Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
FedEx is the heartbeat of the industrial economy,' CEO says after earnings beat
FedEx CEO Raj Subramaniam reviewed his company's quarter in an interview with CNBC's Jim Cramer. He cited strength in business-to-business transactions, calling FedEx 'the heartbeat of the industrial economy.' FedEx beat on the top and bottom lines…
'A Singularly Turbulent Time': Deeper Uncertainty in Store for Global Economy
Despite being swatted about like a tetherball by ever-shifting trade wars, shortages of critical minerals and tense standoffs between the United States and China, the global economy has turned out to be more resilient than predicted. But don't…
Chicago Fed president on the economy's mixed signals
Inflation is showing fresh signs of cooling, ticking up 2.7 percent year over year, nearly half-a-point lower than many economists had expected. The new data follows the release this week of a long-delayed jobs report that showed weak growth and…
Health care is the 'engine' of the job market - and that's risky for the economy
The health-care sector has powered job growth in the U.S. economy in 2025. That's largely because baby boomers are hurtling into their retirement years, boosting health-care demand since older adults generally need more medical services. That…
GOP senators balk at Trump's plan to relax marijuana rules, warn it will hurt economy
Nearly half the Senate Republican conference has sent a sternly-worded letter to President Trump warning that his executive order to downgrade marijuana — or cannabis — from a Schedule I to a Schedule III drug akin to ketamine poses…
Cuba Devalues Currency to Grapple With Deepening Economic Crisis
Cuba devalued the peso on Thursday as the Caribbean nation tries to stabilize an economy upended by US sanctions, a crackdown on regional allies and the collapse of key sources of revenue. The Central Bank of Cuba rolled out a third official…
Bidenomics-Lovin' Paul Krugman Sneers: Trump's 'A+++++ Economy, My A++
In his latest hate-Trump rambling December 17 Substack column, former New York Times columnist Krugman sneered, “An A+++++ Economy, My A++,” mocking the president's assessment of the current state of the economy. It's worth a reminder…
Majority plan to spend less on holiday gifts this year because of economic concerns
The majority of Americans are apparently not feeling the festive spirit and plan to spend less on holiday gifts this year, according to a new poll. As the nation grapples with anxiety over the state of the economy, the poll by NBC News found that…
Will 'Santa rate cut' have enough festive spirit to boost the economy? - BBC News
The future of the economy can sometimes be seen in minor gestures of a Bank of England governor, such as the arch of his eyebrows. So what to make of Andrew Bailey sporting a rather exuberant festive tie full of Christmas trees at the moment he…
Trump speech sparks optimism as 'gangbuster' economy forecasted for 2026
A handful of lawmakers, commentators and financial experts expressed renewed optimism about the U.S. economy heading into 2026, offering praise for President Donald Trump 's address to the nation on Wednesday. 'I would be shocked if we did not have…
Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy
The Bank of England has cut interest rates by a quarter point, delivering a pre-Christmas boost to the struggling UK economy, but a split vote among its rate-setters pointed to continued concerns about inflation. The Bank's nine-member monetary…
EU facing crunch talks over Ukraine, China and its economic future
Late last year, as European Commission President Ursula von der Leyen began her second term in office, a giant purple banner was draped over the side of the EU executive arm's headquarters, declaring: “United for our Future…
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Trump gives a partisan prime-time address insisting the economy is stronger than many voters feel
WASHINGTON (AP) — President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while announcing he is sending a $1,776…
Economic divergence is expected to continue into 2026, here are JPM's top consumer ideas
J.P. Morgan's U.S. equity analysts have identified their most compelling investment ideas for 2026 within the consumer sector, noting that the “K-shaped” economy has accelerated as inflation pressures wallets while higher-income…
Moore: Poor math, reading scores an economic crisis
(Photo Metro Creative Services) Reading and math scores are abysmal across the country, as national testing results keep documenting. Illiteracy rates are rising: The number of 16- to 24-year-olds reading at the lowest literacy levels increased…
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