Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK and markets await Burnham's economic plans
Andy Burnham, expected to become Britain's next prime minister after Keir Starmer resigned, has set out to reassure investors concerned that state spending and debt could rise under his leadership. Burnham would like to see a partial…
China shock 2.0 is a real economic earthquake
Ten years ago, economists Gordon Hanson, David Autor and David Dorn identified what they called “the China shock.” That referred to the supercharged economic growth in China triggered by its entry into the World Trade Organization in…
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UK economy faces contraction as private sector activity hits 14-month low
Britain's private sector activity has plummeted to its weakest level in 14 months, driven by 'sustained weakness' within the crucial services industry, according to new figures. This downturn comes as businesses continue to raise prices, reacting…
Alan Greenspan Learned Behavioral Economics At The School Of Hard Knocks
WASHINGTON - DECEMBER 17: Former Federal Reserve Chairman Alan Greenspan testifies during a Senate Homeland Security and Governmental Affairs Committee hearing on Capitol Hill on December 17, 2009 in Washington, DC. The committee is hearing…
Keir Starmer's economic legacy - in charts
Keir Starmer used his leaving speech to lay out a long list of Labour's achievements in office – but his economic legacy appears mixed, with sluggish UK growth and higher employment costs. The prime minister said his government had turned…
What Brexit did to the economy, inflation and housing market ten years on
It is a decade since the Brexit vote and the ramifications are still being felt. The EU referendum took place on 23 June 2016 when the UK voted to leave the political bloc, ending the country's membership of the customers union and the single…
Andy Burnham's stark reminder about state of the economy ahead of PM bid
The UK economy has flat-lined this month as firms face a “litany” of cost increases due to the Middle East war, a report found. A survey by data provider S&P Global found businesses as a whole saw their output fall for the second…
Sanders AI plan would create panel with vast influence over economy
The bill, if signed into law, would impose a one-time 50% tax on the stock of the biggest AI companies. That stock would then be put into a sovereign wealth fund that would pay direct dividends to the public. Overseeing the fund would be a…
K-shaped economy is still 'firmly intact,' Moody's economist says
(NewsNation) — High earners continue to drive spending as the K-shaped economy remains “firmly intact,” according to Moody's Analytics chief economist Mark Zandi. Americans in the top 20 percent by income — those earning…
Remembering the legacy of Alan Greenspan, 'maestro' of the U.S. economy
Today, the former Chairman of the Federal Reserve Alan Greenspan died from complications of Parkinson's at the age of 100. Greenspan was widely considered the most powerful chair in modern times, serving for nearly two decades and largely presiding…
Burnham to give speech on economy after Starmer resignation clears way to No 10
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Andy Burnham is set to pledge growth and…
Can Pakistan's peacekeeping role in Iran war give it an economic dividend?
Pakistan's role in brokering a peace deal in the Iran war has led to widespread diplomatic acclaim that could bring Islamabad some economic benefits, but analysts question whether such gains can help resolve the fault lines in its economy. SCROLL…
Opinion | China's evolving political economy, as seen through gaokao scramble
This week, the results of China's National Higher Education Entrance Examination, or gaokao, will be released. Within days, candidates will submit their prioritised preferences for universities and majors. Families will have to make the most…
AI Acquisition building infra for AI agent economy
Opinions expressed by Digital Journal contributors are their own. Businesses are increasingly handing repeatable commercial work to AI agents that act on their behalf, qualifying leads, running outreach, managing follow-up, and coordinating the…
Andy Burnham plans economy speech after Keir Starmer resignation
Andy Burnham is poised to pledge economic growth and commit to Labour's budget rules as he looks to strengthen his financial credentials following Sir Keir Starmer's resignation, which has left him almost certain to walk through the door of No 10.
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