Economy Industry News
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Cheap Solar Is Transforming Lives and Economies Across Africa
Ismet Booley, a dentist in Cape Town, had a serious problem a few years ago. Patients showed up for appointments, only to find the power had gone out. No power meant no X-rays, no fillings, no root canals. “I just couldn't work,” Dr.
As a property slump drags on, China's economy looks more resilient than it feels
HONG KONG -- By some measures, China's economy is looking resilient, with strong exports and breakthroughs in artificial intelligence and other advanced technologies. But that's not how it feels for many ordinary Chinese, who have been enduring the…
Trump's tariffs and soaring wage costs ensure rocky year for UK economy
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Households and businesses have endured a bumpy ride over…
South Korea's Lee Jae-myung to visit China on economic and nuclear mission
South Korean President Lee Jae-myung will make a state visit to China next week as the two countries try to find a way through their intense economic rivalry to improve ties. The trip will make Lee the first sitting South Korean president to travel…
America Needs Economic Warriors
For the greater part of the last decade, the United States and China have been locked in a cold war, fought as fiercely over economic and technology advantages as over military advantages. In Washington, there has been bipartisan support to respond…
FaZe Clan's unraveling spotlights the creator economy's biggest risk
The creator economy gives, and it can also take — suddenly. That's one lesson behind the abrupt exodus of talent from the esports and marketing company FaZe Clan last week. Building a business led by an influencer or celebrity can make you a…
Trump's tariffs and soaring wage costs ensure rocky year for UK economy
Households and businesses have endured a bumpy ride over 2025 as the impact of tax hikes and US President Donald Trump's trade war weighed on the economy, but another slew of interest rate cuts helped cushion the blow. Chancellor Rachel Reeves…
What lies ahead for Switzerland: an economic outlook for 2026
The Swiss economy remained stable in 2025 with wage growth and domestic demand offsetting the negative impact of the tariffs imposed on Swiss exports to the United States. Domestic demand is expected to grow 1.4% in 2025 and the unemployment rate…
Economic Crosscurrents Heading Into 2026
Jobs data sent mixed signals into the holidays as hiring cooled and unemployment edged higher. But consumers are still spending, inflation is easing, and rate cuts remain in play for 2026. Jennifer Lee, Senior Economist at BMO Capital Markets joins…
China's lagging basic research calls for core tech pivot, economic adviser urges
China cannot merely chase the technological frontier – it must seize ownership of it, a prominent economist has warned, urging Beijing to accelerate basic research and master core technologies to gain leverage against Washington's targeted…
Why haven't Trump's tariffs crashed the US economy? | Jeffrey Frankel
When Donald Trump took office last January, most economists feared what would happen if he raised tariffs. The expectation was that, as the new duties drove up prices of consumer goods and inputs – affecting households and companies…
Has the Fed fixed the economy yet? And other burning economic questions for 2026
The U.S. economy heads into 2026 in an unusual place: Inflation is down from its peak in mid-2022, growth has held up better than many expected, and yet American households say that things still feel shaky. Uncertainty is the watchword, especially…
India Overtakes Japan To Become The Fourth Largest Economy
With GDP valued at USD 4. 18 trillion, India has surpassed Japan to become the world's fourth-largest economy and is poised to displace Germany from the third rank in the next 2.5 to 3 years with projected GDP of USD 7.3 trillion by 2030. The…
PENNSYLVANIA ROUNDUP: Shapiro says Pa. is only state in northeast with a growing economy
This month, Gov. Josh Shapiro and his administration announced several major economic development projects across Pennsylvania — securing hundreds of millions of dollars in private sector investments that will create thousands of good-paying…
Swiss economic sentiment continues to improve according to KOF barometer
Specifically, the economic barometer compiled by the KOF Swiss Economic Institute at the Federal Institute of Technology ETH Zurich climbed by 1.7 points to 103.4 points, as reported by the KOF on Tuesday. Sentiment had already improved in each of…
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