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Stormont: Failed energy targets risk loss of economic opportunities
Time is running out to meet key targets within Stormont's energy strategy by 2030, a committee has said. The Public Accounts Committee (PAC) report followed an inquiry into the Department for the Economy's (DfE) delivery of the net zero strategy.
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…
Keynes Was Right About More Than Economics
In the best scene in The Standard of Living, James Graham's new play about John Maynard Keynes, Keynes and fellow economist Friedrich Hayek are on fire duty on the roof of King's College chapel, locked in debate as they wait for German bombs to…
Socialism Will Ruin the Economy, Stupid
As we enter the final stretch of the 2026 midterm campaign season, polls show that James Carville's 1992 campaign synopsis — it's the economy, stupid — applies more than ever. More than 80 percent of registered voters, including 82…
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…
Albanese-Chalmers have sent economy in opposite direction of Hawke-Keating
There is a view that a mining boom means that the exchange rate rises, so import-competing manufacturing contracts, and there is little benefit apart from raising taxes on mining profits. This ignores the broader income gains that result from…
America's economic death spiral isn't about the math -it's all on Trump
President Donald Trump has added $2 trillion to America's budget deficit in 2026, swelling the ballooning debt to $40 trillion. Even as economists continue to express alarm about the daunting math, a top economist argued on Wednesday that the…
Don't mistake Indonesia's MSCI scare for economic weakness
When MSCI floated the idea of downgrading Indonesia to a Standalone Market, anxiety quickly swept through Jakarta's financial community. Predictably, alarming headlines immediately pointed to foreign capital flight, stock prices dropped and local…
US To 'Conduct Economic Warfare' Against China: Washington Post
Despite talk about bon homie between the Trump administration and the communist tyrants in Beijing, the US is embarking on a large-scale spying mission against China, the Washington Post newspaper reported on Thursday. According to the Post, the…
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…
UAE and Singapore Discuss Cooperation in Four Economic Sectors
Singapore and the United Arab Emirates discussed opportunities to broaden cooperation in four sectors at an Oct. 21 meeting in Dubai, with both governments seeking stronger bilateral ties. WAM reported that Singapore Prime Minister Lawrence Wong…
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…
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…
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…
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