Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Opinion | What the mass tech layoffs mean for the U.S. economy
Hardly a day goes by that there aren't announcements of mass layoffs at marquee tech firms: 8,000 at Salesforce, 10,000 at Microsoft, 12,000 at Google, the largest in company history, and 18,000 at Amazon. IBM and music streaming service Spotify…
Domestic Perspectives on IPEF's Digital Economy Component
The Indo-Pacific region's digital economy is rapidly evolving. Unless the Biden administration offers a compelling vision for the future of the digital economy in its Indo-Pacific Economic Framework for Prosperity (IPEF) that addresses varied U.S.
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U.S. seeks to advance Americas economic plan with partners
WASHINGTON, Jan 27 (Reuters) - U.S. Secretary of State Antony Blinken joined with counterparts from across the Americas on Friday seeking to advance efforts to forge a regional economic partnership, building on a framework President Joe Biden…
FACT SHEET: Biden-Harris Administration Advances Americas Partnership for Economic Prosperity
Newly announced initial partners represent about 90 percent of the Western Hemisphere's GDP At the opening ceremony of the Summit of the Americas, President Biden announced the Americas Partnership for Economic Prosperity (Americas Partnership), a…
Spain's economy expands more than expected
Fourth-quarter GDP inches up 0.2% but output remains below pre-pandemic levels Receive free Spanish economy updates We'll send you a myFT Daily Digest email rounding up the latest Spanish economy news every morning. The Spanish economy expanded…
Investors don't listen to Elon Musk on the economy, Tesla bull says
Tesla CEO Elon Musk warned of a recession in the company's fourth-quarter earnings update. But investors shouldn't fret about his outlook, according to The Future Fund co-founder Gary Black. Any economic downturn will be shallow because the Federal…
Oil prices climb as U.S. economic hopes brighten; natural gas trades at lowest since 2021
Oil futures edged up again on Friday as traders fixated on improving demand prospects driven by China's economic reopening and expectations that the U.S. economy could achieve a “soft landing” and avoid a recession later this year.
NASA and the Space Force should catalyze the US space economy
Success in outer space is essential for American leadership and prosperity. Space holds infinite potential to strengthen America's national power through scientific discovery, technological advancement, international cooperation, military…
How a MAGA Split With Big Business Could Break the Economy
When Washington was on the brink of careening off the so-called fiscal cliff in 2011, recalcitrant congressional Republicans were facing pressure from a crucial ally. The U.S. Chamber of Commerce, the country's most powerful business lobby, had a…
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Opinion: Lebanon is on the verge of becoming a failed state after an unprecedented economic collapse
Please log in to bookmark this story. Create Free Account Two and a half years ago, one of the biggest non-nuclear explosions ever recorded levelled the Port of Beirut and shredded other parts of Lebanon's capital. The detonation of almost 3,000…
Two Key Things to Know About This Confusing Economy
Among the noneconomists I've recently interacted with, there is a lot of confusion and uncertainty about how the economy's doing and where it is heading. Among economists, it's pretty much the same. Some of them are predicting a recession starting…
Leaders anticipate cyber-catastrophe in 2023, report World Economic Forum, Accenture
Check out all the on-demand sessions from the Intelligent Security Summit here. 2022 was a difficult year for enterprise security, with the Russia-Ukraine war emboldening cybercriminals and ransomware-as-a-service beginning to thrive.
Beyoncé, a $100k-a-night suite and a red carpet of influencers: Dubai basks in its booming economy
A concert, which took place over the weekend, was the grand finale event of Atlantis The Royal's 'grand reveal,' whose 1,500 guests included model Kendall Jenner, rapper Jay-Z and a host of other influencers, socialites and royals. Rooms at the…
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Natural disasters caused $313-billion economic loss in 2022, Aon says
Images are unavailable offline. Natural disasters, many driven by climate change, caused global economic losses of US$313-billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural…
Council Post: 10 Important Expenses Every CEO Should Budget For In Today's Economic Climate
As businesses recover from the pandemic-fueled events of the last few years, as well as grapple with the uncertainty of today's economic climate, entrepreneurs are likely to feel cautious and unsure of how to plan for the success of their…
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