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Top economist dismisses claims America's economy is 'booming
A leading American economist has responded to those arguing that the U.S. is in the midst of an economic boom, and warned that most consumers are falling behind thanks to elevated energy prices and inflation more generally. Over the past few…
JPMorgan warns the K-shaped US economy could spark a broader macro shock
America's K-shaped economy is sticking around, and it could what sparks a fresh economic shock, JPMorgan Asset Management is warning. In a recent report, the bank's asset management arm highlighted fragilities associated with the K-shaped economy…
Southeast Asia's digital economy to hit $368 billion
In Southeast Asia, generative AI has become an essential part of daily life, actively used by 243 million people (58% of the working population) and scaling four times faster than the rollout of the mobile internet. This has major implications for…
Warner Cheuk urges businesses to seize potential of silver economy
Deputy Chief Secretary for Administration Warner Cheuk Wing-hing urged businesses to seize the massive potential of the silver economy as the purchasing power of the elderly grows steadily in Hong Kong. SCROLL TO CONTINUE WITH CONTENT Speaking at a…
No Economic Case for Tariffs
Here's a letter to a new correspondent. Thanks for your email. You write: I am not an economist. It seems intuitive that tariffs would raise taxes. Simply stated, tariffs limit competition. Limited competition leads to higher prices. However, the…
From AI boom to economic bust
OXFORD — The divide between artificial intelligence (AI) fantasists and doomsters is growing. The fantasists believe AI will turbocharge growth and create a utopian world of abundance. The doomsters believe it poses an existential threat to…
Six Charts That Explain the Forces Shaping China's Economy
China's breakneck economic growth – which lifted incomes at home and reshaped markets abroad – once seemed as inevitable as a law of nature. That presumption is now being tested. In March, China's government lowered its official 2026…
How the Trump administration's crackdown on international students could affect the economy
A new proposed $70,000 fee for international students who are seeking to work in the U.S. after graduation is the latest Trump administration policy targeting scholars from abroad. 'We've never, until now, seen this deluge of policies that have…
California Tried to Jumpstart the Film Economy. Production Keeps Falling.
California's $750 million bet on Hollywood has not reversed the overall decline in production, according to data released Wednesday by FilmLA. Instead, production levels fell 3.7% in the third quarter — even as the share of projects…
The K-Shaped Economy Is Looking Sicklier By The Quarter
The U.S. economy is currently propped up by AI-driven tech capex and the wealth effect among affluent households with significant equity exposure. Rising interest rates and weak consumer health are pressuring housing, durable goods, and high-ticket…
Tightening the economic belt
My friend from Nyamiyaga called me the other day and suggested that we should start using the same car to work. The prices of fuel have become unbearable, the dollar is misbehaving, and our salaries are fixed. They cannot rise similarly. And I…
South Korea expands intelligence agency's economic security role
Oct. 20 (Asia Today) -- South Korea's National Intelligence Service is expanding its activities into economic security as the country strengthens its response to industrial technology theft, foreign-backed hacking and threats to critical supply…
How Porn Blazed the Trail for the Creator Economy
Porn — or so the legend has it — pioneers every technological revolution. That may overstate porn's role in the development and adoption of home video (particularly VHS), online subscriptions, streaming and interactive webcams. But in…
Nobel Economics Prize 2026: How can Hall and Woodford's ideas help tackle today's economic challenges?
Updated - October 21, 2026 06:20 pm IST This year's Nobel Prize in Economics was awarded to an American duo – Prof Robert Hall of Stanford University and Prof Michael Woodford of Columbia University – “for microeconomic…
Adaptive capacity sustains China's economic resilience
A landscape design of the Annual Conference of Financial Street Forum 2026 in Beijing, October 19, 2026 Photo: VCG As China enters its 15th Five-Year Plan period (2026-30) against a complex external environment, questions about the resilience of…
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