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The Latest Breaking News from Economy

'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...

Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and now Robert Kiyosaki’s latest warning about an economic crash is going viral online. The Rich Dad Poor Dad author says silver remains one of his best investments…

The Economic Times

'Forcing returns will lead to chaos in Syria,' foreign minister tells Euronews

Al-Shaibani held political discussion with the EU's top diplomat as the country looks for assistance to rebuild its economy. Kallas says Brussels can "accompany" transition but warns minorities must be protected.

Euronews

Trump in Beijing: How do the US and China compare as economic superpowers?

US President Donald Trump's visit to China this week comes as the rivalry between the world's two largest economies is increasingly shaped by economic competition, technological leadership and global influence.

Euronews

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Why Experts Fear India’s Toughest Economic Phase Yet

A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top…

MyLifeXP

Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockade

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands

The Independent UK

Global Market: OECD sees Bank of Japan raising rates to 2% by 2027 amid inflation shift

Japan's central bank might increase interest rates to two percent by late 2027. This move signals confidence in Japan's economy moving past decades of low inflation. Stronger wages and consumer demand allow for gradual borrowing cost hikes. The Bank of Japan is also expected to reduce bond purchases. This shift…

The Economic Times

Gold jewellery to get costlier: Here's how much more you need to pay on your next purchase

India has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on reserves. Buyers will face higher prices for jewellery. The government encourages domestic recycling and reduced reliance on imported gold. This policy change impacts consumers, traders, and the overall…

The Economic Times

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Why Gold Prices May Rise Even More After Modi’s Warning

Gold is not just metal in India. It is emotion, tradition, security, and status packed into one shining investment. From weddings to festivals, buying gold feels almost natural in Indian households. But now, a serious warning from Prime Minister Narendra Modi has sparked a nationwide conversation. Why does the government…

MyLifeXP

Ted Turner built the original infinite scroll. The attention economy is running on his playbook

The CNN founder, who died May 6 at 87, designed the open-loop content model decades before Facebook's algorithm. The man with the Midas touch.

Fortune

Most Americans blame Trump for worsening economy, new poll finds

IN FULL

The Independent UK

Global turmoil tests India’s resilience; time for a strategic economic pivot

India faces economic challenges due to global events. Prime Minister Modi urges careful resource use. The nation must boost foreign investment and cut imports to strengthen its economy. Focus on energy transition and attracting capital will build resilience. Targeted strategies can secure export growth and long-term strength.

The Economic Times

Global turmoil is India’s 'wake-up call' to cut import dependence: Piyush Goyal

India's Commerce Minister Piyush Goyal urges domestic industry to embrace self-reliance amid global challenges. He calls for increased productivity and better use of trade agreements. The minister emphasizes reducing import dependence to bolster the economy. He also highlights the potential of electric vehicles and advanced technologies like AI for growth.…

The Economic Times

How the U.S.‑Israel war against Iran is exposing the limits of the petrodollar system

For the first time since the Second World War, excluding the COVID-19 pandemic, public debt in the United States has surpassed the entire economy’s GDP. As of late March, debt held by the public reached US$31.27 trillion, just ahead of the GDP of US$31.22 trillion.

The Conversation

US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?

US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising prices move faster than paycheck growth. Real wages fell for the first time in three years. Gasoline prices surged 28.4%. Rent inflation accelerated sharply. Middle-class…

The Economic Times

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The Independent UK

Three out of four Americans blame Trump for rising prices, new poll finds

Americans generally express negative feelings toward the current state of the US economy, multiple polls have found

The Economic Times

Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall Street

US stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell more than 307 points to 49,396.89, while the S&P 500 declined 0.63% to 7,366.24. The Nasdaq Composite dropped nearly 1%. Tech stocks lost momentum. Nvidia,…

Space

Star Catcher just raised $65 million to build the world's first power grid in space — with lasers

Star Catcher Industries just raised $65 million to build a constellation of power-beaming satellites, which the Florida company thinks will supercharge the off-Earth economy.

Grocery Coupon Guide

The Disappearing Supermarket Why Major Cities Are Struggling to Keep Grocery Stores Open

Accessing healthy and fresh food is a significant logistical hurdle in many modern urban centers. Residents in large cities often find their local supermarkets closing their doors without much prior warning. This trend creates extensive food deserts where families have extremely limited options for daily nutrition. Losing a neighborhood grocery…

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The Times of India

UAE Central Bank grants first crypto payment licence to Crypto.com

The UAE has become the first country to grant a Stored Value Facilities (SVF) license to a cryptocurrency platform, allowing regulated digital asset payments. This landmark approval enables UAE residents to pay government fees using cryptocurrencies, integrating virtual asset payments into the nation's regulated financial system and bolstering its digital…

The Economic Times

Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metros

India's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metros. A new study reveals a parallel retail economy emerging, driven by strong consumption power and modern infrastructure in these rapidly developing urban centers.

The Conversation

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Treasurer Jim Chalmers has called his budget “ambitious in the face of adversity”.

AAP

Bleak outlook for national economy if Iran war drags on

Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.

Euronews

Farage surge makes Starmer's EU push 'more important than ever,' UK minister tells Euronews

Crushing local election loss is piling pressure on Prime Minister Keir Starmer, as rising support for the anti-immigration Reform UK exposes growing public frustration over migration and the economy.

MarketBeat

Ströer SE & Co. KGaA Q1 Earnings Call Highlights

Ströer SE & Co. KGaA (ETR:SAX) reported modest organic growth and improved adjusted earnings in the first quarter of 2026, with management pointing to continued strength in its core out-of-home advertising business despite a weaker consumer environment and uncertainty in the broader economy. Ch

The Guardian - UK

Labour must offer more than ‘better managed decline’ on economy, MPs urge

Soft-left Tribune group issues thinly disguised attack on Keir Starmer, calling for bold policy renewal

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