Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Top economist dismisses claims America's economy is 'booming
A leading American economist has responded to those arguing that the U.S. is in the midst of an economic boom, and warned that most consumers are falling behind thanks to elevated energy prices and inflation more generally. Over the past few…
JPMorgan warns the K-shaped US economy could spark a broader macro shock
America's K-shaped economy is sticking around, and it could what sparks a fresh economic shock, JPMorgan Asset Management is warning. In a recent report, the bank's asset management arm highlighted fragilities associated with the K-shaped economy…
Southeast Asia's digital economy to hit $368 billion
In Southeast Asia, generative AI has become an essential part of daily life, actively used by 243 million people (58% of the working population) and scaling four times faster than the rollout of the mobile internet. This has major implications for…
Albanese-Chalmers have sent economy in opposite direction of Hawke-Keating
There is a view that a mining boom means that the exchange rate rises, so import-competing manufacturing contracts, and there is little benefit apart from raising taxes on mining profits. This ignores the broader income gains that result from…
America's economic death spiral isn't about the math -it's all on Trump
President Donald Trump has added $2 trillion to America's budget deficit in 2026, swelling the ballooning debt to $40 trillion. Even as economists continue to express alarm about the daunting math, a top economist argued on Wednesday that the…
Warner Cheuk urges businesses to seize potential of silver economy
Deputy Chief Secretary for Administration Warner Cheuk Wing-hing urged businesses to seize the massive potential of the silver economy as the purchasing power of the elderly grows steadily in Hong Kong. SCROLL TO CONTINUE WITH CONTENT Speaking at a…
No Economic Case for Tariffs
Here's a letter to a new correspondent. Thanks for your email. You write: I am not an economist. It seems intuitive that tariffs would raise taxes. Simply stated, tariffs limit competition. Limited competition leads to higher prices. However, the…
California Tried to Jumpstart the Film Economy. Production Keeps Falling.
California's $750 million bet on Hollywood has not reversed the overall decline in production, according to data released Wednesday by FilmLA. Instead, production levels fell 3.7% in the third quarter — even as the share of projects…
The K-Shaped Economy Is Looking Sicklier By The Quarter
The U.S. economy is currently propped up by AI-driven tech capex and the wealth effect among affluent households with significant equity exposure. Rising interest rates and weak consumer health are pressuring housing, durable goods, and high-ticket…
Tightening the economic belt
My friend from Nyamiyaga called me the other day and suggested that we should start using the same car to work. The prices of fuel have become unbearable, the dollar is misbehaving, and our salaries are fixed. They cannot rise similarly. And I…
How Porn Blazed the Trail for the Creator Economy
Porn — or so the legend has it — pioneers every technological revolution. That may overstate porn's role in the development and adoption of home video (particularly VHS), online subscriptions, streaming and interactive webcams. But in…
Nobel Economics Prize 2026: How can Hall and Woodford's ideas help tackle today's economic challenges?
Updated - October 21, 2026 06:20 pm IST This year's Nobel Prize in Economics was awarded to an American duo – Prof Robert Hall of Stanford University and Prof Michael Woodford of Columbia University – “for microeconomic…
DM My Rep! The Top Lawyers, Managers and Agents Driving the Creator Economy
This is their world and, for better or worse, we're just living in it. Those populating the creator economy are swaying elections (Hasan Piker), reimagining independent film (Mark Fischbach, aka Markiplier) and selling out capsule collections at…
FACT FOCUS: When it comes to Trump's economy, these are the numbers that matter before Nov. 3
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Building the Economy Africa Needs
Africa cannot control global geopolitics, let alone prevent external shocks. But it can manage its exposure, especially by building an integrated continental market, investing in higher-value-added production, and pushing for reform of the global…
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