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The Latest Breaking News from Economy

‘Everything is going up’: Americans struggle with affordability despite Trump’s claims

US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’

The Guardian - US

'Iran must not be allowed to hold global economy hostage,' UAE minister tells Euronews

In an interview with Euronews, UAE Minister of State Lana Nusseibeh appealed to the world that Iran’s "rogue state behaviour" must not be allowed to hold the global economy hostage.

Euronews

The ultrawealthy don't house hunt anymore. They subscribe

The most coveted luxury homes never reach the market—they're claimed by private waitlists months before construction begins. Welcome to the subscription economy for billionaires.

Fortune

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NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty

The Guardian - UK

Invisible datacentres and capricious chips: is UK’s AI bubble about to burst?

Datacentre investment boom is one of the biggest infrastructure gambles of this era, and Britain may be uniquely exposed

The Guardian - UK

Kharg Island: Why Trump wants to seize tiny oil hub in Persian Gulf in risky operation

The island holds 94 per cent of Iran’s oil exports and could choke off the country’s economy for years

The Independent UK

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

Newslaundry

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Kharg Island, the fragile oil lifeline behind Iran’s war economy

A small island in the Gulf has become a flashpoint in the widening war involving Iran, the United States and Israel. Kharg Island handles almost all of Iran’s oil exports – making it a vital economic lifeline for Tehran.

Radio France Internationale

Economy showed cracks pre-Iran attack, data shows

The economy was flashing stagflation signals even before the Iran conflict added an oil shock to the mix.

Axios

Cart of giant gold bars spotted in White House hallway during Donald Trump meeting. But why?

Massive gold bars, initially rumored to be seized from Nicolas Maduro, were displayed at the White House. The real story involves a new licensing deal between a Venezuelan state-owned mining company and Trafigura Group, aimed at re-integrating Venezuela into the global economy and boosting American industry.

The Times of India

US economy expanded at sluggish 0.7% in fourth quarter, government says, downgrading first estimate

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate

The Independent UK

The executive driving AT&T’s $250B high-stakes bid to connect the AI economy

Jeff McElfresh is overseeing AT&T’s $250 billion effort to become an essential connectivity platform for the AI economy.

Fortune

Gold Crash Alert: Why Prices Suddenly Fell Today

When global tensions rise, investors usually move toward safe-haven assets like Gold and Silver. That is why the recent market reaction surprised many observers. Even as tensions between Iran and Israel intensified, gold prices moved downward instead of rising. The April futures contract on COMEX dropped sharply, catching investors off…

MyLifeXP

Seven in 10 Americans say Trump tariffs have cost them more money

Exclusive survey finds negative economic impacts felt across party lines as White House doubles down on tariffs

The Guardian - US

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Fortune

Europe’s second chance on AI: building an opportunity in factories, labs, and the real economy

As the next AI wave unfolds, Europe’s position as a commercial first-wave AI laggard may actually prove to be a strength.

Evening Standard

Economy stagnates in January ahead of Iran war and fears over UK impact

Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in 2026.

Evening Standard

Russia and Iran trying to ‘hijack global economy’, says Cooper

Iran’s new supreme leader has vowed to continue blocking the Strait of Hormuz in retaliation for ongoing US-Israeli strikes.

The Independent UK

Russia and Iran trying to ‘hijack the global economy’, Cooper rages

Oil price surges spark fears Putin could use outbreak of war to boost wartime economy

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news in one place.

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The Guardian - UK

Bleak economic data shows UK plc in trouble well before Middle East crisis

Zero GDP growth in January will not help Rachel Reeves claim she has put UK in position to weather oil price storm

Evening Standard

UK economy flatlined unexpectedly ahead of Iran war in blow to Rachel Reeves

The Office for National Statistics said there was zero growth in gross domestic product in January

The Independent UK

UK economy flatlines unexpectedly in January

The Office for National Statistics said there was zero growth in gross domestic product in January.

Evening Standard

FTSE 100 Live 13 March: Economy stalls, markets in red as Brent crude oil tops $100

A flat GDP figure for January today heightened fears over the impact of the Iran war on the UK economy.

The Independent UK

UK economy flatlined in January, figures show

IN FULL

The Independent UK

UK economy failed to grow in January in blow for Starmer

The figures follow warnings that inflation could rise at the end of the year due to the US-Israeli war on Iran

The Guardian - UK

UK economy unexpectedly flatlined in January, official figures show

January’s GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut

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