Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Opinion | China's economic shift may hinge on what migrant workers do next
China's Politburo has just set the country's economic priorities for the second half of the year. The meeting took place against the backdrop of gross domestic product growth slowing to 4.3 per cent in the second quarter, its weakest since late…
Indonesia's Economic Growth Slowed While Beating Estimates -- Update
Southeast Asia's largest economy grew 5.29% from a year earlier in the April-June period, slowing from 5.61% in the first quarter, data from the country's statistics agency showed Wednesday. The reading beat the median forecast of 5.1% growth from…
Black Millennial Founders Are Now In The Offering Plate Economy
Dujon Smith, founder of My Block Skin Before 1921, the Greenwood District in Tulsa, Oklahoma, operated one of the most economically dense Black communities in American history. No federal grants. No venture capital. No corporate diversity…
Japan casts military buildup as path to economic prosperity
Japan's government is portraying its accelerating military buildup not only as a way to protect the country but as a route to greater prosperity, arguing in its latest defence white paper that arms production can support economic growth. SCROLL TO…
Low Rhine water levels threaten Germany's nascent economic recovery
Record low water levels on the Rhine river risk curbing German growth, analysts said on Monday, potentially dragging Europe's biggest economy back into stagnation just as it is showing early signs of a long-awaited recovery. SCROLL TO CONTINUE WITH…
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Extremely low water levels on the Rhine and Danube are disrupting energy generation, freight and river transport across Europe. The rivers support nuclear cooling, hydropower, industry and trade, meaning prolonged low levels could increase energy…
Iranian experts estimate economic losses from Operation Epic Fury at $280 billion
The city wasn't uniformly hit, however, with strikes heavily concentrated in certain areas. Of Tehran's 22 districts, District 4 was the heaviest hit by a significant margin, weathering 90 strikes. District 4 contains Lavizan, a northeast…
Democrats top Republican on economy for first time since 2017: Survey
Democrats have a slight edge over Republicans on their economic messaging for the first time in nearly a decade, according to a new survey. The Reuters/Ipsos poll, published this week, found that 37 percent of voters say they prefer Democrats'…
Opinion | Economics Drive Populism and Socialism
William A. Galston writes the weekly Politics & Ideas column in The Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings Institution's Governance Studies Program, where he serves as a senior fellow. Before joining Brookings in…
China Services Gauge Slows in Yet Another Sign of Weak Economy
China's services activity expanded at a weaker pace in July, a private survey showed, pointing to further weakness in the economy. The RatingDog China services purchasing managers' index fell to 50.4 from 54.1 in June, according to a statement…
Stop complaining. Australia's in good economic shape (mostly)
You have reached your maximum number of saved items. Remove items from your saved list to add more. Did you know that Australia has one of the oldest federations in the world? And did you know that this year we are – or should be –…
Japan's economy minister offers sanguine view on inflation
Japan has seen only moderate rises in consumer prices so far with the pass-through of higher costs from the Middle East conflict remaining limited, Economy Minister Minoru Kiuchi said on Tuesday, offering a sanguine view on inflationary risks.
What HSC economics students ask Ross Gittins the most
At the end of every year, like clockwork, Ross Gittins' inbox fills with the same request, sent by a year 12 economics student: Could he please post them a signed photo of himself? Their teacher is a big fan. “I am the rock star of high…
Why a measly 100,000 job openings is normal for the Trump economy
U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz. Employers posted 7.36 million vacancies in June, down from…
Trump takes trip to West Coast to tout the economy, something polls show he's weak on
WASHINGTON (AP) — President Donald Trump is making a rare visit to California and Nevada this week to try to draw contrasts with Democrats on the economy, border security and crime, seeking to shore up support for Republicans in November…
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