Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI's wobbly house of cards puts markets and U.S. economy at risk
The heads of America's leading AI development labs have started a national conversation about tapping the brakes on a technology that's offering so much promise for society, while at the same time showing it can do a frightening amount of harm.
Annamalai wonders why CM went to London, 'a dead economy', seeking industrial investment
Describing London as a “dead economy”, K Annamalai, founder of We the Leaders, on Sunday wondered why Chief Minister, C. Joseph Vijay had gone there seeking investment for industrial development in Tamil Nadu. Addressing a meeting…
UK urged to strengthen financial muscle of national wealth fund to aid economy
Unions, thinktanks, environmental groups and charities have come together to call on ministers to boost the financial firepower of the national wealth fund to empower it to invest more in Britain and rebalance the country's economy. Lower energy…
Soaring diesel prices pose latest economic headache for GOP
Rising diesel prices are proving to be a particular problem for Republicans as surging energy costs sour the economic mood just 45 days out from the midterms. The national average for diesel jumped 42 cents over the last week, largely as a result…
An economic departure from the GOP's recent free-market traditions
It took a populist billionaire to make Buchanan's argument the strongest single element of the GOP's voting base. Trump steamrolled the primary competition in 2016, beat Democratic nominee Hillary Clinton, and in his 2017 inaugural address, Trump…
Trump and sons invest heavily in AI economy as he resists calls for slowdown
President Donald Trump's sprawling family business empire has become increasingly intertwined with the boom in artificial intelligence, at the same time that he has resisted calls to slow the development of the technology, a Washington Post…
Circle CEO Jeremy Allaire on Arc, the Future of Quantum and the Agentic Economy
Circle is known to many as the issuer of the $74 billion digital currency USD Coin, or USDC. But co-founder and CEO Jeremy Allaire believes the company's latest launch may be the “most consequential major platform launch” in its…
Trump's economy still needs improvement
Real median household income rose from $85,210 in 2024 to $87,460 in 2025, a $2,250 gain after inflation. After accounting for taxes and transfers, the gain was even larger: median household income rose $2,300, or 3.1%, to $76,060. Black households…
Chalmers Warns of Economic Risks as Population Ages
Good morning from a balmy Canberra, where the annual Floriade flower festival is in full bloom. The focus today is on Treasurer Jim Chalmers, who will speak at the release of the Intergenerational Report, the government's 40-year forecast of where…
Bessent, Greer and He tackle the economy, AI safety before the Xi-Trump summit
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held their final preparatory talks with Chinese Vice Premier He Lifeng in New York on Sunday to work out deliverables for next week's summit between Chinese President Xi…
Everyday Economics: The Fed is betting the economy can absorb higher rates
(The Center Square) – The Federal Reserve raised interest rates last week for the first time since 2023, lifting its target range by a quarter point to 3.75%–4.00%. The vote was unanimous. Before the meeting, I had two questions. We…
Lib Dem Daisy Cooper vows to end 'computer says no' economy to boost growth
Liberal Democrat deputy leader Daisy Cooper has warned the UK's economic growth is being held back by a 'computer says no' approach. She unveiled a 30-page growth plan aimed at removing barriers to business as part of her speech to the Lib Dem…
It's Tough Being a Small Economy in an AI Boom
You have to feel sorry for the Philippines. An economy that was doing very nicely has once again become Southeast Asia's straggler, even though officials are doing many right things. Painful as it is, they should stick to their guns. Faced with a…
N. Korea urges timely rice harvest to meet economic targets
North Korea on Monday urged its people to complete the rice harvest at the right time as part of a broader push to meet targets under its five-year national economic plan. The Rodong Sinmun, the country's most widely read state newspaper, devoted…
Australia's Treasurer Warns of Economic Risks as Population Ages
Australia's Treasurer Jim Chalmers warned the economy faces “serious risks” as the population ages and grows more slowly, a demographic challenge that will also pressure government finances. The government expects the fertility rate…
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