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UNCOVERED: 6 - Caught on Camera

AI Could Make The Economy Far Richer. Anthropic Says. But Knowledge Workers Could Take a Hit.

A new economic model examines how different levels of AI adoption could affect growth, unemployment, wages and the share of income going to workers.

International Business Times

ECB raises interest rates as Iran war fuels inflation fears

The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and conflict. The bank now forecasts inflation remaining above its target for some time. Economic growth projections were also adjusted upwards by the central bank. Markets anticipate further rate hikes…

The Economic Times

Why Hybrid Cars Are Suddenly More Popular Than EVs

Hybrids are a hot commodity in the U.S. at the moment, and there's more behind their popularity than just fuel economy.

Motor1

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'The country is falling apart': Iranians tell Euronews how war emptied their wallets

In a Euronews exclusive, Euronews Farsi spoke with drivers, small business owners and salaried workers about life in an economy where fuel prices doubled overnight, and people can no longer afford basic food items.

Euronews

Odisha Chief Minister Majhi meets UAE minister, woos investors in Dubai

Odisha Chief Minister Mohan Majhi met UAE's Minister of Economy and Tourism in Dubai. He is currently on a five-day tour to the United Arab Emirates. The discussions focused on strengthening economic ties and exploring new investment opportunities. Odisha signed an MoU for 14 new projects worth Rs 2.10 lakh…

The Economic Times

Global Fintech Fest 2026: Nandan Nilekani says risk of losing jobs due to AI lower in small companies

Nandan Nilekani foresees artificial intelligence posing greater job risks for large structured companies. He emphasizes that millions of small businesses are essential for generating future jobs. These dynamic roles in smaller firms are less susceptible to AI automation. India's formal startup sector has seen significant growth, indicating entrepreneurial potential. Empowering…

The Economic Times

Global Market: ECB seen raising rates as Iran war fuels inflation fears

The European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel fresh inflation concerns. With inflation above its 2% target and the euro zone economy proving resilient, markets are pricing in further ECB rate hikes.

The Economic Times

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Anthropic sees AI driving GDP growth, but warns of job losses, wage pressure

Artificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment and wages of knowledge workers, particularly in scenarios where AI becomes capable of autonomously performing a large share of knowledge-intensive tasks, according to Anthropic's latest economic outlook.

The Economic Times

Labor premiers join business groups in warning Albanese government over immigration cuts

Federal Labor is poised to announce a migration crackdown despite fears slashing visa numbers could damage economy

The Guardian - AU

OnlyFans Natalie Monroe Faces Prison After Earning $5.4M but Failing to Pay $1.5M in Taxes

OnlyFans creator Kylie Perez, alias Natalie Monroe, faces a year in federal prison for tax evasion after earning $5.4M. Learn about the implications for the creator economy and tax compliance.

International Business Times UK

Federal judge blocks New York climate superfund law

In this week’s edition of Economy and Society:

Ballotpedia

India economy to regain its mojo, return to current account surplus: NITI Aayog's Lahiri

NITI Aayog Vice Chairman Ashok Kumar Lahiri stated the Indian economy is performing reasonably well. He anticipates the nation will soon achieve a current account surplus. A significant challenge remains the low manufacturing share in India's overall GDP. Lahiri highlighted the positive impact of foreign investment in key sectors like…

The Economic Times

How cash-in-hand businesses can get stuck in the informal economy

Around 10% of the UK economy operates off the books. That means billions of pounds worth of cash-in-hand payments that never get taxed.

The Conversation

Petronas Lubricants, Tata Motors collaborate for pilot used lubricant recycling model

Petronas Lubricants India and Tata Motors have signed an initial pact for a pilot project. This collaboration aims to establish a structured and scalable used automotive lubricant recycling model. The initiative will support India's evolving Extended Producer Responsibility framework and circular economy ambitions. It will create an organized and traceable…

The Economic Times

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The Economic Times

Recyclekaro partners with TMK for recycling facility in Uzbekistan

Recyclekaro will establish a facility in Uzbekistan for e-waste and battery recycling. This strategic collaboration aims to recover critical minerals from across Central Asia. Feasibility studies are currently underway to determine the facility's operational scale. This move aligns with India and Uzbekistan's vision for industrial cooperation. The partnership will accelerate…

The Economic Times

India's new supply-chain wonder is set to shift the gears of growth

The operationalization of India’s freight corridors marks a transformative step for the nation’s logistics landscape, strategically positioned along major economic routes. These advanced routes not only expedite transport times but also elevate reliability for businesses, fostering better supply chain management with reduced costs. As a result, manufacturing exports are set…

Fortune

There are fewer than 4,000 billionaires worldwide, and they now hold a record $15.1 trillion. That's nearly half of the U.S. economy

Just 29 superbillionaires now control more than one-quarter of all billionaire wealth, up from 7% in 2017.

The Economic Times

US bond yields near 5%: What it could mean for stocks, corporate borrowing and the economy

US 10-year Treasury yields are nearing the 5% mark, raising concerns over the impact of higher borrowing costs on stocks, corporate financing, dealmaking and the broader economy. While elevated yields can pressure valuations and debt servicing costs, they may also signal stronger economic growth and robust demand for capital.

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The Economic Times

Indian banks' names keep fading from your loan documents

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities as the economy continues to develop. Banks are still integral, providing necessary…

Euronews

Privacy screens and sculpted headrests: What's new in premium economy?

Premium economy is getting an upgrade as airlines make flying more private, comfortable and luxurious – just without the hefty business class price tag.

The Economic Times

Taiwan Strait conflict could eclipse World War Two economic impact: US

A U.S. diplomat warned that Taiwan Strait conflict would impact the global economy more than World War Two. He stated the upcoming U.S.-China summit offers a chance to prevent miscalculations. Taiwan is enhancing its defense capabilities to deter potential threats from China. The island nation rejects Beijing's sovereignty claims and…

The Economic Times

Taiwan Strait conflict could hit global economy harder than World War Two, US envoy warns

A US diplomat warned of a Taiwan Strait conflict's severe global economic impact. He stated that any conflict would surpass World War Two's economic damage. The upcoming US-China summit offers a chance to prevent misunderstandings and miscalculations. The United States is reinforcing its Indo-Pacific presence and partnerships. Taiwan is also…

Motor1

Hyundai's Next Elantra Hybrid Will Be Even More Efficient

The eight-generation sedan will be larger and more powerful than the outgoing model, while returning similar fuel economy ratings.

Fortune

How Canada decided to hurt its own economy, raise its inflation—and most Canadians approved because they're so angry at Trump

Oxford economists predict Canadian Prime Minister Mark Carney’s retaliatory tariffs will slow economic growth and raise consumer prices.

Budget and the Bees

Your Credit Card Activity May Say More About the Economy Than You Think

Every time you swipe a credit card for groceries, dinner, gasoline, or a streaming subscription, you are contributing to a much bigger economic picture. Economists, banks, and payment companies closely study credit card activity because consumer purchases can reveal changes in household confidence and financial pressure before they become obvious…

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