#economic-impact

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Europe news
fromFortune
17 minutes ago

Airlines are preparing for the worst as Iran war enters its fourth week. But demand is still strong, and travelers are willing to pay higher fares | Fortune

United Airlines faces potential $11 billion cost increase due to soaring fuel prices, but demand remains strong as airlines prepare to pass costs to consumers.
#fuel-prices
World politics
fromDigiday
4 hours ago

Rising gas prices could be the straw that breaks consumer spending

Rising fuel costs due to U.S.-Iran conflict are impacting consumer spending and retail industry dynamics.
World politics
fromDigiday
4 hours ago

Rising gas prices could be the straw that breaks consumer spending

Rising fuel costs due to U.S.-Iran conflict are impacting consumer spending and retail industry dynamics.
#iran-war
World news
fromJezebel
3 days ago

No One Is Coming to Save the Economy

The Iran war has triggered a significant energy crisis, impacting global markets and inflation rates.
UK politics
fromwww.bbc.com
6 hours ago

Reeves to set out principles on who might get energy bills support and who won't

Contingency planning is crucial as the government addresses the economic impact of the ongoing Iran war and energy security concerns.
US politics
fromwww.mediaite.com
1 day ago

'Ridiculous!' Bessent Throws Down With Welker Over Iran War

Funding for the Iran War will not come from tax increases, as the military budget is deemed sufficient.
World news
fromwww.mediaite.com
2 days ago

Economist Tells MS NOW Americans Will Pay The Price For the Iran War For Literally Years to Come'

Average Americans will face prolonged economic impacts from the Iran war, with high gas prices and interest rates persisting for years.
World politics
fromwww.mediaite.com
3 days ago

New York Waiter Asks Trump's U.N. Ambassador, How Is a War Helping Me in Any Way?'

The U.S. war on Iran is justified by the administration as a response to nuclear threats, despite conflicting statements from President Trump.
World news
fromJezebel
3 days ago

No One Is Coming to Save the Economy

The Iran war has triggered a significant energy crisis, impacting global markets and inflation rates.
Social justice
fromSan Jose Inside
13 hours ago

When Gaming Becomes a Monopoly, San Jose's Working Families Pay the Price

New regulations in California favor monopolies over competition, threatening local cardrooms and the communities that depend on them.
Europe news
fromFortune
15 hours ago

The Iran oil crisis is the worst energy shock ever recorded. World leaders aren't ready, says IEA chief | Fortune

The ongoing energy crisis is more severe than previous oil crises, with potential economic repercussions if oil prices continue to rise.
Marketing tech
fromPhys
16 hours ago

Online ad fraud is a feature, not a bug

Online ad fraud significantly undermines digital advertising revenue, consuming over 20% of global ad spend.
World politics
fromwww.dw.com
21 hours ago

How Africa gets shortchanged in trade with Europe

Ghana's export surpluses from goods like gold and cocoa mask challenges in local industries, particularly poultry farming due to cheaper imports.
#us-economy
US Elections
fromFast Company
18 hours ago

Americans expecting bigger tax refunds from Trump this year will likely spend them on gas

Spiking gas prices are expected to consume tax refunds, limiting extra spending for most Americans.
US Elections
fromFortune
18 hours ago

Trump's 'largest tax refund season of all time' is getting totally swallowed up by higher gas prices | Fortune

Spiking gas prices are expected to consume tax refunds, limiting extra spending for most Americans.
US Elections
fromFast Company
18 hours ago

Americans expecting bigger tax refunds from Trump this year will likely spend them on gas

Spiking gas prices are expected to consume tax refunds, limiting extra spending for most Americans.
US Elections
fromFortune
18 hours ago

Trump's 'largest tax refund season of all time' is getting totally swallowed up by higher gas prices | Fortune

Spiking gas prices are expected to consume tax refunds, limiting extra spending for most Americans.
from24/7 Wall St.
19 hours ago

Oil at $100 a Barrel - Here's the ETF You Should Buy for the Coming Economic Shocks

The Consumer Staples Select Sector SPDR Fund (XLP) has spent 27 years being the answer to the question of which part of the market absorbs the blow best during economic downturns, holding 36 positions across essential goods.
Business
Remote teams
fromFortune
19 hours ago

