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The Latest Breaking News from Economy

Trump tightens grip on GOP as Republicans fear midterm bloodbath

Donald Trump's formidable influence within the Republican Party is undeniable, evidenced by his recent endorsement of Ken Paxton, who secured a primary runoff victory in Texas

The Independent UK

Donald Trump is getting the Republican Party that he wants. But can he win in the midterms?

President Trump's strong influence in Republican primaries presents a challenge for the party's upcoming midterm elections. Voters are reportedly unhappy with his economic policies and actions regarding Iran. Republican strategists express concern that Trump's approach may alienate broader electorates. Democrats see an opportunity to gain seats by highlighting these issues.

The Economic Times

Afternoon Update: Keating urges Labor to stand firm on CGT; inflation eases to 4.2%; and a dog shoots a woman

Former PM warns that exempting commercial assets from the changes would further ‘distort’ the economy

The Guardian - AU

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Interest rates look set to hold, after inflation and fuel costs fell in April. But it’s unlikely to last

Inflation actually fell in Australia last month, thanks to temporary government fuel discounts that saw fuel prices come down by 7% from their record peaks in March.

The Conversation

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’

The Guardian - AU

Eight in 10 UK firms suffering hit from Iran war: ‘Uncertainty has become the norm’

Twenty per cent of companies overall are pausing investment against a backdrop of geopolitical uncertainty in a sign of the impact of the war on the UK economy

The Independent UK

Mangrove, oyster concerns shadow coastal road plan

TRAT: Local residents have raised concerns that a proposed coastal highway could damage mangrove forests and threaten oyster-farming livelihoods, despite government claims the project would boost tourism and the local economy.

Bangkok Post

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Walmart Is Supposed to Be a Safe-Haven Stock. High Gas Prices Are Hitting Its Shares Instead.

While once treated like a defensive fortress by investors, high fuel costs are squeezing shoppers, hurting margins, and shaking confidence in Walmart now.

Barchart

Falling fuel prices bolster hopes for RBA rate reprieve

A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.

AAP

The Guardian view on Britain’s economy: to profit politically a recovery must be felt in people’s pockets

Editorial: The chancellor can point to growth and lower inflation, but weak job data, flat living standards and uncertain productivity are no reason to cheer

The Guardian - UK

Consumer Confidence Declines In May After Three Months Of Gains As Gas Prices Remain Elevated

U.S. consumer confidence declined slightly in May as gas prices remain high and inflation continues to rise.

International Business Times

GSMA Presents Vietnam with Government Leadership Award 2026, Recognising the Country as One of the World's Most Dynamic Digital Leaders

HANOI, Vietnam, May 26, 2026 /PRNewswire/ -- The GSMA, the global organisation unifying the mobile ecosystem, today presented the Socialist Republic of Viet Nam with the global GSMA Government Leadership Award 2026, the highest global honour for digital policy.The award recognises the nation that best exemplifies visionary leadership paired with…

AAP

Why a scandal involving money in a couch has South Africa's president facing possible impeachment

The leader of Africa's most developed economy is facing impeachment proceedings

AAP

Why a scandal involving money in a couch has South Africa’s president facing possible impeachment

The leader of Africa’s most developed economy is facing impeachment proceedings

The Independent UK

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AAP

New GCNC and Whitney Economics Report Examines Europe's Expanding Role in Global Cannabis Markets

LONDON, May 26, 2026 /PRNewswire/ -- Europe's cannabis economy has long been described as a sleeping giant. A new international report suggests that the European sleeping giant may finally be waking up. Released during this week's Cannabis Europa 2026 conference in London, a new report from the Global Cannabis Network…

The Conversation

From the San Luis Valley to Vail, Latino labor powers every sector of Colorado’s economy

In Colorado, a national debate about the role of Latinos in American society has deep roots in the state’s history, current identity — and future.

Newslaundry

India’s GDP revisions explained: What changed and why it matters

Amidst the ongoing West Asia crisis, the Indian economy is expected to take a hit: the World Bank’s latest projections suggest that the country’s GDP growth could fall to 6.6 percent in this financial year.

The Economic Times

Government will work to make Assam Rs 10 lakh crore economy by 2028: Assam CM Himanta Biswa Sarma

Assam Chief Minister Himanta Biswa Sarma announced plans to boost the state's economy to Rs 10 lakh crore by 2028. He stated the tabling of the Uniform Civil Code bill demonstrates the government's dedication to the rights of minority women. Sarma also noted the election results reflected public support for…

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The Economic Times

'She forgot fourth F - falling private investment': Congress' dig at Sitharaman's '3Fs' call

The Congress party has responded to Finance Minister Nirmala Sitharaman's focus on fuel, fertiliser, and forex. Party leader Jairam Ramesh highlighted a critical omission: the declining rates of private investment. He stated that businesses are hesitant to invest domestically due to economic concerns and a perceived negative atmosphere. This contrasts…

MyLifeXP

Why Nirmala Sitharaman Warned Against Fear Mongering

Most people hear economic warnings and immediately think they only affect governments or big businesses. But sometimes, global pressure quietly enters everyday life through fuel prices, grocery bills, travel costs, and job uncertainty. That is exactly why Finance Minister Nirmala Sitharaman recently warned against “fear mongering” while explaining the growing…

The Economic Times

Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodes

Indian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETFs offer a route to invest. Investors can also participate directly in SpaceX through the Liberalised Remittance Scheme. Experts advise separating listing excitement from investment discipline. Long-term holding…

The Economic Times

After stellar Q4, is a downgrade nightmare looming for India Inc in Q1?

India Inc. showed strength in Q4 earnings. However, a Q1 FY27 earnings downgrade cycle is now a significant market concern. Elevated crude prices, a weaker rupee, and rising inflation are pressuring corporate profits. Analysts are watching closely to see if companies can absorb these shocks or if a prolonged downgrade…

The Canberra Times

Canberra's night-time economy is failing because the streets feel unsafe

People want to see police in their suburbs.

The Conversation

This election year budget is a political tightrope walk for Willis and National

An election year budget is a government’s pitch for reelection. For opposition parties, it’s a chance to make their case for change.

TechRadar

Digital spring cleaning is now a frontline defense in the scam economy

Does your digital life need a spring clean? Chances are, it does...

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