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 a peace deal with Iran won't save the economy from energy-market chaos this summer
A US-Iran peace deal may be close, but relief from the disruptions caused by the conflict is a more distant reality. That idea that the conflict's end might be not be a quick fix for the energy market hasn't been digested yet, with oil prices…
AJC Poll: Georgians concerned about inflation, economy as midterms loom
“I think he has a long-term outlook. He's done a lot of things that nobody else had the guts to do,” said Galt, a retired union pipe fitter, who approves of Trump's aggressive trade policies. The AJC's polling in early 2025, just…
Japan tackles challenges of seafloor rare earth mining, eyeing economic security
Japan's government is taking on the challenge of mining critical minerals, including rare earths, from the seabed around Minamitorishima, a remote Japanese island in the Pacific, with an eye to realizing domestic rare earth production in the…
Roadmap for a space-to-space economy
Launch is the foundation of the space industry, to the point that many conflate it with the space industry in entirety because it is literally the loudest, most spectacular element we see. But the quietly orbiting satellites overhead are what…
Gulf economies face long-term hit from Iran conflict
Sameer HashmiBusiness reporter, Dubai In the early 1990s, Qatar was grappling with a period of economic strain - high debt levels and weak state revenues were weighing heavily on its finances. To try to transform its fortunes the small Gulf state…
KOSPI rally masks widening market polarization, economic divide
Even as the KOSPI fuels one of the strongest bull runs in the market's history, experts warned Thursday that the surge in the benchmark index should not be interpreted as a sign that economic conditions are improving evenly across society. They…
Philippines Economy Grows at Slowest Pace Since 2021 -- Update
Gross domestic product rose 2.8% in the January-March period from a year earlier, the Philippine Statistics Authority said Thursday, marking the slowest pace of growth since the first quarter of 2021. The print comes as the war-driven surge in…
The AI job apocalypse is 'unhelpful marketing, bad economics and worse history,' a16z says
The doomsday forecasts have been building for years: AI will hollow out the white-collar workforce, destroy entry-level jobs, and create a permanent underclass of technologically displaced workers. Now, one of Silicon Valley's most influential…
Five architects of the AI economy explain where the wheels are coming off
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the…
Philippines says Mideast war sends economic growth to five-year low
The Middle East war and a major corruption scandal drove Philippine economic growth to a five-year low, officials said Thursday, adding future targets would be lowered. SCROLL TO CONTINUE WITH CONTENT Gross domestic product expanded 2.8 percent for…
Trump economic adviser: 'Credit card spending is through the roof'
One of President Trump's economic advisers projected a “very, very strong” job market future in the U.S. on Wednesday, despite price hikes amid the Iran war. “I had the head of one of the big five banks in my office yesterday…
Unemployment edges down to 4.8% despite economic uncertainty
The State's unemployment rate edged down to 4.8 per cent in April despite the economic uncertainty caused by conflict in the Middle East. This compares with a revised rate of 5 per cent in March. The latest Central Statistics Office (CSO) revisions…
WARP Speed Ahead: Space Economy Reaching Escape Velocity
The space economy is becoming a multi-layered commercial market. Falling launch costs are unlocking scale across satellites, data, and communications. Space is shifting from exploration to infrastructure supporting real-world applications.
Korea's employer federation discusses economic cooperation with China
The Korea Enterprises Federation (KEF), a business lobby representing employers, held the third Korea-China Employer Meeting in Shanghai on Thursday, discussing ways to strengthen bilateral economic cooperation with Chinese business leaders.
Workforce development agreement sets stage for economic growth; LCCC President Yudichak participates in signing ceremony
NANTICOKE — Pennsylvania's community colleges are building a first-in-the-nation skilled trade workforce educational ecosystem that will fuel economic growth across the state in industries such as energy, technology, and manufacturing…
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