The Latest Breaking News from Economy

I Asked ChatGPT What Car Retirees Should Buy on Social Security — Here’s What It Said

ChatGPT recommended Honda Civic, Toyota RAV4 and Hyundai Elantra for retirees on Social Security. Avoid luxury SUVs that drain fixed budgets fast.

GOBankingRates · Jan 11

The G20 was built to stabilise the world’s economy – but it’s failed on climate, debt and inequality

The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia.

The Conversation · Jan 11

I drove the Genesis GV80 for a week — and it’s my favorite luxury 3-row SUV

The 2026 Genesis GV80 is a three-row midsize SUV that seats up to seven and packs all the trimmings you'd expect in a luxury vehicle.

Tom’s Guide · Jan 11

Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

Fortune · Jan 10

How Upper Class Income in 2000 Compares to 2026

The purchasing power of one's income was greater in 2000 than today and U.S. consumers are highly sensitive to price changes, according to TD Economics.

GOBankingRates · Jan 10

Get your Milton Friedman and Ayn Rand right: Zomato and Blinkit aren’t capitalism

Late last week, I wrote a piece responding to Deepinder Goyal’s tweets on how he views India’s gig economy. It went viral – and as is inevitable with anything that does, it brought with it an equal measure of bouquets and brickbats.

Newslaundry · Jan 10

A battered Cuba braces for aftershocks as US seizures of oil tankers linked to Venezuela surge

As U.S. seizures of oil tankers linked to Venezuela surge, so do concerns in Cuba about whether the island’s government and economy will survive

The Independent UK · Jan 10

Iran shuts off internet as protests blaze. A timeline of how unrest unfolded and grew

Khamenei accuses protesters of acting at Trump's behest

The Independent UK · Jan 10

Colombia's Petro Says U.S. Will 'Seek Wars' as Long as Its Economy Depends on Oil and Coal

Colombian President Gustavo Petro said the United States will continue to pursue military conflicts abroad as long as its economy remains heavily dependent on fossil fuels.

Latin Times · Jan 10

Biden's Final Year Outpaces Trump 2025 With 3 Times More Monthly Job Growth as 'Jobless Boom' Grips Economy

Trump's 2025 becomes worst non-recession year since 2003 with just 584,000 jobs added as Biden's final year shows three times stronger monthly growth.

International Business Times UK · Jan 9