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The Latest Breaking News from Economy

Why Elon Musk Says the World’s Economic Power Is Quietly Moving to India

When Elon Musk wrote four simple words, “The balance of power is changing,” he reflected a deep and measurable global transition. According to IMF projections for 2026, India is set to contribute a larger share to global economic growth than the United States. This shift is not sudden or symbolic.…

MyLifeXP

The Economic Survey has a new enemy: The RTI Act

In the recent Economic Survey, a document meant to discuss the state of the economy, the Chief Economic Advisor (CEA) has decided to hold forth on the need to amend the Right to Information Act, 2005.

Newslaundry

Credibility device, indirect redistribution: The political economy of the budget is clear

In 2026, the Indian economy entered the budget cycle at an unusual crossroads, even if that’s a cliché in economic analysis. Growth remains among the fastest in major economies, yet private investment is still uneven. Global conditions are volatile: wars in Europe and West Asia continue to disrupt energy and…

Newslaundry

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Trump's $100,000 H-1B visa fee hike to work in the US: Is America shutting best and brightest Indian talent out?

Sweeping US immigration and trade policies, particularly the H-1B visa fee hike to $100,000, are straining the strategic partnership with India. This has disrupted Indian professionals' careers, impacting IT giants and creating anxiety. Critics argue these protectionist measures undermine innovation and alienate a key partner, potentially boosting India's domestic tech…

The Times of India

From ‘unremarkable’ to ‘long-game’: How the press read Sitharaman’s hand

There were no headline-grabbing giveaways, no sweeping tax cuts, no “big bang” reforms designed to dominate prime time. Nirmala Sitharaman’s ninth budget seemed to match an economy that, at least on paper, is doing well considering global turbulence, and therefore needs steady steering more than fixing.

Newslaundry

NZ’s $2.5 billion shoddy building bill: how to fix the ‘build now, fix later’ culture

New Zealand’s residential construction industry contributes roughly NZ$26 billion annually to the economy and employs around 70,000 workers. Yet despite its significance and scale, the sector’s productivity levels have flatlined since the mid-1980s.

The Conversation

China's export-led growth is looking more and more unsustainable while a real estate crash and reeling consumers fuel deflationary spiral

"China’s growth model is becoming increasingly difficult to sustain."

Fortune

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What’s stopping sunny South Africa’s solar industry? Court case sheds light on the wider problem

A South African solar manufacturer, ARTsolar, is taking the government and several renewable energy developers to court. The case focuses on local content rules for renewable energy projects. ARTsolar says it invested in new manufacturing capacity because it expected these rules to lead to orders for locally assembled solar panels.…

The Conversation

I drove the Infiniti QX80 for a week — here’s how it compares to other 3-row SUVs I’ve tested

The 2026 Infiniti QX80 is a 3-row full-size SUV with seating for up to 7 passengers.

Tom’s Guide

‘Homeland or death’: Cuban President Miguel Diaz hits back at US tariff threat on oil suppliers

Cuba's President Miguel Diaz-Canel strongly criticizes the United States for threatening tariffs on oil suppliers. He states the move aims to choke the Cuban economy. Diaz-Canel accuses the US of using force and dictating trade partners. Cuba vows to respond with firmness and confidence. The US order labels Cuba a…

The Times of India

I’m a Financial Advisor: 5 Investing Tips To Combat a Frustrating Economy

Eric Kelley, chief investment officer at UMB Bank, cuts through the confusion to offer 5 tips to manage your investments when the economy is challenging.

GOBankingRates

Urban Outfitters, Dreams and Royal Parks cafes criticised for use of gig economy app

TUC urges ministers to bring forward changes to protect workers amid concerns over apps such as Temper

The Guardian - UK

'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted while policymakers wait for the wrong alarm

EXCLUSIVE: The creator of the Sahm Rule on why she’s concerned about the long-term health of America’s economy.

Fortune

Starmer hopes his China trip will begin the thaw after recent ice age

PM flies out after courting world’s second biggest economy aware of difficult balance of risks and potential rewards

The Guardian - UK

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The Conversation

3 things to know about Kevin Warsh, Trump’s nod for Fed chair

After months of speculation, President Donald Trump nominated Kevin Warsh on Jan. 30, 2026, to be the next chair of the Federal Reserve.

The Guardian - AU

Chalmers rejects opposition claims Labor is fuelling inflation, and says he is ‘impatient for reform’

Australian treasurer ‘open’ to tax reform and says the government wants to tackle intergenerational inequity

Kiplinger

The U.S. Economy Will Gain Steam This Year

The Letter editors review the projected pace of the economy for 2026. Bigger tax refunds and resilient consumers will keep the economy humming in 2026.

Euronews

Why are Spain and Portugal growing twice as fast as the eurozone?

Iberian economies outperform peers, supported by strong domestic spending and thriving industries.

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The Independent UK

Europe sees modest growth, but the weaker dollar looms as a threat

The European economy recorded modest growth at the end of last year, overcoming higher U.S. tariffs

The Guardian - UK

Donald Trump expected to nominate Kevin Warsh as US Federal Reserve chair

Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence

The Independent UK

Taiwan's economy grows 8.6% in 2025, fastest rate in 15 years, turbocharged by the AI boom

Taiwan has reported its economy expanded at an 8.6% annual rate last year, its fastest growth in 15 years

The Guardian - UK

Wall Street opens lower after Trump nominates Kevin Warsh as next Fed chair – as it happened

Rolling coverage of the latest economic and financial news

We Got This Covered

‘I’m sorry when did it become my responsibility?’: Passenger settles into luxurious $7,000 business class seat when mom makes bold request

Who would say “yes” to this?

The Independent UK

Norfolk Southern's profit slips 12% amid merger costs and economic uncertainty

Norfolk Southern's quarterly profit slipped 12% amid the uncertain economy, as well as costs related to its efforts to merge with Union Pacific and create a transcontinental railroad

GOBankingRates

Trump’s New ‘Board of Peace’: What Geopolitics Has To Do With Your 401(k) and Investments

The "Board of Peace" could have lasting effects on the American economy (and your wallet).

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