Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China's 'K-shaped' economy is divided not just by sector, but geography
China's so-called K-shaped economy has attracted attention in recent months, as official data shows a disparity between the country's fast-growing hi-tech industries and stagnant consumer sector. But a similar pattern is also taking shape…
The AI Economy Is Separating Leaders From Spenders
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) is silhouetted as a pre-recorded interview with Elon Musk In July 2024, The Economist controversially asked, “what happed to the AI revolution?” The article explored the…
The housing crisis Hawaii keeps fighting is actually an economic crisis
Across the United States, housing affordability has reached a tipping point. Home prices remain stubbornly high, with an increased median price of $440,600, and mortgage rates continue to test buyers. As a result, younger generations are delaying…
The war on data centers jeopardizes our economy and national security
Imagine if during World War II, protesters had gathered outside factories making tanks and planes, and tried to shut them down. Or that just before Pearl Harbor, when American industry was 'hyperscaling' its defense infrastructure in order to make…
The 'beyblade economy': Grassroots nostalgia revives Hong Kong's empty markets
In stark contrast to the high-stakes, investor-driven world of trading cards, another childhood favorite is making a major nostalgic comeback in Hong Kong, sparking an unexpected grassroots craze. SCROLL TO CONTINUE WITH CONTENT The classic 1990s…
Berkshire soapbox race 'fantastic' for local economy
Naj Modak, South of England and Tom Hepworth, Newbury A soapbox derby where teams raced in homemade carts was 'fantastic' for the local economy, a business improvement partnership has said. Krazy Races, transformed Newbury town centre into a race…
Berkshire soapbox race 'fantastic' for local economy
A soapbox derby where teams raced in homemade carts was 'fantastic' for the local economy, a business improvement partnership has said. Krazy Races, transformed Newbury town centre into a race track earlier, as competitors faced off to raise money…
Trump is set to defend his economic policies in Michigan, where new Canadian tariffs may sting
President Donald Trump tosses a 'Trump 2028' hat at the White House Correspondents' Association dinner at the Waldorf Astoria Washington DC, Friday, July 24, 2026, in Washington. (AP Photo/Rod Lamkey, Jr.) MILFORD, Mich. (AP) — President…
Trump to talk up economy in Michigan visit amid voter concerns ahead of congressional races
By Jarrett Renshaw and Kalea Hall July 27 (Reuters) - President Donald Trump will travel to a General Motors test site in Michigan on Monday to tout his trade and industrial policies, seeking to refocus attention on the economy even as an…
Bad numbers for Trump on economy, Iran, in latest CBS News poll
A new CBS News poll found that 65% of Americans disapprove of how President Trump is handling the economy, 71% disapprove of his handling of inflation and 63% think the war in Iran is going badly for the United States. Olivia Gazis reports.
The true meaning of flying economy
“ABC TV 24 News recently ran a story about Qantas adding an additional “20 litre” fuel tank to make the AU-Europe trip in one hop,” notes David Southwell of Pymble. “Not one, but two of the seemingly oblivious…
This red state is strengthening its grip as America's next economic heavyweight
The race to become America's next economic heavyweight may already have a frontrunner. The latest Internal Revenue Service (IRS) migration data show billions of dollars in taxpayer wealth flowing into Texas, while Census figures show the state's…
Trump Economy at 18 Months is a Tale of Shocks, Resilience, and Signs of Stalled Progress
WASHINGTON, July 27 (Reuters) - The first 18 months of President Donald Trump's second term in the White House have seen a series of policy-driven economic shocks, highlighted by the immigration crackdown and higher tariffs that he promised during…
Editorial: Economic Recovery Must Reflect In Jobs - The Ghanaian Chronicle
The Minister for Finance, Dr Cassiel Ato Forson, last week presented the 2026 Mid-Year Budget Review to Parliament with an optimistic message that Ghana's economy is on a strong path to recovery. According to the Minister, the economy recorded a…
Yes, Mamdani just made a business-basher his NYC 'economic development' czar
For the first six months of Mayor Zohran Mamdani's tenure, the leadership of New York City's Economic Development Corporation remained a question mark. Last week he answered that question — and raised even more. Mamdani appointed Lina Khan…
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