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The Latest Breaking News from Economy

‘You Don’t Need to Have a PhD in Computer Science’ to Make a Great Living as AI Disrupts the Economy as We Know It. The Good and Bad of Nvidia CEO Jensen Huang’s Latest Prediction.

Jensen Huang is predicting an AI construction boom where blue-collar workers can bag six-figure salaries. He makes a compelling argument, but there are a couple of big caveats here that we can't ignore.

Barchart

Having a college degree still matters for being one of the wealthier Americans, New York Fed says

The spending divide is visible in the past three years of data, the New York Fed says, and college degrees matter a lot.

Fortune

The economy is the world's most important problem, but not America's

Only the U.S. and eight other countries – out of 107 – cited politics as their top problem in a new Gallup survey.

Axios

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Greens hold door open to capital gains tax reforms

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

AAP

3 Ways the Trump Economy Could Affect Your Social Security in 2026

There are already indications of three big ways the Trump economy could affect Social Security in 2026.

GOBankingRates

Saudi Arabia’s oil giant Saudi Aramco raises $4 billion: Shakes global markets, has Wall Street buzzing

Saudi Arabia’s oil giant Saudi Aramco has successfully raised $4 billion through a bond issuance. The move highlights strong investor trust in the company's financial stability. The issuance, part of a global program, was priced in January 2026 and completed in early February 2026. Proceeds will fund capital expenditures and…

The Times of India

Zero net migration would shrink UK economy by 3.6%, says thinktank

Jump of £37bn in budget deficit by 2040 would force government to increase taxes, NIESR predicts

The Guardian - UK

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Reaching net zero migration would squeeze public finances, warns think tank

If net migration stayed positive, a larger working-age population would broaden the tax base and help stabilise the debt to GDP ratio, Niesr said.

Evening Standard

Net zero migration would require major tax rises to plug £37bn black hole, experts warn

Leading economic think tank predicts that net zero migration would lead to slower employment growth and a smaller workforce, causing a decline in overall GDP growth

The Independent UK

New research shows Australians support buying local for different reasons – and not all will pay more

We have now passed the annual Australia Day peak of calls urging us to “buy Australian” – especially lamb. The iconic green-and-gold “Australian Made, Australian Grown” logo, launched by then-Prime Minister Bob Hawke in 1986, turns 40 this year.

The Conversation

Forecasters dial up rate bets as banks prepare to hike

With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.

AAP

The Real Reason Your Grocery Bill Is Higher This Year Has Nothing to Do With Inflation

If your total at checkout keeps jumping, it’s tempting to blame the economy and call it a day. But for a lot of shoppers, the bigger culprit isn’t the price of milk or eggs—it’s the way the cart has quietly changed. A few “small” upgrades here, a couple extra trips…

Grocery Coupon Guide

The wealthy ramp up spending while other Americans tread water, new study finds

Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than lower-income households and those without college diplomas, according to new data released Tuesday, evidence of worsening inequality amid overall growth that may explain some of the negative sentiment around the…

The Independent UK

Union Budget 2026-27 shakes up NRI money: What Indians in UAE must do now

India's Union Budget 2026-27 brings welcome changes for NRIs in the UAE. Investment limits in Indian equities have doubled, making it easier to build stakes. Property sales compliance is simplified, reducing administrative hurdles. Overseas travel and education remittances see reduced taxes, lowering costs. These reforms aim to boost diaspora engagement…

The Times of India

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The Guardian - AU

A hot economy? RBA’s rate hike justification is hard to swallow for Australians struggling with cost-of-living crisis

Economists and the central bank might see a roaring economy but workers and mortgage holders still feel like they’re doing it tough

Newslaundry

‘Modi rediscovered zeal, economy outperforming expectations’: Economist’s India optimism binge

For an outlet that prides itself on cool detachment, The Economist has lately sounded unusually starry-eyed about India.

Newslaundry

Everyone’s won! Trump. Modi. And the politics of premature celebration

No one yet knows the terms of a trade deal that could significantly alter how India powers its economy. That has not stopped New Delhi and Washington from launching into full celebration mode.

The Conversation

Greenland’s ‘green mining’ row highlights the key tensions in the energy transition

Green finance is built on a promise: that capital can be redirected to support the transition to a low-carbon economy while avoiding the environmental mistakes of the past. That promise is getting harder to keep.

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The Independent UK

Revealed: Best US airline cabins from economy to business class

The cabins were honored in the 2026 The Points Guy Awards and based on first-hand experiences and industry expertise

GOBankingRates

4 Worst Sectors To Invest In This Year, According to Experts

Even perennial winners are looking rough under scrutiny, with four big sectors of the economy poised for a middling or bad 2026, after expected Fed rate cuts.

Euronews

AI, quantum and the creator economy draw 30,000 to Web Summit Qatar 2026

In Doha, Web Summit Qatar is underway, with startups and global investors connecting and tackling the next wave of tech challenges.

The Conversation

Suspending family-based immigrant visas weakens US families and the economy

The U.S. Department of State has announced that starting on Jan. 21, 2026, it has indefinitely stopped issuing immigrant visas for people from 75 countries, claiming concerns that some immigrants may rely on public benefits once they get to the United States.

Times Life

5 Budget 2026 Decisions That Could Change Life for Girls

Budget 2026 did not speak about girls through emotional slogans. It addressed the real reasons girls drop out of education, remain financially dependent, or never enter the workforce. In her speech and budget documents, Finance Minister Nirmala Sitharaman focused on access, safety, economic participation, and long-term continuity rather than one-time…

Fortune

Singapore to establish national space agency to seize opportunities in space economy

The World Economic Forum predicts the global space economy to exceed $1.8 trillion by 2035, up from $613 billion in 2024.

MyLifeXP

Why Elon Musk Says the World’s Economic Power Is Quietly Moving to India

When Elon Musk wrote four simple words, “The balance of power is changing,” he reflected a deep and measurable global transition. According to IMF projections for 2026, India is set to contribute a larger share to global economic growth than the United States. This shift is not sudden or symbolic.…

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