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The Latest Breaking News from Economy

Breaking Live 4 publishers covering this story in the last 6 hours

7m ago US business activity cools in October; strong demand fueling price pressures
41m ago What is the state of the UK economy heading into next week’s Budget?
4h ago France slips into contraction as Europe’s growth slows: How bad could it get?
4h ago US midterm elections 2026: Why its a do-or-die fight for Trump & the Democracts - explained in 10 charts

A Burrito Costs How Much?

Plus: The economy lost 23,000 jobs in July, inflation is outpacing wage growth, Trump is still mad about birthright citizenship, and more...

Reason · Aug 7

Trump Says Data Centers Could Be Bigger Than Oil, Urges States to Cut Taxes and Accelerate AI Growth: 'If I Were Governor...'

President Donald Trump said on Friday that data centers could eventually become a bigger industry than oil, calling them significant for the U.S. economy.

Benzinga · Aug 7

The Labor Market Was Expected To Add Over 80,000 Jobs. It Has Shed More Than 20,000

The U.S. economy unexpectedly shed 23,000 jobs last months, according to the Bureau of Labor Statistics.

International Business Times · Aug 7

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Trump And Warsh Reportedly Held Multiple Calls Over The Past Weeks, Renewing Scrutiny Over Fed Independence

According to people familiar with the discussions, Trump has sought Warsh's views on economic forecasts and broader issues affecting the U.S. economy, but has not pressured him to pursue a specific monetary policy.

International Business Times · Aug 7

Your Minority-Owned Business Is Flourishing, So Why Are Buyers Walking Away From a Sale? A Corporate Attorney Explains

Minority-owned businesses contribute billions to the economy. But when it's time to sell, founders can struggle to close the deal. How to face the challenges.

Kiplinger · Aug 7

AI safety: India must keep humans in the loop, prevent exclusion, says CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial exclusion and humans must remain involved. Fintech aids economic adoption, especially for SMEs and retail personal finance. Sustained cross-border payment growth depends on expanding trade volumes.

The Economic Times · Aug 7

American Airlines Elite Upgrade Changes Quietly End the Free Jump From Coach to Business Class Seats

From 25 August, American Airlines elite flyers in coach lose free business-class upgrades on nine premium routes and will be bumped only to premium economy instead.

International Business Times UK · Aug 7

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To poll or not to poll: Trump’s US economy claims tell only part of the story

Donald Trump touts economic successes, but facts present a mixed picture. Job growth has slowed considerably in recent years, despite record highs. The stock market has seen new records, driven by company profits and AI. Manufacturing activity shows improvement, though job creation remains limited. Investment figures cited by Trump appear…

The Economic Times · Aug 7

Scott Bessent Declares America's Economic Gap 'Over' as Broader Data Paint a More Mixed Picture

Economists say wages tell only part of the story, with wealth, spending and financial resilience still favouring higher-income households.

International Business Times UK · Aug 6

CIMBT calls for sustainable data centre investment

CIMB Thai Bank (CIMBT) has urged policymakers to prioritise sustainable investment in data centre projects to maximise the long-term benefits for the Thai economy.

Bangkok Post · Aug 6

Medium CEO Tony Stubblebine on Why AI Could Kill the Creator Economy

"By definition, a journalist at the New York Times doesn't know what they're talking about. They're researchers."

International Business Times · Aug 6

Quote of the day by JD Vance on 'Limousine socialists': 'They're not promising you industry, they're not promising you good jobs, what they are promising you is...'

Vice President JD Vance recently unleashed a brutal attack on what he called 'limousine socialists' as he spoke against Democratic Abdul El-Sayed who won the Michigan primary. Though it is a rant against a Democrat politician, it reflected Vance's overall thought on socialism. "They're not promising you industry. They're not…

The Times of India · Aug 6

We're 'me-maxxing' so much, we're saying 30% fewer words a day than we did 20 years ago

From Tom Wolfe's "Me" decade of the 1970s, to the convenience economy of the 2020s, we're "me-maxxing" our time, and we're talking less as a result.