Tulsa turned a $10,000 relocation incentive into an $878M win | Fortune

Relocation incentives in Tulsa have significantly boosted the local economy and workforce, with over 4,000 workers contributing $878 million.
fromwww.dw.com
20 hours ago

Global markets tumble with no end to Iran war in sight

Major indices were in the red almost across the board after a weekend of inactivity, with Germany's DAX down by just over 2% and France's CAC 40 also roughly 2% down.
Europe news
#cost-of-living
UK politics
fromwww.theguardian.com
21 hours ago

Starmer says every lever' will be explored to ease rising costs of living from Iran conflict

Keir Starmer is committed to using all government resources to address the cost of living crisis exacerbated by the US-Israel war against Iran.
UK politics
fromwww.theguardian.com
22 hours ago

Starmer says ministers will consider every lever possible' to tackle cost of living UK politics live

Ministers will explore all options to address the cost of living during the Cobra meeting on the Iran war.
UK politics
fromwww.theguardian.com
21 hours ago

Starmer says every lever' will be explored to ease rising costs of living from Iran conflict

Keir Starmer is committed to using all government resources to address the cost of living crisis exacerbated by the US-Israel war against Iran.
UK politics
fromwww.theguardian.com
22 hours ago

Starmer says ministers will consider every lever possible' to tackle cost of living UK politics live

Ministers will explore all options to address the cost of living during the Cobra meeting on the Iran war.
Silicon Valley
fromwww.theguardian.com
1 day ago

We Know You Can Pay a Million by Anja Shortland review the terrifying new world of ransomware

Ransomware originated from a 1989 stunt by Joseph L Popp Jr, who used a Trojan virus to extort money under the guise of HIV prevention.
Pets
fromFortune
1 day ago

Pricier vet care: Fewer visits but still many $11,000 surgeries | Fortune

Pet ownership costs are rising, yet owners prioritize spending on urgent veterinary care despite delaying routine visits.
World politics
fromwww.theguardian.com
2 days ago

The stakes are enormous': how a prolonged Iran war could shock the global economy

Geopolitical tensions from the US-Israel airstrike on Iran have led to soaring oil prices and economic concerns globally.
#middle-east-conflict
fromIndependent
2 days ago
Europe news

House-builder Michael O'Flynn pauses new contracts amid 'huge concern' over Iran war price rises

fromIrish Independent
2 weeks ago
World news

Trump says war could be over soon - but defiant Iran to step up attacks; Tanaiste says EU 'urgently' needs energy independence

fromFortune
2 weeks ago
World politics

In the Iran war, it's not the oil that's important-it's the water | Fortune

fromIndependent
2 days ago
Europe news

House-builder Michael O'Flynn pauses new contracts amid 'huge concern' over Iran war price rises

World news
fromIrish Independent
2 weeks ago

Oil and gas prices drop as Trump says war could be over soon; Iran rallies behind new hardline leader

Middle East conflict creates market volatility and energy price uncertainty, with Trump predicting potential war resolution while Iran's new hardline leadership shows no signs of backing down.
World news
fromIrish Independent
2 weeks ago

Trump says war could be over soon - but defiant Iran to step up attacks; Tanaiste says EU 'urgently' needs energy independence

Middle East conflict creates market volatility and energy price uncertainty, with Trump predicting potential war resolution while Iran's new hardline leadership shows no signs of backing down.
fromFortune
2 weeks ago
World politics

In the Iran war, it's not the oil that's important-it's the water | Fortune

Media industry
fromwww.independent.co.uk
2 weeks ago

Poll: Are you worried the Iran conflict will push up your cost of living?

