Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Resilient in face of Trump tariffs, world economy is forecast to grow 3.2% this year, OECD says
WASHINGTON -- The world economy has proven surprisingly durable in the face of President Donald Trump's trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth…
Mozambique's Economy Contracts for Fourth Straight Quarter
Mozambique's economy shrank for a fourth straight quarter as output in the southern African nation's electricity, gas and water-distribution industry slumped. The economy contracted 0.9% year-on-year in the three months through September, the same…
Americans Spent A Record $11.8 Billion On Black Friday Despite Economic Worries
Studio portrait of attractive confident young woman in trendy black dress and glasses, posing over bright colored yellow background with credit card and Black Friday shopping bag in hands. If you listened solely to the mainstream media or consumer…
2026 Economic And Market Outlook
Our 2026 S&P 500 Index target is 8,000 for 2026, assuming a 23x multiple of 2027 estimated S&P earnings of 348. We continue to be bullish on Treasury bonds with a 3.75% year-end 2026 yield target on the 10-year, which is 100bp over our forecast of…
Has Rachel Reeves been economical with the truth? - The Latest
Keir Starmer has been pushed to defend his chancellor after she was accused of lying in the run-up to the autumn budget. Rachel Reeves is alleged to have misled the public by citing bleak economic forecasts from the Office for Budget Responsibility…
Bank Indonesia projecting 5.3% economic growth for next year
JAKARTA: Bank Indonesia (BI) has projected Indonesia's gross domestic product (GDP) to grow by around 5.3% year-on-year in 2026, supported by rising consumption and investment. BI governor Perry Warjiyo said during the 2025 BI annual meeting last…
Despite economic uncertainty, Cyber Monday could break spending records
NEW YORK (AP) — Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones as the post-Thanksgiving shopping marathon wraps up on Cyber Monday. It's…
World Economy Shows Surprising Resilience to Tariffs, OECD Says
The global economy is weathering Donald Trump's trade tariffs better than expected as activity gets a boost from strong investment in artificial intelligence and supportive fiscal and monetary policies, the OECD said. The Paris-based organization…
Children 'going hungry and having pocket money stolen due to economic abuse'
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Children are suffering the impacts of…
India Accelerates Geospatial Technologies for Land Governance and Economic Growth at GeoSmart 2025
Geospatial technologies are becoming central to transforming land governance, rural development and national data infrastructure, stressing that India must accelerate the adoption of advanced mapping and spatial intelligence to strengthen…
UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy
LONDON -- British Prime Minister Keir Starmer on Monday defended his Treasury chief against opposition claims that she misled the public and the markets about the state of the public finances before last week's budget. Starmer said “there…
MP Materials: Industrial Policy And Geopolitics Outweigh Supply-Demand Economics (NYSE:MP)
Traditionally, our economy and markets have been all about supply and demand. Industrial policy, that's for other places. Other governments pick winders. Ours doesn't. But…. Times are changing. We're still big on free enterprise. But…
The State of AI: welcome to the economic singularity
Any far-reaching new technology is always uneven in its adoption, but few have been more uneven than generative AI. That makes it hard to assess its likely impact on individual businesses, let alone on productivity across the economy as a whole. At…
IMF economist says Korea's economy to rebound in 2026 amid modest slowdown in Asia
An economist from the International Monetary Fund (IMF) said Tuesday that while Korea's economy is beginning to show signs of a rebound, downward pressures continue to challenge Asia's fourth-largest economy, even as the broader Asian market is…
US says it will use G20 presidency to focus on economic growth
World Dec 1 (Reuters) - The United States, which on Monday assumed the 12-month presidency of the Group of 20 major economies, will focus on driving economic growth and prosperity, the U.S. State Department said. 'We will prioritize three core…
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