Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
America's economic future is with Asia, not Europe
The United States must accelerate its pivot away from Western Europe toward Asia and Australia. Excluding China, the nations of Asia believe in capitalism, hard work, and personal responsibility. Their economies are dynamic, and their demographics…
US's STEM workforce a national security and econom
American students are often described as falling behind the world in science and math. The reality is more specific. The top students are declining, and the students at the bottom are falling even further behind. And the gap between them is growing…
Indonesia's Economic Growth Beats Expectations -- Update
Southeast Asia's largest economy expanded 5.47% from a year earlier, accelerating from 5.29% growth in the second quarter, data from the country's statistics agency showed Thursday. That beat the median forecast of 5.18% growth in a Wall Street…
China's Economics of Denial
China has correctly diagnosed its most pressing economic problems. The Chinese Communist Party has acknowledged that its economy relies too much on investment and exports and that persistently weak household consumption is the core threat to future…
China dismisses accusations of 'squeezing out' other economies
China's vice premier brushed off 'completely unfounded' concerns that his country was 'squeezing out' other economies as he opened a major business fair on Thursday aimed at enticing importers. SCROLL TO CONTINUE WITH CONTENT The United States and…
Banks are turning cautious on lending, according to the Fed. What it means for the economy
U.S. banks tightened lending standards for small firms and major commercial real estate loan categories during the third quarter, according to a new Federal Reserve bank lending survey. Lenders highlighted less favorable or more uncertain economic…
What Democrats' midterm win means for US economy, global markets
Democrats' takeover of Congress in the midterm elections will send ripples through key US economic and global-market themes, including artificial intelligence sector, US interest rates and the war with Iran. SCROLL TO CONTINUE WITH CONTENT The…
Here's what the Democratic election rout could mean for the U.S. economy
Tuesday's Democratic sweep was an important political victory that may yield only marginal economic changes, economists said. Trade likely will be on the table, while the new majority also could reverse spending cuts while keeping the U.S. budget…
The Bonfire Night tradition that brings hidden economic and environmental costs
Every Bonfire Night, people pay for a box of fireworks so their friends and family can enjoy the colourful display. Within a few minutes, it's all over. But the price on the box doesn't reflect the hidden costs. The smoke inhaled by neighbours, the…
NORC Study: Voters look to 2028 focused on the economy
After the midterm elections, attention will turn to the 2028 race for the White House. What is on voters' minds as they look ahead to the next presidential election? Most Republicans want the next president to follow President Donald Trump's…
After the US midterms, what will a lame duck Trump mean for the global economy?
Donald Trump's loss of control of the House of Representatives and the Senate has put the world economy on notice for an unpredictable final two years of his presidential term. After Democrats swept aside his Republican party in the midterm…
The economy brought Trump back to power. Now it's his downfall
Democrats had a stunning showing in Tuesday's midterm election, flipping battleground congressional seats and reliably Republican governorships alike. The CNBC Voter Poll showed voters were unhappy with the economy and President Donald Trump's…
Democrats' Midterm Blowout a Referendum on Trump's Trade, Economic Policies
In a stunning and swift repudiation of the federal government's agenda on the economy and trade over the past 22 months, Tuesday's midterm voters co-signed a Democratic stampede into the halls of Congress in January. The “blue wave”…
Fuel prices: Why developing economies are paying the most at pump
Developing economies are bearing a disproportionate burden of the global fuel price shock triggered by disruptions to shipping through the Strait of Hormuz. According to a new report by the United Nations Conference on Trade and Development…
Will Trump's midterms wipeout hit Australia's already shaky economy?
That was Donald Trump's bizarrely upbeat summation yesterday of the politically devastating war in Iran, just before the brutal verdict of US mid-term voters began rolling in. 'We seem to be getting everything we want,' the president told the…
Receive a Daily briefing on Economy Industry News
Get Started