Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI and the Core Feature of the Silicon Valley Economy
As we have this on-going discussion about AI, I want to return to the question of scale and externalities and how they are the defining feature of the Silicon Valley economy. We can't make any sense of today's discussion of LLMs and AI without…
Korea's economic recovery yet to benefit households broadly: KDI
The benefits of Korea's economic recovery have yet to reach households more broadly, a state-run think tank said Monday, noting the recovery in their purchasing power remains limited. 'The recovery in household purchasing power remains constrained…
UK economy set to contract after strong start to summer, say experts
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy is forecast to have shrunk in August on…
Monday's Economic Calendar (SP500:) (SP500:)
Beth M. Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, speaks on the outlook and monetary policy before the National Association for Business Economics 2026 Annual Meeting,'Global Structural Reset: AI…
US's Reagan-era economic promises return as Trump's AI-fueled growth fantasy
Back through political history to the age of Ronald Reagan, Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government's coffers. The promise never really panned…
Merging WA unis is a good idea for Australia's economic future
Western Australia has an opportunity to undertake one of the most significant tertiary education reforms in its history, with implications extending well beyond universities to the state's economic competitiveness, research capability and long-term…
To counteract a spooky economy, America prepares to spend on Halloween candy
This Halloween, the fright isn't just at the haunted house. Rising prices for everything from groceries to gas are driving many consumers to cut back. “I'm walking to save a little bit of money,” said Lakisha Reardon, a legal…
UK economy set to contract after strong start to summer, say experts
The UK economy is forecast to have shrunk in August on the back of a decline in the services sector, according to experts. The Office for National Statistics will unveil the latest monthly UK economic growth data on Thursday October 15. Economists…
Abta finds outbound travel 'contributes £57bn to UK economy'
Oct 12, 202600:05 GMT by Andrew McQuarrie New research from Abta suggests the outbound travel industry contributes £57 billion a year to the UK economy, up 9.6% on 2019 levels, with the sector now supporting 865,000 jobs. The research…
Wilson is gaining economic traction as Carroll's popularity takes a further dive
As Victorians start to lock in to the choice before them at next month's state election, the political contest is being fought overwhelmingly on the Coalition's preferred ground, with the economy, financial management and crime the dominant issues…
IMF, World Bank Meetings Face Global Economic Risks Amid Iran War
Global finance leaders are gathering in Bangkok this week for the annual International Monetary Fund (IMF) and World Bank meetings as the prolonged Iran war, surging energy prices, rising interest rates and mounting debt threaten global economic…
The AI challenge: How to maximise economic impact, spread gains evenly
But this may be too narrow a framing. Economic value is ultimately created not only by generating intelligence but by deploying it. The history of general-purpose technologies suggests that many of the largest gains accrue to the downstream users…
Amazon: The Economic Challenge Gets Bigger (Rating Downgrade) (NASDAQ:AMZN)
Amazon has performed well since I last checked in June, but there can be a downside ahead as economic challenges get bigger. Margin pressures loom from inflation, higher fuel costs, and increased interest expenses, and there are risks to slowing…
Deutsche Bank CEO Urges Faster German Economic Reforms
Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germany's competitiveness and long-term growth prospects. Speaking in an…
A Sovereign Economic World is Under Construction to Replace Globalist 'Western Market Pricing'
Treasury Secretary Scott Bessent appears on Fox News morning program to discuss the current status of the U.S. economic targeting of Iran and the U.S. control of oil shipments through the Strait of Hormuz. At 05:49 of the video below, Secretary…
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