Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why a peace deal with Iran won't save the economy from energy-market chaos this summer
A US-Iran peace deal may be close, but relief from the disruptions caused by the conflict is a more distant reality. That idea that the conflict's end might be not be a quick fix for the energy market hasn't been digested yet, with oil prices…
AJC Poll: Georgians concerned about inflation, economy as midterms loom
“I think he has a long-term outlook. He's done a lot of things that nobody else had the guts to do,” said Galt, a retired union pipe fitter, who approves of Trump's aggressive trade policies. The AJC's polling in early 2025, just…
Japan tackles challenges of seafloor rare earth mining, eyeing economic security
Japan's government is taking on the challenge of mining critical minerals, including rare earths, from the seabed around Minamitorishima, a remote Japanese island in the Pacific, with an eye to realizing domestic rare earth production in the…
Roadmap for a space-to-space economy
Launch is the foundation of the space industry, to the point that many conflate it with the space industry in entirety because it is literally the loudest, most spectacular element we see. But the quietly orbiting satellites overhead are what…
Gulf economies face long-term hit from Iran conflict
Sameer HashmiBusiness reporter, Dubai In the early 1990s, Qatar was grappling with a period of economic strain - high debt levels and weak state revenues were weighing heavily on its finances. To try to transform its fortunes the small Gulf state…
KOSPI rally masks widening market polarization, economic divide
Even as the KOSPI fuels one of the strongest bull runs in the market's history, experts warned Thursday that the surge in the benchmark index should not be interpreted as a sign that economic conditions are improving evenly across society. They…
Philippines Economy Grows at Slowest Pace Since 2021 -- Update
Gross domestic product rose 2.8% in the January-March period from a year earlier, the Philippine Statistics Authority said Thursday, marking the slowest pace of growth since the first quarter of 2021. The print comes as the war-driven surge in…
Five architects of the AI economy explain where the wheels are coming off
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the…
Trump economic adviser: 'Credit card spending is through the roof'
One of President Trump's economic advisers projected a “very, very strong” job market future in the U.S. on Wednesday, despite price hikes amid the Iran war. “I had the head of one of the big five banks in my office yesterday…
Unemployment edges down to 4.8% despite economic uncertainty
The State's unemployment rate edged down to 4.8 per cent in April despite the economic uncertainty caused by conflict in the Middle East. This compares with a revised rate of 5 per cent in March. The latest Central Statistics Office (CSO) revisions…
Philippines says Mideast war sends economic growth to five-year low
The Middle East war and a major corruption scandal drove Philippine economic growth to a five-year low, officials said Thursday, adding future targets would be lowered. SCROLL TO CONTINUE WITH CONTENT Gross domestic product expanded 2.8 percent for…
Korea's employer federation discusses economic cooperation with China
The Korea Enterprises Federation (KEF), a business lobby representing employers, held the third Korea-China Employer Meeting in Shanghai on Thursday, discussing ways to strengthen bilateral economic cooperation with Chinese business leaders.
U.S. Economy: The Housing Market Worsens
The U.S. housing market faces worsening conditions in 2026, with no rebound expected due to persistent high mortgage rates and the potential for surging foreclosures. Termination of FHA mortgage mitigation programs makes a scenario for much higher…
How to Build Loyalty in a Job-Hopping Economy
For a long time, the fastest way to get a raise was to quit. Companies built that system. Now they're surprised by the behavior it created. The truth is that when strong employees quit, they usually cite the same reason. It's not because of the…
'Blue dot fever' explained: Millennial nostalgia economy loses steam
A new celebrity phenomenon has entered the lexicon as major music artists seem to struggle to sell out the venues they're booked to perform in. And it suggests a notable shift in what audiences are willing to pay for. The iconic 00s band The…
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