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The Latest Breaking News from Economy

Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

Fortune

The American household just took an 81% margin cut. Wall Street hasn’t priced it in

The economy is treating the oil shock like a temporary inflation problem. It's actually a household solvency problem, and the risk is radiating.

Fortune

FACT FOCUS: Why nearly 4.3 million people are no longer receiving food stamps

Agriculture Secretary Brooke Rollins this week attributed a multimillion-person drop in the number of participants receiving food stamps through the Supplemental Nutrition Assistance Program to the tamping down of fraud and an improved economy

The Independent UK

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read the most diverse news in one place.

K-shaped economy is real, per New York Fed research

New research confirms the K-shaped dynamics (with a catch).

Axios

I tried to live for 24 hours without using oil-based products. It was ridiculously impossible

The world’s economy is completely dependent on petrochemicals. Is there any way to avoid them?

The Guardian - AU

Shadow chancellor warns SNP food price plan could cause ‘undersupply’ issue

Sir Mel Stride spoke out on the issue as he campaigned in Edinburgh on Friday.

Evening Standard

California Lawmakers Are Ignoring History by Boosting Pension Benefits as the State's Economy Teeters

After California made this same mistake in 1999, it took 12 years to dig out of the hole. Taxpayers footed the bill.

Reason

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PewDiePie Signals End of Family Content as Son Approaches Early Childhood Milestone

PewDiePie is moving away from family-focused content as his son reaches a milestone, reflecting a shift towards privacy in the creator economy.

International Business Times UK

Amid rising tensions, ‘friendshoring’ might keep global trade alive

The world economy is at a crossroads. International trade is slowing, economic uncertainty is rising, and trade between the US and China – the world’s two largest economies – risks pulling apart. And it is not just trade: the two countries also invest less in each other than they did…

The Conversation

Genuine Fake Premium Economy review – brilliantly obnoxious millennial rage at a rigged financial world

Jenna Bliss, Buck Ellison and Jasmine Gregory were born in the 80s and endured the financial crash as they set out as artists – their fury is intoxicating

The Guardian - UK

The U.S. economy is booming — just not where 50 million Americans live

Economic opportunity in America has become dangerously concentrated, with just over 100 counties accounting for half of all U.S. job growth.

Fortune

Labour Day 2026: The Hidden Cost of Gig Work in India

Every year, International Workers' Day invites reflection on the dignity of work, the rights of workers, and the evolving nature of employment. In 2026, that reflection feels more urgent than ever in India, where the rise of gig work has quietly reshaped what it means to earn a living. What…

Times Life

US national debt is now bigger than the economy for first time since World War II

Lawmakers urged to ‘stop the bleeding’ and put the country on a more sustainable fiscal path

The Independent UK

The national debt is the same size as the economy. It's a 'disturbing warning and a call to action,' watchdog says

A new bipartisan survey finds near-universal concern that the national debt is driving up everyday costs, as fiscal confidence hits a 22-month low

Fortune

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Evening Standard

NatWest earnings boosted despite gloomier outlook for UK economy

Like other high street lenders, NatWest expects to be bolstered by interest rates staying higher for longer.

The Guardian - UK

Renault says ‘seismic shift’ in electric car interest after Iran war oil price shock – as it happened

Live, rolling coverage of business, economics and financial markets as French carmaker says electric car enquiries have soared since US-Israeli attacks on Iran

MyLifeXP

Why Investors Are Quietly Choosing India

Something unusual is happening in the global economy. While major powers struggle with uncertainty, rising costs, and slowing growth one country is quietly gaining attention. India. From global investors to economic experts, the conversation is shifting. But this is not just another growth story. It is something deeper, something more…

The Independent UK

Iran's monthslong internet shutdown is crushing businesses in an already battered economy

Iran’s 90 million people have been cut off from the global internet for most of 2026, one of the world’s longest and strictest national shutdowns

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International Business Times

Cognitive Explainable AI Challenges The Bigger Is Better Narrative In AI

Artificial intelligence could contribute up to 16% or approximately $13 trillion to the global economy by 2030, while also increasing global GDP by as much as 26%.

International Business Times

Oil Shock From Iran Conflict Pushes Global Economy Toward Stagflation Risk: Analysis

A sustained energy supply shock is reshaping global economic expectations, with analysts warning that inflationary pressure and slowing growth are increasingly moving in tandem across major economies.

The Independent UK

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

We Got This Covered

A month ago, Trump told allies the Strait of Hormuz was not his problem. Now he’s begging them to fix it for him

Well, it's his problem now.

International Business Times

U.S. Economy Expands By 2% In First Quarter But Iran War Muddies The Outlook

The U.S. economy expanded by 2% in the first quarter of the year, rebounding after the last three months of last year's 0.5% increase.

Barchart

Why the AI Sector Needs a Cold Shower: Reconciling Investment with Consumer Reality

There's a critical disconnect between aggressive AI capital expenditures and the modest growth of global consumer purchasing power. While the first phase of the AI boom was fueled by an internal investment loop among tech giants, the industry now faces a "macroeconomic gravity" where astronomical valuations must finally be justified…

The Independent UK

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown

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