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The Latest Breaking News from Economy

‘A feedback loop with no brake’: how an AI doomsday report shook US markets

Shares in Uber, Mastercard and American Express fall on back of apocalypse scenario posted on Substack

The Guardian - UK

4 years on, Russia's Ukraine 'blitz' drags on: How the conflict redefined warfare, shattered Europe

On 24 February 2022, Russian forces crossed into Ukraine on the orders of President Vladimir Putin. What was expected by many to be a swift military operation has become one of the longest and most consequential wars of the 21st century.

The Times of India

The viral 'Ghost GDP' essay predicting a devastating AI doom loop is a warning to CEOs as they decide how much work to automate

Also: All the news and watercooler chat from Fortune.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump delivers State of the Union – but what is the union’s actual state?

Speech comes as midterms loom and opinion polls show more voters disapprove than approve of his performance

The Guardian - US

I drove the Hyundai Palisade for a week — and it’s the most affordable 3-row SUV I’ve tested this year

I put the 2026 Hyundai Palisade to the test to see what kind of fuel economy this 3-row, mid-size SUV can get from its 3.5L V6 8-speed automatic transmission engine.

Tom’s Guide

How You Can Rebuild Your Emergency Fund — Even in an Uncertain Economy

Changing your savings strategy can help you rebuild your emergency fund, even in today's economy.

GOBankingRates

Scrapping business class could halve aviation emissions – new study

Air travel is famously one of the hardest sectors to decarbonise, and the number of air passengers keeps increasing. Electric planes and “sustainable” aviation fuels are still a long way off making a dent in the industry’s emissions – if they ever will.

The Conversation

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The record gap between corporate profits and worker pay has an ‘undercurrent of betrayal,’ top economist warns

“Something in our economic narrative is broken.”

Fortune

‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of AI’s 2028 crisis that nobody sees coming

The S&P 500 will also plunge 38%, and unemployment will exceed 10%, James Van Geelen’s Citrini Research predicts.

Fortune

US tariffs are ‘here to stay’, warns Bank of England rate-setter

Alan Taylor indicated that tariffs could lead to shockwaves across the economy for ‘many years’.

Evening Standard

Global Markets Shift Toward Instant Payment Infrastructures

The global financial architecture is undergoing its most significant transformation in decades, driven by a singular, powerful imperative: immediacy. For generations, the standard for moving money involved clearing cycles that could take days, a legacy of batch-processing systems designed in a pre-digital era. However, as the digital economy accelerates, the…

inkl

6 Mistakes Boomers Are Making With Their Money in the Trump Economy

As economic uncertainty grows months into President Trump's second term, many baby boomers are making money moves that could jeopardize their retirement.

GOBankingRates

Why Trump’s ‘greatest economy’ boast could hurt him with voters

History suggests that voter anxiety can outweigh good economic numbers at the polls. Just ask George H.W. Bush and Bill Clinton.

Fortune

UAE launches first 7-year Islamic Sukuk: AED 550m tranche sees sixfold demand surge

The UAE has successfully launched its first seven-year Islamic Treasury Sukuk. This new offering, valued at AED550 million, attracted nearly six times its value in bids. The issuance marks the longest maturity under the program. This move strengthens the UAE's Islamic finance framework and the dirham yield curve. Investor confidence…

The Times of India

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The Independent UK

Meet the Russian business owners feeling the pinch from a new wartime tax policy

After four years of war, the pressure on Russia’s economy is starting to show

Evening Standard

Harbour-dredged mud used for ‘remarkable’ restoration of protective saltmarsh

Eroding saltmarsh around Lymington Harbour being restored in innovative scheme that could be replicated elsewhere.

Evening Standard

Energy crisis cost Scottish economy £11bn, study finds

The report shows soaring gas prices cost Scottish households an additional £5.8 billion between 2021-24.

The Independent UK

Mortgage and business lending slowdown expected in 2026 but dip is ‘temporary’

‘All signs’ point to 2026 being a temporary dip, rather than a long-term slowdown, according to the EY Item Club bank lending forecast.

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune

The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity, former central bank advisor says

“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

The Conversation

Three ways Canada can navigate an increasingly erratic and belligerent United States

The United States Supreme Court recently struck down President Donald Trump’s sweeping global tariffs imposed under the country’s International Emergency Economic Powers Act. The court stated that the law, intended for national emergencies, does not grant the government the authority to impose tariffs.

Euronews

American rights to free speech vs. European rights to set their own rules

Europeans and Americans talk past each other while rivals watch. The EU can set its own standards, but in an interconnected economy, decoupling fantasies and grandstanding won’t help.

GOBankingRates

Why Scott Galloway Says America Is Failing the Middle Class and What Families Should Do in 2026

Scott Galloway explains why the middle class is falling behind and shares what families can do in 2026 to protect income, wealth and stability.

AAP

Be bold in May budget, roundtable guests urge Chalmers

It's too early to tell whether Jim Chalmers' productivity roundtable will result in meaningful change for Australia's economy. The May budget could be crucial.

The Independent UK

Global leaders and businesses pore over fallout of more US tariff swoons

Business chiefs and government leaders are poring over the fallout of a U.S. Supreme Court decision that invalidated some tariffs by President Donald Trump's administration and his response to it

The Guardian - UK

Don’t be fooled by recent good news, the UK economy is still in a precarious state

Labour MPs may clamour for bolder spending, but – like their Tory and Reform counterparts – they ask for the unaffordable

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People

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