Economy Industry News
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Stronger 'ticket economy' among Hong Kong lawmaker's proposals for sports industry
Lawmaker Vincent Cheng Wing-shun has raised nine recommendations across three categories as Hong Kong's largest political party works on developing a five-year plan for the city's sports industry. The proposals from the Democratic Alliance for the…
'Big issue' for UK is low economic growth, Bank of England boss warns Burnham
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Low economic growth is a “big…
Tackling the annoyance economy is an easy way to win voters | Opinion
Recently, one of us spent nearly an hour trying to get a promised airline refund. We yelled 'refund' into an AI phone system, endured interminable hold music, and were shuttled between a chatbot and a human agent before finally getting the money…
Speech by Governor Waller on the economic outlook
Thank you, Yelena, and thank you for the opportunity to speak to you today. My subject is the outlook for the U.S. economy and the implications for monetary policy. Spending by households and businesses has been resilient, despite higher goods…
UK economy beat the odds because of my choices, Reeves to say
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Rachel Reeves will say Britain's economy has…
The Set-Jetting Economy Behind The White Lotus And Emily In Paris
Philippine Leroy-Beaulieu, the formidable Sylvie Grateau in Emily in Paris, arrives in Cannes. As the series expands beyond the capital, the French Riviera becomes more than a backdrop, it becomes part of the destination story audiences will soon…
Chile Economic Euphoria Crashes to Earth as President Kast Faces 1% Growth
Chileans elected a pro-market president to revive the economy. They are now getting a reality check as one of Latin America's richest nations flirts with recession while a rightward regional shift heralds more competition for investment. New…
Singapore's Economic Growth Slows to 5.7% in Second Quarter
Singapore's economy slowed as continued geopolitical tensions in the Middle East tempered the export boost driven by the artificial-intelligence boom. Gross domestic product grew 5.7% in the second quarter from the previous year, based on advance…
Trump move to levy 20% toll on Strait of Hormuz shipping 'economic extortion'
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A move by Donald Trump to levy a 20% toll on…
He Called Out China's Economy. Then He Went Silent-for Good.
I called Gao Shanwen back in 2019, early in Xi Jinping's second term, when disappointment over Beijing's failure to reform its state sector was curdling into something closer to alarm. Xi had come to power promising that the market would play a…
The 10 best state economies in America in 2026
While the odds of a U.S recession have fallen sharply in the last year, companies are still looking to set up shop in states with solid economies. With states loudly touting their own economic strength, Economy is one of the most important…
The 10 worst state economies in America in 2026
While fears of a recession have subsided, lingering concerns about inflation, geopolitical tensions and an AI bubble have companies considering the local economy when deciding where to set up shop. State economic development organizations are…
The Economics of Data Centers Creating Jobs Are So Bad That They Sound Like a Joke
Can't-miss innovations from the bleeding edge of science and tech Whenever big data center developers roll into town, their pitch ends up sounding something like this: hand over your land and your resources, throw in a decade of government…
War and economic crisis complicate efforts to protect Iran's rich but endangered wildlife
A few days after the U.S. and Israel launched a war on Iran, Reza Kiamarzi decided to trek into the mountains outside his home city of Isfahan in southern Iran. A veterinarian and researcher on birds of prey, his mission was to find nests of…
Bank of America profit jumps 27% as CEO Brian Moynihan signals 'healthy economic backdrop
Bank of America (BAC) profit jumped 27% last quarter to $9.1 bilion as the bank saw net income growth across every business segment. 'The team delivered one of our strongest quarters to date, with earnings per share up 34% year-over-year,' CEO…
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