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The Latest Breaking News from Economy

McDonald's newest $3 value menu is sounding an alarm about America's K-shaped economy

The fast food giant's affordability push comes as lower-income consumers pull back on spending.

Fortune

Billionaire says US wealth inequality is 'completely unsustainable as a society'

Most indicators for the U.S. economy were relatively good last year, but not many Americans feel that way.

Fortune

As war raises oil prices, households pay while energy companies profit

War is costly. The ongoing American-Israeli war on Iran is already reverberating through the global economy. For most people, including American citizens, it means higher fuel prices and greater economic uncertainty.

The Conversation

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Starmer says 'we can't lose focus' on Ukraine amid Iran war during Zelenskyy visit

Zelenskyy's visit comes at a time when the Iran war has revived Russia’s ailing economy through increased oil revenue and scuttled US-brokered talks to end Russia’s invasion of Ukraine.

Euronews

5 Legit Ways to Earn Grocery Gift Cards This Month

Finding extra room in your monthly budget to cover the rising cost of basic food items is a massive challenge for most families. When the price of milk and eggs continues to fluctuate, you need creative ways to offset your weekly supermarket receipt. Fortunately, the digital economy provides several highly…

Grocery Coupon Guide

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn

The Guardian - AU

A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist

"The key issue is not simply crude oil itself. It is gasoline, the most visible price in the economy for consumers, and when that price jumps it hits psychology immediately."

Fortune

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I thought Buick was dead, but the Envista gives other SUVs a serious run for their money

This zippy SUV is full of surprises

Tom’s Guide

Minister plays down job losses as Chancellor prepares to commit to AI drive

Rachel Reeves is expected to pledge the UK to ‘the fastest AI adoption in the G7’ in an annual lecture in the City of London on Tuesday.

Evening Standard

Texas Democrats bullish about winning back Latino voters - Roll Call

Texas Republicans' redraw of the congressional map is running headlong into a Latino electorate disgruntled with Trump and the economy.

Roll Call

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Reserve Bank of Australia (RBA) has lifted official interest rates for the second time this year as it struggles to bring inflation under control, saying inflation is “likely to remain above target for some time”.

The Conversation

Reeves to push for ‘deeper relationship with the EU’ as she makes major AI pledge

Chancellor to push for stronger EU ties in bid to grow Britain’s economy

The Independent UK

Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?

Once a small fishing and pearling village, Dubai has grown to become a major financial, commercial and tourism hub in the Middle East.

The Conversation

Ray Dalio sees a pattern that shows China killing America's economy. This 2,000-year chart explains why

A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.

Fortune

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Euronews

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

UAE Minister of State Lana Nusseibeh sent a clear message to EU governments in a Euronews interview, stating that stability in the region is closely tied to Europe’s own economic and security interests.

Fortune

There's an oil price scenario that would bring the US economy to a 'standstill;

Higher-for-longer oil prices would lead to economic spillover effects that are much harder to control.

The Guardian - UK

Iran’s Hormuz blockade is its most powerful card against Trump and Israel. It won’t back down easily

By imposing massive costs on the global economy, the Iranian government hopes to cause the US to back down, says Jack Watling of the Royal United Services Institute

Euronews

Explainer: Why Kharg Island is vital to Iran and the global economy

Strikes have already hit military infrastructure on a small Iranian island in the Persian Gulf — but if oil facilities are targeted next, the global economy could face a serious shock.

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news in one place.

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Evening Standard

Michelle O’Neill: UK heating oil support ‘slap in the face’ for Northern Ireland

The First Minister told MLAs ‘these are the real-life implications of war’ as she called on them to ‘fight together for the people that we represent’.

The Independent UK

Michelle O’Neill says UK heating oil support ‘slap in the face’ for Northern Ireland

The First Minister told MLAs ‘these are the real-life implications of war’

Evening Standard

NI Finance Minister says £17m UK heating‑oil support ‘extremely disappointing’

Sir Keir Starmer confirmed Northern Ireland will receive £17 million of a £53 million package in support for home heating oil costs.

Grocery Coupon Guide

Grocery Prices Shift Again in March Shoppers Notice These 6 Changes

Walking the aisles of your local supermarket requires a highly flexible budget and a strong sense of observation right now. The economy is constantly shifting, and prices on shelf tags change rapidly as we transition out of the harsh winter months. Shoppers who blindly fill their physical carts with the…

TechRadar

Could weather apps cost the global economy tens of millions of dollars because of cloud-mongering?

Mobile weather apps displaying single-day icons mislead users, causing families to cancel trips and significant financial losses for UK attractions.

Saving Advice

Is a June Rate Cut Coming? What the New Inflation Numbers Actually Say

If you watch the economy—or just feel the price of groceries and gas inch up every month—you’ve probably wondered whether the Federal Reserve might finally...

Fortune

With Iran still in control of Hormuz, Trump threatens NATO and oil hits $106

The price of oil is driving everything today—even the cost of fertilizer.

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