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The Latest Breaking News from Economy

Top economist says companies are close to a 'Cortes moment' on AI, referencing the conquistador who burned his boats and then invaded Mexico

Moody’s Analytics chief economist warned firms are approaching the point of no return on AI adoption—and the labor market may feel it first.

Fortune

War in Iran could spark ‘stagflationary’ episodes worldwide, top economist warns

War in the Middle East could bring on one of the worst-case scenarios in macroeconomics.

Fortune

The 2026 Silver Shock: What the Real Surge Means for Small Savers

Silver didn’t just rise in 2026. It erupted. After climbing steadily through late 2025, the metal blasted past its previous highs and briefly touched an astonishing $138.40 an ounce in February 2026 before snapping back with a violent correction. That kind of movement doesn’t happen quietly. It shakes markets, rattles…

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Donald Trump has made some bold claims on the US economy. But how do they stack up against the data?

In the annual State of the Union address in late February, the US president, Donald Trump, declared: “This is the golden age of America.” In a lengthy and wide-ranging address, the president told his fellow Americans that the nation was “bigger, better, richer and stronger” than ever before.

The Conversation

Conflict in the Middle East makes official economic forecasts immediately out of date

The UK chancellor of the exchequer would not have wanted to deliver her spring statement against the background of a fresh threat to the world economy.

The Conversation

Reeves’s spring statement? The economy is great, don’t worry about the Middle East

With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared

The Guardian - UK

UK economy could face ‘very significant’ impact from Iran conflict – OBR

The budget watchdog said that the outlook for inflation would be ‘particularly uncertain’.

Evening Standard

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Good news is bad news: GDP growth fuels inflation fears

Australia's economy expanded by 2.6 per cent over 2025, above Reserve Bank forecasts, raising fears of an impending interest rate hike.

AAP

Reeves accused of being ‘tone deaf’ on energy prices as Middle East crisis deepens

Growth forecast cut again and unemployment to rise as chancellor warned economy risks big hit from Iran war – but Reeves insists ‘plan is right’

The Independent UK

Rachel Reeves claims UK economy can beat forecasts again – is she right? Our writers discuss

The chancellor insists Labour has ‘the right economic plan’ for a world that has become ‘yet more uncertain’

The Guardian - UK

Chancellor blew chance to end Energy Profits Levy, say opposition parties

The SNP and Tories accused Rachel Reeves of a missed opportunity to support the North Sea in her spring statement.

Evening Standard

Reeves insists she has right plan despite economic growth forecast cut

The Office for Budget Responsibility slashed the growth forecast for 2026 and hiked its expectation for unemployment.

Evening Standard

Spring statement: Iran war casts shadow over fragile UK economic recovery

Chancellor Rachel Reeves sought to strike an upbeat note on Tuesday on the state of the UK economy, even as oil and gas prices surged in the wake of the fast-evolving war with Iran.

Euronews

Goldman finds ‘no meaningful relationship between AI and productivity at the economy-wide level,’ but a 30% boost for 2 specific use cases

Have you got “AI-nxiety?” Goldman took a closer look at the last earnings season and found a mismatch between hype and reality.

Fortune

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Euronews

Iran attacks threaten US GDP growth and inflation prospects

The US and Israeli attacks on Iran have pushed up oil prices, adding fresh uncertainty to a US economy already facing stubborn inflation and weak hiring.

Evening Standard

Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR

UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last November.

Fortune

Qualcomm CEO: “Resistance is futile” as 6G mobile revolution approaches

At Mobile World Congress, Qualcomm unveils a 6G future powered by AI agents and an always-on digital economy.

The Guardian - UK

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert

Olivier De Schutter says new economic agenda needed to tackle crises of rising inequality and ecological collapse

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Evening Standard

Spring Statement 2026: Key points from Rachel Reeves' economic update to MPs

The Chancellor told MPs of the latest projections for GDP, inflation, unemployment and borrowing

The Independent UK

Spring Statement: UK economy set to ‘grow slightly slower’ in 2026

IN FULL

Evening Standard

Budget watchdog downgrades growth forecast for 2026 as Reeves defends plan

Chancellor Rachel Reeves set out the Office for Budget Responsibility’s forecasts as the Iran war threatened to cast a shadow over the economy.

International Business Times UK

EU Heightens Economy and Security Watch as UK, France, Germany Side with US on Iran Crisis

As tensions rise in the Middle East, Europe braces for potential impacts on energy supplies and economic stability. The EU steps up monitoring and security measures.

Evening Standard

Live: Chancellor Rachel Reeves promises growth in spring statement

The Chancellor’s speech comes just weeks after the Bank of England downgraded its growth rating for the UK economy.

The Independent UK

Iran attacks threaten US economy with more uncertainty around inflation, growth

The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures

The Conversation

Why surging oil prices are a shock for the global economy – but not yet a crisis

Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran.

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