Middle East conflict escalation drives oil prices above $80 per barrel, threatening increased energy costs, food prices, and delayed interest rate cuts for households already facing financial strain.
Europe news
fromThe Local Germany
2 weeks ago

Inflation to hit eurozone as war in the Middle East disrupts energy flows

Middle East conflict disrupts energy supplies to Europe, triggering ECB warnings of eurozone inflation spikes and economic growth decline.
World politics
fromenglish.elpais.com
2 days ago

I'm not thinking of leaving': The need to keep sending money back to their families traps African migrants in the Gulf states

African migrants in the Gulf prioritize their jobs for family support despite geopolitical tensions and fears of conflict.
Russo-Ukrainian War
fromFortune
2 days ago

The U.S. has the world's most advanced military, but the unforgiving economics of wars in Iran and Ukraine show quantity has a quality all its own | Fortune

The U.S. war on Iran reveals a costly imbalance between high-tech warfare and defending against low-cost retaliatory attacks.
fromwww.dw.com
2 days ago

Why Syria's new alcohol ban is about much more than beer

"The news was both surprising and upsetting. Damascus has historically been a city that embraces everyone and diversity is its true identity. This decision makes us feel like we're losing a part of the city's open spirit. It's not just about the drink itself, but about freedom of choice."
Social justice
NYC real estate
fromtherealdeal.com
2 days ago

The Daily Dirt: NYC's World Cup windfall is looking shaky

Economic activity from the World Cup in NYC may be outweighed by hosting costs, with tax revenue offset by increased spending on security.
Women in technology
fromFortune
2 days ago

We're at risk of a two-tier AI economy if we don't bridge the AI gender gap, expert says | Fortune

AI's rapid advancement risks leaving women behind, as they are less likely to adopt AI despite being more affected by automation.
World news
fromwww.theguardian.com
3 days ago

How the Iran war has sent shocks rippling across the globe

The restaurant sector in India faces severe constraints due to fuel supply disruptions, leading to reduced operations and menu changes.
fromHarvard Gazette
3 days ago

New study links more immigrants with lower elderly mortality - Harvard Gazette

"This result is very supportive of the value that foreign-born workers add to the health of our population. When you have an increase in immigration, you end up with more long-term care workers. It's additive, not substitutive."
Healthcare
California
fromSan Jose Spotlight
3 days ago

Janmohamed: Super Bowl 60 brought benefits to Santa Clara - San Jose Spotlight

Super Bowl 60 significantly boosted Santa Clara's economy and community while ensuring financial protections for the city.
Portland food
fromPortland Mercury
3 days ago

One Step Forward, Two Steps Back: Portland Indie Music Venues Need Support

Portland's independent live music venues face closures and changes due to economic challenges, pandemic effects, and shifting audience behaviors.
Agriculture
fromRealagriculture
3 days ago

The Final Mile, Ep 3: The rising risk to honeybees and threats to pollination

Rising colony losses and economic pressures threaten Canada's beekeeping sector, impacting honey production and agriculture significantly.
Bootstrapping
fromEntrepreneur
3 days ago

Why Founders Misjudge Divorce Risk - And Pay for It Later

Divorce significantly impacts business value, focusing on growth during marriage rather than just ownership or pre-marriage agreements.
Left-wing politics
fromwww.mediaite.com
3 days ago

CNN's Scott Jennings Admits Trump to Blame for Raising Gas Prices But It's for Worthy Cause'

Scott Jennings admitted Trump started a war leading to higher gas prices, claiming it was for a worthy cause.
Arts
fromElite Traveler
4 days ago

Gen-Z Buyers Are Shaping the Auction Market - and They're Choosing Bags Over Art

Art sales at major auction houses fell 44% in early 2025, while luxury sales are rapidly increasing, especially in the Middle East.
#iran-israel-conflict
UK politics
fromwww.independent.co.uk
4 days ago

Iran oil attacks trigger 35% gas price spike and fears of interest rate rises

Britain increases defensive support for Gulf states following Iran's missile attacks on regional energy infrastructure, raising concerns about inflation and interest rates across Europe.
World news
fromwww.dw.com
6 days ago

Iran war: New head Khamenei vows to avenge Larijani killing

Iran's new Supreme Leader vows revenge for security chief Ali Larijani's death in an Israeli strike, while the Iranian Intelligence Minister was also killed in airstrikes, escalating US-Israel-Iran conflict.
#energy-crisis
World politics
fromThe Washington Post
4 days ago

Economic fallout of U.S.-led war is hitting the rest of the world harder

Global energy crisis from Middle East conflict causes severe economic hardship worldwide, with developing nations experiencing sharper fuel price increases and shortages than the United States.
World politics
fromThe Washington Post
4 days ago

