Economy

£25 for a cookie? What the baffling luxury bakery boom tells us about Britain

Amid a cost of living crisis, pricey patisserie is all the rage – and not just in London. Our reporter goes on a crawl to find out if a tart can really be worth £45

Goldman's David Solomon Surprised by ‘Benign’ Market Reaction to Iran War

Goldman chief David Solomon said, 'I think it's going to take a couple of weeks for markets to really digest the implications of what's happened.'

UAE stocks sell off as markets reopen from two-day closure after Iranian strikes

Exchanges in Dubai and Abu Dhabi were closed for two days after Iran launched a wave of strikes on the Gulf nation.

European markets finish higher as traders track Middle East turmoil

European stocks closed higher on Wednesday as markets continue to track developments in the Middle East.

Middle East conflict offers economic lifeline to Russia’s flagging war machine

With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and India

Emerging market debt offers higher yield and diversification

Investors can diversify their fixed income portfolio with emerging market debt exposure, but the sector comes with several risks.

Iran Has Largely Halted Oil and Gas Exports Through Strait of Hormuz

At least four tankers have been struck by drones and maritime traffic has dropped by 80%, reports say

Trump offers assistance to oil shippers to halt price spike from Iranian threat

President Donald Trump unveiled a plan to restart transportation of oil and gas through the Strait of Hormuz and stanch the surge in energy prices brought on by the Iranian response to the strikes carried out by the United States and Israel over the weekend.

Does the VA have a debt relief program?

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Oil is the lifeblood of the economy

Oil should always be on stock investors' radar. But the war in the Middle East makes it impossible to ignore.

Beijing braces for economic impact as Iran war threatens Chinese oil: "A manmade crisis"

Updated on: March 3, 2026 / 1:29 PM EST / CBS News

The concert ticket industry is broken,' justice department says as Ticketmaster trial begins

Entertainment giant keeps average of $7.58 of each ticket for events at major concert venues, court hears