Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
War weighs on Iran's economy as U.S. intensifies sanctions
Iranian leaders are acknowledging the economic toll of war with the U.S., with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the American sanctions and blockade.
Trump's 'economic D-day' against Iran risks driving the stakes even higher | Sina Toossi
Donald Trump has found a new way to promise victory over Iran. After months of war have failed to force Iran's capitulation or collapse, his administration has unveiled what the US Treasury secretary, Scott Bessent, calls Operation Economic…
Solar Has Crossed a Critical Economic Tipping Point
For years, the economic case for solar came with an awkward qualification. Yes, it had no fuel bill. Yes, its operating costs were low. And yes, over the life of a project it could already produce cheaper electricity than a new coal or gas plant.
Operation Economic Outcast needs an off-ramp, not just a noose
Treasury Secretary Scott Bessent did not undersell it. Announcing Operation Economic Outcast on Aug. 24, he framed it as an “economic D‑Day,” a deliberate invocation of allied resolve to justify what he described as an…
Investors prosper and consumers pay as the Iran war exacts an uneven economic toll 6 months in
As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict's toll were unsparing: surging oil prices, worldwide recession and economic catastrophe. But six months into the conflict, the…
War weighs on Iran's economy as US intensifies sanctions
Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35% due to the American sanctions and…
Oman can't avoid Operation Economic Outcast
Oman's utility to Iran is most evident in the commercial infrastructure that has enabled Iranian sanctions evasion for years. Since January, the Treasury Department has sanctioned three Oman-based companies for helping transport Iranian oil…
US sanctions choke Iran's economy, but regime change remains a challenge
US sanctions are increasingly damaging Iran's ability to obtain hard currency and function economically, Professor Uzi Rabi told 103FM radio on Thursday, while warning against drawing a quick conclusion that an economic collapse would inevitably…
Personal bankruptcy filings are soaring in 2026, signaling growing economic distress
The number of personal bankruptcies filed annually fell sharply for more than a decade before the recent uptick, hitting a low of about 368,000 in 2022, down from about 1.5 million in 2010. That number has climbed steadily since 2022. A 2005 law…
K, C or E? Why economists can't agree on the shape of today's economy
Economists have long viewed the postpandemic economy as 'K'-shaped. That consensus has now lifted, with letters like 'C' and 'E' floating around academic circles and Wall Street trading rooms alike. Letter shapes have been used for decades to…
Sunday shows preview: Trump admin economic tensions leave GOP vulnerable; U.S. foreign relations shift
Republicans are nearing the final stretch of the midterm election cycle with an increasingly unstable political landscape, as races for traditionally safe red seats grow competitive amid tensions over President Trump's economic agenda. Democrats…
Iran's President admits US sanctions are hurting the economy
Iranian President Masoud Pezeshkian has acknowledged that US sanctions are having a significant impact on Iran's economy, reversing comments he made earlier this week that dismissed their effectiveness. Speaking to Iranian state television late…
The Strongest El Niño in a Generation Is Wreaking Havoc on Global Economy
For Clément Ray, chief executive of French insect-protein company Innovafeed, El Niño has been a welcome arrival. “It's perfect timing for us,” he said. Innovafeed breeds black soldier flies in a factory in northern…
US Steps Up Africa Push As China Expands Economic, Security Footprint
The Trump administration says it has helped close 37 commercial deals worth $25.67 billion in Africa as Washington moves to compete with a much larger Chinese economic footprint across the continent. 'China continues to flood Africa with exports,'…
Caviar and Economics - Hamptons Yacht Club Cancels Restaurant Service After Staff Deported
The larger picture is well worth discussing, because there is a large and inorganic part of the U.S. economy that will obviously be impacted by immigration enforcement and the removal of illegal or unauthorized workers. First, from the Hamptons:…
Receive a Daily briefing on Economy Industry News
Get Started