Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
War, rates and a global economy that won't break
Despite everything that has been thrown at the global economy, it remains remarkably hardy. The Iran war is extracting a modest toll, higher interest rates don't appear to have slowed growth so far and AI is driving an investment boom. But there…
Tokenized economies need local currency
By most metrics, tokenized finance is booming worldwide. However, our new tokenized economies have a structural flaw. We've digitized assets, such as bonds and securities, but still haven't tokenized the actual money that changes hands during these…
Europe needs a war economy
For the past four-and-a-half years, the war on Europe's doorstep has haunted policymakers. Yet they have treated it as a looming threat rather than one already eroding the very foundations on which Europe stands. Russia's war has devastated much of…
The Fed Faces Its Most Confusing Economy Yet
The Federal Reserve is navigating an economy as complex as anytime outside of a crisis. Consumer spending is strong, but sentiment is weak. Bond yields are at their highest in decades, yet stocks have soared. The US has experienced an energy shock…
How the Houthis Became a Threat to the Global Economy
As the Houthis step up their attacks across the Middle East, the Yemeni rebel group is a growing threat to the global economic and political order. Bloomberg News reporter Veena Ali-Khan explains what the group is about and where it came from.
Economics beyond the individual
Robert Hall and Michael Woodford's work modelling the macroeconomy based on individual agents' decisions has significant implications for monetary policy. Despite being hailed as providing a rigorous foundation for stabilisation policies, focusing…
Gov. Moore signs order to boost maritime economic opportunities in Maryland and beyond
Maryland Gov. Wes Moore has signed an executive order to create a task force that aims to expand and support local and national maritime growth opportunities. The order, signed Wednesday, authorizes Maryland's Department of Commerce 'to identify…
Accountants' confidence in economy declines
Jonathan Ashworth, chief economist, Association of Chartered Certified Accountants (Photograph supplied) The Global Economic Conditions Survey from the Association of Chartered Certified Accountants and Institute of Management Accountants has shown…
Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
Jim Chalmers has revealed December's mid-year budget update will project weaker growth and higher unemployment, as economists warn of a difficult six months ahead for the Australian economy. Two days after a senior Reserve Bank official…
From hardship to hope: Bugesera's journey towards a new economic future
Joan Asiimwe remembers a Bugesera that bore little resemblance to the district taking shape today. It was a place where Tutsi had been forcibly displaced, where discrimination denied children access to education, and where the 1994 Genocide against…
Boon or boondoggle? N.S. weighs $10B data centre's promised economic benefits
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Treasury yields rise as traders await more economic data ahead of Fed decision
Treasury yields edged higher early Friday, following a sharp drop the previous session. Yields on 10-year U.S. Treasurys — the main benchmark for mortgages, auto loans and credit card debt — rose by 2 basis points to 4.9779%. The…
Presque Isle council candidate for economic development and transparency
A former Presque Isle Recreation and Parks director is seeking a City Council seat because he wants to see the city expand its commercial base and gain better property tax control. Eugene Cronin, 46, is one of three candidates vying for two open…
Nvidia: Apex Arbiter Of Agentic And Physical Compute Economy (NASDAQ:NVDA)
Nvidia Corporation remains a Strong Buy, with a $447 price target (~101% upside), driven by its transformation into the AI economy's central infrastructure and governance provider. NVDA's strategic moves—Hugging Face acquisition, BlueField-4…
ECB's Panetta Says Rising Bond Yields Will Restrain Economy
European Central Bank Governing Council member Fabio Panetta said the jump in bond yields will restrain the region's economy, though isn't critical as things stand. Speaking in Turin, the Italian central-bank chief described the moves on debt…
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