Economy
Growth, inflation, interest rates and central-bank decisions, budgets, trade and tariffs, and what they mean for households and firms.
Latest Economy stories
OECD raises US growth forecast to 2.2% as global economy weathers energy shock
The OECD has raised its 2026 US growth forecast by 0.2 percentage points to 2.2% and its global outlook to 2.9% as AI investment cushions the Middle East energy shock.
How diners are exposing a shadow economy and tax cheats
Authorities say customers and workers alike are becoming more willing to blow the whistle.
UNSW study reveals Labor property tax reforms hit retirees but miss half of investors
Labor’s tax changes announced in the May federal budget will force retirees who own a rental home to pay more, while reducing the tax burden on other groups.
Inflation pressures raise prospect of Fed rate hike on eve of elections
Mounting inflation pressures and a strengthening economy look to be pushing the Federal Reserve towards an interest-rate hike on the eve of critical national elections, with traders on Wednesday piling into bets on a second straight policy tightening in late October.
Hands-On: Héron's Continental Is a Go-Anywhere Watch That Punches Above Its Price
Jet-age looks, economy-class price.
Market sees next Fed hike in October, following Barr comments and hot inflation reading
S&P Global said its overall inflation measure hit its highest level since October 2022.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is stro...
Stocks Drop As Bond Yields Hit 2007 High, Mortgage Rates Break 7%
Spiking interest rates sparked selling on Wall Street on Wednesday, with the 10-year Treasury yield rising to a fresh post-crisis peak.
The best cheap smartphones in 2026: nine budget buys for £600 or less, tested
A new smartphone needn’t cost a fortune. From Samsung, Google, Apple and more, these are the lower-cost models we rate most – and how to buy a refurbished handset
How to Navigate the Housing Market Amid Rising Interest Rates
The housing market is always changing, so real estate broker and president of R New York Stefani Berkin joins the 3rd Hour of TODAY to separate fact from myth. ...
David Booth: It’s time for Carney to tariff American pickups
Putting reciprocal tariffs on U.S. trucks would force Trump back to the bargaining table—but we have to announce them right now
New Grand View Manor long-term care home could open by March
A new long-term care home to replace Grand View Manor in South Berwick will soon be ready, with the project on track with budget estimates.
‘Russia is basing its economy on India’: Zelenskyy calls for end to oil trade
Ukrainian President Volodymyr Zelenskyy has urged India, China and Turkey to stop energy trade with Russia, saying Moscow relies heavily on these countries to sustain its economy.
Gold price prediction today: Why are gold prices choppy? Check September 23, 2026 outlook
India Business News: Gold price prediction today: Gold prices are likely to be choppy as safe haven demand and rising interest rates put opposing pressures, say...
'Russia’s economy depends on India': Zelensky says ending oil trade could stop Ukraine war
Zelensky's remarks came days after US President Donald Trump signed the Lindsey O Graham Sanctioning Russia and Iran Act into law. | India News
Alberta craft whisky lands on Costco shelves as trade war looms
Alberta whisky appearing on Costco shelves gives distillers access to one of the province's largest retail audiences, as they head into a crucial season with U.S. tariffs looming.
Treasury open to smaller fiscal headroom to reduce UK tax hikes - ft.com
Treasury open to smaller fiscal headroom to reduce UK tax hikes ft.com Reeves’ ‘ambitious’ £14bn savings plan leaves Healey with a Budget headache cityam.com UK is ‘ON THIN FISCAL ICE’ – former Bank of England economist Channel 4 Fuel duty and energy bills 'targeted in upcoming Budget' as Chancellor forced to make 'difficult decisions' lbc.co.uk UK minister warns of impact of Trump’s Iran war on next month’s budget The Guardian
Howard Marks pulls no punches on U.S. economy
Marks sees trouble looming for the dollar. Now investors face a real dilemma.
Russia-Iran Sanctions Bill: Jaishankar Voices India’s Concerns in Rubio Talks
US President Donald Trump signed into law the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026" last week, which authorises him to impose tariffs of up to 100 per cent on countries buying Russian oil and gas, including China and India.
Jaishankar raises concerns over US bill on Russian energy with Rubio
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio in New York, raising India's concerns over a proposed US bill, the SRIA, which targets major buyers of Russian energy with potential steep tariffs.
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