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The Latest Breaking News from Economy

JD Vance’s claims about Orbán, the EU and Hungary fact-checked

US vice-president said bloc tried to ‘destroy’ country’s economy, despite it being a net recipient of EU funds

The Guardian - UK

Fact-checking JD Vance's claims that Brussels is 'harming Hungary'

Is Brussels crippling the Hungarian economy and making Budapest less energy independent? JD Vance’s speech in Budapest makes several misleading claims.

Euronews

The Death of the Bear Market: Why Classic Recessions Are a Thing of the Past and Inflation Is the New Norm

Is the bear market officially dead? Dive into a deep analysis of the post-2008 financial paradigm, where inflation serves as a permanent insurance premium for social stability. Learn how the inertia of the M2 money supply creates an inescapable trap for regulators and why buying the dip has become the…

Barchart

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Head of IMF says Iran war will permanently scar global economy even if peace is reached

Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards

The Guardian - UK

The Middle East Paradox: How Global Energy Shocks Actually Benefit the U.S. Economy

While a protracted Middle East conflict threatens Eurasia with severe energy deficits, the U.S. economy stands to benefit. Backed by domestic energy self-sufficiency, America is positioned to attract a massive inflow of global capital and industrial relocation, turning a global crisis into a profound competitive advantage.

Barchart

US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate

The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate

The Independent UK

Stocks Slip Before the Open as Oil Rebounds Amid Fragile U.S.-Iran Ceasefire, PCE Inflation and GDP Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.25% this morning as oil prices advanced amid waning optimism about the U.S.-Iran ceasefire.

Barchart

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Fiscal discipline as Ukraine's real test on the road to EU membership

Fiscal discipline will be Ukraine's real test on the road to EU membership, writes Danylo Hetmantsev, chair of parliament’s finance, tax and customs committee, in an op-ed for Euronews. He argues that Ukraine has already shown it can turn shadow economy reforms into real revenue.

Euronews

Famous vineyard region raided as black economy targeted

Vineyards and labour-hire companies who exploit vulnerable workers are being targeted by federal authorities cracking down on the black economy.

AAP

Venezuelan acting President Delcy Rodríguez asks workers for patience and promises May wage increase

Venezuelan acting President Delcy Rodríguez has asked public and private sector workers for patience as her government works to improve the economy

The Independent UK

How Australia’s mining sector locks women out of high-paying roles

Mining is a critical industry for the Australian economy and has the potential to offer secure, well-paid and meaningful careers.

The Conversation

Billions Lost to Server Outages in 2025: Cloud Failures Cost Global Economy Hundreds of Billions

A cascade of major cloud and server outages throughout 2025 exposed the fragility of the world's digital infrastructure, with analysts estimating that unplanned IT downtime inflicted hundreds of billions of dollars in global economic losses as businesses, governments and consumers grew ever more reliant on always-on services.

International Business Times

£30 million hit to London economy after Wireless Festival cancelled over Home Office Kanye West ban

The Finsbury Park festival was called off on Tuesday when the Home Office confirmed headliner Kanye West would be blocked from entering Britain

Evening Standard

Big Tech Abandons Multi-Billion Dollar Data Centres in US as Investors Demand Energy, Water Usage

Global tech giants are abandoning multi-billion-dollar data centre projects across the US due to mounting environmental pushback. Investors are now demanding full disclosure of water usage and site-specific energy audits to mitigate ESG tech reporting risks. Learn how AI energy demand is reshaping the future of the digital economy.

International Business Times UK

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The Conversation

Why Americans are buying $22 smoothies despite feeling terrible about the economy

Americans are skipping restaurant dinners, delaying car purchases and scouring for grocery deals. Amid tariff anxiety and broader stress over affordability, consumer confidence has dropped to levels not seen in over a decade, according to The Conference Board, a business think tank. At this point, it’s wealthier consumers who are…

The Independent UK

The used SUVs that hold their value best, according to Edmunds

Depreciation is typically unavoidable, but certain vehicles tend to hold their value better than others

Barchart

Dollar Edges Lower Ahead of Tuesday Night's Iran Deadline

The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar were limited after US Feb capital goods new orders nondefense...

Fortune

Sam Altman and Vinod Khosla agree: AI will break the economy. Their fix is no income tax for most Americans

The venture capitalist's proposal to eliminate income taxes for earners under $100,000 now has a powerful institutional ally—the most valuable AI company on the planet.

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Fortune

Top economist Mark Zandi says the indicator that has called every recession since WWII just signaled we're already in one

The Vicious Cycle Index is a recession indicator that takes labor force participation changes into consideration. The top economist at Moody’s Analytics said it’s flashing red.

TechRadar

OpenAI says AI could mean a 4-day week ‘with no loss in pay’ — but warns jobs and wealth are at risk

OpenAI says AI could bring a four-day week — but only if governments reshape the economy to share the gains

Barchart

Dollar Slightly Lower Ahead of Tonight’s Iran Deadline

The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar are limited after US Feb capital goods new orders nondefense ex-aircraft...

Kiplinger

War in the Middle East Spells Higher Inflation for U.S. Consumers

The economy can probably withstand the jump in fuel costs, but prices figure to rise faster, straining many budgets.

Euronews

Robot taxes, four-day work week: Inside OpenAI’s plan for an AI-driven economy

The company believes that AIs will soon become smarter than humans, which will have a drastic effect on how people work, live and pay taxes.

International Business Times

Venezuela's Economy Gains Speed After U.S. Intervention But Oil Alone May Not Secure Recovery, Analyst Claims

The economy of Venezuela is accelerating in the wake of former President Nicolás Maduro's capture by the U.S., with economists now projecting a stronger-than-expected expansion in 2026.

Evening Standard

Scottish Tory manifesto to launch with focus on tax and cutting benefits bills

Scottish Conservative leader Russell Findlay is set to make a speech in Edinburgh on Tuesday.

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