Economy Industry News
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Communications Services Up on Rotation to Old-Economy Sectors -- Communications Services Roundup
Communications-services ticked down as traders rotated out of some of the leading 2025 sectors into old economy areas such as industrials, energy and raw materials. The Justice Department is investigating whether Netflix has engaged in…
These 'old economy' sector plays stand out as the tech sell-off weighs on Wall Street
Investors looking for refuge from the tech sell-off slamming Wall Street should look to the 'old economy.' Analysts at Piper Sandler offered a handful of ideas for weary investors weathering the tech sell-off this week. The latest rout, which…
Belladrum brought £7.8m to Highland economy say organisers
Organisers of Belladrum Tartan Heart Festival say last year's event generated £7.8m in net impact for the Highlands. An economic assessment, by MKA Economics, published the figure based on the effect of visitor spending on local businesses…
Tech stock shakeout clouds market ahead of economic data deluge
NEW YORK, Feb 6 (Reuters) - An artificial intelligence-driven shakeout in the heavyweight technology sector is set to keep stock investors on edge in the coming week while a barrage of data could shift focus to the health of the…
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Is The Economy's Balance 'Precarious' or 'Stabilizing?' Fed Officials Differ
By some measures, the U.S. job market is stabilizing, but consumers are growing more pessimistic about its prospects, Fed officials noted in separate speeches Friday. One Fed governor said he was 'cautiously optimistic' while a regional bank…
Facing high Trump tariffs, Africa's leading economy says it's close to a new trade deal with China
CAPE TOWN, South Africa -- CAPE TOWN, South Africa (AP) — China and South Africa signed a framework agreement for a new trade deal on Friday as Africa's leading economy looks to other options following the high import tariffs imposed on it…
FACT FOCUS: Trump says tariffs have created an economic miracle. The facts tell a different story
WASHINGTON -- Looking back on the first year of his second term, President Donald Trump boasts that he has resurrected the American economy by imposing big import taxes on foreign products. He made his case in a recent opinion piece in The Wall…
Speech by Vice Chair Jefferson on the economic outlook and supply-side (dis)inflation dynamics
Thank you, Wendy, for the kind introduction. It is an honor to speak at the Brookings Institution. Today, I will start by sharing my outlook for the economy. Then, I will discuss the possible implications of that outlook for the path of monetary…
This week provided more evidence that a softening labor market is the economy's biggest threat
Evidence is piling up of a weakening labor market that could dampen an otherwise sanguine U.S. economic outlook this year while also paving the way for more interest rate cuts. Together, the data points buttress worries from some Federal Reserve…
A bigger economic story is unfolding beyond interest rates
As the opposition and government wrestled in the hay barn over who's to blame for this week's Reserve Bank interest rate increase, there's a much bigger story unfolding in the wings. While the portents are still in their infancy, the budget in May…
The Russian economy is finally stagnating. What does it mean for the war - and for Putin?
Western leaders were bullish when they imposed sanctions on Russia after the invasion of Ukraine in 2022. “The Russian economy is on track to be cut in half,” said the then US president, Joe Biden, in March, a month into the war.
Vivian Tu on how to spot good financial advice in an uncertain economy
Why does uncertainty make us less rational with money? And who should we trust for financial advice online? Vivian Tu, financial educator and CEO of Your Rich BFF, breaks down today's personal finance risks and opportunities, from “lifestyle…
Facing high Trump tariffs, Africa's leading economy says it's close to a new trade deal with China
In return, the trade ministry said China will get enhanced investment opportunities in South Africa, where its car sales have seen rapid growth. The U.S. slapped 30% duties on some South African goods under President Donald Trump's reciprocal…
4 Out of 10 S. Koreans Perceive Foreign Immigrants as Being Helpful to Economy
Four out of ten people in South Korea perceive foreign immigrants are contributing to the domestic economy. In a survey of one-thousand-78 adults conducted by the Migration Research and Training Center in late 2025, 38-point-four percent of the…
Nirmala Sitharaman: 'I Don't Want To Let Down The Economy...
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.' Debt-to-GDP glide path not fully back-ended FY26 is not an exception; delays are due to pending utilisation certificates from states…
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