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The Latest Breaking News from Economy

What exactly is inflation, and are interest rates the only option for dealing with it?

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse, the Reserve Bank of Australia (RBA) predicts it will linger for longer than previously expected, adding to cost-of-living concerns.

The Conversation

Chipotle’s CEO isn’t worried about raising prices—most of his customers make more than $100k anyway

“They’re still spending in this tough economy,” Scott Boatwright said. “So we’re gonna lean into those consumers.”

Fortune

Mandelson and the financial crash: why the Epstein allegations are so shocking

Suggestions that Peter Mandelson may have shared government information with Jeffrey Epstein amid the fallout of the global financial crisis are being investigated by police.

The Conversation

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read the most diverse news in one place.

America is shorting one of its best assets as the $38 trillion national debt runs out of control

There’s a 59% arbitrage opportunity hiding in plain sight and it has to do with college-educated women.

Fortune

The Future of AI Scaling Lies Beyond GPUs

Investments in artificial intelligence infrastructure continue to grow at a record pace. And fortunately or unfortunately, their impact on the U.S. economy remains limited. The share of AI investments in the country's GDP growth increased from 0.44 percentage points to 0.59 after the introduction of ChatGPT. The figure appears modest…

inkl

The economy isn't K-shaped. For 87 million, people, it's desperate and for another 46 million it's elite

A K-shaped economy that lasts long enough results in a top that grows careless, a bottom that grows combustible, and the middle losing belief.

Fortune

‘These are people’s livelihoods’: Minnesota’s economy in crisis amid ICE surge

Small businesses across the Twin Cities are suffering and owners say ‘Metro Surge’ could be worse than Covid-19

The Guardian - US

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Russia's oil revenues dwindle as sanctions bite, hitting economy

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

Euronews

How delays in Australia’s switch to clean energy are hurting workers

Australia is still dragging its feet on decarbonising the economy. Last September, the Albanese government committed to a 62–70% reduction in carbon emissions by 2035 and net zero by 2050. However, only one month later, the government conceded it would fall just shy of its 2030 target and likely miss…

The Conversation

Signs point to RBA fine tuning, rather than hike spree

Softer labour market data and consumer confidence levels reveal an economy coming back towards balance and not in need of major monetary tightening.

AAP

2 Subscription Economy Winners That Still Dominate Their Niches

The subscription economy is booming, and market leaders Netflix and Adobe offer value and growth potential for investors looking for buy-low opportunities.

MarketBeat

AI isn’t likely to wipe out all farming jobs – but it is changing who bears the risks

The global economy is bracing for major job disruption as artificial intelligence (AI) advances and spreads across industries. Experts have been warning about this shift for years, and fiercely debating whether the benefits of an AI revolution will outweigh the cost of mass displacement in the workforce.

The Conversation

Why you shouldn’t worry about AI eating the stock market, top analyst says. The U.S. economy is ‘about to take off’

Software’s disruption by AI may be a problem for software stocks, but not for a booming economy, Apollo’s Torsten Slok argues.

Fortune

Social Security 2026 COLA: Why Your 2.8% Raise Disappeared After Medicare Deductions

Every fall, millions of retirees wait for the Social Security Administration to announce the next year’s cost‑of‑living adjustment, hoping the increase will help them keep pace with rising prices. For 2026, the COLA came in at 2.8 percent — a modest but meaningful bump meant to reflect cooling inflation and…

The Free Financial Advisor

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Fortune

Top analyst: Trump's economy marked by 'soggy consumption, weak job gains and a sour public mood'

J.P. Morgan’s David Kelly sees a political earthquake in 2026, while Société Générale’s Albert Edwards is alarmed by just how little Americans are saving.

The Guardian - UK

EU urged not to roll back green agenda in effort to revive faltering economy

Campaigners say industrial issues cannot be solved by watering down climate and environmental policies

The Independent UK

Trump ‘very proud’ of his economy despite damning polls on America’s cost of living crisis

President Donald Trump previously insisted his predecessor Joe Biden was to blame for the country’s struggles with inflation and now argues affordability is not a problem at all

The Times of India

UAE central bank marks MBZUAI’s five-year milestone with commemorative gold and silver coins

The Central Bank of the UAE has released limited edition gold and silver commemorative coins to celebrate five years of Mohamed bin Zayed University of Artificial Intelligence. The coins, featuring university landmarks and national emblems, recognize MBZUAI's growth and its alignment with the UAE's AI and knowledge-driven economy goals.

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The Guardian - UK

Global economy must move past GDP to avoid planetary disaster, warns UN chief

Exclusive: António Guterres says world’s accounting systems should place true value on the environment

The Independent UK

Octopus boss says China’s energy tech marks ‘golden opportunity’ for UK

The energy boss recently accompanied Sir Keir Starmer on a UK delegation to China

Fortune

Russian officials are warning Putin that a financial crisis could arrive this summer, report says, while his war on Ukraine becomes too big to fail

“Russia has to continue the war because this war is too big for Putin to fail.”

GOBankingRates

Gamblers Placing Bets on $2K Tariff Dividend Check — What Are the Odds?

Prediction markets grow as Americans bet on politics, policy and economy. Meanwhile, odds of Trump’s proposed tariff dividend checks remain low across platforms

GOBankingRates

The New Space Race: 7 Companies Battling Musk — and How To Invest In Them

SpaceX is a dominant player in the sector, but rivals are rising. Here are seven SpaceX competitors and ways investors can gain space economy exposure.

The Guardian - UK

Thai PM’s party on track to win election in blow to pro-democracy camp

Staunch royalist Anutin Charnvirakul’s Bhumjaithai party builds commanding lead on disappointing night for rivals

Tom’s Guide

I drove the Mazda CX-70 for a week — and it proves hybrids don’t need to sacrifice power to be fuel efficient

You don't have to sacrifice power to gain excellent fuel economy with the 2026 Mazda CX-70 Turbo S Premium, as it's the perfect middle ground for those hesitant about EVs.

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