Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What an AI slowdown might mean for the economy
Recent fretting about the uncontrolled pace of AI development has investors and U.S. officials nervous that the industry could soon shift into a lower gear—and potentially slow the entire American economy along with it. In recent days…
Takaichi maintains economy team, signaling stability in turbulent times
Prime Minister Sanae Takaichi signaled stability during trying times by keeping most of her Cabinet intact and leaving top ministers with jobs related to the markets and the economy in their posts. In the reshuffle Thursday, Finance Minister…
Global Economic Outlook: September 2026
Higher energy prices have led to upward revisions in inflation forecasts for 2026–2027, increasing the likelihood of tighter financial conditions and further central bank tightening if shocks persist. The base case expects a 25-basis-point…
The Fed just threw a wrench in Trump's midterm economic message
With the midterms looming, President Donald Trump wants lower interest rates to ease the squeeze on American families. Instead, the Federal Reserve raised rates on Wednesday. The decision is aimed at combating stubborn inflation, but it will make…
IMF downgrades Australian economic forecast amid fears of interest rate hike
The International Monetary Fund has downgraded its forecast for Australia's economic growth in 2027, warning the Reserve Bank may have to hike interest rates further to get price pressures back under control. The IMF also called on federal and…
Lotus root industry boosts local economy in Honghu City, China's Hubei
Lotus seeds are pictured at a lotus root innovation base in Honghu City, central China's Hubei Province, Sept. 16, 2026. Honghu lotus root is a signature product of Hubei Province. In 2025, the lotus root cultivation area in Honghu City reached…
Switzerland raises economic growth forecast significantly
The federal government's expert group has revised its forecast for 2026 to predict growth in real gross domestic product (GDP, adjusted for sporting events) of 1.7%, up from the previous estimate of 0.9%, as announced by the State Secretariat for…
15 leaders on the economic indicators companies should watch
If you're only focused on a few economic metrics to run your business, you may miss what's right in front of you that can help you course correct and drive growth. Some useful economic indicators don't show up in financial news. Others get media…
Opinion | Why Russia's AI-powered economic future lies in its Far East
I attended this year's Eastern Economic Forum in Vladivostok and took part in a dialogue on technological development. There, I had a deep discussion with Maxim Oreshkin, Russia's deputy chief of the presidential executive office, who co-chairs the…
Australia's Housing Slump to Slow Economy, Assist RBA, HSBC Says
Australia's housing downturn is set to weigh on economic growth and help the Reserve Bank in its campaign to drag inflation back to its 2-3% target band, according to HSBC Holdings Plc. HSBC's Paul Bloxham pointed to a series of channels through…
Immigration cuts add to economic headwinds for Labor
The timing of Labor's belated and limited immigration overhaul is worrying, coming as the global economic challenges confronting Australia's economy intensify. On Thursday, Donald Trump's handpicked Federal Reserve Chair, Kevin Warsh, defied the…
Heavy rain and floods in northern Vietnam submerge homes and disrupt economy
Heavy rain caused flooding across parts of northern Vietnam on Thursday, disrupting travel, inundating homes and pushing several rivers above dangerous levels, authorities and state media said. Rain has fallen across northern and north-central…
Taxing unsold crypto isn't policy - it's economic sabotage
For the better part of a decade, Washington has tried to force 21st-century financial technology into a tax code built for another era. The results are predictable: confusion, unnecessary compliance costs, arbitrary tax treatment, and a bureaucracy…
Putin braces for election stress test as Russians 'feel the pain' of struggling economy
Russia's tightly controlled parliamentary election is expected to cement United Russia's dominance, but voter turnout and its margin of victory could offer clues to public discontent. Economist Sergei Guriev told CNBC that Russians are increasingly…
GST Council to Focus on Process Reforms, Digital Economy Taxation in October Meeting
Finance Minister Nirmala Sitharaman announced that the upcoming GST Council meeting will delve into crucial 'GST 2.0' process reforms, including e-invoicing and input tax credit, while also navigating the complexities of digital economy taxation…
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