The Latest Breaking News from Economy

Trump Tries To Take Credit for a Walmart July 4 Grocery Sale

He understands economics about as well as he understands the limits of presidential power.

Reason · Jul 8

School Assembly News Headlines Today, July 9: Top national, world & sports news; Thought of the Day and news for students

School Assembly News Headlines: Monsoon showers bring relief to Delhi while Orange Alerts remain in place across several states. The Prime Minister's Office reviews El Niño's potential impact on agriculture and the economy. US authorities charge Lawrence Bishnoi and Goldy Brar in connection with a Canadian killing. Bahrain activates emergency…

The Economic Times · Jul 8

Warren's Plan To 'Fix' Social Security Would Be Largest Tax Increase in Over 40 Years

Her plan is being pitched as a tax on the wealthy, but half the burden would fall on businesses. That would have dire consequences for the economy.

Reason · Jul 8

UK inflation set to ease back faster than expected, says IMF

It came as the global economic body said the global economic shock from the conflict in the Middle East was ‘better than feared’.

Evening Standard · Jul 8

IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%

India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is predicted to ease to 3.0 percent in 2026, domestic demand is set to drive India's economic growth amidst international uncertainties. The Reserve Bank of…

The Economic Times · Jul 8

First Class Gets Champagne, Economy Gets Crowds: US Airlines Redesign Flights Around High-Paying Passengers

US airlines are investing in premium travel options to attract high-spending passengers, expanding luxury services while economy travellers face higher costs and additional fees.

International Business Times UK · Jul 8

Surge pricing is broken – but there’s a smarter way to match gig workers with consumers

Millions of Americans tap their smartphone screens daily to order rides, groceries or dinner, hooked on the seamless convenience of the gig economy.

The Conversation · Jul 8

India's economy suffers from 'standstill' in ambition despite 6% growth, says Surjit Bhalla

Economist Surjit Bhalla notes India's economic standstill despite six percent growth. He argues government protectionism discourages manufacturing investment and global competitiveness. Indian firms possess healthy balance sheets but avoid large-scale manufacturing commitments. Bhalla contrasts India's approach with East Asian models demanding export performance. He suggests moving away from protectionism to…

The Economic Times · Jul 8

Spain pitches €850bn per year in common EU borrowing

Spanish Economy Minister Carlos Cuerpo will pitch a new common debt mechanism ahead of a meeting of euro-area finance ministers in Brussels on Thursday.

Euronews · Jul 8

AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says

Jim Reid was optimistic on AI’s ability to transform the economy, but suggested its benefits were not yet guaranteed.

Fortune · Jul 8