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The Latest Breaking News from Economy

UK economy unexpectedly flatlined in January, official figures show

January’s GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut

The Guardian - UK

Oil price shock likely to ‘push the UK economy into recession’; US growth revised down – as it happened

Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity

The Guardian - UK

Everything is a political weapon since Trump’s re-election, says Germany’s ex-economy minister

Robert Habeck says world has moved on from weaponising energy to using tariffs, technology and more to inflict harm

The Guardian - UK

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Goldman just raised recession odds to 25%. Here's what Trump's war economy is doing to jobs

Payrolls shed 92,000 jobs in February, openings keep falling, and Goldman says the breakeven rate isn't being met. The labor market is sending a warning.

Fortune

Inside the Manosphere: Louis Theroux opts for superficial spectacle over serious scrutiny

The recent Netflix hit series Adolescence crystallised growing public concern about the proliferation of male supremacist beliefs targeted at young men. So Inside the Manosphere, Louis Theroux’s new documentary for the same platform, arrives at a critical moment in the masculinity debate.

The Conversation

Digital pension transfers need shake-up to boost speed and help economy, say leading firms

Pension plumbing is “out of date” warn top providers

The Independent UK

'If the Strait of Hormuz were to remain closed, we would face a major crisis'

The war in the Middle East is sending shockwaves through global energy markets as the tensions spillover into the Strait of Hormuz, one of the world’s most important oil transportation routes. Former French economy minister Eric Lombard tells RFI the situation could trigger a major global economic crisis if it…

Radio France Internationale

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What it will mean for the economy if the Strait of Hormuz stays closed

If the military situation doesn't change soon, it will create a stagflationary drag on the U.S. economy.

Axios

How do women entrepreneurs survive in Ghana’s informal economy? We went to a local market to ask them

The informal economy is the basis of everyday economic life across sub-Saharan Africa. In Ghana, as in many low- and middle-income contexts, a lot of retail trade, food distribution, artisanal production and service provision happens outside formal regulatory frameworks.

The Conversation

The islands off Iran's southern coast are key to its economy and security. What to know about them

A top Iranian official is warning that attacks on the Persian Gulf islands that form Iran’s southern maritime frontier would provoke a new level of retaliation

The Independent UK

Iran Guard Vows to Target Banks, Economic Centres in War Risking Global Economy

Iran's Islamic Revolutionary Guard Corps has issued a warning that could have far-reaching effects on the global economy, as tensions rise in the Middle East.

International Business Times UK

'I don't know if we're ready': Governors from each party appalled at 100-year-old federal workforce strategy

"We have a workforce training system that was designed 100 years ago for a very different economy," Bill Haslam (R-TN) told Fortune.

Fortune

Why Pet Insurance Is Becoming Important in India

For many people in India today, pets are no longer just animals that live in the house. They are companions, friends, and family members who bring warmth into everyday life. A dog waiting at the door after a long day or a cat curling up quietly beside you can make…

Times Pets

India’s Pet Boom: Why More Indians Are Opening Their Homes and Hearts to Pets

Over the last decade, something beautiful has been happening in Indian homes. More families are welcoming pets not just as animals but as members of the family. From busy metro cities to smaller towns, the sight of dogs going on evening walks or cats curling up on balconies has become…

Times Pets

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Fortune

To unlock employee effort, don’t overlook the person holding the wrench

In an uneven economic climate, one message to employees seems universal across business leaders: Do better. Easier said than done.

MyLifeXP

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

The Independent UK

China positions itself as force for global stability at its annual Congress

China is signaling it will stay focused on technology and economic growth, even as U.S. tensions with Iran rise

The Independent UK

Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120

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AAP

Big four banks predict three consecutive RBA rate hikes

The Middle East conflict could prompt the Aussie dollar to plummet and the Reserve Bank to hike interest rates to 15-year highs in 2026, analysts say.

The Guardian - US

Trump tells Kentucky rally Iran’s military and nuclear capabilities degraded

While offering no details to hundreds of supporters, US president seemed to suggest conflict would not end soon

The Times of India

ElonTrades’s Dubai rant goes viral amid Iran vs US-Israel war: Why crypto trader says he was asked to get license to post online in the UAE emirate

A crypto trader's viral tweet about needing a social media permit in Dubai has ignited debate. While framed as bureaucracy, experts clarify that the new UAE regulations target promotional content and influencer marketing, aiming for transparency and professionalisation. This reflects a global trend of governments regulating the burgeoning digital advertising…

Fortune

Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years

"Much like we saw in the wake of the pandemic," KPMG's Diane Swonk said, "those changes could trigger a longer-lasting bout of inflation."

International Business Times UK

401(k) Retirement Crisis: Record Number Of Americans Raid Savings To Pay Medical Bills

Explore how rising living costs, a weaker US jobs market, and increasing debt levels are impacting American households. Discover the surge in 401(k) hardship withdrawals and the potential effects of geopolitical tensions on the economy.

The Independent UK

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

The Chancellor indicated the government could intervene on energy costs if the conflict spiralled

Evening Standard

Trade disruption from Iran war ‘not good for the British economy’, Reeves says

The Chancellor called for rapid de-escalation of the conflict to protect the UK economy.

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