Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How The Iran War Impacts India's Economic Fortunes
Indian vessel 'Nanda Devi' carrying liquefied petroleum gas (LPG) arrives at Vadinar Port in the Jamnagar district of Gujarat state on March 17, 2026 after Iran allowed it to pass through the Strait of Hormuz, a key energy corridor that remains…
Robust Q1 growth for HK as exports fuel economic recovery: Paul Chan
Hong Kong's economy experienced robust growth in the first quarter of the year, with gross domestic product (GDP) expected to surge 5.9 percent year-on-year — the fastest pace since mid-2021. Financial Secretary Paul Chan Mo-po said the…
Anthropic dispute proves sovereign AI is next economic battleground
When the customer is the U.S. government and the customer does not control its own systems, taxpayers are funding someone else's leverage. Sovereign AI is not a complicated concept. The customer controls the data. The customer controls the…
From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like
“A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too…
GCC economies post balanced growth as non-oil sector leads expansion
Muscat: Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf indicate that GCC economies recorded positive and balanced performance during the third quarter of 2025, with the non-oil sector leading…
Trump's top economic adviser predicts explosive 6% annual GDP growth, nearly triple most forecasts
President Trump's top economic adviser claimed Sunday that economic growth this year could clock in north of an explosive 6%, close to triple the expectations of most mainstream forecasts. White House Economic Council Director Kevin Hassett…
Everyday Economics: Stable but weak under the surface
(The Center Square) – The April jobs report looked fine. Payrolls rose, unemployment held at 4.3%, hours ticked up. Nothing broke. But look one layer down and the picture is different: the three-month average is just 48,000 jobs per month…
US voters feel Iran war pinch, but oppose help for other economies
Washington | US voters grappling with a surge in petrol prices recognise the economic hit from the Iran war, but most are opposed to helping other countries dealing with the fallout. The stark gap between awareness and obligation is the main…
The global economy is experiencing the largest capex cycle ever, with nearly $5 trillion seen by the end of the decade-and it's not all AI spending
AI hyperscalers aren't the only big spenders fueling the economy and financial markets as the energy sector is experiencing its own capital tsunami. Alphabet, Amazon, Meta, and Microsoft have been plowing hundreds of billions of dollars a year into…
International participants highlight China-ASEAN blue economy cooperation at Haikou forum
Picture of the China-ASEAN Blue Economy Cooperation Dialogue: Forging a Strategic Hub for the Big and Shared China-ASEAN Blue Economy Market— The Strategic Task of 'Creating a New Maritime Hainan', which kicks off on May 10, 2026 in Haikou.
People's Bank drives push towards cash-lite economy
Marking a significant milestone in Sri Lanka's digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country's transition towards a cash-lite economy. The initiative…
TRIP REPORT: Airplane Art Extra from the Hyatt Regency O'Hare - Economy Class & Beyond
It's a bit early this week, but it's time for a lot of aviation photos. It's Airplane Art time. Still for the friends But first. A trip to Liverpool, North West England. But why? To the… daytime Heathrow run? Lounging around with Cathay…
My Take | The path to the future is renewables, but not in Donald Trump's America
Does the United States suffer from a “resource curse”? Surely, that's an absurd question. It's the kind of problem that affects only low-income and underdeveloped countries run by dictators and authoritarian rulers. The US is…
Bountiful kelp harvest gives UNE students a taste of the blue economy
SACO BAY — The sun broke through the clouds on Thursday as a small crew of students from the University of New England hauled up about a thousand pounds of brown kelp. Over the next week, they will turn that bounty into about 5,000…
Indicators 2026: Construction industry holds steady in NEPA despite workforce challenges
WILKES-BARRE — The construction industry is a significant component of the economy in Northeast Pennsylvania, but faces some notable challenges tied to workforce shortages, according to data provided by The Institute. The regional data…
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