Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why The Hydrogen Economy Is Taking Longer Than Promised
Fountain Valley, CA - June 14: Hydrogen cars fueling up at TrueZero in Fountain Valley Wednesday, June 14, 2023. (Allen J. Schaben / Los Angeles Times via Getty Images) Los Angeles Times via Getty Images It feels like a mirage now. Germany's…
US unexpectedly loses jobs in blow to Trump's economy claims
The United States unexpectedly lost thousands of jobs in July, government data showed Friday, a blow to US President Donald Trump's claims of leading an economic revival as his Republican Party gears up for crucial midterm elections. The world's…
Can war-torn Myanmar finally realise its economic potential?
Rina left Myanmar shortly after the 2021 coup as military violence escalated against pro-democracy protesters like herself and the economy of her country, once a Southeast Asian frontier that had flickered with promise, ground to a virtual halt.
What The World Economic Forum Left Unanswered About AI And Purpose
What The World Economic Forum Left Unanswered About AI And Purpose For years, the conversation about artificial intelligence has centered on one question: what will happen to our jobs? Governments, business leaders, and economists have tried to…
Trump's economy is in the dumps
The U.S. economy lost 23,000 jobs in July, the Bureau of Labor Statistics announced on Friday, a drop that economists describe as “downright concerning.” This marks the sixth report showing a job loss during President Donald Trump's…
Opinion | Why China's trade partners may question value of economic integration
For over two decades, governments across the developing world have viewed closer economic ties with China as an essential component of their economic development strategies. As the world's second-largest economy, China offers access to an enormous…
Germans emerge as Europe's biggest China hawks as economic pain begins to bite
Germans have emerged as some of Europe 's most hawkish voters on China, more likely to consider Beijing as a rival or an adversary than in any other major EU country, a new survey has shown. Published amid a bout of soul-searching in Berlin over…
Economy lost 23,000 jobs in July, falling short of expectations
Mark Hamrick, chief economic analyst for the Hamrick Brief, told the Washington Examiner that, broadly speaking, the report was disappointing. “You have the first negative print on payrolls since February,” he said. “Now we're…
Global economic policy seems to be at the mercy of Bessent's to-do list
When the Trump cabinet met at Camp David last week, the US Treasury secretary, Scott Bessent, ostentatiously put a 'to do' list in front of him, where it could be seen by journalists. 'To Do,' it said. 'Buy Japanese Yen (JPY) $5 — $10 bill.'…
What Friday's jobs report means for the economy and Trump
Job numbers can bounce around from month to month. That is why it is important to look at the trend over multiple months. With downward revisions to the numbers for May and June, the three-month moving average of job gains was 20,000 in July. That…
US economy lost 23,000 jobs in July in surprise blow to Trump - business live
Newsflash: The US economy shed jobs last month. The US nonfarm payroll shows a fall of 23,000 jobs in July, startling economists who had expected a rise of around 80,000. Employment declined in local government education and retail trade, the US…
U.S. economy lost 23,000 jobs in July; analysts expected gains
Aug. 7 (UPI) -- U.S. employers unexpectedly cut jobs in July even as the unemployment rate ticked lower, according to data released Friday by the Bureau of Labor Statistics. Nonfarm payrolls fell by 23,000 on a seasonally adjusted basis, down from…
Defending Economics
In my latest column for AIER, I make the case that not all economists are guilty of Gregory Collins's charge of having too-narrow an understanding of human nature and motivation. I also defend my Adam Smithian distinction between consumption and…
Gulp: US Economy Loses 23,000 Jobs in July
Republicans want to make radical socialism the main issue of the midterm election cycle. They'd better hope they succeed, because if it's the economy, the GOP may end up looking... stupid. Job creation fell back again into negative territory in…
No jobs for the next generation: Young workers struggle in Trump's cooling economy
The U.S. job market presents a perplexing picture this year, appearing stable with consistent, if not spectacular, hiring following a sluggish 2025. Yet, beneath these headline figures, a complex, contradictory reality emerges. While some sectors…
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