Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
As Jobs Disappear, Could Economic Mobility Be For Sale?
As the U.S. labor market weakens, Black professionals and other workers facing barriers may need to look outside traditional employment for new pathways to economic mobility. At the same time, millions of Baby Boomer business owners are preparing…
From tourism to power generation and productivity, Europe feels economic cost of heatwaves
Across Europe this scorching summer, workers have struggled in the heat as wildfires raged and critical infrastructure was shut down. Here we look at the impact of the heatwaves on several major economies across mainland Europe – with the…
How US could squeeze Iran with economic isolation - and the risks involved
Treasury Secretary Scott Bessent says the US is getting ready to squeeze Iran with unprecedented economic pressure, a claim critics greeted with scepticism given the country is already subject to a naval blockade and thousands of sanctions. While…
Moscow strikes Ukrainian steel plant as Kyiv targets Russian economy
Russia carried out a wave of air strikes on Ukraine overnight, killing two people at a steel plant, and Kyiv launched a heavy drone attack on the Moscow region that killed one person and set ablaze a warehouse used by Russia's leading…
CBS News poll on whether Democrats split over socialism, and how Americans see parties in today's economy
Most Americans believe a free market system is a good thing. Americans are net-negative on socialism. Capitalism is better-liked. But those ideas aside, right now they say it's harder now to do things like buy a house, raise a family, and to just…
AI 'Chipflation' Washes Ashore in the UK Economy
UK consumer prices will grab headlines in the coming week, with an AI-driven memory-chip shortage and higher energy costs keeping the Bank of England on guard. Data on Wednesday are set to show inflation accelerating for the first time in four…
'Limited options' for many Iranians as war with US chokes economy
Tehran, Iran – A Tehran resident named Saeed says he is dismayed as he looks for better-paying employment than his current elementary school teaching job after months of war with the United States and its naval blockade of Iranian ports.
The Legal Paths to Hoarding Political and Economic Power
It's a moment for both hope and hesitation: recent victories in Michigan, Colorado, Minnesota, and New York suggest gathering political momentum on the left. Yet a defeat in Wisconsin and a judge's temporary stay of New York City's…
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the 'worst thing that could happen' is trying to evade it
President Donald Trump is doubling down on wielding economic pressure to squeeze Iran as his military options dwindle, and Tehran's business community warned the naval blockade will cause far-reaching harm. In an interview with Iran's Khabar Online…
The airline with the 'best economy seats' has been named - top 10 list
The airline with the ‘best economy seats' has been named - top 10 list Economy class usually means your knees are pressed against the seat in front of you as your neighbour silently fights for the armrest. But some airlines have been…
The end of an era for China's economy
Zhu Rongji has passed away at the age of 97. He was not the only architect of the economic reforms that have made China a modern powerhouse — Deng Xiaoping, Zhou Enlai, Chen Yun, and others were all important — but Zhu was perhaps the…
Russia economy meltdown as locals switch from chocolate to cookies amid rising food prices
Russian households are feeling the effects of inflation and slower growth in daily shopping habits This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more Russians are swapping chocolate for…
Trust what you see in China with your own eyes, not rumors: US political economic analyst
The view of Beijing's Central Business District Photo: VCG For years, the US has viewed China as a rival in Africa and sought to cast a shadow over China-Africa cooperation with misleading narratives such as the 'China shock.' Against this…
Trump's 'golden age' economy pitch fizzles with US voters
WASHINGTON — For most of his second term, President Donald Trump has been arguing that the “golden age” he promised for America's economy is already here. There's hardly been much evidence that voters agreed. Now, with midterm…
Israel's economy grew at 15.4% in Q2
Israel's gross domestic product (GDP) growth was 15.4% in the second quarter of 2026, on an annualized basis, recovering strongly from the first quarter, which was marred by the war with Iran. In quarterly terms, GDP growth in the second quarter…
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