Economy Industry News

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digitaljournal.com - AFP - UK and markets await Burnham's economic plans
UK and markets await Burnham's economic plans
Digital Journal

Andy Burnham, expected to become Britain's next prime minister after Keir Starmer resigned, has set out to reassure investors concerned that state spending and debt could rise under his leadership. Burnham would like to see a partial…

japantimes.co.jp - Brad Glosserman - China shock 2.0 is a real economic earthquake
China shock 2.0 is a real economic earthquake
The Japan Times

Ten years ago, economists Gordon Hanson, David Autor and David Dorn identified what they called “the China shock.” That referred to the supercharged economic growth in China triggered by its entry into the World Trade Organization in…

independent.co.uk - Henry Saker-Clark - UK economy faces contraction as private sector activity hits 14-month low
UK economy faces contraction as private sector activity hits 14-month low
The Independent

Britain's private sector activity has plummeted to its weakest level in 14 months, driven by 'sustained weakness' within the crucial services industry, according to new figures. This downturn comes as businesses continue to raise prices, reacting…

forbes.com - Hersh Shefrin - Alan Greenspan Learned Behavioral Economics At The School Of Hard Knocks
Alan Greenspan Learned Behavioral Economics At The School Of Hard Knocks
Forbes

WASHINGTON - DECEMBER 17: Former Federal Reserve Chairman Alan Greenspan testifies during a Senate Homeland Security and Governmental Affairs Committee hearing on Capitol Hill on December 17, 2009 in Washington, DC. The committee is hearing…

theguardian.com - Phillip Inman - Keir Starmer's economic legacy - in charts
Keir Starmer's economic legacy - in charts
The Guardian

Keir Starmer used his leaving speech to lay out a long list of Labour's achievements in office – but his economic legacy appears mixed, with sluggish UK growth and higher employment costs. The prime minister said his government had turned…

independent.co.uk - Marc Shoffman - What Brexit did to the economy, inflation and housing market ten years on
What Brexit did to the economy, inflation and housing market ten years on
The Independent

It is a decade since the Brexit vote and the ramifications are still being felt. The EU referendum took place on 23 June 2016 when the UK voted to leave the political bloc, ending the country's membership of the customers union and the single…

mirror.co.uk - Graham Hiscott - Andy Burnham's stark reminder about state of the economy ahead of PM bid
Andy Burnham's stark reminder about state of the economy ahead of PM bid
Daily Mirror

The UK economy has flat-lined this month as firms face a “litany” of cost increases due to the Middle East war, a report found. A survey by data provider S&P Global found businesses as a whole saw their output fall for the second…

washingtonexaminer.com - Zach Halaschak - Sanders AI plan would create panel with vast influence over economy
Sanders AI plan would create panel with vast influence over economy
Washington Examiner

The bill, if signed into law, would impose a one-time 50% tax on the stock of the biggest AI companies. That stock would then be put into a sovereign wealth fund that would pay direct dividends to the public. Overseeing the fund would be a…

thehill.com - Andrew Dorn - K-shaped economy is still 'firmly intact,' Moody's economist says
K-shaped economy is still 'firmly intact,' Moody's economist says
The Hill

(NewsNation) — High earners continue to drive spending as the K-shaped economy remains “firmly intact,” according to Moody's Analytics chief economist Mark Zandi. Americans in the top 20 percent by income — those earning…

pbs.org - Paul Solman - Remembering the legacy of Alan Greenspan, 'maestro' of the U.S. economy
Remembering the legacy of Alan Greenspan, 'maestro' of the U.S. economy
PBS

Today, the former Chairman of the Federal Reserve Alan Greenspan died from complications of Parkinson's at the age of 100. Greenspan was widely considered the most powerful chair in modern times, serving for nearly two decades and largely presiding…

standard.co.uk - Nina Lloyd - Burnham to give speech on economy after Starmer resignation clears way to No 10
Burnham to give speech on economy after Starmer resignation clears way to No 10
Evening Standard

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Andy Burnham is set to pledge growth and…

thestandard.com.hk - The Standard 英文虎報 - Can Pakistan's peacekeeping role in Iran war give it an economic dividend?
Can Pakistan's peacekeeping role in Iran war give it an economic dividend?
The Standard

Pakistan's role in brokering a peace deal in the Iran war has led to widespread diplomatic acclaim that could bring Islamabad some economic benefits, but analysts question whether such gains can help resolve the fault lines in its economy. SCROLL…

scmp.com - Winston Mok - Opinion | China's evolving political economy, as seen through gaokao scramble
Opinion | China's evolving political economy, as seen through gaokao scramble
South China Morning Post

This week, the results of China's National Higher Education Entrance Examination, or gaokao, will be released. Within days, candidates will submit their prioritised preferences for universities and majors. Families will have to make the most…

digitaljournal.com - Jon Stojan - AI Acquisition building infra for AI agent economy
AI Acquisition building infra for AI agent economy
Digital Journal

Opinions expressed by Digital Journal contributors are their own. Businesses are increasingly handing repeatable commercial work to AI agents that act on their behalf, qualifying leads, running outreach, managing follow-up, and coordinating the…

mirror.co.uk - Paige Ingram, Nina Lloyd Press Association Political Correspondent - Andy Burnham plans economy speech after Keir Starmer resignation
Andy Burnham plans economy speech after Keir Starmer resignation
Daily Mirror

Andy Burnham is poised to pledge economic growth and commit to Labour's budget rules as he looks to strengthen his financial credentials following Sir Keir Starmer's resignation, which has left him almost certain to walk through the door of No 10.

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