Money

Current price of oil as of May 8, 2026 thumbnail
The Business Economics

Current price of oil as of May 8, 2026

At 9 a.m. Eastern Time today, oil was priced at $104.07 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks...

New York is going to tax the wealthy’s second homes, but not tax wealth itself thumbnail
The Business Economics

New York is going to tax the wealthy’s second homes, but not tax wealth itself

People who buy luxurious second homes in New York City, but live most of the year elsewhere, would have to pay a new tax on...

How playing golf alone can make you better at your job thumbnail
The Business Economics

How playing golf alone can make you better at your job

I have a book coming out this month called Solo Golf (Workman), which is exactly what it sounds like: a case for playing...

Amazon’s drones touch down in Darlington in UK delivery first thumbnail
The Business Economics

Amazon’s drones touch down in Darlington in UK delivery first

Amazon has quietly opened a new front in the battle for ultra-fast delivery, becoming the first retailer in Britain to drop parcels by...

TGJones owner Modella Capital to shut up to 150 former WHSmith high street shops thumbnail
The Business Economics

TGJones owner Modella Capital to shut up to 150 former WHSmith high street shops

Modella Capital, the private equity owner of the rebranded WHSmith high street chain TGJones, is to shutter up to 150 of its 480...

Retailers warn Reeves is creating a ‘jobless generation’ as hiring costs spiral thumbnail
The Business Economics

Retailers warn Reeves is creating a ‘jobless generation’ as hiring costs spiral

Britain’s high street is sounding the alarm. The country, retailers warn, is drifting towards a generation locked out of work, with the Chancellor’s...

The retired executives swapping the golf course for the boardroom – and charging next to nothing thumbnail
The Business Economics

The retired executives swapping the golf course for the boardroom – and charging next to nothing

Retirement is meant to be the reward for a lifetime of corporate slog: long lunches, a forgiving handicap and the freedom to ignore...

Fertiliser shortages set to send global food prices soaring, warns Grosvenor chief thumbnail
The Business Economics

Fertiliser shortages set to send global food prices soaring, warns Grosvenor chief

British farmers are already nursing input cost rises of up to 70 per cent, and the worst of the squeeze on the world’s...

Five architects of the AI economy explain where the wheels are coming off thumbnail
The Business Economics

Five architects of the AI economy explain where the wheels are coming off

Home Start Ups Five architects of the AI economy explain where the wheels are coming off Earlier this week, five people who touch...

A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom thumbnail
The Business Economics

A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...