Economy Industry News
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The Spice Economy
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UAE squeezes Iranian economic lifeline in retaliation for attacks
The United Arab Emirates has begun retaliating against Iran 's incessant air strikes on its industrial infrastructure by squeezing the economic lifeline it has long extended to the sanctions-bound Islamic Republic. Rather than taking sweeping…
The Economy Is in Even Rougher Shape Than It Looks
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. It's Jobs Day, which means another round of befuddlement over the state of the United States economy. Despite its rocky…
US economic outlook clouds as stalling service sector clashes with strong jobs data
SCROLL TO CONTINUE WITH CONTENT The United States economy is showing signs of a growing divide as a robust recovery in the labor market is offset by the first contraction in the service sector in three years, fueling concerns that Middle East…
Sir James Dyson accuses Rachel Reeves of 'revenge economics
Sir James Dyson has denounced Rachel Reeves for what he branded 'revenge economics' - warning her tax raids on farmers and dithering over North Sea gas drilling are damaging Britain and its security. The billionaire inventor said the Chancellor's…
What SXSW 2026 revealed about the creator economy's future
At SXSW 2026, the creator economy moved firmly into the spotlight as a defining force in modern marketing. Creators are no longer viewed as content producers alone. They are business owners, cultural drivers, and trusted voices with direct…
Economy added 178,000 jobs in March: The key facts and figures
The economy added 178,000 jobs in March, and the unemployment rate fell slightly to 4.3%, the Bureau of Labor Statistics said Friday. Forecasters had expected the unemployment rate would be unchanged at 4.4% and that job growth would total 65,000.
Recession, stagflation, growth: 3 ways Iran supply chain chaos will hit the US economy
The supply-chain chaos stemming from the Iran war is likely to play out in one of three ways, according to TS Lombard. In a recent note to clients, the investment research firm laid out the varying economic scenarios that could result from the…
The Iran War Is Making the American Economy More Dominant Than Ever
“We cannot permit a resource so vital to be dominated by one so ruthless. And we won't.”—George H.W. Bush, 1990, on Saddam Hussein's invasion of Kuwait “Go get your own oil!”—Donald Trump, March 31, 2026…
Trump Celebrates Private-Sector Jobs Surge, Uses March Report to Make His Case on Economy
President Donald Trump moved quickly Friday to frame the March jobs report on his own terms, emphasizing the month-over-month rise in private-sector hiring while downplaying the topline number that dominated early coverage. After the Bureau of…
Watch US Economy: NEC's Hassett on Jobs Report, Oil Exports
NEC's Hassett on Jobs Report, Oil Exports, US Economy National Economic Council Director Kevin Hassett reacts to the US March jobs report and discusses oil market supply disruptions related to the war in Iran and the potential impact of oil prices…
How the Iran war is pushing US ally the Philippines into economic crisis
Across metropolitan Manila the usual cacophony of bumper-to-bumper traffic is gone. Astronomically high fuel prices have forced motorists off the road and, instead, the city's bus stops are chaotic and crowded. While the United States and Israel's…
James Dyson rages Labour has unleashed 'revenge economics' on Britain
SIR James Dyson has accused Rachel Reeves of damaging national security and destroying innovation with “revenge economics”. The billionaire entrepreneur claimed that taxes on family farms and delays in North Sea gas drilling has left…
Trump touts unexpectedly high March jobs report as economy rebounds from weak February
President Donald Trump on Friday touted the unexpectedly high March jobs report following job losses in February. 'A very happy and blessed Good Friday to all, especially to the 186,000 Americans who gained Private Sector jobs in the month of March…
US unemployment rate drops despite economic uncertainty and Iran war
Job growth in the United States rebounded in March despite the looming economic uncertainty pegged to tariffs and ongoing war on Iran. Friday's monthly job report from the US Bureau of Labour Statistics showed that the unemployment rate in March…
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