Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why The Hydrogen Economy Is Taking Longer Than Promised
Fountain Valley, CA - June 14: Hydrogen cars fueling up at TrueZero in Fountain Valley Wednesday, June 14, 2023. (Allen J. Schaben / Los Angeles Times via Getty Images) Los Angeles Times via Getty Images It feels like a mirage now. Germany's…
Can war-torn Myanmar finally realise its economic potential?
Rina left Myanmar shortly after the 2021 coup as military violence escalated against pro-democracy protesters like herself and the economy of her country, once a Southeast Asian frontier that had flickered with promise, ground to a virtual halt.
What The World Economic Forum Left Unanswered About AI And Purpose
What The World Economic Forum Left Unanswered About AI And Purpose For years, the conversation about artificial intelligence has centered on one question: what will happen to our jobs? Governments, business leaders, and economists have tried to…
Opinion | Why China's trade partners may question value of economic integration
For over two decades, governments across the developing world have viewed closer economic ties with China as an essential component of their economic development strategies. As the world's second-largest economy, China offers access to an enormous…
Germans emerge as Europe's biggest China hawks as economic pain begins to bite
Germans have emerged as some of Europe 's most hawkish voters on China, more likely to consider Beijing as a rival or an adversary than in any other major EU country, a new survey has shown. Published amid a bout of soul-searching in Berlin over…
Economy lost 23,000 jobs in July, falling short of expectations
Mark Hamrick, chief economic analyst for the Hamrick Brief, told the Washington Examiner that, broadly speaking, the report was disappointing. “You have the first negative print on payrolls since February,” he said. “Now we're…
US economy lost 23,000 jobs in July in surprise blow to Trump - business live
Newsflash: The US economy shed jobs last month. The US nonfarm payroll shows a fall of 23,000 jobs in July, startling economists who had expected a rise of around 80,000. Employment declined in local government education and retail trade, the US…
No jobs for the next generation: Young workers struggle in Trump's cooling economy
The U.S. job market presents a perplexing picture this year, appearing stable with consistent, if not spectacular, hiring following a sluggish 2025. Yet, beneath these headline figures, a complex, contradictory reality emerges. While some sectors…
U.S. economy unexpectedly lost 23,000 jobs in July
Dylan Hollingsworth | Bloomberg | Getty Images The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment…
Friday's Economic Calendar
The most closely watched of all economic indicators, the employment situation is a set of monthly labor market indicators based on two separate reports: the establishment survey, which tracks 650,000 worksites and offers the nonfarm payroll and…
FACT FOCUS: Trump boasts about the economy but there's more to the story
President Donald Trump has been extolling his economic accomplishments on social media and at events like a rally at a Las Vegas resort Wednesday. He touts recent record stock market highs and claims a boom in hiring, manufacturing and investment.
Time for won to catch up with Korea's economic role: Deutsche Bank
Korea accounts for roughly 2 percent of global gross domestic product (GDP), ranks among the world's largest exporters of advanced manufactured goods and is home to strategically important industries. Yet its currency plays a modest financial role…
South Africa's Clothing Industry Is Learning a Difficult Lesson About Labour and Economic Dependence
The Dube TradePort Special Economic Zone, north of Durban. The eThekwini Municipality has updated its Economic Development Incentive Policy (EDIP) to attract investment. The immediate challenge is straightforward. Factory owners report workforce…
K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle
The typical value of a starter home — defined as the lowest-priced third of properties — was $202,000 in May, according to Zillow. Despite 4.5% more inventory than a year earlier, sales are down 5.4%. In comparison, the median price…
The Economy's Dependence On Diesel
Middle East conflict and Strait of Hormuz disruptions have slashed global oil flows by 100 million barrels weekly, driving commodity price volatility. Strategic petroleum reserves are at multi-decade lows, with 600 million barrels drawn down and an…
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