Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Economy's Warning Light Is Flashing Yellow
The job market is weakening, inflation is still too high, and we're at serious risk of a once-in-50-years oil shock. This is almost the exact set of conditions that triggered the stagflation of the 1970s, which at the time was America's worst…
US economy unexpectedly sheds 92,000 jobs in February
Natalie ShermanBusiness reporter The number of jobs in the US economy fell last month, an unexpected contraction that has renewed questions about whether the labour market in the US might be starting to crack. Payrolls in the US dropped by 92,000…
China's eastern, southern economic powerhouses vie for innovation leadership
China's most powerful economic regions – the Yangtze River Delta and the Greater Bay Area – are racing to meet President Xi Jinping's call for breakthroughs in core technologies including artificial intelligence, as Beijing maps out…
Politico Calls Trump Economic Success Lucky 'Gambling' and 'Getting Away With It
President Donald Trump is just incredibly lucky. He kept rolling the dice on the economy and somehow the doom-sayers keep losing. All the experts said his tariffs would drastically increase inflation; instead it went down. Democrats projected at…
Unexpected job losses add pressure on Trump economic agenda
The U.S. lost a significant number of jobs last month, new data from the Department of Labor showed, defying analysts' expectations that some of January's strength would persist. According to the report released Friday morning by the Bureau of…
War in Middle East could 'bring down economies of the world
The conflict in the Middle East could see the price of a barrel of oil double dragging down global economies, Qatar 's energy minister has warned. Oil is currently trading at around $89 a barrel, after spending most of the year around the $60-$65…
Oil is plowing towards Wall Street's dire $100-per-barrel scenario for markets and the economy
The market has one thing on its mind this week: How much higher can oil prices climb? Crude prices have ripped higher all week as the war with Iran continued, sparking concern among investors that there could be serious consequences for the economy…
8 takeaways from the economic briefing at China's 'two sessions'
China's top economic officials held a press conference on the sidelines of the “two sessions” – the annual meetings of China's top legislature and advisory body – in Beijing on Friday. The briefing, which came a day…
Iran war is latest threat to a global economy rattled by Trump
As the United States and Israel's war on Iran unfolds over the coming days and weeks, the scale of the fallout for the global economy will be measured at the petrol pump. The biggest threat the conflict poses to global economic health lies in…
U.S. economy shows signs of strain as Iran war brings more uncertainty
Let's turn now to the economy and a disappointing new jobs report today showing employers cut 92,000 jobs in February. The report also included downward revisions for the previous two months and a slight rise in the unemployment rate from 4.3 to…
Economy lost 92,000 jobs in February: The key facts and figures
Friday's report indicates that the labor market is slowing down, which would threaten the political prospects of the GOP, which has already been dragged down by President Donald Trump 's poor economic approval ratings. Up until February, there had…
A Jobs Bloodbath Affirms Our Down View Of The Economy
Before establishing The Stuyvesant Square Consultancy, J.G. Collins spent some 30 years building a career in executive and consulting financial roles, with a particular emphasis in business taxation. His experience spans work for Fortune 100…
Lousy job growth and high gas: the economy is in crisis and puts Trump at risk
President Donald Trump woke up to a gut punch Friday morning when the Bureau of Labor Statistics announced that the U.S. economy actually lost 92,000 jobs in February. As if that weren't bad enough, as the day unfolded, the price of oil continued…
A bad news day for Trump's economy, briefly explained
Jobs numbers down, gas prices up. Andrew Caballero-Reynolds/AFP via Getty Images Cameron Peters is a staff editor at Vox. This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without…
The true cost of daylight-saving time is a $672 million hit to the U.S. economy
With daylight-saving time set to begin this Sunday, Americans will once again be girding themselves for the “spring forward” ritual of setting their clocks an hour ahead and potentially losing some sleep. But if you think that feels…
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