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The Latest Breaking News from Economy

Trump’s war is ruining the global economy, but the president calling a journalist “maggot” on Truth Social shows he still has his priorities straight

Meanwhile, back in the real world...

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Initiative may be slipping away from US and Israel as Middle East crisis deepens

There is little sign of imminent regime change in Iran as its blockade of strait of Hormuz shocks global economy

The Guardian - UK

Oil shock further reason for tax reform, spending cuts

An economic downturn might be needed to bring inflation back to target, economists warn, but the government can help with spending cuts and productivity reform.

AAP

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Kharg Island: Trump's mercy shot on Iran's oil lifeline could reshape the war

The US has conducted airstrikes on military installations on Iran's Kharg Island, a vital oil export hub, while largely sparing oil infrastructure. President Trump cited "reasons of decency" but warned of reconsideration if shipping through the Strait of Hormuz is threatened. The move highlights the island's strategic importance for Iran's…

The Times of India

The Iran war is a new test of America's economic superpower

The economy's scale, diversity and adaptability have allowed it to continue chugging along whenever crises arise.

Axios

America needs a movement to curb billionaires’ power

The country’s 900 billionaires have far too much influence over our government and economy. Here’s how we can reduce the power of the ultra-rich

The Guardian - US

The outdoor recreation economy is worth $1.3 trillion. Trump's cuts to National Parks could change that

It could be an ‘existential’ threat to the small businesses that rely on them.

Fortune

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I drove the all-gas and all-electric versions of the Hyundai Kona for a week — here’s why going EV might be the best decision right now

I tested the all-gas Hyundai Kona Limited AWD and the all-electric Hyundai Kona Electric for a week to tell you how much savings you get in the long run.

Tom’s Guide

UAE can withstand war shock and will oppose Iran’s 'nihilism,' minister tells Euronews

For policymakers in Abu Dhabi, the ongoing crisis is viewed as another test of a development model that has enabled the UAE's rapid expansion over the past five decades.

Euronews

Inside Latin America's loudest, proudest musical showcases: The power of Mexico´s Vive Latino and Amazon Music's Role

Mexico's live entertainment has one of its loudest, proudest showcases this weekend, as Vive Latino 2026 returns to Mexico City, bringing not just a stacked lineup but a broader message about where the country now stands in the global concert economy.

Latin Times

Why Buy Nothing Is the Ultimate Parenting Power Move This Year

Image source: shutterstock.com

Kids Ain't Cheap

From food to transport, how cities are rewriting the climate playbook

What if tackling sky-high energy bills, unaffordable housing and the daily cost of getting to work could also help solve climate change? One of the world’s leading thinkers on urban sustainability says the two challenges share the same solutions – and cities across Europe are already testing them.

Radio France Internationale

New York's Socialist Experiment: Mamdani's Bold Agenda and What It Means for Business

New York City Mayor Zohran Mamdani's sweeping progressive agenda — rent freezes, free buses, and higher taxes on the wealthy — is rattling Wall Street and real estate investors while the city grapples with a $7 billion budget gap and a Moody's credit warning.

International Business Times

8 Top Tips To Fly Business Class for the Price of Economy

Here are eight ways to find cheap flight tickets without spending hours booking travel or settling for economy class seats.

GOBankingRates

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The Guardian - US

‘Everything is going up’: Americans struggle with affordability despite Trump’s claims

US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’

Euronews

'Iran must not be allowed to hold global economy hostage,' UAE minister tells Euronews

In an interview with Euronews, UAE Minister of State Lana Nusseibeh appealed to the world that Iran’s "rogue state behaviour" must not be allowed to hold the global economy hostage.

Fortune

The ultrawealthy don't house hunt anymore. They subscribe

The most coveted luxury homes never reach the market—they're claimed by private waitlists months before construction begins. Welcome to the subscription economy for billionaires.

The Guardian - UK

NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertainty

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news in one place.

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The Guardian - UK

Invisible datacentres and capricious chips: is UK’s AI bubble about to burst?

Datacentre investment boom is one of the biggest infrastructure gambles of this era, and Britain may be uniquely exposed

The Independent UK

Is Kharg Island Iran’s Achilles Heel? Why Trump has designs on tiny oil hub in the Persian Gulf

IN FOCUS: The island holds 94 per cent of Iran’s oil exports and could choke off the country’s economy for years. Maira Butt and James C. Reynolds report

Newslaundry

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

Radio France Internationale

Kharg Island, the fragile oil lifeline behind Iran’s war economy

A small island in the Gulf has become a flashpoint in the widening war involving Iran, the United States and Israel. Kharg Island handles almost all of Iran’s oil exports – making it a vital economic lifeline for Tehran.

Axios

Economy showed cracks pre-Iran attack, data shows

The economy was flashing stagflation signals even before the Iran conflict added an oil shock to the mix.

The Times of India

Cart of giant gold bars spotted in White House hallway during Donald Trump meeting. But why?

Massive gold bars, initially rumored to be seized from Nicolas Maduro, were displayed at the White House. The real story involves a new licensing deal between a Venezuelan state-owned mining company and Trafigura Group, aimed at re-integrating Venezuela into the global economy and boosting American industry.

The Independent UK

US economy expanded at sluggish 0.7% in fourth quarter, government says, downgrading first estimate

The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at a sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate

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