Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Checking on the Economics President's Economy
Nonfarm payrolls rose a seasonally adjusted 29,000 for the month while the unemployment rate increased to 4.2%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for job growth of 84,000 and an…
Jersey economy shrinks as profits fall
Jersey businesses and workers made less money in the island last year compared to the year before, a report has found. Statistics Jersey's economy report for 2025 has looked at how much the island makes from various different industries. It found…
Big economies to release 100M barrels of fuel
Major economies will release fuel, including diesel, from their stockpiles as prices have skyrocketed in recent weeks. © George Walker IV, Associated Press The Group of Seven (G7), which includes Canada, France, Germany, Italy, Japan, the U.K.
US economy added 29,000 jobs in September: BLS
The U.S. economy added 29,000 jobs in September, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate also ticked up slightly to 4.2 percent, the BLS reported. The economy added 162,000 jobs in…
The 2008 economic crisis changed the US's relationship to energy
One argument that often comes up about climate change is that fossil fuels are good because they powered economic growth that has left most people better off overall. And, to an extent, that has been true, but it's also an extremely limited…
Pennsylvania Roundup: Tourism contributed more than $87B to Pa. economy; supported 521,000 jobs
Department of Community and Economic Development (DCED) Secretary Rick Siger this week unveiled a new report highlighting how the commonwealth's tourism industry has grown by $6.4 billion and 13,427 jobs since Gov. Josh Shapiro took office. The new…
Economy fell short of expectations with 29,000 jobs in September in lackluster report
Forecasters had expected payroll job growth to be 89,000. The employment reports for both July and August were also revised down, and a combined 60,000 lower than previously reported. Friday's report highlights the challenge the economy presents…
How AI is changing the creator economy, from big paychecks to angry fans
AI is making waves in the creator economy — and it goes well beyond slop. The rise of technology has set off a complicated relationship between AI companies and influencers. The basic issue: AI presents a lucrative opportunity for influencer…
Economic myth management
The Reserve Bank has two objectives, price stability – keeping inflation between 2 per cent and 3 per cent – and maximum employment. At a recent event hosted by the Committee for Economic Development of Australia, RBA governor Michele…
Europe Has a New Economic Strategy: Fining America's Most Successful Companies
The United States builds wealth. The European Union increasingly seems content to just redistribute it. That divide was on unusually blunt display this week when France's Europe Minister Benjamin Haddad, a close ally of President Emmanuel Macron…
Why Carney's economic overhaul is clashing with Canada's unions
Toronto, Canada: As Canadian Prime Minister Mark Carney races to make the country less dependent on the United States, attract billions in new investment and get major projects built faster, his economic overhaul is running into resistance from a…
Environmental groups sue Trump administration over eased vehicle fuel economy rules
DETROIT (AP) — A group of environmental organizations sued the Trump administration on Friday over its recent relaxation of key vehicle fuel economy rules, a decision that the group says will make vehicles less efficient, contribute to more…
Trump administration sued over fuel economy rollback - TT
President Donald Trump speaks during an event on fuel economy standards in the White House on Dec. 3, 2025, in Washington. (Evan Vucci/Associated Press, File) Five environmental groups sued the Trump administration Oct. 2 in federal appeals court…
The Bigger Economic Story Behind Higher Mortgage Rates
Mortgage rates have crossed an uncomfortable threshold again. The average 30-year fixed mortgage rate rose to 7.28 percent this week, its highest level since November 2023, according to Freddie Mac. It was the sixth consecutive weekly increase, and…
Opinion: Northeast Pennsylvania has a big role to play in building America's technology economy
Northeastern Pennsylvania has been at the center of an economic transformation before. Generations ago, anthracite coal helped power the Industrial Revolution and preserve democracy around the world by fueling Allied forces in World War II.
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