The Latest Breaking News from Economy

Quote of the day by Thomas Piketty: “Refusing to deal with numbers rarely serves the interests of the...” Lesson on money, rising inequality, and why numbers reveal the truth — The modern Marx and writer of Capital in the Twenty-First Century, explains why ignoring economic reality hurts ordinary people the most

Quote of the day: Thomas Piketty warns that ignoring economic data often harms poor and middle-class families the most. In today’s world of rising inflation, wealth inequality, housing pressure, and falling purchasing power, numbers matter more than opinions. The writer of Capital in the Twenty-First Century argues that facts, wages,…

The Economic Times · May 11

Pensions for Botswana’s elderly are growing, but care services are lacking – study tracks 20 years

Botswana’s economy is projected to contract by 0.4% in 2026, driven largely by a slowdown in the diamond sector. Diamonds account for a third of fiscal revenues and a quarter of GDP. This means the government has less money to spend, even before making any policy choices.

The Conversation · May 11

PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJC

The gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leaders suggest unlocking existing household gold through a Gold Monetisation Scheme. This approach could reduce imports and strengthen the economy. The appeal aims to conserve foreign exchange amid West Asia's crisis. The…

The Economic Times · May 11

Practical Steps Drivers Can Take After a Commercial Truck Accident

For those individuals who have encountered the need to transport commercial trucks through their economy, this area is an important aspect of the American economy.

inkl · May 11

Cape Verde bets on tech to reverse postcolonial brain drain

African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economy

The Guardian - UK · May 10

Charting the global economy: US job growth exceeds projections

US employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised interest rates for a third consecutive meeting. These events highlight varied global economic performance.

The Economic Times · May 10

Venezuelan Victims of Socialism Are Using RuneScape To Make Money

Venezuelan players mine in-game resources and turn hours of gameplay into dollars or cryptocurrency.

Reason · May 9

Why Some SUVs Are Becoming More Popular Than Sedans

There was a time when sedans dominated the roads. They were considered stylish, practical, and ideal for both city driving and long journeys. Many families dreamed of owning a sleek sedan because it represented comfort, success, and modern living. Today, however, the automobile market looks very different. SUVs are now…

MyLifeXP · May 9

'He feels like that's more fulfilling than doing summer school at some fancy college': Ford CEO says his Gen Z son is choosing hands-on work

Jim Farley told Fortune that we're still only in the "second or third inning" of solving the shortage of blue-collar workers in the essential economy.

Fortune · May 7

Is Backblaze the Next Momentum Monster?

Backblaze is rapidly emerging as the essential storage backbone for the AI and Neocloud revolution, disrupting legacy providers with superior economics.

MarketBeat · May 7