Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The K-Shaped Economy Has Come for the Music Industry
Let me put some numbers behind a trend you might have noticed: More than 10 major musical artists have outright canceled their tours in 2026. Dozens of music festivals have called off their dates. At the same time, the average concert ticket in the…
What an AI slowdown might mean for the economy
Recent fretting about the uncontrolled pace of AI development has investors and U.S. officials nervous that the industry could soon shift into a lower gear—and potentially slow the entire American economy along with it. In recent days…
The experience economy is moving audiences from watching to doing
This article has been reviewed by a Digital Journal editor and may be licensed for reuse. Entertainment appears to be transitioning into a period where physical presence carries increasing commercial appeal. Stadium concerts, premium cinemas, theme…
Unemployment, weak economy mark Kast's first six months in Chile
SANTIAGO, Chile, Sept. 17 (UPI) -- Rising unemployment and weak economic activity have marked the first six months of Chilean President José Antonio Kast's administration, as the country's central bank lowered its growth outlook for this…
Takaichi maintains economy team, signaling stability in turbulent times
Prime Minister Sanae Takaichi signaled stability during trying times by keeping most of her Cabinet intact and leaving top ministers with jobs related to the markets and the economy in their posts. In the reshuffle Thursday, Finance Minister…
Money in people's pockets is the key to economic recovery | Letter
David Redshaw responds to a letter on the bond markets and economic pressures afflicting the UK Neil Kinnock's timely letter (9 September) reminds us that we are not alone in suffering high gilt yields and borrowing costs. We are still feeling the…
Global Economic Outlook: September 2026
Higher energy prices have led to upward revisions in inflation forecasts for 2026–2027, increasing the likelihood of tighter financial conditions and further central bank tightening if shocks persist. The base case expects a 25-basis-point…
The Fed just threw a wrench in Trump's midterm economic message
With the midterms looming, President Donald Trump wants lower interest rates to ease the squeeze on American families. Instead, the Federal Reserve raised rates on Wednesday. The decision is aimed at combating stubborn inflation, but it will make…
IMF downgrades Australian economic forecast amid fears of interest rate hike
The International Monetary Fund has downgraded its forecast for Australia's economic growth in 2027, warning the Reserve Bank may have to hike interest rates further to get price pressures back under control. The IMF also called on federal and…
Lotus root industry boosts local economy in Honghu City, China's Hubei
Lotus seeds are pictured at a lotus root innovation base in Honghu City, central China's Hubei Province, Sept. 16, 2026. Honghu lotus root is a signature product of Hubei Province. In 2025, the lotus root cultivation area in Honghu City reached…
The Economics of Atonement
Rabbi Leo Dee is the author of “The Business Case for Israel', which explores the demographic, economic and spiritual forces shaping the future of the Jewish people. It is available on Amazon around the world and from Bookpod in Israel.
The American Economy Just Hit Two Major Milestones
For years, Americans have been told that the economy is failing them. But the latest Census Bureau numbers tell a more complicated, and considerably more encouraging story: poverty is falling, incomes are rising, and both measures have reached…
Switzerland raises economic growth forecast significantly
The federal government's expert group has revised its forecast for 2026 to predict growth in real gross domestic product (GDP, adjusted for sporting events) of 1.7%, up from the previous estimate of 0.9%, as announced by the State Secretariat for…
Australia's Housing Slump to Slow Economy, Assist RBA, HSBC Says
Australia's housing downturn is set to weigh on economic growth and help the Reserve Bank in its campaign to drag inflation back to its 2-3% target band, according to HSBC Holdings Plc. HSBC's Paul Bloxham pointed to a series of channels through…
Immigration cuts add to economic headwinds for Labor
The timing of Labor's belated and limited immigration overhaul is worrying, coming as the global economic challenges confronting Australia's economy intensify. On Thursday, Donald Trump's handpicked Federal Reserve Chair, Kevin Warsh, defied the…
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