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The Latest Breaking News from Economy

Politicians Want To Fix the Economy. So Why Do They Keep Making It Worse?

"Central planning doesn't work because everybody has different ideas for themselves," says Ryan McMaken of the Mises Institute.

Reason

Truckies worry as diesel slows to a trickle: ‘Shortage would bring economy to its knees’

Newsroom forecasts just 17 days' diesel by Sunday. Plus, Z Energy chief executive Lindis Jones gives his first interview since the start of the oil shock, agreeing business needs to work with ministers in something akin to a wartime governance of national unity. Jonathan Milne reports.

Newsroom.co.nz

This is how the 1970s oil shock played out. There are lessons for the economy today

On October 6 1973, the Yom Kippur War – mainly involving Egypt, Syria and Israel –triggered one of the biggest energy crises of the 20th century. Eleven days later, several Arab members of the Organization of the Petroleum Exporting Countries (OPEC) announced they would stop selling oil to countries supporting…

The Conversation

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RBA ready to shift up a gear as the neutral rate rises

The Iran war will hurt consumers by pushing up prices and slowing the economy but the Reserve Bank must act to contain inflation expectations, an official says.

AAP

United Airlines Launches 'Relax Row'—Economy Seats That Turn Into Couches For Long Flights

Discover United Airlines' new 'Relax Row' concept, transforming economy seats into couch-like spaces for added comfort on long-haul flights

International Business Times UK

Australians can expect high fuel costs to linger for far longer than the war in Iran

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis

The Guardian - AU

European sovereignty requires control over its industry, Belgian economy minister tells Euronews

Belgium's Economy Minister David Clarinval is advocating full economic sovereignty in Europe. Therefore, Europe needs to regain control of its industrial capabilities, energy, defence and agriculture.

Euronews

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Pittsburgh’s post-steel economy is a success – and a warning for other cities

Few regions pose as much of an economic conundrum as Pittsburgh.

The Conversation

This airline is rolling out economy class rows that convert into beds for long-haul flights

Coming to United Airlines in 2027, the ‘Relax Row’ has leg rests that can be raised to create a larger lie-flat space.

Euronews

Publix Comes in Second Nationally in Customer Satisfaction Rankings

The supermarket industry is fiercely competitive. Retailers battle constantly to win the loyalty of their local shoppers. The American Customer Satisfaction Index releases an annual report detailing exactly how consumers view the major grocery chains. The 2026 report, which analyzes survey data collected throughout 2025, reveals a shift at the…

Grocery Coupon Guide

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

The Guardian - US

United Airlines becomes latest carrier to offer ‘lie flat’ beds in economy class

Air New Zealand’s ‘Skycouch’ concept has been taken up by several other airlines

The Independent UK

$730 Billion Earned Abroad Why Indians Outside India Matter More Than Ever

For the longest time, we’ve looked at Indians living abroad in a very simple way. They go out, build a life, and send money back home. That was the story we grew up hearing. But today, that story feels incomplete. Because the scale has changed. The impact has changed. And…

Times Life

Texas will require proof of legal immigration status to get professional licenses

Officials approved the change after hearing from speakers who argued it would hamper the state’s economy and push immigrants to work without licenses in the black market.

The Texas Tribune

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Latin Times

Cuba Considers Paying Americans for Nationalized Property to Ease U.S. Sanctions

Based on U.S. government data and industry estimates collected by Bloomberg, nearly 6,000 American individuals and businesses have filed claims for nationalized property, which studies estimate is worth $9 billion.

The Independent UK

Trump sees approval tumble with men – a key voting bloc that put him back in the White House

Multiple polls show men giving Trump poor marks on the economy and cost of living

The Guardian - AU

Morning Mail: fears for economy amid fuel crisis, Israel sets sights on Lebanon, Mafs star Mel Schilling dies

Treasurer says end of Middle East war ‘can’t come soon enough’ as economy faces series of shocks

The Guardian - AU

Queensland government scraps emissions target for Brisbane Olympics – as it happened

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Fortune

Soaring fertilizer prices could pressure a U.S. agricultural industry that supports 50 million jobs and over $10 trillion in output

The war in Iran’s ripple effects could run deep through America’s agriculture economy.

Evening Standard

NI to become first part of UK or Ireland to offer paid leave after miscarriage

Stormont Economy Minister Caoimhe Archibald said the new miscarriage leave and pay entitlements would come into effect from April 6.

The Independent UK

Northern Ireland first in UK to offer paid miscarriage leave to parents

Northern Ireland will offer pay to parents affected by miscarriage from next month

The Conversation

South Africa needs R250 billion just to meet basic climate adaptation needs over the next decade

South Africa needs investments worth R250 billion (US$15.64 billion) over the next 10 years to adapt to climate change. This amount would get the country to just a minimal level of adaptation. A team of researchers from the African Climate and Development Initiative and the Energy Systems Research Group at…

Euronews

This low-cost airline is adding more legroom to its aircraft – but you’ll have to wait until 2028

EasyJet’s new Kestrel economy seats are ‘pre-reclined’, meaning you get extra knee and shin clearance without having to change the seat pitch.

The Independent UK

US bans foreign-made internet routers over security concerns

Government agencies say consumer routers pose risk to ‘US economy, critical infrastructure, and national defence’

The Guardian - UK

UK manufacturers hit by sharpest rise in cost inflation since Black Wednesday in 1992

PMI figure reveals impact on economy of rise in oil prices driven by Iran war

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