The Latest Breaking News from Economy

Inside the Economics of Australia's Online Pokies Boom

Australians lose more money per person on gambling than any other nation on earth, and pokies have long sat at the centre of that habit. What is shifting now is where the money goes.

inkl · Aug 11

Indian Jewellery Pieces Worth Owning Before Artisan Craftsmanship Disappears Forever

The Man Who Makes It Is Sixty-ThreeThe karigar who makes Odisha's finest filigree silver earrings is sixty-three years old, and his son drives an auto-rickshaw. This is not a tragedy in the making. It is already made. Across India's jewellery-making clusters, Karimnagar in Telangana for silver filigree, Jaipur for meenakari,…

Times Life · Aug 11

Why Choosing Kundan Jewellery Has Always Been a Political Statement in Indian Fashion

The Weight It Carries Before You Put It OnKundan arrived in Indian jewellery not as decoration but as court language. The Mughal ateliers in Agra and the Rajput goldsmiths of Jaipur and Bikaner refined it over centuries into something that communicated rank, alliance, and aesthetic allegiance simultaneously. The technique, setting…

Times Life · Aug 11

Anemic' Trump Economy Loses 23,000 Jobs As Soaring Iran War Inflation Crushes American Workers

Economist Heather Long warns that Trump's economy is fragile, with job losses and inflation eroding wage gains, leaving American workers vulnerable. The Iran conflict exacerbates inflation, impacting household budgets.

International Business Times UK · Aug 10

Trump Adviser Sounds Alarm On Fuel Prices, Grocery Inflation As Iran War Keeps Energy Costs High, But Sees US Economy Entering 'Liftoff Stage'

Kevin Hassett, director of the National Economic Council, expressed his concern about the ongoing high fuel prices and inflation, against the backdrop of the continuing Iran war, which has been a significant contributor to the current economic scenario.

Benzinga · Aug 10

CAG report flags fall in Delhi’s contribution to national GDP

A CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-tax revenue declined. Government expenditure saw higher revenue spending, limiting capital investment opportunities. Subsidies, especially for power, increased significantly over the decade. Capital expenditure declined, impacting infrastructure and transport…

The Economic Times · Aug 10

End of Haitian TPS Threatens South Florida's Tourism Workforce as Hotels and Restaurants Brace for Labor Gaps

The end of Temporary Protected Status for Haitians is emerging as a labor problem for South Florida's tourism economy, where hotels, restaurants and other hospitality businesses rely heavily on immigrant workers and are already warning that losing thousands of legally authorized employees could disrupt operations.

Latin Times · Aug 10

Scott Bessent Says America's 'K-Shaped' Economy Is Dead, But Robert Reich Fires Back With a McDonald's Warning: 'Very Much Alive, Even CEOs are Admitting It's a Problem'

Treasury Secretary Scott Bessent says the U.S. economy is moving beyond the K-shaped divide, but economists and corporate leaders continue to offer mixed views on the health of American consumers.

Benzinga · Aug 10

ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's…

The Economic Times · Aug 10

Why Mexican Influencers Are Being Killed on Camera: The Hidden Role of Cartels in the Creator Economy

César Gastélum's death reveals how Mexico's cartel conflict is increasingly intersecting with influencer culture, exposing online personalities to threats beyond the screen.

International Business Times UK · Aug 10