Economic fallout of U.S.-led war is hitting the rest of the world harder

Global energy crisis from Middle East conflict causes severe economic hardship worldwide, with developing nations experiencing sharper fuel price increases and shortages than the United States.
World news
fromwww.theguardian.com
5 days ago

Fuel rations and no air con: south-east Asian nations race to conserve energy

Southeast Asian governments implement emergency energy conservation measures and financial relief programs as Middle East conflict disrupts global oil supplies, causing severe economic hardship for workers and transport operators.
World news
fromwww.aljazeera.com
2 weeks ago

Qatar warns Iran war could halt Gulf energy exports within weeks'

Continued Iran conflict threatens global energy supplies, with Qatar's LNG production halt affecting 20% of worldwide supply and triggering worldwide economic disruption.
Europe politics
fromwww.theguardian.com
5 days ago

Sadiq Khan urges Labour to campaign on rejoining EU at next election

Sadiq Khan calls for Labour to commit to full EU rejoin in next general election manifesto, citing economic damage from Brexit and global uncertainty.
World news
fromFortune
5 days ago

Trump officials say gas prices will return to normal in 'a few more weeks,' but his own Energy Department says it will be 2027 | Fortune

Average U.S. gas prices reached $3.84 per gallon, up 31% in one month due to Middle East conflict, with prices unlikely to drop below $3 per gallon soon despite administration claims.
Berlin food
fromwww.aljazeera.com
5 days ago

Amid ruins, Palestinians struggle to preserve Gaza's historic markets

Israel's military operations have devastated Khan Younis's historic Grain Market, reducing a centuries-old commercial hub to ruins and displacing generations of traders and shoppers.
fromwww.cbc.ca
6 days ago

As gas prices rise, ride-hail drivers feel especially pinched at the pump | CBC News

Sometimes I feel like I'm going to get, like, heart attacks. You feel like how am I gonna survive? What should I do? Should I put more hours [in]? Should I work, like, 14, 15 hours? It's a very hard decision. Singh, who already works seven days a week, estimates he's shelling out an extra $150 to $200 monthly to be on the road in downtown Vancouver.
Canada news
fromLondon Business News | Londonlovesbusiness.com
6 days ago

Fair taxation and the future of the regulated betting industry - London Business News | Londonlovesbusiness.com

With UK betting sites now serving as a primary driver of industry growth and digital innovation, any aggressive increase in duties threatens to stifle investment and lead to a significant contraction in a market that supports over a hundred thousand jobs nationwide.
Poker
World politics
fromwww.theguardian.com
6 days ago

Trump's Iran war has cost Americans at least $11bn already. And that's just the start | Arwa Mahdawi

US-Israeli military operations against Iran and Lebanon have cost over $11.3 billion in six days, with over 2,100 civilian deaths and 815,000 displaced, while Americans face economic consequences from the conflict.
fromAnthropic
6 days ago

The Anthropic Institute

The Anthropic Institute exists to understand and shape the consequences of powerful AI systems. We focus on the urgent questions that will determine whether these systems deliver the radical upsides that we believe are possible in science, security, economic development, and human agency-or whether they will pose a range of unprecedented new risks to humanity.
Artificial intelligence
Fundraising
fromBusiness Matters
1 week ago

Virgin StartUp unveils 20m funding pot for UK founders after passing 100m Start Up Loans milestone

Virgin StartUp announces £20 million funding for UK entrepreneurs in 2026-2027, its largest annual allocation since 2013, supporting early-stage business launches through government-backed Start Up Loans.
World news
fromFortune
1 week ago

There's an oil price scenario that would bring the US economy to a 'standstill; | Fortune

War in Iran blocks the Strait of Hormuz, removing eight million barrels daily from global oil supply—the largest disruption in history—causing oil prices to surge and threatening economic growth worldwide.
#oil-prices
World news
fromBusiness Insider
1 week ago

The Iran war is driving an oil shock - but not a broad supply chain crisis, Goldman Sachs says

Iran conflict drives oil prices up 70% but poses limited supply chain disruption risk, with modest 0.3% GDP impact and 0.5-0.6% inflation increase expected.
UK news
fromwww.independent.co.uk
2 weeks ago

