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The Latest Breaking News from Economy

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsize benefit for the wealthy

“Eventually, it might bring things together, but in the meantime ... it’s unlikely that AI helps at all with the K-shaped economy,” Innes McFee, CEO of Oxford Economics, tells Fortune in an exclusive interview.

Fortune

Doom loop of decline: how struggling high streets fuel far-right sympathies in UK

Retail accounts for 5% of the UK economy – but its visibility gives it an outsize influence on public perception

The Guardian - UK

Greece's economy is making progress, but global risks loom large

The economy is showing signs of steady improvement, with lower borrowing costs and increased investment interest. The ESM and MSCI acknowledge progress, but warn of risks from a more uncertain international environment.

Euronews

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Datavault AI Just Added Sports Illustrated Into the Identity Economy Conversation

The identity economy has been discussed for years, usually in fragments. Name, image, and likeness rules reshaped college sports. Creators monetized audiences on platforms they did not control.

inkl

What the Growth of Australia’s Gaming Industry Signals for the Broader Digital Economy

Australia’s digital gaming industry is emerging as one of the fastest-growing sectors in the country’s technology-driven economy.

inkl

It's a feel-bad job market for high-earning professionals

If the wealthy and upper middle-class are anxious about the economy, it could affect everyone.

Axios

Row over government role fuelling inflation, rate rise

Spending blow-outs by the government will force the Reserve Bank to hike rates, critics say, but the treasurer argues the private sector is driving inflation.

AAP

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'It's better for Poland to stay with the złoty,' country’s finance minister says

Andrzej Domanski said that that keeping the złoty as the national currency gives the economy greater flexibility at a time of global uncertainty, despite ongoing debates over deeper eurozone integration.

Euronews

Fresh oil dollars won’t fix Venezuela’s economy, says former minister

Hausmann warned that recent injections of dollars from oil sales do not solve structural economic problems under a “hyper-repressive” regime.

Euronews

Germany trims this year's growth forecast to 1% as its economy is slow to gather pace

The German government has trimmed its 2026 forecast for the country’s economy, Europe’s biggest, as growth picks up more slowly than previously hoped

The Independent UK

Ummah or Dollars: Pakistan’s high stakes dilemma amid US-Iran conflict

Pakistan faces a perilous tightrope walk as US-Iran tensions escalate. Caught between seeking vital US dollars for its economy and appeasing domestic Islamic sentiment, Islamabad is leveraging its unique diplomatic position. The nation's history of strategic ambiguity and its proximity to Iran present both opportunities and immense risks, potentially drawing…

The Times of India

The circular economy may not be taking off: Here are six ways stakeholders can make it happen

Around the world, governments and businesses are talking more and more about the need to move from today’s “take, make, waste” economy to a circular one, where products are designed to last, materials stay in use, and waste is dramatically reduced. On paper, the case is compelling: recent assessments show…

The Conversation

India-EU Trade Deal: 9 Shocking Changes That Could Change India's Future

After nearly two decades of talks, India and the European Union (EU) have finalized a landmark Free Trade Agreement (FTA) that promises to transform trade, industry, and business in India. The deal covers goods, services, investment, and market access on an unprecedented scale, creating one of the largest trade partnerships…

MyLifeXP

UAE unveils region’s first biometric payment system using face and palm scans

The UAE has launched the Middle East's first biometric payment system, enabling transactions via facial recognition or palm scans. This initiative, a proof-of-concept by the Central Bank of the UAE, aims to enhance convenience and security, positioning the nation as a leader in financial innovation and a digital-first economy.

The Times of India

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The Times of India

Bitcoin for car insurance? Dubai becomes first to accept crypto for insurance premium

Dubai's DIFC now allows a regulated insurer to accept crypto for policies, a first in the UAE. This move integrates digital assets directly into insurance payments, enabling Bitcoin to cover SUV, apartment, or health insurance. The development leverages blockchain's efficiency and programmable nature, bypassing traditional fees and offering 24/7 transactions,…

The Independent UK

Federal Reserve may keep rates unchanged for months as economy shows signs of health

Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in favor of waiting to see how the economy evolves

The Guardian - UK

Can Venezuela’s Delcy Rodríguez become a Latin American Deng Xiaoping?

Maduro’s Sorbonne-educated successor is talking up an era of ‘reform and opening up’ modelled on China’s post-Mao boom

The Independent UK

Trump ignores Minnesota uproar and tries sticking to economy in Iowa as Republicans call for Noem’s resignation

President doesn’t mention Minneapolis killing by Border Patrol even as GOP senators start calling for the homeland security secretary to lose her job over it

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The Guardian - UK

‘Very low bar’: analysts say Starmer faces slim pickings in China

Experts say business with China is always a double-edged sword let alone when its overheated economy can offer only marginal gains

Roll Call

Back on campaign trail in Iowa, Trump bets big on tariffs and blaming Biden

Here are three takeaways from President Donald Trump’s visit to Iowa on Tuesday, his first midterm campaign tour stop of 2026.

The Conversation

A new company tax mix has been proposed. We need to be careful how we assess it

Australia has a problem. Across the economy, business investment has been sluggish for the past decade, leaving policymakers reaching for solutions.

MarketBeat

Space Stock Boom: Why Retail and Wall Street Are Aligning

Retail investors and major Wall Street banks are uniting behind the orbital economy as space technology matures into a viable industrial asset class.

The Independent UK

In surprise move, Spain will grant legal status to thousands of immigrants lacking permission

Spain's government has announced it will grant legal status to potentially hundreds of thousands of immigrants living and working in the country without authorization

The Times of India

'Absolutely pathetic': Indian-American group says H-1B visa stamping delay is '100% targeting' of those who were already vetted

As H-1B visa stamping dates are now deferred to 2027 in India, the Indian-American Advocacy Council co-founder Rajeev Sharma said this is 100% targeting of Indian-Americans who have won their right to work in the US legally and have been contributing to the US economy. Contrasting the H-1B workers from…

The Conversation

Biomass could play a key role in Canada’s transition to a carbon-neutral economy

Record forest fires, under-utilized agricultural residues like straw and husks and struggling sawmills have left Canada with an abundance of undervalued biomass. If carefully and strategically managed, this resource could become a powerful ally in the fight against climate change.

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