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The Latest Breaking News from Economy

The U.S. economy is booming — just not where 50 million Americans live

Economic opportunity in America has become dangerously concentrated, with just over 100 counties accounting for half of all U.S. job growth.

Fortune

Labour Day 2026: The Hidden Cost of Gig Work in India

Every year, International Workers' Day invites reflection on the dignity of work, the rights of workers, and the evolving nature of employment. In 2026, that reflection feels more urgent than ever in India, where the rise of gig work has quietly reshaped what it means to earn a living. What…

Times Life

US national debt is now bigger than the economy for first time since World War II

Lawmakers urged to ‘stop the bleeding’ and put the country on a more sustainable fiscal path

The Independent UK

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The national debt is the same size as the economy. It's a 'disturbing warning and a call to action,' watchdog says

A new bipartisan survey finds near-universal concern that the national debt is driving up everyday costs, as fiscal confidence hits a 22-month low

Fortune

NatWest earnings boosted despite gloomier outlook for UK economy

Like other high street lenders, NatWest expects to be bolstered by interest rates staying higher for longer.

Evening Standard

Renault says ‘seismic shift’ in electric car interest after Iran war oil price shock – as it happened

Live, rolling coverage of business, economics and financial markets as French carmaker says electric car enquiries have soared since US-Israeli attacks on Iran

The Guardian - UK

Why Investors Are Quietly Choosing India

Something unusual is happening in the global economy. While major powers struggle with uncertainty, rising costs, and slowing growth one country is quietly gaining attention. India. From global investors to economic experts, the conversation is shifting. But this is not just another growth story. It is something deeper, something more…

MyLifeXP

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Iran's monthslong internet shutdown is crushing businesses in an already battered economy

Iran’s 90 million people have been cut off from the global internet for most of 2026, one of the world’s longest and strictest national shutdowns

The Independent UK

Cognitive Explainable AI Challenges The Bigger Is Better Narrative In AI

Artificial intelligence could contribute up to 16% or approximately $13 trillion to the global economy by 2030, while also increasing global GDP by as much as 26%.

International Business Times

Oil Shock From Iran Conflict Pushes Global Economy Toward Stagflation Risk: Analysis

A sustained energy supply shock is reshaping global economic expectations, with analysts warning that inflationary pressure and slowing growth are increasingly moving in tandem across major economies.

International Business Times

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

The Independent UK

A month ago, Trump told allies the Strait of Hormuz was not his problem. Now he’s begging them to fix it for him

Well, it's his problem now.

We Got This Covered

U.S. Economy Expands By 2% In First Quarter But Iran War Muddies The Outlook

The U.S. economy expanded by 2% in the first quarter of the year, rebounding after the last three months of last year's 0.5% increase.

International Business Times

Why the AI Sector Needs a Cold Shower: Reconciling Investment with Consumer Reality

There's a critical disconnect between aggressive AI capital expenditures and the modest growth of global consumer purchasing power. While the first phase of the AI boom was fueled by an internal investment loop among tech giants, the industry now faces a "macroeconomic gravity" where astronomical valuations must finally be justified…

Barchart

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The Independent UK

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown

Euronews

This airline just launched Europe’s smallest free cabin allowance (and it's not a budget carrier)

Lufthansa’s latest no-frills offering takes air travel back to the very bare basics, but how does its cabin allowance stack up against those offered by other European carriers?

The Guardian - UK

Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation

The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisis

GOBankingRates

I Asked ChatGPT: What Current Problems in the US Could Crash the Economy?

ChatGPT flagged high rates, rising debt, global conflict and shaky markets as pressures that could collide and tip the U.S. economy. Find out more now.

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Fortune

The global economy has a month—eight weeks at most—to avoid a recession, warns top economist

“The irony in all this is that the U.S., which started the war, does better in relative terms than anybody else because of its energy supplies.”

The Independent UK

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

Fortune

Thom Tillis: Free markets built American prosperity. Government intervention puts it at risk

Price controls, patent seizures, and institutional investment bans will undermine the very system that made America the world's most dynamic economy.

Euronews

French growth stalls as Iran war energy shock hits economy

France's first-quarter data shows slowed growth, rising prices and collapsing exports, laying bare how quickly the Iran war's energy shock is feeding through to Europe's second-largest economy.

MyLifeXP

Why These New Amrit Bharat Trains Matter More

What if traveling across states became easier, cheaper, and more connected than ever before? For millions, long-distance journeys are not just about reaching a destination they carry emotions, responsibilities, and dreams. Whether it’s work in a new city, visiting family, or seeking spiritual peace, every journey matters Now, something has…

The Guardian - UK

Why is Britain’s economy so stuck? It’s the tension between what voters want and what the bond markets allow

There is no such thing as the Bond Dealers party, but there might as well be – the people who trade in UK debt exert a stranglehold over our politics, says Guardian columnist Larry Elliott

The Guardian - UK

Rising costs forcing 3m UK households to skip meals, Which? report finds

Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorate

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