What it means for your money as the price of oil surges past $100

Oil prices surged above $106, a 37% increase in one week, with widespread economic impacts on energy bills, manufacturing, transport, and food costs across all sectors.
World news
fromBusiness Insider
1 week ago

The Iran war is driving an oil shock - but not a broad supply chain crisis, Goldman Sachs says

Iran conflict drives oil prices up 70% but poses limited supply chain disruption risk, with modest 0.3% GDP impact and 0.5-0.6% inflation increase expected.
UK news
fromwww.independent.co.uk
2 weeks ago

What it means for your money as the price of oil surges past $100

Oil prices surged above $106, a 37% increase in one week, with widespread economic impacts on energy bills, manufacturing, transport, and food costs across all sectors.
#iran-conflict
fromFortune
1 week ago
US Elections

As Iran war knocks Trump back on his political heels, he lashes out a news coverage while taking flak from top MAGA figures | Fortune

fromFortune
2 weeks ago
World news

How the war in Iran could 'bring down the economies of the world' by cutting off its energy supply | Fortune

US Elections
fromFortune
1 week ago

As Iran war knocks Trump back on his political heels, he lashes out a news coverage while taking flak from top MAGA figures | Fortune

Trump faces political backlash following U.S.-Israel strikes on Iran, with declining poll numbers, public concerns over American deaths and economic turmoil, while Democrats gain momentum for midterm elections.
World news
fromFortune
2 weeks ago

How the war in Iran could 'bring down the economies of the world' by cutting off its energy supply | Fortune

The Iran conflict threatens prolonged destabilization of the Middle East and global economy through disrupted oil and gas supplies via the Strait of Hormuz.
#gas-prices
US Elections
fromFortune
1 week ago

'He said he was going to bring gas down': Trump voters sour as Iran war drives up prices | Fortune

Rising gas prices from an Iran war are frustrating American voters across the political spectrum, undermining Trump's campaign promises of economic improvement and lower fuel costs.
US Elections
fromFortune
1 week ago

'He said he was going to bring gas down': Trump voters sour as Iran war drives up prices | Fortune

Rising gas prices from an Iran war are frustrating American voters across the political spectrum, undermining Trump's campaign promises of economic improvement and lower fuel costs.
Public health
fromBusiness Matters
1 week ago

Fuel price surge could force one in ten drivers to cut hospital visits, survey warns

Rising fuel prices threaten to force drivers to reduce essential medical visits and significantly cut household spending, with potential economic recession risks.
#immigration-enforcement
Social justice
fromHouston Chronicle
1 week ago

Gulfton, Houston's 'Ellis Island,' is hurting under ICE fears, residents say

Trump's mass deportation campaign has created widespread fear in Gulfton, Houston's largest immigrant community, causing businesses to struggle and the neighborhood's cultural fabric to deteriorate significantly.
US politics
fromFortune
1 week ago

Trump's immigration crackdown is backfiring by hurting the U.S.-born workers it was meant to help, data shows | Fortune

Despite aggressive immigration enforcement reducing foreign-born workers by over one million since March 2025, U.S.-born labor force participation declined from 61.4% to 61%, contradicting the administration's goal of boosting native-born employment.
fromFortune
2 weeks ago
US politics

A Minneapolis Fed report details how much Trump's immigration crackdown hurt businesses and workers. 'There are not any people to hire' | Fortune

Social justice
fromHouston Chronicle
1 week ago

Gulfton, Houston's 'Ellis Island,' is hurting under ICE fears, residents say

Trump's mass deportation campaign has created widespread fear in Gulfton, Houston's largest immigrant community, causing businesses to struggle and the neighborhood's cultural fabric to deteriorate significantly.
US politics
fromFortune
1 week ago

Trump's immigration crackdown is backfiring by hurting the U.S.-born workers it was meant to help, data shows | Fortune

Despite aggressive immigration enforcement reducing foreign-born workers by over one million since March 2025, U.S.-born labor force participation declined from 61.4% to 61%, contradicting the administration's goal of boosting native-born employment.
fromFortune
2 weeks ago
US politics

