Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Kevin Warsh may be the adult in the room. But can he calm the US economy?
In the end, Kevin Warsh's Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame…
The Marriage Deficit Is an Economic Catastrophe
The Beatles told us: 'All you need is love.' They were right, but along with love must come marriage. But marriage rates have plummeted, especially among young men. A Pulitzer Prize-worthy story by Sean Salai of The Washington Times crunches all…
Putin's war economy is under strain. One thing is keeping it afloat
Mounting defence expenditure is widening Russia's budget deficit and increasing strain across its wartime economy, as business and consumer sentiment weakens and economic growth slows. Economists note, however, that these difficulties do not point…
AI says these jobs are most at risk: What does this mean for Canada's economy?
Artificial intelligence continues to divide opinion when it comes to the future of work. While some experts predict large-scale disruption, others see the technology creating new industries and occupations. Amazon founder Jeff Bezos recently argued…
Editorial | Global monetary tightening tests China's 2-speed economy
The US Federal Reserve's decision to raise interest rates by 25 basis points marks a pivotal moment not just for American monetary policy, but for China's increasingly fractured economy. As borrowing costs rise globally in response to persistent…
Canada Takes Page from Emerging-Markets Playbook: New Economy
This article is for subscribers only. Hi, I'm Erik Schatzker, editorial director of Bloomberg New Economy, coming to you from Toronto. It was here in my hometown that I served as master of ceremonies and moderator at the inaugural Canada Investment…
China Vs. The World: Chinese Overcapacity Threatens The Global Economic Order
China's vast industrial overcapacity and weak domestic consumption threaten global economic balance and may trigger rising protectionism. Record-breaking Chinese exports face mounting global pushback, increasing risks for investors in China…
Steady Hands to Steer Indonesia's Economy After Latest Political Drama
Each week we bring you insights into one of Asia's most dynamic economies. If you haven't yet, please sign up here. This week, Ramsey Al-Rikabi details the drama around the appointment of Indonesia's new finance minister, Suahasil Nazara; Anand…
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness
The consumer sentiment index tracked by the University of Michigan hit record lows this year. Goldman Sachs is blaming weak consumer sentiment readings on broader feelings of unhappiness in society. The bank also drew a connection between lower…
AI could 'boost Staffordshire economy by £2bn in four years
Artificial intelligence has the potential to boost Staffordshire's economy by £2bn by 2030, county councillors have been told. The technology is increasingly being used by businesses and organisations to improve productivity and use data more…
Rob Breakenridge: The economics of Alberta separation would be disastrous for everyone
There's a level of irony in the deep admiration so many Alberta separatists harbour for our neighbour to the south. After all, there is no legal process for an American state to separate from the U.S. and, thus, such a movement could not exist…
Fixing our migration system requires economic realism, not political dog-whistling
Australia's economic success story, marked by the longest period of economic growth in the developed world, has been fuelled in no small part by migrants in our key industries, from offices and hospitals to farms and mines. But amid a rise of…
K-Shaped Economy: Reality Or Media-Driven Perception
“What the K-shaped economy gets right, what it exaggerates, and what believing the worst version is costing a generation.” The bottom half of American households owns about 2.5% of the nation's wealth. That number is real, and it…
Congress ratifies $1.9 billion IMF deal to ease deep economic crisis
Bolivian lawmakers approved a $1.9 billion (€1.65bn) loan agreement with the International Monetary Fund on Friday, delivering the conservative government a key victory in its efforts to ease the country's deep economic crisis as unions…
Google hires Nobel winner for AI and Economy research… - Inblix
Google is doubling down on the economics of artificial intelligence by recruiting heavyweights from academia and policy. The tech giant announced the expansion of its AI & Economy Research Program, bringing in 2025 Nobel Laureate in Economics…
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