Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Economy's Warning Light Is Flashing Yellow
The job market is weakening, inflation is still too high, and we're at serious risk of a once-in-50-years oil shock. This is almost the exact set of conditions that triggered the stagflation of the 1970s, which at the time was America's worst…
US economy unexpectedly sheds 92,000 jobs in February
Natalie ShermanBusiness reporter The number of jobs in the US economy fell last month, an unexpected contraction that has renewed questions about whether the labour market in the US might be starting to crack. Payrolls in the US dropped by 92,000…
China's eastern, southern economic powerhouses vie for innovation leadership
China's most powerful economic regions – the Yangtze River Delta and the Greater Bay Area – are racing to meet President Xi Jinping's call for breakthroughs in core technologies including artificial intelligence, as Beijing maps out…
Unexpected job losses add pressure on Trump economic agenda
The U.S. lost a significant number of jobs last month, new data from the Department of Labor showed, defying analysts' expectations that some of January's strength would persist. According to the report released Friday morning by the Bureau of…
War in Middle East could 'bring down economies of the world
The conflict in the Middle East could see the price of a barrel of oil double dragging down global economies, Qatar 's energy minister has warned. Oil is currently trading at around $89 a barrel, after spending most of the year around the $60-$65…
Oil is plowing towards Wall Street's dire $100-per-barrel scenario for markets and the economy
The market has one thing on its mind this week: How much higher can oil prices climb? Crude prices have ripped higher all week as the war with Iran continued, sparking concern among investors that there could be serious consequences for the economy…
8 takeaways from the economic briefing at China's 'two sessions'
China's top economic officials held a press conference on the sidelines of the “two sessions” – the annual meetings of China's top legislature and advisory body – in Beijing on Friday. The briefing, which came a day…
Economy lost 92,000 jobs in February: The key facts and figures
Friday's report indicates that the labor market is slowing down, which would threaten the political prospects of the GOP, which has already been dragged down by President Donald Trump 's poor economic approval ratings. Up until February, there had…
Lloyd Blankfein on his memoir 'Streetwise' and broader economic concerns
The markets had their worst day today since the war in Iran began, and oil prices saw another big jump. I spoke about the broader concerns around these latest events yesterday with Lloyd Blankfein, the former CEO of Goldman Sachs. He's also the…
A Jobs Bloodbath Affirms Our Down View Of The Economy
Before establishing The Stuyvesant Square Consultancy, J.G. Collins spent some 30 years building a career in executive and consulting financial roles, with a particular emphasis in business taxation. His experience spans work for Fortune 100…
The true cost of daylight-saving time is a $672 million hit to the U.S. economy
With daylight-saving time set to begin this Sunday, Americans will once again be girding themselves for the “spring forward” ritual of setting their clocks an hour ahead and potentially losing some sleep. But if you think that feels…
China's Economic Blueprint Could Clear Way for Reform, But More Details Needed
Analysts say there is cause to view the policy roadmap optimistically as clearing the path for long-term reforms, but reservations will prevail until policymakers set out concrete details on how to revive consumer confidence. GROWTH: China's 2026…
The Economics of NASCAR Lawsuits: Why Teams Are Fighting Harder Than Ever
NASCAR's recent wave of litigation did not erupt because the garage suddenly got emotional. It escalated because the sport's underlying economics turned into a high-stakes squeeze: team costs remain huge, guaranteed revenue is limited, and the core…
Homeowners hit with higher mortgage rates as Trump's Iran war impacts UK economy
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Homeowners in London and beyond face higher…
The 'Greatest Economy Ever' Just Lost 92,000 Jobs-but at Least Gas Prices Are Going Through the Roof
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. For any president, it's not a great sign when you see job numbers going down and gas prices going up. That's particularly…
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