Economy Industry News
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Inside Michigan's Strategy For Economic Transition
Jonathan Smith, Chief Deputy Director of Michigan Department of Labor and Economic Opportunity and Director of the Community and Worker Economic Transition Office Michigan Department of Labor and Economic Opportunity With advances in AI and shifts…
Damage to the ocean nearly doubles economic cost of climate change, new study finds
Scientists have factored damage to the ocean into the social cost of carbon for the first time -- finding it nearly doubles the economic impact from climate change. Ocean damage from climate change -- dubbed the 'blue' social cost of carbon --…
Washington's Climate Innovation Hub Proves The Green Economy Is Here To Stay
View of crowded modern cityscape with 1201 Third Avenue, U.S. Bank Centre, ship moving in foreground, Seattle, Washington, United States. While political winds shift and policy debates rage across the country on the reality of climate change and…
UK economy returns to growth as car manufacturing rebounds
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy returned to growth in November after a…
Germany's troubled economy shows modest growth after two years of shrinkage
FRANKFURT, Germany -- Germany's troubled economy returned to modest growth last year after two years of falling output, official figures showed, as hopes rise that government spending on bridges, rail lines and defense may help end years of…
UK economy grew by a faster than expected 0.3% in November
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The British economy shrugged off Budget uncertainty in…
[In This Economy] Welcome to the wait-and-see economy
One would think that the flood control corruption scandal that erupted in 2025 would spawn enough anger among the Filipino people — in the same way that massive Gen-Z protests swept Nepal, Indonesia, Madagascar, and other…
UK economy grew by 0.3% in November, beating forecasts
The UK economy grew by a faster-than-expected 0.3% in November after car production rebounded and the services sector got a boost. Growth was driven by an increase in industrial output, the Office for National Statistics (ONS) said, helped by the…
Economic recovery continues despite uncertainties: finance ministry
Korea's economy continues to be on the path to recovery, supported by stronger domestic demand and solid performance in the semiconductor sector, despite lingering uncertainties, the finance ministry said Friday. The Ministry of Economy and Finance…
UK economy beats forecasts with 0.3% growth in November - business live
Newsflash: The UK economy has returned to growth, and more vigorously than expected. UK GDP expanded by 0.3% in November, new data from the Office for National Statistics shows, after shrinking a little in October. That's faster than expected; City…
Why Japan's Economy Is at a Tipping Point
For 30 years, Japan's prices were largely at a standstill. Now a weak yen has changed everything. Here's how consumers and businesses are coping with rising costs, and what it means for the future. (Source: Bloomberg)…
Relief for Reeves as UK economy clawed back ground in November
Rachel Reeves was offered some relief today as official figures showed the UK economy clawing back ground in November. GDP grew by 0.3 per cent across the month, a better performance than most analysts had pencilled in. It followed a 0.1 per cent…
Economy returns to growth for first time since June - latest updates
Thanks for joining me. Britain's economy returned to growth for the first time since June in the run-up to Rachel Reeves's Budget, official figures show. Here is what you need to know. 1) Reeves urged to go further on pubs package after £4bn…
UK economy in surprise return to growth for November
Partial construction restarting at the cyber-hit Jaguar Land Rover plant and an uplift in services has led to a surprise return to growth for the UK economy, which expanded 0.3 per cent in November. Official figures from the Office for National…
Bessent Says Won's Depreciation Not in Line with S. Korea's 'Economic Fundamentals
U.S. Treasury Secretary Scott Bessent said that the recent sharp depreciation of the Korean won does not align with South Korea's 'economic fundamentals.' The U.S. Department of the Treasury said in a press release on Wednesday that Bessent had…
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