Economy Industry News

A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

nytimes.com - Audra D. S. Burch - As Trump Touts Economic Gains, Many Workers Still Feel the Pinch
As Trump Touts Economic Gains, Many Workers Still Feel the Pinch
The New York Times

For 13 years, Maribel McBeath has cleaned plane cabins at the airport in Charlotte, N.C. She earns $16.50 an hour, which is not enough to cover her expenses — about half goes to rent — or allow her to save for the future. At 66, Ms.

techcrunch.com - Russell Brandom - How AI agents could destroy the economy
How AI agents could destroy the economy
TechCrunch

On Sunday, an analyst group called Citrini Research published a remarkable piece illustrating how agentic AI could bring on mass economic destruction over the next two years. The scenario imagines a report from two years in the future, in which…

federalreserve.gov - Speech by Governor Waller on the economic outlook
Speech by Governor Waller on the economic outlook
The Fed

Thank you, Constance, and thank you for the opportunity to speak to you today. Let me commend NABE for focusing this year's conference on economic disruptions including artificial intelligence, a subject I have spoken on often lately, and which I…

bloomberg.com - Watch New Frontier for ETFs: Space Economy, Prediction Markets
Watch New Frontier for ETFs: Space Economy, Prediction Markets
Bloomberg

New Frontier for ETFs: Space Economy, Prediction Markets On 'Bloomberg ETF IQ', Cinthia Murphy, investment strategist at TMX VettaFi, joins Scarlet Fu and Eric Balchunas to discuss 'UFO' ETFs, the space economy and prediction markets.

newyorker.com - John Cassidy - Jesse Jackson's Timeless Economic Platform
Jesse Jackson's Timeless Economic Platform
The New Yorker

A week before the Super Tuesday Democratic primary in 1988, I spent a few days on the campaign trail with the Reverend Jesse Jackson, who died last week at the age of eighty-four. Jackson was renowned for his soaring rhetoric, his role in the…

theguardian.com - Phillip Inman - 'Progressive membership': Ukraine's economic resilience shows future for EU business tie-ups
'Progressive membership': Ukraine's economic resilience shows future for EU business tie-ups
The Guardian

When the first Ukrainian-designed drone to be made in a German factory rolled off the production line last month, Volodymyr Zelenskyy knew it marked a turning point for the economy. With drone-making joint ventures also well advanced in Finland and…

scmp.com - Olga Wong - Exclusive | Hong Kong to boost IP economy with new academy, patent evaluation support
Exclusive | Hong Kong to boost IP economy with new academy, patent evaluation support
South China Morning Post

Hong Kong's finance chief will unveil new measures in his budget to strengthen the city's growing intellectual property (IP) economy, focusing on nurturing top-tier talent and helping local tech firms evaluate their patents, the South China Morning…

kbs.co.kr - BOK Chief Forecasts Improved Economic Growth Driven by Semiconductors
BOK Chief Forecasts Improved Economic Growth Driven by Semiconductors
KBS

The head of South Korea's central bank says the domestic economy will improve considerably this year compared with last year, due to improved consumer sentiment and a surge in exports driven by demand for semiconductors. Bank of Korea(BOK) Gov.

bbc.co.uk - Osmond Chia - Trump tariffs: What's next for Asia's economies?
Trump tariffs: What's next for Asia's economies?
BBC

Key US trading partners in Asia have been hit with a fresh wave of uncertainty after America's top court ruled that ⁠many of the tariffs President Donald Trump announced in 2025 are illegal. After the Supreme Court ruling on Friday, Trump…

gizmodo.com - Bruce Gil - AI Added 'Basically Zero' to US Economic Growth Last Year, Goldman Sachs Says
AI Added 'Basically Zero' to US Economic Growth Last Year, Goldman Sachs Says
Gizmodo | The Future Is Here

Meta, Amazon, Google, OpenAI, and other tech companies spent billions last year investing in AI. They're expected to spend even more, roughly $700 billion, this year on dozens of new data centers to train and run their advanced models. This…

fortune.com - Steve H. Hanke - Trump's tariffs: a lesson in economic and legal ignorance
Trump's tariffs: a lesson in economic and legal ignorance
Fortune

On Liberation Day, President Trump held up what most economists correctly thought was a rather silly reciprocal tariff chart. Armed with that chart and under the cover of the International Emergency Economic Powers Act (IEEPA) of 1977, Trump then…

semafor.com - J.D. Capelouto - Ukraine economy proves resilient, despite war damage
Ukraine economy proves resilient, despite war damage
Semafor

Ukraine's economic reconstruction will cost about $588 billion over the next decade, according to new estimates released a day before the four-year anniversary of Russia's full-scale invasion. Despite the considerable damage, which is most…

afr.com - John Kehoe, Ronald Mizen, Paul Smith - Invest in AI to prevent 'Uberisation' of the economy: Charlton
Invest in AI to prevent 'Uberisation' of the economy: Charlton
Australian Financial Review

John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump's first election. He joined the Financial Review in 2008 from Treasury. Connect…

foxnews.com - Amanda Macias - Kingpins fall, prices don't: How cartels defy the rules of economics
Kingpins fall, prices don't: How cartels defy the rules of economics
Fox News

In most markets, removing a CEO rattles investors and drives prices up or down. In the global drug trade, taking down a kingpin barely moves the needle. Over the weekend, Mexican authorities said they killed one of the world's most prolific…

thestar.com.my - Olena Harmash - Analysis-Power drought tips Ukraine's economy into worst crisis since war's first year
Analysis-Power drought tips Ukraine's economy into worst crisis since war's first year
The Star Online

KYIV, Feb 23 (Reuters) - Ukraine's economy is enduring its toughest period ⁠since the early months of Russia's invasion after sustained air strikes left its power system in tatters as the war enters a fifth year, forcing firms to cut output…

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