Economy Industry News
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Myanmar's illicit economy fuels escalating violence, with civilians bearing the brunt
Myanmar has been engulfed in civil war since the military overthrew the democratically elected Government in February 2021, triggering widespread armed resistance across the country. Special Rapporteur Kelley Anne Eckels-Currie's new report found…
China's rare-earth success offers lessons in economic security
China's rare-earth dominance reveals the strengths and vulnerabilities of its distinctive political economy — and offers lessons for competitors such as Japan. In 2024, China mined 60% of global rare earths but produced 91% of refined oxides…
Reader Q&A: Send a question to Guardian economics columnist Aditya Chakrabortty
Guardian columnist, senior economics commentator and host of the new Radical Thinking podcast Aditya Chakrabortty will be online at 2pm GMT (9am EDT) on Friday to answer your questions on the big ideas around economics, society and democracy Send…
Taxing Wealth Makes Sense, But It Won't Fix Our Economy
In June, Elon Musk became the world's first trillionaire when SpaceX began trading on the Nasdaq. Now, the U.S. midterms are here, and wealth taxation is on the ballot. Californians are set to vote on Proposition 40, which would take 5% of fortunes…
Economy expanded at 3.4% rate in third quarter in sign of underlying strength
Stronger GDP growth is a positive economic data point that the Trump administration can cite with less than a week left until the midterm elections. Growth was also stronger than the 3.2% rate economists had anticipated. “The economy is also…
Alphabet Stumbles, U.S. Economy Surges
This is an edition of the Markets P.M. newsletter, a recap of the day's most important markets moves, delivered after the closing bell. If you're not subscribed, sign up here. Alphabet shares fell 13%, after the Google parent's disappointing…
It's the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
Three years ago, something unusual happened in America. In the middle of a period of economic growth, during which U.S. businesses had been creating, like clockwork, more than 150,000 jobs each month, suddenly the private sector added just 84,000…
Bank tax hike 'unhelpful' to economic growth aims, Lloyds finance chief says
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A top executive of Lloyds Banking Group has criticised a…
As the influencer economy expands, colleges are offering instruction
Zachary Glatt hosts a monthly podcast called “The Business Leaders of America,” where people watch his interviews with entrepreneurs, CEOs, and education leaders across various social media platforms. Mr. Glatt films at Syracuse…
Thursday's Economic Calendar
Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases of domestically-produced goods and services by individuals, businesses, foreigners, and government entities. The consensus…
G20 summit to come to Atlanta, impacting traffic and bringing economic attention
U.S. Secretary of State Marco Rubio and foreign dignitaries will descend on Atlanta this week for two days of meetings focused on economic and security challenges. The event, spanning Friday and Saturday, will feature the Group of 20, an…
Germany's Steinmeier says China must avoid one-sided benefits in economic ties
In its pursuit of economic self-sufficiency, China must not create one-sided dependence in other markets, Germany's President Frank-Walter Steinmeier urged in an address at a top-tier university in Beijing on Thursday. SCROLL TO CONTINUE WITH…
Economy, healthcare, Iran war top voters' concerns ahead of midterms: Gallup
The most important issues that U.S. voters care about in the upcoming elections are economy, healthcare and the war in Iran, according to a poll released Thursday. In Gallup's latest poll, half of the respondents said the economy and healthcare…
The Tana Forum: Africa's future must be forged through economic sovereignty
As global powers increasingly treat the African continent as a chessboard for geopolitical maneuvering, a quiet yet profound counter-narrative is taking root in the highlands of East Africa. The recently concluded 12th Tana High-Level Forum in…
Is AI Crowding Out The Rest Of The Economy?
AI may be reshaping the economy more than expanding it. Despite an investment surge driving U.S. demand, overall U.S. growth has remained moderate, suggesting gains from AI are being offset elsewhere. Rising interest rates, among other factors, are…
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