Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Everyday Economics: The Fed faces a slowing economy and a new inflation shock
(The Center Square) – Last week's data painted an uncomfortable picture. The U.S. economy entered 2026 with less momentum than previously thought, and inflation was still running hotter than the Federal Reserve would like. Revised figures…
Sky-high gas prices are already hitting the economy
Surging gas prices are already wreaking havoc on the economy. The Iran war has sent oil prices skyrocketing, with the impact being acutely felt at the pump. The average price of gasoline jumped to $3.63 a gallon on Friday, according to AAA, up from…
Opinion | How jet engines can help power the global AI economy
Artificial intelligence (AI) runs on electricity. Sometimes that electricity might come from a jet engine. FTAI Aviation, a New York-based aircraft engine lessor and maintenance provider valued at more than US$25 billion, plans to convert roughly…
Market And Economic Implications From The War In Iran
Despite a 5% S&P 500 pullback, market action appears as healthy consolidation, not a signal of systemic distress. Sustained $100+ oil poses risks: higher inflation, delayed Fed rate cuts, and potential consumer retrenchment impacting economic…
Labour has weapons in its arsenal to cushion the poorest from Iran war economic fallout | Heather Stewart
It doesn't involve warships, drones or strategic oil stocks, but one of Labour's most potent weapons for containing the economic aftershocks from the Iran war for the UK is about to be unleashed: the scrapping of the two-child limit. If the cost of…
U.S. and China economic chiefs meet in Paris to clear path to Trump-Xi summit
Top U.S. and Chinese economic officials launched a new round of talks in Paris on Sunday to iron out kinks in their trade truce and clear a smooth path for U.S. President Donald Trump's trip to Beijing to meet with Chinese President Xi…
The Iran war is a new test of America's economic superpower
If you predicted the U.S. would fall into recession due to the latest headlines, the last few years have made you look dumb. Through interest rate increases, armed conflict in Europe and a trade war, it has proven stunningly resilient. The big…
Can AI save aging East Asian economies?
HONG KONG — Declining fertility rates have long been viewed as a drag on economic growth, but the outlook may not be entirely bleak for Asian economies such as China, Korea and Japan, analysts said. Demographic pressure is accelerating…
Industry minister discusses energy, supply chain cooperation with Indo-Pacific economies
Industry Minister Kim Jung-kwan attended the inaugural Indo-Pacific Energy Security Ministerial and Business Forum (IPEM) held in Tokyo this weekend and explored ways to bolster regional cooperation in energy and critical mineral supply chains amid…
The outdoor recreation economy is worth $1.3 trillion. Trump's cuts to National Parks could change that
Americans are all in on spending time outdoors, and the economy, at least until recently, loves it. The business of the American outdoors has evolved from a pastime for the adventurous to a veritable economic juggernaut, one that in 2024 led to…
Building financial resilience in Central Oregon's seasonal economy
Living in Central Oregon comes with undeniable rewards. From powder days on Mt. Bachelor to summer weekends on the Deschutes, we're fortunate that every day we get to enjoy the outdoor lifestyle that attracts visitors from around the country. Of…
War, Oil And Debt: Which Threats To The US Economy Are Legit?
It's the magic number, the line that's not supposed to be crossed; when a nation's public debt finally exceeds its GDP. Historically speaking, it's not a sign of doom like many economists suggest. Numerous countries have sustained for decades with…
Can-Am brings economic boost to northern Maine
FORT KENT, Maine — The 33rd annual Can-Am Crown International Sled Dog Races may be over, but the business community is still celebrating what Fort Kent's largest annual event means to its bottom line. The races bring more than excitement to…
Hassett says U.S. economy can weather Iran war as officials expect conflict to end within weeks
National Economic Council Director Kevin Hassett said Sunday that the Trump administration expects the war involving Iran to conclude within weeks and believes the U.S. economy is positioned to withstand the conflict's energy-market disruption. In…
Uganda should reclaim its economic destiny through institutional discipline
Uganda's macroeconomic fundamentals reveal both promise and urgency. According to the World Bank, Uganda's GDP growth rebounded to approximately 5.5 per cent in 2023, with projections strengthened by oil-related investments and infrastructure…
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