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The Latest Breaking News from Economy

Stephen Colbert on Trump tanking the US economy: ‘Experts call it the poop chute’

Late-night hosts discussed Trump’s trip to China with Elon Musk, Maga lies over the Iran war and manosphere trends

The Guardian - US · May 14

UK economy was on the right track – Trump’s Iran war has wrecked that

Domestic and overseas matters have combined to create a tough outlook for British businesses and consumers

The Independent UK · May 14

U.S. Intelligence Concludes China Is Exploiting Iran War To Gain Edge Over Washington In a Range Of Fields: Report

A U.S. intelligence analysis concluded that China taking advantage of the war in Iran to gain an edge over the U.S. in a range of areas, including the military, the economy and the diplomatic field.

International Business Times · May 14

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Africa forward summit: Africa’s space race takes off {Business Africa}

At the Africa Forward Summit, SkyConnect is showing how Africa can turn idle ground stations into a shared network that cuts satellite data costs and delivers critical information faster and Mauritius’ “Brain Gain” Strategy: How a Tourism Island Is Turning African Brain Drain into a Talent Magnet.

Euronews · May 14

How much is a bat worth? Protecting these tiny insect-eaters isn’t just good for farms – their deaths cost taxpayers and the wider economy

Most Americans tend to think about bats only around Halloween, but the U.S. economy benefits from these furry flying mammals every day.

The Conversation · May 14

Why a growing number of Trump supporters are experiencing voter’s remorse

In recent months, some prominent conservatives and erstwhile allies of President Donald Trump – former U.S. Rep. Marjorie Taylor Greene and journalist Megyn Kelly, for example – have voiced their displeasure with him on several issues. They range from Trump’s handling of the Iran war and the economy to the…

The Conversation · May 14

$5 Trillion Crisis: New Study Warns Diabetes Will Devastate Global Economy by 2050

A study warns diabetes may cost the global economy over $5 trillion by 2050, highlighting its impact on productivity and growth across 190 countries.

Latin Times · May 14

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Quote of the day by Lou Simpson: "Attempting to guess short-term swings in individual stocks, the stock market or the economy is not likely to produce consistently good results. Short-term developments are too unpredictable."

Legendary investor Lou Simpson emphasised that predicting short-term market swings is unlikely to yield consistent results due to inherent unpredictability. Focusing on long-term business fundamentals and patience allows for compounding wealth, rather than succumbing to emotional reactions driven by daily market noise. Successful investing involves managing uncertainty through discipline and…

The Economic Times · May 14

Reeves warns ‘now is not the time’ for change as rumours swirl about Labour leadership contest

Chancellor’s comments come at a fraught time for Sir Keir Starmer

The Independent UK · May 14

UK household wealth tumbles, as taxes, food bills and rent costs bite

Latest economic growth figures could be the high point as consumers pull back spending

The Independent UK · May 14

Robert Kiyosaki Warns Governments Will Print More 'Fake Money' — Recommends Bitcoin, Gold, and Silver

Robert Kiyosaki warns about inflation and national debt threatening the US economy, criticizes the Federal Reserve, and recommends investing in gold, silver, and cryptocurrencies for protection.

International Business Times UK · May 14

Leadership rules should ‘not be tweaked’ to let Burnham run for PM, Labour NEC member says

Burnham’s backers understood to be lobbying Labour’s NEC who warn against Wes Streeting ‘coronation’

The Guardian - UK · May 14

India rupee slips to record low near 96 per USD as energy risks deepen

The Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering tax reductions for foreign investors on bonds to attract dollar inflows. Persistent balance of payments deficits and rising wholesale inflation signal ongoing rupee weakness.

The Economic Times · May 14

Reeves warns against risks to economic stability after surprise March growth

The Chancellor’s comments came amid a possible leadership challenge against Prime Minister Sir Keir Starmer.

Evening Standard · May 14

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The Guardian - UK · May 14

Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on

The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle

The Independent UK · May 14

UK economy records strongest quarterly growth in a year as GDP increases by 0.6%

IN FULL

Evening Standard · May 14

Rachel Reeves pleads with Labour MPs not to topple Keir Starmer after surprise 0.6% jump in GDP

The rise in economic growth was stronger than expected by the City but markets have been hit by the turmoil at the heart of Government

Evening Standard · May 14

UK economy records strongest quarterly growth in a year

Gross Domestic Product increased by 0.6% between January and March, the Office for National Statistics said.

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The Guardian - UK · May 14

Reeves seizes on surprise UK growth as evidence Labour leadership must stay

Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran war

The Guardian - UK · May 14

Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened

Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026

The Economic Times · May 14

Preparing for Rupee at 100: What does it mean for the economy and your stock market investments?

The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists.

The Economic Times · May 14

Samsung Electronics urges union to resume talks as strike threat looms

Samsung's labour union has rejected a call to resume pay talks, demanding transparency in the company's bonus scheme. A threatened 18-day strike looms if demands aren't met, with the government urging both sides to negotiate to protect South Korea's vital chip export economy.

The Economic Times · May 14

'Too much Vishnu': Banker Uday Kotak says India needs more of Brahma and Mahesh to become a powerful economy

Veteran banker Uday Kotak urged India to embrace innovation and disruptive thinking to become a powerful economy, warning that excessive focus on preservation could hinder its rise. He emphasized the need for more creation and destruction, akin to Brahma and Mahesh, to drive economic change in a world increasingly defined…

International Business Times · May 13

U.S. College Graduates Are Entering a 'Low-Hire' Economy With Fewer Openings, Report Details

The national unemployment rate sits near 4.2%, but a new report describes a labor market that looks healthy from the outside but feels broken to many people trying to enter or reenter it.

The Economic Times · May 13

US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing…

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