Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Inside South Africa's two-speed economy: Which sectors are winning?
Despite headwinds, South Africa's economy continued to record modest growth in June. South Africa's economy is increasingly becoming a tale of two speeds, with mining, retail, tourism and vehicle sales continuing to grow while electricity…
Companies Are Entering A Two-Tiered AI Economy
Luis Antonio Diaz is CEO of OfferioAI and a visiting lecturer at McGill University. For a brief moment, it felt like artificial intelligence had become universally accessible. Teams across industries were experimenting with tools from companies…
Burnham economics adviser calls for tax system overhaul
One of Andy Burnham's key economic advisors has urged him to overhaul Britain's tax system if he comes into office. Lord O'Neill, a former Treasury minister and economist, was one of several figures to sign a letter advising the prime minister in…
Economies Thrive With Older, Smaller Population, New Study Finds
Declining birth rates around the world have gotten many people worried about the economic impact, with predictions of slower growth and less innovation. But a new paper finds that the opposite may be true. Aging and shrinking populations have…
Minister commissions study into economic potential of using the Irish language
Stormont's economy minister Caoimhe Archibald has commissioned research into the growth potential of the Irish language, “to inform future decisions on public expenditure”. The two pieces of independent work, called for by the Sinn…
UK has worst mobile phone service of any major economy, says report
Britain has the worst phone signal of any major economy, analysis has revealed. Industry data shows we rank bottom of among G7 countries - which also includes Canada, France, Germany, Italy, Japan, and the US - when it comes to mobile network…
Save Social Security With the Gig Economy
Kathryn Anne Edwards, Columnist The Social Security trust fund will run out of money by late 2032, according to the annual report the program issued last month. The specific date is new — last year's report projected insolvency by early 2033…
The Restaurant Economy Doesn't Look K-Shaped
This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in…
How Gaza's economic mafia is a threat to Israel
While the world's attention has focused on the war in Gaza and the humanitarian catastrophe facing its population, another, less visible but equally dangerous system has been operating behind the scenes – one that deserves serious scrutiny…
Jim Bianco On The 'AI Economy,' Inflation And What's Next
The conversation explores the powerful forces driving today's AI investment boom, from the surge in technology spending and data center demand to the broader impacts on productivity, inflation, interest rates, and financial markets. The president…
Why the Taco Bell Meal for Two Is the Only Economic Indicator That Matters
Every year, economists gather in conference rooms to debate inflation, interest rates, and the future of the American economy. Meanwhile, I can determine the health of the entire financial system in approximately six seconds by opening the Taco…
US Treasury draft warns of economic mayhem if AI mimics dotcom bubble: report
The U.S. Department of the Treasury has produced a draft report warning of the extensive risks to the economy if the artificial intelligence market repeats what happened when the dotcom bubble burst 25 years ago, according to NOTUS.
Katie McGinty: The energy economy's biggest waste problem is already inside the system
As the world looks for a way to meet rapidly growing energy demand, a quiet shift is underway. Scale still matters, but it is no longer decisive. The advantage now goes to systems that are faster to deploy, more precise in operation, and adaptive…
How a handful of tech firms are reshaping the global economy
Silicon Empires: The Fight for the Future of AI by Nick Srnicek. The Canadian tech-focused academic delves into how a few companies are reshaping politics and economics across the world, tracing how a new class of Big Tech firms is moving to…
Las Vegas business group wants to wean economy off of tourism
Las Vegas business booster Danielle Casey is well aware that officials have long sought to wean the local economy off its dependence on tourism. Now, the group she leads has drawn up a plan for how it will try to diversify the employer base in…
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