A Minneapolis Fed report details how much Trump's immigration crackdown hurt businesses and workers. 'There are not any people to hire' | Fortune

fromwww.aljazeera.com
1 week ago

Yemeni ports face shipping fee hike amid Iran conflict

Because Yemen imports nearly 90 percent of its food and other essential commodities, economists and humanitarian organisations warn that the rise in shipping and insurance costs could quickly translate into higher prices for fuel, food and other goods, further worsening an already dire humanitarian situation.
World news
Artificial intelligence
fromFortune
1 week ago

Morgan Stanley warns an AI breakthrough Is coming in 2026 - and most of the world isn't ready | Fortune

A major AI breakthrough is expected in early 2026, driven by massive compute accumulation, but faces severe power infrastructure constraints and will cause significant job displacement.
fromSFGATE
1 week ago

San Francisco is losing another major grocery store

Closing a store is not a decision we take lightly, but this store has had performance issues for an extended period of time. We have worked to enhance and remodel the location, but it has not shown the sales and profit needed to continue operations. In fact, despite the best efforts of a great team, we have lost money year over year at this location.
San Francisco
Healthcare
fromCbsnews
1 week ago

Millions of Americans skip meals, stretch medication to afford health care

One-third of Americans cut everyday expenses and skip meals to afford healthcare, with 82 million making financial sacrifices including borrowing money and reducing utilities.
East Bay (California)
fromwww.berkeleyside.org
1 week ago

13K immigrant truck drivers lose California licenses

California canceled 13,000 immigrant truck drivers' licenses due to new federal rules restricting eligibility based on legal status, creating severe economic hardship for workers and the transportation industry.
Remote teams
fromForbes
1 week ago

The 10 Best Countries For Digital Nomads Right Now

Remote work has enabled 18.5 million Americans to become digital nomads, generating $787 billion in annual economic value while reshaping where professionals choose to live.
#geopolitical-conflict
fromFortune
1 week ago
World politics

Iran's new supreme leader is injured but reportedly 'safe' as traders sour on war exit strategy | Fortune

fromFortune
1 week ago
World politics

Iran's new supreme leader is injured but reportedly 'safe' as traders sour on war exit strategy | Fortune

California
fromReadWrite
1 week ago

California cardrooms lawsuits challenges AG Bonta regulations

California's cardroom industry sued the state over new gambling regulations, claiming the rules would eliminate blackjack games, restrict player-dealer games, and cost thousands of jobs and city tax revenue.
World politics
fromwww.dw.com
1 week ago

Turkey caught in the middle as Iran war escalates

Turkey seeks to mediate US-Iran tensions while protecting its economy, security, and borders from regional conflict spillover.
World politics
fromwww.theguardian.com
2 weeks ago

How high could oil go, and what might the global economic fallout be?

Oil prices surpassing $100 per barrel due to US-Israel conflict with Iran threaten global economic stability through inflation, market volatility, and potential central bank rate increases.
Startup companies
fromEntrepreneur
2 weeks ago

A 'Silver Tsunami' Is Coming for Small Businesses - and Millions of Jobs, Say Experts

Nearly half of U.S. small-business owners are 55 or older with only 54% having succession plans, threatening 2.3 million businesses and millions of jobs as Baby Boomers retire.
World news
fromFast Company
2 weeks ago

Global stock markets jolt after surge in oil prices as attacks in the Middle East continue

Global stock markets declined sharply as oil prices spiked to $120 per barrel amid Middle East tensions, raising stagflation concerns for the worldwide economy.
fromwww.amny.com
2 weeks ago

Editorial | Relief at the pump needed for New Yorkers | amNewYork

New York City drivers found themselves paying, on average, 31 cents more for a gallon of gas week-over-week, according to the American Automobile Association. The gallon price as of March 6 was $3.30, up from $2.99 on Feb. 27.
New York City
fromThe Washington Post
2 weeks ago

Trump threat to blow up trade deal puts Canada's auto town on the spot

Sales are down nearly 70 percent at Jahn Engineering, a tool and die shop that serves automakers here and in the United States. Dozens of workers have been let go following decisions made in the White House. The Canadian auto industry has been rocked by President Donald Trump's abandonment of subsidies for electric vehicles and embrace of tariffs.
Canada news
World news
fromwww.aljazeera.com
2 weeks ago

