Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Flawed economic models mean climate crisis could crash global economy, experts warn
Flawed economic models mean the accelerating impact of the climate crisis could lead to a global financial crash, experts warn. Recovery would be far harder than after the 2008 financial crash, they said, as “we can't bail out the Earth like…
Speech by Governor Cook on the economic outlook
Thank you, Francisco, for the kind introduction, and many thanks to the Economic Club of Miami for the opportunity to speak with you today. It is wonderful to see firsthand the vibrant and growing South Florida economy. The Miami region's…
Freeland hopes for less economic dependency on China in future
Countries having cautious reliance on China while maintaining constructive engagement is essential to the future of globalisation in a world where trade is increasingly used as a weapon, according to Canada's former deputy prime minister.
Stephen Miran resigns from Council of Economic Advisers, stays at Fed
Stephen Miran announced Wednesday that he's resigning from the White House Council of Economic Advisers, but hasn't resigned from his position as a governor at the Federal Reserve. File Photo by Francis Chung/UPI Stephen Miran announced Wednesday…
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Don't Like Trump's Economy? Maybe You Will Next Year
Treasury Secretary Scott Bessent defended President Donald Trump's tariff policies in a congressional hearing Wednesday. Bessent said Trump's tariffs will take time to have their intended effect of revitalizing U.S. manufacturing and restoring…
I'm genuinely scared Jim Chalmers doesn't understand basic economics
I'm now genuinely concerned that the Treasurer doesn't understand basic economics. Either that or, if he does, he's prepared to cast its basic principles adrift in the name of political spin. He has blamed private demand for rising inflation and…
Roundup: Traditional pubs in UK grapple with economic strains
LONDON, Feb. 4 (Xinhua) -- Industry figures show that pubs and bars across Britain have been closing at an average rate of one a day, with the total number of licensed premises down by around 25 percent since 2000. At this rate, between 300 and 400…
Canada's Economy Is In A Rough Patch
Canada's private-sector activity remained soft in January, with the S&P Global Canada Composite PMI coming in at 46.4, slightly below December's 46.7. Manufacturing stabilized in January, while services fell to 45.8 from 46.5, with the latter the…
If Bitcoin Keeps Tanking, It Could Cause a 'Death Spiral' for the Entire Economy
The major cryptocurrency Bitcoin has had an absolutely horrible start to the year. The digital token has plummeted almost 14 percent so far in 2026, and almost 40 percent since hitting all-time highs of well over $120,000 in October — its…
Fed's Cook Focused on Inflation Risks as Greater Threat to Economy
Federal Reserve governor Lisa Cook sees a greater threat to the economy from elevated inflation than from a weakening labor market, a stance that suggests she could be skeptical of supporting a return to rate cuts. Speaking in Miami on Wednesday to…
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Why Sky-High Tariffs Haven't Derailed the U.S. Economy-At Least Not Yet
President Donald Trump hiked tariffs after taking office last year, but the economic damage some thought would result hasn't yet emerged. Economists said AI and government spending have helped support the economy, while importers and exporters have…
Polish Central Bank Holds Rates Again as Economy Accelerates
Poland's central bank kept interest rates steady, pausing its easing cycle for a second month, after unexpectedly strong economic growth. The Monetary Policy Council left the benchmark at 4% on Wednesday, in line with the forecasts of 19 out of 32…
Zero net migration would shrink UK economy by 3.6%, says thinktank
The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said…
Economy Minister at World Governments Summit
40073fdb-f3b8-49b5-a579-b4efb91c81c5 Created: Feb 04, 2026 04:56 PM (Updated: Feb 04, 2026 04:56 PM) Jason Hayward, the Minister of Economy and Labour is representing Bermuda at the World Governments Summit 2026, in the United Arab Emirates…
Economic Experts Skeptical Trump Fed Chair Pick Will Be Free from Political Influence
President Donald Trump last Friday announced his intent to nominate former Federal Reserve Board Governor Kevin Warsh to chair the central bank, tapping a Republican economist with industry and government street cred, but whose public displays of…
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