Fortune · Aug 6

Trump calls his economy the ‘greatest we’ve ever had,’ brands the poll numbers ‘Crooked and Corrupt’

He blamed the ‘Radical Left.'

We Got This Covered · Aug 6

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The Economic Times · Aug 6

Decoding how AI has transformed professional education

Artificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI expertise with business and domain knowledge. Universities are adapting by offering new industry-aligned AI programs globally. India is also witnessing this shift with institutions strengthening AI education. These programs prepare graduates for leadership in…

The Economic Times · Aug 6

Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: What do Nobel Prize-winning economists understand about human behavior and financial freedom? Life lessons on decision-making, mindset, wisdom, success, character, personal growth, and why their economic insights still shape smarter choices today

Today's Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: Milton Friedman, Joseph Stiglitz, and Paul Krugman spent decades studying markets, governments, businesses, and human behavior. Their words are not merely academic observations. They are lessons drawn from decades of research, public debate, policy advising, and…

The Times of India · Aug 6

Watch: Smoke engulfs Russian city after Ukraine targets two oil refineries in long-range attacks

A major oil refinery in Russia's Yaroslavl region caught fire following a drone attack, with Ukrainian President Volodymyr Zelenskyy claiming Kyiv had struck two oil-processing facilities deep inside Russian territory as part of its campaign to weaken Moscow's war economy.

Fortune · Aug 6

Northwood Space's Bridgit Mendler on the next chapter for space startups

Bridgit Mendler—a Harvard and MIT grad who cofounded Northwood in 2022—draws attention for her childhood as a Disney Channel star. But she’s chasing one of the most granular (and most vital) space economy problems.

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The Economic Times · Aug 6

As Seen on Netflix: Tourism Ministry, Netflix launch portal to promote India's filming locations

The Ministry of Tourism and Netflix India launched a new website section. This initiative promotes Indian destinations and cultural heritage through storytelling. Viewers can now discover real filming locations featured in Netflix originals. The collaboration aims to boost tourism and strengthen the creative economy.

AAP · Aug 6

'Scam': Uber drivers and dog walkers in Hanson's sights

One Nation's leader says the Australian migration system fails to prioritise the skills the economy actually needs, which is worsening the housing shortage.

The Economic Times · Aug 6

Global Market: China stocks hold steady as gold miners gain, tech shares slip; Hong Kong dragged by insurers

The Chinese stock market showed minimal fluctuation as gold shares increased, counteracting declines in tech. Meanwhile, Hong Kong faced market pressure as insurer stocks plummeted sharply. Investors are closely monitoring U.S.-China trade relations, with forthcoming trade data expected to shed light on China's economic condition. It is expected that policymakers…

Benzinga · Aug 6

Kevin O'Leary Says Wall Street Is Booming While Main Street Still Feels Inflation's Pain

Investor and television personality Kevin O’Leary said the U.S. economy is showing strength through strong corporate earnings and stock market gains, but warned that persistent inflation and high energy costs are preventing many Americans from feeling the benefits.

The Texas Tribune · Aug 6

James Talarico rolls out economic agenda that takes aim at “false Gospel of trickle-down economics”

Like his U.S. Senate rival, Ken Paxton, the Austin state lawmaker introduced a plan to address what he called an “affordability crisis.” But they differed on who is to blame for rising costs.

The Independent UK · Aug 6

Bad News: Employers are hiring fewer people. Good News: The ones who land jobs are being paid more

It was the weakest month for new jobs since January, according to new data

Roll Call · Aug 5

At Las Vegas campaign stop, Trump slams Michigan winner Abdul El-Sayed

President Donald Trump on Wednesday took his midterm campaign show to a casino a few miles off the Las Vegas strip in Nevada, where Republicans are targeting three light-blue House seats with control of the chamber on the line in November. The head of the Republican Party hit on his…

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