Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Inside MLB's Battle Over Economics And Competitive Balance With The Players
Rob Manfred and the owners are pushing for a salary cap in Major League Baseball for the first time since 1994. (Photo by Mike Carlson/MLB Photos via Getty Images) Major League Baseball is pushing for a salary cap for the first time since the…
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…
Scottish aerospace and defence sectors contribute £2.3bn a year to economy
This is a 13% year-on-year increase and a 73% rise over the last five years. Turnover in the sector reached £2.6 billion, up 29% on the previous year and up 131% since 2020. The industry now employs around 7,000 people in Scotland, up 12% on…
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…
China Vows to Achieve Annual Growth Target After Economy Weakens
China's cabinet pledged to ensure the country will meet its full-year economic goal and to forge ahead with implementing policies, after growth slipped below the official target range in the second quarter. A State Council executive meeting chaired…
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…
How manufacturers are responding in a high-cost economy
“For the past five decades we've been able to throw labour at accelerating outcomes,” he says. “That labour is not available anymore. “Our remit is how do we, over the next five years, build and manufacture fundamentally…
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…
US Ebola Travel Ban Hits Congo Economic Pact, Africa Nation Says
US Ebola travel restrictions that require anyone who's been in the Democratic Republic of Congo to wait three weeks to come to the US are hindering an economic pact between the two countries, Congo's foreign minister said. Last week the US added…
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.
New Zealand Central Bank Governor Has Time to Balance a Tricky Economy
Anna Breman, the governor of the Reserve Bank of New Zealand, has been keen to impress on financial markets and central bank observers that she is a policy hawk and won't tolerate inflation above target for too long. It is reasonable to assume…
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