Economy Industry News

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rappler.com - [In This Economy] In 2026, PH is ASEAN chair and economic laggard
[In This Economy] In 2026, PH is ASEAN chair and economic laggard
RAPPLER

The first-quarter GDP numbers are out. As expected, they are not good. Real GDP grew by just 2.8% year-on-year in the first quarter of 2026. That's the weakest non-pandemic print since the global financial crisis, and well below the 3.4% that…

japantimes.co.jp - Claire Jiao - Asia heat waves spell double trouble for economies hit by oil
Asia heat waves spell double trouble for economies hit by oil
The Japan Times

Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Nino brings soaring temperatures and dry weather to countries from India to New Zealand, driving up food costs. Inflation accelerated to multiyear highs across…

cnn.com - Julia Diorio - Economic model predicts World Cup champion | CNN Business
Economic model predicts World Cup champion | CNN Business
CNN

Joachim Klement explains why his economic model predicts that the Netherlands will win this year's World Cup.

wsj.com - Greg Ip - AI Is Distorting Practically Everything About the Economy
AI Is Distorting Practically Everything About the Economy
Wall Street Journal

Until recently, artificial intelligence was a welcome tailwind for U.S. growth. We're beyond that now. AI is more like a hurricane-strength weather system making itself felt across the entire economy. It is distorting the stock market, profits, the…

afaqs.com - Neha Jolly Sawhney - The new occasion economy brands shouldn't miss
The new occasion economy brands shouldn't miss
afaqs!

India's festive marketing calendar has always been crowded with traditional occasions, anchoring major brand activity through the year. But another topical day is taking shape more prominently. Mother's Day, once a largely emotional and personal…

businessinsider.com - Aditi Bharade - McDonald's CEO just shared some bad news about the K-shaped economy
McDonald's CEO just shared some bad news about the K-shaped economy
Business Insider

America is not getting relief from its K-shaped economy problem anytime soon, McDonald's CEO Chris Kempczinski said. In a Thursday earnings call, Kempczinski said that the macro environment and consumer sentiment are 'certainly not improving, and…

businessinsider.com - Jennifer Sor - Why a peace deal with Iran won't save the economy from energy-market chaos this summer
Why a peace deal with Iran won't save the economy from energy-market chaos this summer
Business Insider

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.com - Mirtha Donastorg, Amy Wenk - AJC Poll: Georgians concerned about inflation, economy as midterms loom
AJC Poll: Georgians concerned about inflation, economy as midterms loom
ajc

“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…

spacenews.com - Greg Vialle - Roadmap for a space-to-space economy
Roadmap for a space-to-space economy
SpaceNews

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…

fortune.com - Nick Lichtenberg - The AI job apocalypse is 'unhelpful marketing, bad economics and worse history,' a16z says
The AI job apocalypse is 'unhelpful marketing, bad economics and worse history,' a16z says
Fortune

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…

thestandard.com.hk - The Standard 英文虎報 - Philippines says Mideast war sends economic growth to five-year low
Philippines says Mideast war sends economic growth to five-year low
The Standard

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…

financemagnates.com - Tim Sykes and the Economics of Trading Education Platforms
Tim Sykes and the Economics of Trading Education Platforms
Finance Magnates

!'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} !'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} Trading is one of the few industries where…

nypost.com - Charles Gasparino - Forget the naysayers - earnings surge means a 'resilient' Trump economy
Forget the naysayers - earnings surge means a 'resilient' Trump economy
New York Post

Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American…

cnbc.com - Alexa LoMonaco - Jim Cramer says the AI boom has 'the power to keep the country's economy humming
Jim Cramer says the AI boom has 'the power to keep the country's economy humming
CNBC

CNBC's Jim Cramer said Thursday's market pullback was healthy after the “parabolic” run in many AI-related stocks. Despite growing concerns around slowing consumer spending, hiring, and geopolitical tensions, Cramer said the AI…

cnbc.com - Priyanka Salve - Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
CNBC

Global steel magnate Laxmi Mittal, along with Indian vaccine tycoon Adar Poonawalla, bought Indian cricket franchise Rajasthan Royals, valuing it at $1.65 billion. A consortium of U.S. investors led by Kal Somani and backed by Walmart's Rob Walton…

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