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 biggest myth about the AI-powered economy right now, according to a veteran investment chief
A common narrative of the AI boom says that the technology will lead to vast gains in productivity. Throughout 2025 and 2026, companies like Amazon, Meta, and Block have laid off chunks of their workforce and cited AI as at least part of the…
Readout: COBR(M) - Iran economic and domestic impacts: 23 March 2026
The Prime Minister chaired a COBR(M) meeting today, focussing on the domestic economic impact of the ongoing situation in the Middle East. The Chancellor, the Governor of the Bank of England, the Energy Secretary and others updated on the situation…
How Trump's Economy Is Crushing Everyday Americans
Bluesky Surprising pantry staples have seen spiking sales in recent months: Hamburger Helper and canned sardines. Rice and beans. Americans aren't just hankering for comfort food. Instead, they're doing everything possible to stretch their dollars…
Business Insider welcomes Ryan Kailath as senior editor on the economy team
Ryan Kailath joins Business Insider as a Senior Editor on our Economy team and will oversee a team of reporters covering the job market, student loans, and the intersection of culture and the economy. Ryan has more than a decade of experience…
Trump's aapproval rating on economy is worst this century-polling analyst
President Donald Trump's approval rating on the economy has fallen to the lowest level among 21st‑century presidents, according to CNN's chief data analyst Harry Enten. Enten described the numbers as historically bad during a recent…
Finnish Jobless Rate Continues to Climb as Economy Stays Subdued
Finland posted another set of dire labor-market figures, with the European Union's worst unemployment hitting levels previously seen during the first wave of the Covid-19 pandemic. The headline jobless rate rose to 10.9% in February, the most in…
World Economic Forum Postpones Saudi Conference Amid Iran War
The World Economic Forum is postponing an upcoming conference in Saudi Arabia, the latest example of a high-profile event affected by the Iran war. The Global Collaboration and Growth Meeting, set to take place in Jeddah in April, will be…
How big business 'club' is causing Australia's economic problem
Australia is a resource-oriented economy with a monopolistic industrial structure. It will cost us dearly if governments do not recognise the need for greater openness. Oligopolies are present in all the main industrial groups in Australia:…
Why More People Are Using Prediction Markets to Follow Sports, Politics and the Economy
The clearest sign that event-based participation has become a mainstream habit came before this year's Super Bowl, when the American Gaming Association estimated that Americans would legally wager $1.76 billion on Super Bowl LX, a figure Reuters…
Are the Trump and Biden Economies the Same?
Jason Furman is a very good economist, but sometimes he gets some things wrong. His NYT column, saying the Trump and Biden economies are largely the same, is in that category. Before saying what I think he got wrong, let me mention some very big…
Global economy faces 'major, major threat' from Iran war, IEA head says
WELLINGTON, New Zealand (AP) — The head of the International Energy Agency said Monday that the global economy faces a 'major, major threat' because of the Iran war. 'No country will be immune to the effects of this crisis if it continues to…
How to judge whether an economy 'works': GDP and living standards in Cuba
Undeterred by the global catastrophe unleashed by its attacks on Iran, the U.S. government announced yet further economic actions against Cuba last week. Since its military intervention in Venezuela, the U.S. has illegally blocked oil shipments…
Economic Watch: From oil shocks to grocery bills, Europe feels pinch of Mideast tensions
BRUSSELS, March 23 (Xinhua) -- After years of sluggish growth, Europe entered 2026 hoping for a turnaround. But escalating tensions in the Middle East have sent oil and gas prices on a wild ride, threatening to derail that recovery. Rising energy…
You'll Snort-Laugh When You Learn How Much AI Actually Added to the US Economy Last Year
Can't-miss innovations from the bleeding edge of science and tech Scanning the headlines, it can be easy to get the impression that every investor, banker, and financial analyst is enamored with AI. Yet this simplified view obscures a more…
No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war - UK politics live
Good morning. At lunchtime Rachel Reeves, the chancellor, will give a statement to MPs that will cover what the government is doing, and (more tentatively) might do, in response to the soaring global energy prices caused by the Iran war. After…
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