Iran to halt strikes on neighbours unless attacks from there: Pezeshkian

Iran's president pledges to halt strikes on neighboring Gulf states unless attacks originate from their territory, as regional conflict escalates with severe global energy market consequences.
San Francisco
fromABC7 San Francisco
2 weeks ago

Preparations underway for SF's 2026 Chinese New Year Parade: Here's a look

San Francisco's Chinese New Year Parade on Saturday will feature 17 floats, 100 groups, and hundreds of thousands of attendees celebrating the year of the horse with enhanced security and significant economic benefits for local businesses.
fromFortune
2 weeks ago

Silicon Valley legend Vinod Khosla has 'no plans to leave California' amid billionaire tax uproar-but he has another idea to fix the wealth loophole | Fortune

California will lose its most important taxpayers and net off much worse. Even people who don't expect this initiative to pass are still planning to leave because there will be another one. You're permanently reducing the tax base on an ongoing basis to get a one shot. That's what a junkie does, a one-time shot.
Venture
World news
fromwww.dw.com
2 weeks ago

How the US-Israel war with Iran is reshaping Africa

Iran expands strategic, economic, military, and educational partnerships across Africa while leveraging trade increases of 85% in 2025 to circumvent international sanctions.
California
fromCalifornia Post
2 weeks ago

Chevron warns of economic collapse in California under Gavin Newsom in doomsday letter

Chevron warns California's Cap-and-Invest climate program will destroy refineries, eliminate jobs, raise fuel prices, and threaten energy security.
World news
fromwww.dw.com
2 weeks ago

Kenya braces as Middle East conflict escalates

Kenya's President Ruto called for de-escalation and multilateral dialogue regarding Middle East conflict while condemning regional strikes, emphasizing threats to international peace and security.
Germany politics
fromwww.theguardian.com
2 weeks ago

Will Trump's Middle East war also engulf Friedrich Merz?

German Chancellor Merz navigated delicate diplomacy in Washington, balancing European interests against Trump's unpredictable Iran military actions while managing economic fallout affecting Europe.
fromwww.aljazeera.com
2 weeks ago

South Korea's stock market in meltdown amid US-Iran war

The benchmark KOSPI index plummeted as much as 12.2 percent on Wednesday, eclipsing the 12.02 percent single-day plunge triggered by the September 11, 2001 attacks on the US and the 9.44 percent drop seen at the height of the 2008 financial crisis.
World news
Artificial intelligence
fromFortune
2 weeks ago

Goldman finds 'no meaningful relationship between AI and productivity at the economywide level,' but a 30% boost for 2 specific use cases | Fortune

Corporate AI discussions far exceed measurable productivity gains, with no meaningful economy-wide relationship between AI adoption and productivity despite localized 30% gains in specific use cases.
World news
fromFortune
3 weeks ago

Trump's strikes on Iran could cost American economy as much as $210 billion, top budget expert says | Fortune

Operation Epic Fury against Iran could cost U.S. taxpayers between $40 billion and $210 billion, with direct military costs estimated at $65 billion and broader economic losses around $115 billion.
World news
fromFortune
3 weeks ago

UAE stock markets to close for two days amid Iran strikes | Fortune

UAE closes its two main stock exchanges for two days due to Iranian missile and drone attacks, protecting markets from potential economic disruption amid regional conflict.
San Jose Sharks
fromThesanjoseblog
3 weeks ago

PayPal Park Expands Its Role with Regular Concert Nights in San Jose

San Jose City Council unanimously approved PayPal Park to host up to 15 concerts annually, establishing the venue as a key entertainment destination with economic and community benefits.
UK news
fromwww.independent.co.uk
3 weeks ago

Property sales that fall through costs Britain 900 million a year'

England's property market loses over 900 million annually from transactions that collapse before completion, impacting estate agency revenue and stamp duty collection.
Retirement
fromFortune
3 weeks ago

The great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade | Fortune

Six million small businesses face ownership transitions by 2035, representing $5 trillion in value, but 92% currently close rather than transfer, threatening economic stability.
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