Economy Industry News
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Turning the silver economy into a golden opportunity | FHKI Industry Connect | Prof Karen Chan
Hong Kong is entering an era of rapid population aging. By 2046, around 2.74 million people – 36 percent of our population – will be aged 65 or above. Behind these figures is a major shift in consumer demand. As the needs and…
The AI Bubble And The U.S. Economy
Capturing the AI upside while staying alert to the signs of a burst. A year ago, I became intrigued by the parallels between the current AI infrastructure build-out and the dot-com period. I asked, “ Is the AI bubble bursting? ” Much…
3 economy-linked areas of the stock market to buy even as growth slows
Cracks are starting to show in the US economy, but one top investment chief is saying to stick with the cyclical trade. Signs of an economic slowdown have emerged in recent weeks, including a negative July jobs print, a drop in retail sales, and…
Bond markets rattle economy, forcing controversial buyback 'Band-Aid'
The U.S. bond market is raising alarm bells for the economy, forcing the Trump administration to take emergency measures to ease the immediate impact on American pocketbooks. Long-term borrowing costs hit their highest levels across the world on…
Live updates: Trump warns Iran of 'economic warfare'; bond market sounds alarm
President Trump late Wednesday threatened Iran with a sweeping new economic crackdown, warning that countries helping Tehran evade U.S. pressure could also face consequences. In a post online, Trump described the effort as “Economic Warfare…
What property giant Evergrande's sentence means for China's economy
For property giant Evergrande, the face of China's real estate woes, an excruciating saga that has dragged on for years culminated on Thursday with court rulings ordering fines and jail terms. SCROLL TO CONTINUE WITH CONTENT The court in Shenzhen…
After Iran, Trump and his Republicans face their own Economic D-Day
President Donald Trump is preparing to unleash an 'ECONOMIC D-DAY' on Iran —his latest attempt to bully the Islamic Republic to relinquish control over the Strait of Hormuz and agree on a deal. In a Truth Social post last night, he promised…
Trump warns of economic consequences for any country that supports Iran
U.S. President Donald Trump warned of economic consequences against any country that provided “any type of lifeline to Iran” as the U.S. looks to resolve a war it began alongside Israel nearly six months ago. Thousands of people have…
Oil prices jump 3% as Trump threatens 'economic warfare
Aug. 20 (UPI) -- Oil prices were up 3% Thursday after President Donald Trump 's threat to impose a 'crushing economic operation' against Iran. Trump posted that he offered Iran an opportunity to make an agreement with the United States which it…
One big thing is dragging down Americans' vibes about the economy
Americans' wages aren't keeping up with the cost of living, and it's likely dragging down how they feel about the economy. The economy is still slowly growing, consumers are still spending, and both unemployment and layoffs are low. However…
Mamdani picking Khan to save economy is like hiring an arsonist to fireproof it
In his inauguration address last year, Mayor Zohran Mamdani vowed “to transform and reinvent” New York City. That pledge took an ominous leap forward last month when the mayor appointed former Federal Trade Commission Chair Lina Khan…
Reform's new economic adviser has called for end of pensioners' triple lock
Reform UK's new economic adviser has previously called the pensions triple lock unsustainable, advocated privatising the NHS and welcomed migration as a poverty alleviation tool, the Guardian can reveal. Robert Jenrick, Reform's economic…
Iran dismisses US economic threats, and other developments in the Middle East
Iran on Thursday dismissed threats by U.S. President Donald Trump of economic pain and isolation for the country, while the U.K. and other nations condemned Israel over a settlement project. Doctors Without Borders criticized the decision by…
National debt tops $40 trillion: Where Trump's approval on the economy stands
The U.S. national debt has surpassed $40 trillion for the first time, marking a staggering new milestone in the country's borrowing. Treasury data released on Wednesday showed total outstanding federal debt reaching roughly $40.05 trillion, with…
Want to strengthen America's economy? The key investment is hiding in plain sight
Picture the morning your technicians don't show up. Your flight never leaves the gate because there is no one to solve the maintenance issue. Your car sits in the shop for three weeks because the service bay has a lift and the necessary tools, but…
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