The Latest Breaking News from Economy

What does the disappearance of a $100bn deal mean for the AI economy?

Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansion

The Guardian - UK · Feb 5

Is India Overtaking the US in Economic Influence? Elon Musk Thinks So

When Elon Musk commented “The balance of power is changing” on a chart comparing global economic growth, it triggered a sharp global reaction. The question many began asking was simple yet provocative: Is India now economically stronger than the United States? The short answer is nuanced. India has not overtaken…

Times Life · Feb 5

Sanctions having ‘significant impact’ on Russian economy, says EU special envoy

Exclusive: David O’Sullivan says war-based economy may be nearing point of becoming ‘unsustainable’

The Guardian - UK · Feb 5

Greens hold door open to capital gains tax reforms

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

AAP · Feb 4

3 Ways the Trump Economy Could Affect Your Social Security in 2026

There are already indications of three big ways the Trump economy could affect Social Security in 2026.

GOBankingRates · Feb 4

Saudi Arabia’s oil giant Saudi Aramco raises $4 billion: Shakes global markets, has Wall Street buzzing

Saudi Arabia’s oil giant Saudi Aramco has successfully raised $4 billion through a bond issuance. The move highlights strong investor trust in the company's financial stability. The issuance, part of a global program, was priced in January 2026 and completed in early February 2026. Proceeds will fund capital expenditures and…

The Times of India · Feb 4

Zero net migration would shrink UK economy by 3.6%, says thinktank

Jump of £37bn in budget deficit by 2040 would force government to increase taxes, NIESR predicts

The Guardian - UK · Feb 4

Net zero migration would require major tax rises to plug £37bn black hole, experts warn

Leading economic think tank predicts that net zero migration would lead to slower employment growth and a smaller workforce, causing a decline in overall GDP growth

The Independent UK · Feb 4

Reaching net zero migration would squeeze public finances, warns think tank

If net migration stayed positive, a larger working-age population would broaden the tax base and help stabilise the debt to GDP ratio, Niesr said.

Evening Standard · Feb 4

New research shows Australians support buying local for different reasons – and not all will pay more

We have now passed the annual Australia Day peak of calls urging us to “buy Australian” – especially lamb. The iconic green-and-gold “Australian Made, Australian Grown” logo, launched by then-Prime Minister Bob Hawke in 1986, turns 40 this year.

The Conversation · Feb 3