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The Latest Breaking News from Economy

What it will mean for the economy if the Strait of Hormuz stays closed

If the military situation doesn't change soon, it will create a stagflationary drag on the U.S. economy.

Axios

How do women entrepreneurs survive in Ghana’s informal economy? We went to a local market to ask them

The informal economy is the basis of everyday economic life across sub-Saharan Africa. In Ghana, as in many low- and middle-income contexts, a lot of retail trade, food distribution, artisanal production and service provision happens outside formal regulatory frameworks.

The Conversation

The islands off Iran's southern coast are key to its economy and security. What to know about them

A top Iranian official is warning that attacks on the Persian Gulf islands that form Iran’s southern maritime frontier would provoke a new level of retaliation

The Independent UK

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Iran Guard Vows to Target Banks, Economic Centres in War Risking Global Economy

Iran's Islamic Revolutionary Guard Corps has issued a warning that could have far-reaching effects on the global economy, as tensions rise in the Middle East.

International Business Times UK

'I don't know if we're ready': Governors from each party appalled at 100-year-old federal workforce strategy

"We have a workforce training system that was designed 100 years ago for a very different economy," Bill Haslam (R-TN) told Fortune.

Fortune

Why Pet Insurance Is Becoming Important in India

For many people in India today, pets are no longer just animals that live in the house. They are companions, friends, and family members who bring warmth into everyday life. A dog waiting at the door after a long day or a cat curling up quietly beside you can make…

Times Pets

India’s Pet Boom: Why More Indians Are Opening Their Homes and Hearts to Pets

Over the last decade, something beautiful has been happening in Indian homes. More families are welcoming pets not just as animals but as members of the family. From busy metro cities to smaller towns, the sight of dogs going on evening walks or cats curling up on balconies has become…

Times Pets

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To unlock employee effort, don’t overlook the person holding the wrench

In an uneven economic climate, one message to employees seems universal across business leaders: Do better. Easier said than done.

Fortune

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

MyLifeXP

China positions itself as force for global stability at its annual Congress

China is signaling it will stay focused on technology and economic growth, even as U.S. tensions with Iran rise

The Independent UK

Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120

The Independent UK

Big four banks predict three consecutive RBA rate hikes

The Middle East conflict could prompt the Aussie dollar to plummet and the Reserve Bank to hike interest rates to 15-year highs in 2026, analysts say.

AAP

Trump tells Kentucky rally Iran’s military and nuclear capabilities degraded

While offering no details to hundreds of supporters, US president seemed to suggest conflict would not end soon

The Guardian - US

ElonTrades’s Dubai rant goes viral amid Iran vs US-Israel war: Why crypto trader says he was asked to get license to post online in the UAE emirate

A crypto trader's viral tweet about needing a social media permit in Dubai has ignited debate. While framed as bureaucracy, experts clarify that the new UAE regulations target promotional content and influencer marketing, aiming for transparency and professionalisation. This reflects a global trend of governments regulating the burgeoning digital advertising…

The Times of India

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Fortune

Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years

"Much like we saw in the wake of the pandemic," KPMG's Diane Swonk said, "those changes could trigger a longer-lasting bout of inflation."

International Business Times UK

401(k) Retirement Crisis: Record Number Of Americans Raid Savings To Pay Medical Bills

Explore how rising living costs, a weaker US jobs market, and increasing debt levels are impacting American households. Discover the surge in 401(k) hardship withdrawals and the potential effects of geopolitical tensions on the economy.

The Independent UK

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

The Chancellor indicated the government could intervene on energy costs if the conflict spiralled

Evening Standard

Trade disruption from Iran war ‘not good for the British economy’, Reeves says

The Chancellor called for rapid de-escalation of the conflict to protect the UK economy.

Get all your
news in one place.

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The Guardian - UK

Wednesday briefing: From missing billions to nonexistent datacentres, inside Britain’s AI drive

In today’s newsletter: Enormous investments in artificial intelligence promised to transform Labour’s growth problems. The reality is much murkier

Fortune

Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what's next

Where will you be in the third quarter of 2027?

The Conversation

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Since American and Israeli missiles began striking Iran, global oil prices have jumped sharply. The conflict has resulted in the disruption of tanker traffic through the Strait of Hormuz, which carries about one-fifth of the world’s oil shipments.

Fortune

Trump’s immigration crackdown is backfiring by hurting the U.S.-born workers it was meant to help, data shows

Over the past year, following a $170 billion infusion in immigration enforcement, U.S.-born labor participation fell from 61.4% to 61%, federal data shows.

AAP

'Significant spikes': servos to face huge gouging fines

Service stations could face $100 million fines for intentionally ripping off customers as panic buying places consumers under pressure at the pump.

The Independent UK

How Trump could cripple Iran’s economy by attacking one small island

IN FULL

Fortune

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves'

"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path as a share of the economy."

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