wave energy, and oil and gas exploration are taking up more space. This growth threatens the health of ocean ecosystems and coastal communities’ access to food and livelihoods that they have relied on for centuries.

The Conversation

The conflict in the Middle East has provided a true test of the resilience of the global economy

The world economy survived the shocks of the Ukraine-Russia conflict, which has had limited impact on economic growth. But the escalation of hostilities in the Middle East has transformed what had been, until early 2026, a surprisingly benign outlook into a far more uncertain one. It has created the ultimate…

The Times of India

'Indian doctors leaving the NHS': Is visa insecurity behind the sudden decrease of staff in UK healthcare?

Healthcare is one sector in the British economy that is facing a severe labour shortage right now. Hospitals and care homes in the UK are facing an "impending car crash" as per experts as the number of overseas nurses and carers collapses.

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The Conversation

Trump’s Strait of Hormuz blockade risks new costs for the global economy

For weeks now, the world economy has been on tenterhooks, waiting for one outcome: reopening the Strait of Hormuz.

The Times of India

US Centcom says Hormuz blockade will begin Monday and will only apply to Iranian ports; China will be most affected

US forces are enforcing a blockade on vessels entering or leaving Iranian ports in the Strait of Hormuz, a move experts deem an act of war. This directly impacts China, the largest buyer of Iranian oil, and could cripple Iran's economy. While India's direct exposure is minimal, global energy markets…

The Conversation

Algorithms don’t care: how AI worsens the double burden for Indonesia’s female gig workers

Artificial intelligence is often celebrated as the future of work. It is efficient, innovative and neutral. Yet, for many women in Indonesia’s gig economy, AI feels like a source of mounting pressure.

Fortune

Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran's economy and break its grip on the Strait of Hormuz

"CENTCOM forces will not impede freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports."

Fortune

Blazing hot IPOs, an AI agent craze, and a new word for ‘token’: Here’s what’s happening in the world of Chinese AI

China hopes to build a “token economy,” backed by open-source models and real-world AI applications—even as U.S. export controls still hold things back.

Fortune

Iran’s crumbling economy is the regime’s greatest weakness with prices up 40% since the war began while authorities worry about making payroll

An Iranian official told Reuters the country “will face a disaster” if sanctions aren’t lifted.

AAP

Spoils of Iran war to deliver Chalmers a budget boost

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

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