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The Latest Breaking News from Economy

How the war in Iran could ‘guarantee’ a global recession

How a waterway barely 30 miles wide could plunge the world into recession.

Fortune

Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy

That empire includes core industrial sectors like oil and transportation as well as banking, telecommunications, agriculture, medicine, and real estate.

Fortune

Iran conflict could worsen America's affordability crisis

Gas prices were among the few deflationary sources in the economy where price pressures are apparent on multiple fronts.

Axios

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read the most diverse news in one place.

South Africa’s move to greener energy is creating new jobs, but benefits aren’t evenly spread

South Africa’s green transition is creating jobs. But not for everyone.

The Conversation

Iranian Rial to USD Hits Record Low Amidst Real 'WW3' Fears and Current Air Strikes

The Iranian rial has hit a record low against the USD amid escalating geopolitical tensions, leaving the economy in turmoil.

International Business Times UK

As China's economy slows, some young people are snapping up cheap apartments to 'retire' early

As China’s property market craters and youth unemployment rises, burned-out young professionals are fleeing megacities for ultracheap housing in remote towns

The Independent UK

Soaring numbers of jobless young women costing economy billions – report

PwC estimates that cutting young female Neet rates in the UK to 3.6% could add up to £11 billion to economic output.

Evening Standard

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Why More Couples Are Moving Cash Into High-Yield Accounts

Couples today are rethinking where they keep their cash, and many are realizing that traditional savings accounts simply aren’t cutting it anymore. With interest rates still elevated and financial uncertainty lingering, high‑yield savings accounts have become one of the easiest ways to earn more without taking on extra risk. For…

Dinks Finance

Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever

Boomers—particularly wealthy older people—are “driving the train” when it comes to the economy right now, economists told Fortune.

Fortune

Latest data under spotlight as pressure builds on rates

Fresh economic figures will be scrutinised by the Reserve Bank of Australia as it assesses the nation's economy before a key meeting on interest rates.

AAP

Midterm ‘blue wave’ could block Trump’s agenda and launch investigations – here’s what’s at stake

Democrats hope to capture the House, but the Senate could be a heavier lift in November’s midterm elections

The Guardian - US

The week the AI scare turned real and America realized maybe it isn't ready for what's coming

From the "Ghost GDP" to mass layoffs at tech companies, this was the week AI's new collar economy took full effect.

Fortune

Hyundai Bayon 1.0T Tech Line: An old-school crossover SUV gets a slick update

CAR REVIEW: It may not be electric, or even hybrid, yet this compact but nippy character can still keep up with the pack, discovers Sean O’Grady

The Independent UK

Beware the paper bear — stripping Putin’s economic bluff bare naked

Russia's "paper bear" economy fools Trump.

Fortune

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news in one place.

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The Guardian - US

Fox News host and former Trump aide falsely claims president was never on Epstein’s plane – as it happened

This live blog is now closed.

Whats Hot

India’s GDP Grows 7.8% in Q3 FY26 Under New Calculation Method

India’s economy maintained its strong growth momentum in the final quarter of 2025, reaffirming its position as the world’s fastest-growing major economy, according to fresh data released on Friday.

The Independent UK

Failed house sales cost England’s economy nearly £1bn a year

IN FULL

Fortune

Citadel Securities demolishes viral AI doomsday essay, arguing the real ‘Global Intelligence Crisis’ is ignorance of macro fundamentals

So you’re spooked by a viral essay. How about, I don’t know, looking at the data?

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The Mary Sue

Economy passenger shames seatmate for reclining on 50 min flight. But people are quick to call her out: ‘If it reclines, I will recline’

Seats on planes are getting smaller by the year.

Fortune

Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more

The best time to chip away at the national debt and balance the budget is now, when the economy is strong, says the IMF. Trump’s trade tariffs are making that difficult.

Axios

Economists are questioning the K-shaped economy narrative

The K-shaped narrative has seeped into how policymakers think about risk.

Euronews

Poland beats Spain on income as Tusk claims ‘European elite’ status

Poland's per capita income calculated in purchasing power parity (PPP) has overtaken Spain as it edges closer to UK levels.

The Independent UK

Report: Attacks on Ukraine's energy system to lower economic growth this year and next

Ukraine's economy will see less growth this year and next due to damage to its energy infrastructure from Russia's attacks

Euronews

Top five things Germany's Merz should do to make his China trip a success

While the German chancellor is visiting China in a major test of whether he can establish a relationship with President Xi and promote trade with Beijing in favour of the German economy, Euronews asked a China expert and Merz adviser for their top tips.

The Independent UK

IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy

The IMF is letting Egypt tap about $2.3 billion more from its loan program after it says reforms are steadying the economy

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