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The Latest Breaking News from Economy

I drove the Mercedes-AMG E53 Hybrid Wagon for a week — and I felt like I was in an Iron Man suit

The 2026 Mercedes-AMG E53 Hybrid Wagon is a tech-obsessed vehicle that dazzles from the moment you step inside.

Tom’s Guide

An uneasy mix of celebration and anxiety dominates the ‘Davos of energy’ as the month-long Iran war further disrupts the global economy

The longer the Iran war lasts the more long-term demand destruction, inflation, and a global recession take hold.

Fortune

Indonesia faces a 'perfect storm' of downgrade fears, trade tensions and now the Iran war—and 2026 has only just started

Indonesia's difficult start to the year includes signing a trade deal the day before the U.S. Supreme Court overruled Trump's tariffs.

Fortune

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New Business Starts Hold Steady as U.S. Job Market Sends Mixed Signals

As hiring slows down and job opportunities dry up, business filings remain strong while Americans pivot after layoffs

International Business Times

G7 agrees to secure Strait of Hormuz but only after war in Iran ends

Foreign ministers of the Group of Seven made the mission to secure the Strait of Hormuz conditional on the cessation of hostilities in the Middle East.

Euronews

Our fossil fuel economy is a house of cards and Trump's war in Iran is about to topple it. The need for a clean energy transition has never been clearer.

Trump's war in Iran is the embodiment of everything that's wrong with our dependence on fossil fuels — and it's highlighting just how vital the transition to renewables is.

LiveScience

US-Iran war in numbers: Thousands killed and billions spent as fragile ceasefire takes effect

IN FOCUS: Iran and the US have agreed a temporary ceasefire after 39 days of war. James C. Reynolds reports on the costs of the conflict to date

The Independent UK

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Analysis: 1 month into war, Iran is using insurgent tactics and holding the world economy hostage

One month into their war with Iran, the United States and Israel find themselves confronting an opponent that fights more like an insurgency than a nation

The Independent UK

Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war

President’s move, dubbed Trump Always Chickens Out, appears to have soured as he loses hold on situation in Iran

The Guardian - US

Stricken Thai tanker runs aground as Britain warns Iran to stop 'holding global economy hostage' over Strait of Hormuz

The UK is working with allies on a plan to keep open the key strait once Donald Trump’s war de-escalates

Evening Standard

Financial Planners Report a Surge in ‘Living Gifts’ as More Boomers Transfer Wealth Early

Waiting for an inheritance has long been the traditional way wealth moves from one generation to the next. However, you might notice a significant shift in how families are handling their finances lately. Many older adults are no longer content to let their legacy sit in a bank account until…

Budget and the Bees

‘There is no silver lining in this trajectory’: Budget watchdog warns of financial, inflation, or currency crisis due to $39 trillion national debt

“It took decades to get us into this hole, and it will take a concerted effort to get out of it.”

Fortune

Oil Prices Push Up More Than the Cost of Gas. Here's What Gets More Expensive Next

From groceries to flights, higher oil prices ripple through your budget. Here's how the chain reaction works and when you may start to feel it.

Kiplinger

Iran holding world’s economy ‘hostage’ with Strait of Hormuz closure – Cooper

Donald Trump insisted talks with Iran are ‘going very well’ despite little information being known about the negotiations.

Evening Standard

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The Independent UK

Forking out £2,000 one way in economy to Australia – is this the new normal?

TRAVEL INSIDER: In the latest Travel Insider newsletter, Simon Calder unpacks how global airspace upheaval is sending flights soaring to £2,000 to Australia, rerouting planes over unlikely regions and shaking up the future of travel

Times Pets

How to Travel with Pets: New Airline Rules and Tips

Airlines have evolved in 2026 to accommodate pet parents better, with standout updates like Air India's "Paws on Board" now allowing cats and dogs up to 10kg (including carrier) in economy cabins across 80+ routes a big leap from prior 4kg limits and 72 hour notices. Booking is simpler at…

The Guardian - UK

Wall Street hits six-month low and Dow falls into correction as Trump ‘appears to lose his grip on markets’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude trades over $110 a barrel for first time since Monday

Evening Standard

FTSE 100 Live 27 March: Retail pressure mounts, gilt yield at 18-year high

President Trump’s extension of Iran peace talks has failed to cool oil prices after Brent crude touched $110 a barrel.

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Newslaundry

‘I’ll have to go home’: How India’s LPG crisis is pushing gig workers to the brink

Triggered by the conflict between Iran and the US-Israel alliance, an acute LPG shortage is placing a serious strain on India’s gig economy. As restaurants suspend operations or pivot to slower coal and electric stoves, food preparation has stalled – triggering a direct collapse in online order volumes.

The Independent UK

Rachel Reeves urged to raise taxes on companies profiting from Iran war

The price of oil has skyrocketed since the war in Iran began and the UK economy is predicted to see a drop in growth

Evening Standard

Consumer confidence drops amid ‘ripple of fear’ about Middle East conflict

The consumer confidence index by GfK saw expectations for the general economy drop.

The Independent UK

UK consumer confidence plunges amid ‘twin threat’ fallout from Iran war

The consumer confidence index by GfK saw expectations for the general economy drop

The Conversation

I went to CPAC and found Trump supporters unhappy about Iran, Epstein files and the economy, even while the fans at the MAGA conference celebrate his immigration policies

There is a pall over the Make America Great Again, or MAGA, movement. Donald Trump overpromised. His public support has fallen. Some “America First” die-hards now openly criticize him.

The Conversation

Could this energy crisis be worse for the global economy than COVID?

Despite reports of negotiations between the US and the Iranian regime, the Strait of Hormuz remains effectively closed to most oil tankers, with only a small number of vessels being allowed to pass. The result is a loss of roughly 11 million barrels per day (mbd) of oil and petroleum…

Euronews

Spain's parliament approves €5 billion package to curb impact of war in Iran

The European Union's fourth-largest economy has in recent years registered growth rates far higher than its peers, notably thanks to domestic consumption, tourism and exports.

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