Economy Industry News

A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

nytimes.com - Ava Wallace - How the Charleston Open shed light on tennis' prize-money economics
How the Charleston Open shed light on tennis' prize-money economics
The New York Times

DANIEL ISLAND, S.C. — When Jessica Pegula lifted the trophy at the Charleston Open on Sunday, she became a part of tennis history. Her $2.3-million winner's check marked the first time a standalone WTA 500 tournament, the level two rungs…

thehill.com - Sarah Fortinsky - Dimon warns Iran war could sink economy into a recession
Dimon warns Iran war could sink economy into a recession
The Hill

JPMorgan Chase CEO Jamie Dimon is warning that the Iran war could lead to prolonged inflation and higher interest rates that ultimately could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026…

theguardian.com - Simon Goodley - Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump
Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump
The Guardian

The head of America's largest bank has pressed the White House to strengthen America's allies economically in order to “avoid truly adverse consequences”, in the latest instalment of an increasingly testy relationship with the Trump…

ajc.com - Greg Bluestein, Tia Mitchell, Patricia  Murphy, Adam Beam - Democrats push economic message ahead of 14th District runoff
Democrats push economic message ahead of 14th District runoff
ajc

“CBP and ICE would have to be funded first before the others are funded to ensure that they don't get hung out to dry,” Clyde, R-Athens, told us last week. “We're not ever going to hang our law enforcement out to dry.”…

scmp.com - Ralph Jennings - Exclusive | Andrew Tilton on China's economic trajectory in wake of Iran war
Exclusive | Andrew Tilton on China's economic trajectory in wake of Iran war
South China Morning Post

Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, speaks to the South China Morning Post about the long-term future of China's economy after the “two sessions” in Beijing and ahead of an expected Xi-Trump summit –…

bloomberg.com - Phil Serafino - Oil Shock Is Adding Stress to the Global Economy
Oil Shock Is Adding Stress to the Global Economy
Bloomberg

This article is for subscribers only. Oil markets have been pitched into turmoil by the war in Iran, and the effects will likely be long lasting and far reaching. After a meeting on Sunday, OPEC+ warned that the damage to Middle East energy assets…

seekingalpha.com - Aswath Damodaran - Oil, War And The Global Economy: The Market's Narrative In March 2026
Oil, War And The Global Economy: The Market's Narrative In March 2026
Seeking Alpha

Aswath Damodaran 15.07K Followers As with almost every event in the Middle East, the effects of the Iran War played out first in oil prices, and oil has been the lead player in March, surging and volatile, but with disparate impacts even within…

aljazeera.com - Mohammad Mansour - Jobless young Palestinians trapped as Israel holds Gaza's economy hostage
Jobless young Palestinians trapped as Israel holds Gaza's economy hostage
Al Jazeera

Mahmoud Shamiya walks to the shores of the Mediterranean Sea every day just to pass the time. He is among Gaza's tens of thousands of young people who have no work as the economy collapsed during Israel's devastating war. Shamiya graduated from…

koreaherald.com - Yonhap - AMRO maintains 2026 economic growth forecast for S. Korea at 1.9%
AMRO maintains 2026 economic growth forecast for S. Korea at 1.9%
The Korea Herald

An Asia-based economic surveillance organization said Monday that South Korea's economy is expected to expand 1.9 percent this year, supported by solid semiconductor demand and government stimulus spending. The latest projection from the ASEAN+3…

realclearmarkets.com - Richard Roberts - It's a Jackson Browne Economy: Running On Empty
It's a Jackson Browne Economy: Running On Empty
RealClearMarkets

“Running on Empty,” Jackson Browne's 1977 hit, was about a feeling everyone knows: running on fumes. That feeling describes today's economy. Fiscal relief, excess savings, an AI‑driven investment boom, and a Federal Reserve…

axios.com - Ben Geman - The massive economic impact of the global energy crisis
The massive economic impact of the global energy crisis
Axios

Even if the Iran war ended now and the Strait of Hormuz reopened, the crisis has lasted long enough to bring a meaningful and damaging toll worldwide. Why it matters: ' What began as a disruption in a key energy corridor is now feeding through the…

rediff.com - Nandita Malik - Indian IT Companies Eye Cloud, AI Acquisitions for Revenue Growth Amid Weak Economy
Indian IT Companies Eye Cloud, AI Acquisitions for Revenue Growth Amid Weak Economy
Rediff.com

Indian Information Technology (IT) services companies are poised to significantly increase their acquisition spending to an estimated $6.5-7 billion this year, strategically targeting Cloud, data, enterprise platforms, and AI to drive revenue…

france24.com - Middle East war: global economic fallout
Middle East war: global economic fallout
FRANCE 24

A third Turkish-owned ship has crossed the war-torn Strait of Hormuz, Turkey's Transport Minister Abdulkadir Uraloglu said. Iran has closed the key global waterway, since the US-Israeli strikes on Iran started on February 28 set off the Middle East…

gothamist.com - Elizabeth Kim - NYC's top economic agency still leaderless under Mamdani. Business leaders are worried.
NYC's top economic agency still leaderless under Mamdani. Business leaders are worried.
Gothamist

Mayor Zohran Mamdani still hasn't found someone to lead New York City's Economic Development Corporation after three months in office. The agency's former CEO, Andrew Kimball, who had been appointed to the job by previous Mayor Eric Adams, resigned…

mediaite.com - David Gilmour - Larry Summers Reportedly Believes Trump's Economy Is on the Brink of Crisis
Larry Summers Reportedly Believes Trump's Economy Is on the Brink of Crisis
Mediaite

Larry Summers is privately warning that the U.S. economy is “worryingly fragile” and potentially nearing crisis conditions, according to a report that underscores mounting concerns about inflation and federal debt. The former Treasury…

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