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 War in Iran Will Impact the Global Economy for Years to Come
This week, the Organization for Economic Cooperation and Development estimated that, even if the United States and Iran soon reach a permanent ceasefire agreement, worldwide economic growth will continue to suffer at least into 2027, and perhaps…
The Knicks Economy and the Actual Economy
This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in…
Trump signals US economy booming despite affordability concerns: 'IT'S RAINING JOBS'
President Trump highlighted the stronger-than-expected jobs report as a sign the U.S. economy is booming, declaring that it's “raining jobs.” The U.S. economy added 172,000 jobs in May, handily beating economists' expectations. The…
The Economy Is Still Adding Jobs-So Why Does Finding One Feel So Hard?
Companies look to hire new employees at job fair in southern Florida. On paper, the May jobs report delivered another encouraging headline: The U.S. economy added 172,000 jobs, marking the third consecutive month of job gains this year.
Why hiring surged in May despite economic strain from the Iran war
There was surprising strength in the latest jobs report. Employers added 172,000 jobs last month, the third straight month of gains, 93,000 more jobs were added in March and April than previously estimated, and the unemployment rate stayed at 4.3…
America In Focus: US job market is rebounding, but economic frustration persists
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the…
Charting the Global Economy: Jobs, Inflation Feed Rate-Hike Bets
A blowout US jobs report prompted bets that the Federal Reserve will raise interest rates in 2026 as the ongoing Iran war fans inflation risk. Hiring may have received a boost from the upcoming World Cup, but the breadth of job gains across…
Kufos proposes Kerala Blue Economy Council
The Kerala University of Fisheries and Ocean Studies (Kufos) has proposed the establishment of a Kerala Blue Economy Council, chaired by the Chief Minister with the Minister for Fisheries as convener, to provide integrated governance and strategic…
The U.S. Economy Is Proving Remarkably Resilient
One thing you can say about the U.S. economy is that it is remarkably resilient, even if there are some storm clouds on the horizon. The latest U.S. jobs report blew past expectations and showed a gain of 172,00 jobs in May, even though the…
Sunwing Vacations Stops Cuba Flights as Economic Strains Mount on Island
Sunwing Vacations Group is pulling out of Cuba as the WestJet-owned tour operator cites deteriorating operating environment on the island. The vacation division of WestJet said Friday that it would suspend indefinitely all Cuba operations following…
BOPP is about protecting an economic asset
740db492-10fd-4740-9974-77123437f80f Endangered: Bermuda's reefs from the air (File photograph) As a charter boat operator, the health of Bermuda's ocean isn't an abstract environmental issue to me — — it's my business. I've built my…
DUH! NY Times RIPS Mamdani for Not Making 'Economic Development' a Top Priority
Apparently, even the most rabid left-wing politicians can draw reality checks from The New York Times when their radical agendas end up leaving their economies in the lurch. Times reporters Dana Rubinstein, Sally Goldenberg, Jeffery C. Mays, and…
Trump's economic chief says inflation is falling. Data says otherwise
American households are once again feeling the squeeze as inflation, after a period of gradual cooling, is on the ascent, making essential goods like gas and groceries increasingly unaffordable. In April, inflation reached 3.8 percent from a year…
PM Modi Holds Meeting With Economic Advisory Council to Boost India's Growth Amid Global Turmoil
Prime Minister Narendra Modi on Saturday held a meeting with the members of the PM-Economic Advisory Council. PM Modi and the members of the Economic Advisory Council discussed various ideas and measures to further boost India's economic growth in…
CGT a 'wrecking ball' for our economy, NZ PM tells Albanese
New Zealand's Prime Minister, Christopher Luxon, has described the prospect of introducing a capital gains tax as a “wrecking ball” for his country's economy, firmly ruling out the move as a light-hearted trans-Tasman exchange…
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