Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hong Kong must remove bottlenecks to grow yacht economy, industry leaders say
Hong Kong should urgently address its bottlenecks in developing a yacht economy by improving immigration procedures, upgrading mooring facilities and curating niche tourism itineraries following Beijing's policy relaxation on yachts from the city…
Inflation is spreading through the U.S. economy beyond the pump
Americans don't need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28 underscores why…
A broken economy and an emboldened regime: Iranians abandoned to endure fallout from war
As Donald Trump swung this week between threats of new military action against Iran and predictions that a lasting ceasefire deal was imminent, many Iranians were left exhausted and gripped by uncertainty. Despite the partial lifting of an internet…
Why Putin's Macro Discipline Is Squeezing Russia's Main Economic Engine
This article is for subscribers only. This week's newsletter is written by Senior Editor Chris Anstey, who has spent two decades covering global economics, government and markets for Bloomberg News. Your is welcome, and if you aren't yet signed up…
As 1 Million New Car Buyers Vanish From U.S. Economy, a New Car Increasingly Becomes a Distant Dream
There's not just a downtick in new car ownership lately. Trends suggest that buying a new car is increasingly a baller move, rather than something normal Americans can do. Projections from Ford, GM, Toyota, as well as other automakers all agree on…
5 economic signals suggest U.S. consumers are feeling the strain
For years, American consumers have defied predictions and kept the economy moving forward with their spending even amid a raft of financial pressures. Yet signs of financial strain are emerging as households grapple with the highest inflation rate…
Higher fuel costs raise red flags across Maine's economy
Gas prices remain high, retail sales in Maine are flagging and the economic uncertainty of the last year and a half shows no sign of letting up soon. Inflation grew at its fastest pace in three years in April, up 3.8% from March based on the latest…
High gas prices are just the start - inflation is seeping into the rest of the economy
Americans don't need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores…
Jamieson Greer's Ignorance of Economics and History Is Alarming
Here's a letter to F&D Magazine, a publication of the IMF. U.S. Trade Representative Jamieson Greer wrote more than 2,100 words about trade yet managed to get correct approximately nothing (“ Economics for the Real Economy,” June…
Watch Wall Street Week | Britain's Debt Problem, Poland's Economic Boom
Wall Street Week | Britain's Debt Problem, Poland's Economic Boom This week, the UK's debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as…
Secretary of Treasury Scott Bessent Delivers Economic and National Security Remarks to Reagan Economic Forum
Speaking to an audience at the Ronald Reagan National Economic Forum in California, Treasury Secretary Scott Bessent outlines how flawed trade, financial and economic policies of the past have brought us to a critical moment where President Donald…
The AI economy could crash on mounting chip costs - and those token costs won't help
Hardly a week passes without news of another hyperscaler spending billions of dollars on AI chips. A single moderate-to-large data center today uses AI chips costing billions of dollars. A single Nvidia Blackwell GPU in a modern AI chip cluster…
Centre notifies two Special Economic Zones for Puducherry
In a major step towards accelerating economic activity in the Union Territory, the Ministry of Commerce and Industry has notified the establishment of two Special Economic Zones in Puducherry region. The Board of Approval for SEZs under the…
Winners and losers': What the World Cup could mean for the US economy
The World Cup, which kicks off next month, could deliver a win for the United States economy no matter how the nation's soccer team fares. The event is expected by FIFA to carry billions in added spending to the U.S. on a wave of visitors eager for…
Russian spies are more aggressively trying to steal Western technology as sanctions add to mounting problems for Putin's wartime economy
Russia's intelligence agencies have grown more aggressive in their efforts to steal Western technology and defense secrets as sanctions squeeze the country's wartime economy, three senior European intelligence officials told The Associated Press.
Receive a Daily briefing on Economy Industry News
Get Started