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The Latest Breaking News from Economy

Citadel Securities demolishes viral AI doomsday essay, arguing the real ‘Global Intelligence Crisis’ is ignorance of macro fundamentals

So you’re spooked by a viral essay. How about, I don’t know, looking at the data?

Fortune

Economy passenger shames seatmate for reclining on 50 min flight. But people are quick to call her out: ‘If it reclines, I will recline’

Seats on planes are getting smaller by the year.

The Mary Sue

Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more

The best time to chip away at the national debt and balance the budget is now, when the economy is strong, says the IMF. Trump’s trade tariffs are making that difficult.

Fortune

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Economists are questioning the K-shaped economy narrative

The K-shaped narrative has seeped into how policymakers think about risk.

Axios

Poland beats Spain on income as Tusk claims ‘European elite’ status

Poland's per capita income calculated in purchasing power parity (PPP) has overtaken Spain as it edges closer to UK levels.

Euronews

Report: Attacks on Ukraine's energy system to lower economic growth this year and next

Ukraine's economy will see less growth this year and next due to damage to its energy infrastructure from Russia's attacks

The Independent UK

Top five things Germany's Merz should do to make his China trip a success

While the German chancellor is visiting China in a major test of whether he can establish a relationship with President Xi and promote trade with Beijing in favour of the German economy, Euronews asked a China expert and Merz adviser for their top tips.

Euronews

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IMF says it is releasing $2.3 billion to Egypt after reforms help to stabilize the economy

The IMF is letting Egypt tap about $2.3 billion more from its loan program after it says reforms are steadying the economy

The Independent UK

AI capex and the ‘wealth effect’ from tech stocks (like Nvidia) now drive one-third of U.S. GDP, top analysts say

“That would leave the economy vulnerable if investors started to doubt the AI story,” they warn.

Fortune

AI doomsday? New thought experiment warns of social and economic upheaval by 2028

Euronews

India Was the World’s Richest Country for 1,000 Years. What Exactly Changed?

For much of recorded history, India was one of the largest economic powers in the world. This is not a cultural claim. It is supported by long term economic research. Economic historian Angus Maddison, whose global GDP reconstructions are widely cited in academic circles, estimated that: Around 1 AD, India…

Times Life

How the AI boom was enabled by a 1970s economic revolution

Artificial intelligence is accelerating a global economic revolution that began back in the 1970s. Researching the impacts of AI on different sectors of society highlights an important parallel moment in history: the creation of the “service economy” in the US.

The Conversation

The unintended consequences of decarbonising steelworks

For more than a century, Port Talbot in Wales has been dominated by its steelworks. The daily lives of residents have been shaped by this industry. Shifts have set the traffic, sirens marked time, at night the furnaces lit the sky orange. Steel wasn’t just an industry. It was the…

The Conversation

'The compute bottleneck is massively under appreciated' says Google AI Studio lead: 'I would guess the gap between supply and demand is growing [by a] single digit % every day'

'In practice, this will be the rate limit on the impact AI will have in the economy/society.'

PC Gamer

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GOBankingRates

Trump’s State of the Union: What His Claims on Inflation, Jobs and Growth Got Wrong (and Right) for Your Wallet

Check out some of Trump’s State of the Union claims on inflation, jobs, growth and tariffs -- and find out what they could really mean for your wallet.

GOBankingRates

4 Impacts a New Voting Bill Could Have on the Economy and Your Wallet

While the SAVE Act focuses on proof of citizenship to vote, some economists say there could be added administrative costs that could need to be funded.

TechRadar

'Basically zero' — top Goldman Sachs economist says AI barely had any positive effect on the US economy in 2025

Though AI's impact on the US economy might not have been so big, it's certainly set to continue rising globally.

The Guardian - AU

Tim Wilson retains ‘terrible’ bet against Australian share market that profits when economy slumps

The Liberal MP has continued to hold investment that makes money when Australia’s benchmark falls even after his appointment as shadow treasurer

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news in one place.

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The Conversation

Net zero will transform Britain’s economy – our map reveals the most vulnerable places

Here’s an uncomfortable truth: even as Britain makes the welcome transition to net zero, some communities will lose jobs and face economic disruption. And the places most exposed are overwhelmingly the same places that were hit hardest by the wave of industrial job losses in the 1980s.

Fortune

Home Depot CEO says with the housing market stalemate, ‘our customers are telling us that they’re not investing’

Ted Decker said on Tuesday’s earnings call that housing affordability issues were continuing to drive consumers away from home improvements.

inkl

Harnessing Data Forensics and AI to Combat Algorithmic Deception

The global digital economy is expanding at an unprecedented rate, transforming how we perceive value and transaction. Every day, millions of users engage with sophisticated fintech applications, e-commerce storefronts, and decentralized global exchanges.

The Independent UK

Fox News hosts warn Trump what not to say during his State of the Union speech

Trump’s State of the Union address is expected to focus on his handling of the economy and aggressive immigration crackdown

Fortune

Gen Z's enthusiasm for all things touchable is resurrecting the analog economy—and costing parents

Live Nation had its biggest year yet for concert attendance. Print book sales are at a record high. The vinyl record industry has enjoyed a resurrection.

Euronews

‘Greatest economy ever’? The numbers behind Trump’s boasting

The chances of President Trump touting the “greatest economy ever” in his State of the Union address on Tuesday are high. Yet, the data paints a more complicated picture.

The Conversation

The Supreme Court’s ruling leaves Trumponomics facing major challenges

The decision by the US Supreme Court to rule most of Donald Trump’s “liberation day” tariffs illegal will have far-ranging consequences for the president’s economic agenda. Although the administration will find other ways to increase tariffs, their usefulness as a weapon of economic warfare will be diminished. And the issue…

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