The Latest Breaking News from Economy

Moody's says a US recession is increasingly 'hard to avoid' amid Iran war

Moody’s Analytics model forecasts a 49% chance of a US recession in the next 12 months, the closest probability in years.

Euronews · Mar 18

'The Ultra-Rich Are Worried': Wealthy Expats Flee Dubai for Switzerland as War Fears Grow and Fortunes at Risk

Amid rising US-Israeli tensions with Iran, wealthy expats shift fortunes from Dubai to Switzerland for security, impacting Dubai's economy and boosting Swiss banks as safe havens.

International Business Times UK · Mar 18

Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock?

New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook

The Guardian - AU · Mar 18

As war raises oil prices, households pay while energy companies profit

War is costly. The ongoing American-Israeli war on Iran is already reverberating through the global economy. For most people, including American citizens, it means higher fuel prices and greater economic uncertainty.

The Conversation · Mar 17

Starmer says 'we can't lose focus' on Ukraine amid Iran war during Zelenskyy visit

Zelenskyy's visit comes at a time when the Iran war has revived Russia’s ailing economy through increased oil revenue and scuttled US-brokered talks to end Russia’s invasion of Ukraine.

Euronews · Mar 17

5 Legit Ways to Earn Grocery Gift Cards This Month

Finding extra room in your monthly budget to cover the rising cost of basic food items is a massive challenge for most families. When the price of milk and eggs continues to fluctuate, you need creative ways to offset your weekly supermarket receipt. Fortunately, the digital economy provides several highly…

Grocery Coupon Guide · Mar 17

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn

The Guardian - AU · Mar 17

A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist

"The key issue is not simply crude oil itself. It is gasoline, the most visible price in the economy for consumers, and when that price jumps it hits psychology immediately."

Fortune · Mar 17

I thought Buick was dead, but the Envista gives other SUVs a serious run for their money

This zippy SUV is full of surprises

Tom’s Guide · Mar 17

Minister plays down job losses as Chancellor prepares to commit to AI drive

Rachel Reeves is expected to pledge the UK to ‘the fastest AI adoption in the G7’ in an annual lecture in the City of London on Tuesday.

Evening Standard · Mar 17