Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China's 'K-shaped' economy is divided not just by sector, but geography
China's so-called K-shaped economy has attracted attention in recent months, as official data shows a disparity between the country's fast-growing hi-tech industries and stagnant consumer sector. But a similar pattern is also taking shape…
The AI Economy Is Separating Leaders From Spenders
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) is silhouetted as a pre-recorded interview with Elon Musk In July 2024, The Economist controversially asked, “what happed to the AI revolution?” The article explored the…
Can Your Social Network Shape Your Economic Future?
Posted July 27, 2026 | Reviewed by Devon Frye Income inequality is high in the U.S., and people tend to have friends with similar socioeconomic status. Social relationships are an important driver of educational and occupational success. A recent…
Mexico economy likely rebounded in second quarter
MEXICO CITY, July 27 (Reuters) - Mexico's economy is likely to have recovered in the second quarter, driven mainly by a rebound in industrial activity, according to a Reuters poll on Monday. The median forecast of 11 analysts found…
Nepal's New Leader Faces Restive Gen Z, Rising Economic Expectations
Balendra Shah and party chairman Rabi Lamichhane of the Rastriya Swatantra Party in Kirtipur, Kathmandu, Nepal. Narayan Maharjan/NurPhoto via Getty Images Nepal seldom features in the global economic discourse or even registers as an issue in…
WATCH LIVE: Trump expected to tout his economic policies and tariffs in Michigan
Republican Mike Rogers is unopposed in the Senate primary, but the GOP gubernatorial contest pits Trump-backed Rep. John James against Perry Johnson, a businessman turned politician who has launched unsuccessful campaigns before, including for…
The housing crisis Hawaii keeps fighting is actually an economic crisis
Across the United States, housing affordability has reached a tipping point. Home prices remain stubbornly high, with an increased median price of $440,600, and mortgage rates continue to test buyers. As a result, younger generations are delaying…
The war on data centers jeopardizes our economy and national security
Imagine if during World War II, protesters had gathered outside factories making tanks and planes, and tried to shut them down. Or that just before Pearl Harbor, when American industry was 'hyperscaling' its defense infrastructure in order to make…
The 'beyblade economy': Grassroots nostalgia revives Hong Kong's empty markets
In stark contrast to the high-stakes, investor-driven world of trading cards, another childhood favorite is making a major nostalgic comeback in Hong Kong, sparking an unexpected grassroots craze. SCROLL TO CONTINUE WITH CONTENT The classic 1990s…
Charting the Global Economy: Growth Picks Up, AI Boom Continues
Applications for US unemployment benefits fell last week to an almost 60-year low, adding to signs of a stable labor market that will allow the Federal Reserve to focus on inflation. Meanwhile, the European Central Bank rejected an immediate move…
Trump is set to defend his economic policies in Michigan, where new Canadian tariffs may sting
President Donald Trump tosses a 'Trump 2028' hat at the White House Correspondents' Association dinner at the Waldorf Astoria Washington DC, Friday, July 24, 2026, in Washington. (AP Photo/Rod Lamkey, Jr.) MILFORD, Mich. (AP) — President…
Trump to talk up economy in Michigan visit amid voter concerns ahead of congressional races
By Jarrett Renshaw and Kalea Hall July 27 (Reuters) - President Donald Trump will travel to a General Motors test site in Michigan on Monday to tout his trade and industrial policies, seeking to refocus attention on the economy even as an…
Bad numbers for Trump on economy, Iran, in latest CBS News poll
A new CBS News poll found that 65% of Americans disapprove of how President Trump is handling the economy, 71% disapprove of his handling of inflation and 63% think the war in Iran is going badly for the United States. Olivia Gazis reports.
The true meaning of flying economy
“ABC TV 24 News recently ran a story about Qantas adding an additional “20 litre” fuel tank to make the AU-Europe trip in one hop,” notes David Southwell of Pymble. “Not one, but two of the seemingly oblivious…
What Magic: The Gathering's record year reveals about America's stalled adulthood economy
Magic: The Gathering just posted the best year in its three-decade history, generating $1.72 billion in 2025 revenue — a 59% jump that made the card game Hasbro's single most important profit engine. Even more strikingly, as noted over the…
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