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Economic growth forecast for island of Ireland despite fuel supply turbulence
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Economic growth is expected to continue across the island…
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…
Economic growth forecast for island of Ireland despite fuel supply turbulence
Economic growth is expected to continue across the island of Ireland this year but at a slower pace because of a fuel crisis triggered by the war in Iran. The EY Economic Eye forecast, published on Tuesday, analysed the economies in Ireland and…
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…
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…
Trump's Iran war may be the tripwire for China's economic collapse
A robot that can win a half-marathon. A pilotless plane. A soap opera made by artificial intelligence. An electric supercar with a top speed of 308mph (496km/h). Whenever a new bit of Chinese-made tech goes viral online, it seems to be something…
Universal Store bucks economic trend, lifts outlook
Universal Store Holdings said it has yet to feel the impact of a challenging economic climate and expressed optimism about the future of its fiscal performance. The group comprising Universal Store, Perfect Stranger, and Cheap Thrills recorded a 14…
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…
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…
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…
Trump downplays economic risks of 'mini war' with Iran
President Trump touted his economic agenda and small businesses Monday afternoon at the White House, while noting “a little detour” with Iran that's “working out very nicely” amid the ongoing U.S. operations against the…
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