Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
As Jobs Disappear, Could Economic Mobility Be For Sale?
As the U.S. labor market weakens, Black professionals and other workers facing barriers may need to look outside traditional employment for new pathways to economic mobility. At the same time, millions of Baby Boomer business owners are preparing…
Everyday Economics: The economy is stuck - and so is the Fed
(The Center Square) – The economy is not falling apart. But important parts of it are barely moving. The major exception is investment. Business spending on equipment and intellectual property remains strong, with the AI buildout clearly…
New poll shows Trump losing ground with Republicans over economy
President Donald Trump 's net approval rating among Republicans has fallen by 8 percentage points over the past month, according to a new Financial Times/ Focaldata poll, adding to signs that some GOP voters are growing frustrated with the economy…
Bruce Rockowitz on Why AI Is Reshaping Hong Kong's Food Economy
[The content of this article has been produced by our advertising partner.] Artificial intelligence is moving quickly from experiment to operating tool, and Bruce Rockowitz believes it is becoming an important competitive advantage for Hong Kong's…
From tourism to power generation and productivity, Europe feels economic cost of heatwaves
Across Europe this scorching summer, workers have struggled in the heat as wildfires raged and critical infrastructure was shut down. Here we look at the impact of the heatwaves on several major economies across mainland Europe – with the…
How US could squeeze Iran with economic isolation - and the risks involved
Treasury Secretary Scott Bessent says the US is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with scepticism given the country is already subject to a naval blockade and thousands of sanctions. While…
Moscow strikes Ukrainian steel plant as Kyiv targets Russian economy
Russia carried out a wave of air strikes on Ukraine overnight, killing two people at a steel plant, and Kyiv launched a heavy drone attack on the Moscow region that killed one person and set ablaze a warehouse used by Russia's leading…
Jim Jordan says costs 'are tough,' but economy is in a 'pretty good direction'
Rep. Jim Jordan (R-Ohio) on Sunday praised the direction of the economy, while acknowledging that costs “are tough” on American families. Jordan made the case for President Trump and Republicans on Fox News's “Sunday Morning…
CBS News poll on whether Democrats split over socialism, and how Americans see parties in today's economy
Most Americans believe a free market system is a good thing. Americans are net-negative on socialism. Capitalism is better-liked. But those ideas aside, right now they say it's harder now to do things like buy a house, raise a family, and to just…
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Five ways Trump could target Iran's economy from 'teapot' sanctions to land blockade
U.S. President Donald Trump pledged on Friday to inflict severe economic damage on Iran following Treasury Secretary Scott Bessent's announcement that Washington plans to levy unprecedented restrictions on Tehran as early as next week. Trade…
'Limited options' for many Iranians as war with US chokes economy
Tehran, Iran – A Tehran resident named Saeed says he is dismayed as he looks for better-paying employment than his current elementary school teaching job after months of war with the United States and its naval blockade of Iranian ports.
A serious mistake': Moody's Analytics economist says the Fed is putting the economy at risk with its silence
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Federal Reserve chair Kevin Warsh wants the central bank (1) to say less about where the economy is headed. But one prominent economist argues that…
'US Can't Bomb Its Way To Victory': Scotiabank Maps Bessent's Coming Economic Hammer On Iran
Brent crude futures ended last week near $88.50 a barrel as traders awaited details of Treasury Secretary Scott Bessent's planned escalation campaign of the economic war against Iran. Bessent said Friday that Washington would announce unprecedented…
Russian economy in meltdown as Ukraine deals Putin a major blow - 'massive headache'
Russian President Vladimir Putin Ukrainian strikes on facilities belonging to Russia's equivalent of Amazon have helped plunge the Kremlin's economy into meltdown, experts have warned. About 20 warehouses and buildings linked to Wildberries have…
ASX set to slide, Wall Street slips after weak update on the US economy
The US stock market edged back from its all-time high following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers. Such data could keep interest rates low, which is something…
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