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 Enterprise AI Reckoning: The Next Phase Of The AI Economy
WASHINGTON, DC - APRIL 30: Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. The Hill and Valley…
How Physical AI Can Help Rebuild The World's Materials Economy
R. Paul Singh, CEO of EverestLabs.AI, a Physical AI company using vision and robotics. The next great frontier for artificial intelligence is not in data centers, but in our scrap yards, recycling plants and waste streams. In recent decades…
France, Germany put up united front against China's economic 'challenges'
Facing Europe's ever-widening trade deficit with Beijing, Berlin is increasingly singing the same tune as Paris. The two nations displayed a united front at this year's Franco-German Ministerial Council, which will soon be put on paper in a joint…
Economy amidst conflicts
Confronted by escalating tensions in the Middle East and repeated disruptions to shipping through the Strait of Hormuz, Pakistan has begun taking concrete steps to establish its first-ever Strategic Petroleum Reserves (SPR). The country currently…
SenseTime CEO bets on 'task economy' as token prices set to drop
The commercialisation of artificial intelligence is poised to transition from a “token economy” to a “task economy” as token prices decline in the coming years, according to Chinese AI company SenseTime. “The…
Florida and Texas cities still lead America's population, economic boom
Florida and Texas dominate a list of America's new “boomtowns” this year, showing that the two states are still appealing to newcomers despite the terrible reversal of fortune that has hit them when the so-called pandemic…
Taiwan reviews PNG LNG imports after forced closure of economic office
Taiwan is reviewing liquefied natural gas (LNG) imports from Papua New Guinea after the Pacific nation said it would close Taipei's unofficial representative office. PNG announced last week that it would immediately shut down the office, with…
Opinion: Manitoba's inspiration economy
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AI is reshaping the economy, but good luck measuring how
Pretty much everyone agrees that artificial intelligence has the potential to reshape the economy in the coming decades. But no one is sure what effect the technology is having right now. According to some measures, AI is contributing to high…
The US-Iran war of attrition is taking a growing toll on Iran's economy
Contrary to what the BBC or CNN would have us believe, the US is clearly winning the war of attrition against Iran. How much drivers in the US are paying at the pump is probably the most important test in measuring who is winning in the contest.
The Palestinian economy is struggling. In the West Bank, the problem is too much cash
Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the station's bank has stopped accepting notes and coins as deposits because it already is drowning in cash. In most…
New UK leader Burnham says he will never take risks with economy
LONDON, July 20 (Reuters) - Britain's new prime minister, Andy Burnham, said on Monday he would never take risks with the economy, re-committing to a pledge to stick to the previous government's fiscal rules. Burnham has promised…
US economy cannot grow without renewables
CHARLOTTESVILLE, VIRGINIA — After the 9/11 terrorist attacks, US President George W. Bush called on Americans to go shopping. While some people claimed at the time that Bush was encouraging irresponsible spending (a criticism that gained…
Sudan's War Economy Is Fueling a Crisis Beyond Its Borders
Geneva convenes an urgent session of the UN Human Rights Council on Friday, an emergency response to what officials describe as an imminent catastrophe in North Kordofan. Gold has long been one of Sudan's most valuable exports, accounting for a…
The Hamptons Season and the New Economics of Being in the Right Room
Every July, a familiar migration begins. Investors head to Sun Valley. Founders and executives fill the Hamptons. Private dinners replace Zoom calls. Packed conference schedules spill into beach walks, tennis matches and backyard conversations. At…
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