Economy Industry News

A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

theguardian.com - Damian Carrington - Flawed economic models mean climate crisis could crash global economy, experts warn
Flawed economic models mean climate crisis could crash global economy, experts warn
The Guardian

Flawed economic models mean the accelerating impact of the climate crisis could lead to a global financial crash, experts warn. Recovery would be far harder than after the 2008 financial crash, they said, as “we can't bail out the Earth like…

newstatesman.com - Mark Sommerfield - The foundations of a low-carbon economy
The foundations of a low-carbon economy
The Newstatesman

For communities built around industry, the road to net zero raises a critical challenge: how do we protect energy-intensive jobs while cutting emissions? Will the factories that anchor local economies survive the transition and can they remain…

thehill.com - Landon Derentz, opinion contributor - The Export-Import Bank is spending big to secure our economic future
The Export-Import Bank is spending big to secure our economic future
The Hill

Announced this week in the Oval Office by President Trump and the chairman of the Export-Import Bank of the United States, Project Vault is a $12 billion investment in America's economic security that establishes a new strategic reserve for…

abcnews.go.com -  ELAINE KURTENBACH AP Business Writer - What a Human Rights Watch report says about the economic toll of backsliding rights in Asia
What a Human Rights Watch report says about the economic toll of backsliding rights in Asia
ABC News

BANGKOK -- Widespread backsliding on protections of basic rights is taking a toll on Asian economies as growing inequality leaves the poor vulnerable to labor abuses and scams, a report by Human Rights Watch says. The report released Thursday says…

chicagotribune.com - Summer Ballentine - How GM is preparing for an economic downturn
How GM is preparing for an economic downturn
Chicago Tribune

Getting your Trinity Audio player ready... General Motors Co. is strategizing for an inevitable economic downturn by paring down dealer inventory and maintaining a cash safety net, Chief Financial Officer Paul Jacobson said Wednesday. Jacobson's…

scmp.com - Mia Nurmamat - China's clean power energising economy, adding a Brazil's worth of GDP: report
China's clean power energising economy, adding a Brazil's worth of GDP: report
South China Morning Post

Clean energy technologies – led by solar power and electric vehicles – drove more than one-third of China's economic growth last year and over 90 per cent of the rise in investment, according to a new study. China's clean energy…

federalreserve.gov - Speech by Governor Cook on the economic outlook
Speech by Governor Cook on the economic outlook
The Fed

Thank you, Francisco, for the kind introduction, and many thanks to the Economic Club of Miami for the opportunity to speak with you today. It is wonderful to see firsthand the vibrant and growing South Florida economy. The Miami region's…

scmp.com - Lucy Quaggin - Freeland hopes for less economic dependency on China in future
Freeland hopes for less economic dependency on China in future
South China Morning Post

Countries having cautious reliance on China while maintaining constructive engagement is essential to the future of globalisation in a world where trade is increasingly used as a weapon, according to Canada's former deputy prime minister.

wsj.com - Paul Vieira - Bank of Canada Gov. Macklem Warns of Misdiagnosing Economic Weakness
Bank of Canada Gov. Macklem Warns of Misdiagnosing Economic Weakness
Wall Street Journal

OTTAWA—Further interest-rate cuts won't necessarily help an economy that's being pulled down by U.S. trade friction, advances in artificial intelligence and lower population growth, Bank of Canada Gov. Tiff Macklem said Thursday. The…

bloomberg.com - Erik Hertzberg - Macklem Warns of Rate Cut Risk Amid Structural Economic Changes
Macklem Warns of Rate Cut Risk Amid Structural Economic Changes
Bloomberg

Bank of Canada Governor Tiff Macklem warned that cutting interest rates while the economy is adapting to structural changes risks stoking future inflation. “We have to be careful not to misdiagnose economic weakness,” Macklem said in…

bloomberg.com - Jana Randow - ECB Holds Rates as Euro Rally and Tariffs Threaten Economy
ECB Holds Rates as Euro Rally and Tariffs Threaten Economy
Bloomberg

The European Central Bank kept interest rates unchanged as officials assess the economic toll of a rally in the euro and renewed trade unpredictability. The deposit rate was left at 2% on Thursday — as predicted by all economists in a…

japantimes.co.jp - Fedja Grulovic - Greenland shatters temperature record, redrawing economy from fishing to minerals
Greenland shatters temperature record, redrawing economy from fishing to minerals
The Japan Times

Greenland, the Arctic island coveted by U.S. President Donald Trump, experienced its warmest January on record this year, as a rate of warming four times faster than the global average redraws the outlook for sectors from fishing to mining. Trump…

marketwatch.com - Jeffry Bartash - Job openings sink to a postpandemic low. The economy is barely adding any new jobs.
Job openings sink to a postpandemic low. The economy is barely adding any new jobs.
MarketWatch

The number of job openings in December fell to the lowest level in eight years, excluding the COVID-19 pandemic era, underscoring the fragility of the U.S. labor market in the new year. U.S. job openings dropped by 386,000 in December to 6.5…

cnbc.com - Lori Ann LaRocco - Trump's trade war creating economic 'mirage' with GDP forecasts, freight market disconnected: Shipping expert
Trump's trade war creating economic 'mirage' with GDP forecasts, freight market disconnected: Shipping expert
CNBC

Global economic growth forecasts are relatively optimistic for 2026, but a freight shipping expert tells CNBC the frontloading of shipments related to President Trump tariff's may be skewing the picture. While headline GDP growth may look strong…

jpost.com - Language, crime, transportation issues harm Arab economy
Language, crime, transportation issues harm Arab economy
The Jerusalem Post

Poor public transportation, limited Hebrew-language skills, and persistent violence in Israel's Arab communities are among the main factors driving economic inequality between Israel's Jewish and Arab populations, experts said at a conference on…

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