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 market's tech boom points to a glaring division in the economy, a veteran strategist says
The AI boom has become a tale of old versus new, in both markets and the economy, and one Wall Street veteran says it has some dire implications for the future if not addressed. Jim Paulsen, the former chief strategist at the The Leuthold Group…
Shenzhen's economic dilemma: soaring GDP, stagnant consumption
China's top tech hub, Shenzhen, saw retail sales grow by just 0.5 per cent year on year in the first quarter after reporting gross domestic product growth of 5.8 per cent for the same period, casting a spotlight on its unbalanced development as…
The Economy Is About To Test The Stock Market
The S&P 500 has delivered sensational Q1 earnings, with growth rates jumping to 27.1% year-over-year, driven by AI and strong consumer resilience. Despite all-time highs, warning signs include rising inflation, surging oil prices, and deteriorating…
How the Iran War Threatens Global Economic Growth
With the Iran war now into its third month, the toll on the global economy is becoming more clear. We asked Ziad Daoud, chief emerging markets economist for Bloomberg Economics, to give us his assessment. Plus: Livestream shopping is inspiring…
Could Iran's escalating economic crisis weaken negotiating position with US?
Iran may not be choking like a stuffed pig as Donald Trump predicted, but its economy is in serious difficulty as a combination of a massive war-damages bill, inflation, currency devaluation, unemployment and a contraction in oil revenues combine…
Trump's former AI czar says the quiet part out loud on the economy: 'Stopping progress in AI would be equivalent to halting the US economy'
President Donald Trump has framed the current state of the U.S. economy as a “ golden age,” and in some ways he's right. The stock market is at record highs, and economic growth has chugged along adequately. And depending on who you…
Opinion | 'Made in Europe' law sets stage for an economic showdown with China
Amid the trade war with the United States, the last thing China needs is an economic confrontation with the European Union – Beijing's major export destination. But with the EU seemingly determined to protect its market by introducing…
Jim Cramer says to own these types of stocks that 'dominate the new economy'
CNBC's Jim Cramer said investors shouldn't flee during geopolitical-driven sell-offs, arguing the long-term opportunity remains in companies powering the 'computer-driven economy.' He highlighted AI, cloud, and data center stocks as the most…
Editorial | Cross-border scheme could boost Hong Kong's yacht economy dreams
The Hong Kong tourism industry has spent years looking for ways to chart a course back to a semblance of the smooth sailing it long enjoyed. Efforts to develop a high-spending yacht economy are one promising approach that could buoy the sector and…
The California tax proposal that has billionaires gaming for 'economic 9/11'
A proposed tax on California billionaires has dropped like a bomb on state politics, splitting the Democratic party and galvanizing the state's Big Tech executives in opposition. The initiative hasn't formally qualified for the ballot yet, but…
Tom Snyder: Governments must control AI from data to hardware to control their economic future
A few weeks ago, the United Kingdom announced a £500 million “sovereign AI fund.' On the surface, this looks like just another government attempt to keep pace with a fast-moving technology cycle. We've seen versions of this before in…
European markets almost flat as investors read economic signals (EUR:USD:)
European equities declined, led by automakers, as Trump's proposed tariffs on EU car and truck imports heightened market concerns. April PMIs across the eurozone indicate strengthening manufacturing expansion, with most key economies showing…
Global fragmentation is rewiring Asia's economic future
Asia became prosperous in an era of predictable globalization. Open markets, cheap energy, integrated supply chains and export-led manufacturing transformed once-poor economies into the world's most dynamic growth centers. But the very…
Watch Man Group CEO: Economic Pain in Europe Worse than US
Man Group CEO: Economic Pain in Europe Worse than US Man Group CEO Robyn Grew discusses the market impacts of the Iran War in both the US and Europe, and why we are beginning to see a shift toward diverse and resilient portfolios. She speaks with…
Viewpoint: Worcester's economy in the AI future
A benefit of my job is seeing the detailed leasing information for about 100 office buildings every year. Nowadays, “Will artificial intelligence impact these tenants?” is the first question I'm asking. Call centers, absolutely.
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