Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Speech by Vice Chair Jefferson on global economic developments and the U.S. economy
Good morning. It is an honor to be here at the Bank of Japan, and I appreciate the opportunity to speak with you today. I am looking forward to our discussion, but first I want to share some framing thoughts. I will briefly discuss three…
A market vet says the driving economic force in the US is old vs young
We may have to thank the baby boomers for the strength of the US economy. The economy is often said to be in the midst of a K-shaped divergence, a dynamic in which the top earners account for most of the growth and spending, while lower-earning…
Bloomberg Surveillance: Economic Risks
The economy and the markets are 'under surveillance' as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join…
Speech by Governor Cook on AI, the economy, and the financial system
Thank you, Neale, for that kind introduction. Being back on Stanford's campus is always an honor and conjures up great memories. I spent several formative years here—first as a student in the AEA Summer Program, which prepares students to…
The Accuracy Economy: Precision Is Becoming A Competitive Advantage
Beth Worthy, President of GMR Transcription – Specializing in academic, legal and corporate human transcription with 99%+ accuracy. Many reports today are produced through meetings, analysis or, increasingly, artificial intelligence-based…
Tory Burch wants to help women add $1 billion to the economy by 2030
In 2004, the designer Tory Burch launched her first store specializing in women's apparel in Manhattan. She and her ex-husband, the retailer and investor Christopher Burch, funded it by pooling $2 million of their own money. Later, Christopher…
In China, German minister says economic relationship requires cooperation, competition
German Economy Minister Katherina Reiche on Wednesday in Beijing said a modern economic relationship requires both cooperation and competition. SCROLL TO CONTINUE WITH CONTENT 'Competition makes us stronger, cooperation creates stability and…
Prolonged Strait of Hormuz Closure Could Upend Global Economies, Energy Sector Survey Says
In the report released May 20, Wood Mackenzie has developed three “scenarios” in how the conflict could end and reopen the key waterway, with analysis of how each will impact oil and gas supply, demand and prices, as well as facility…
Strait of Hormuz blockade could cripple world economy, Fed official warns
The world faces the prospect of significantly reduced oil and natural gas consumption if the Strait of Hormuz remains closed for an extended period due to the US-Israeli war on Iran, Dallas Federal Reserve President Lorie Logan warned on Wednesday.
Warning signs for Seattle's economy
Seattle may see little meaningful job growth through the end of 2027, according to a recent city forecast. Why it matters: A prolonged slowdown wouldn't hit just workers and businesses. It also would create pressure on Seattle's coffers, which…
Economist Erik Brynjolfsson argues that AI labor market disruption is one of the most significant economic challenges of the decade · Digg
— The debate weighed job losses against new role creation Original post This was such an insightful conversation about one of the biggest challenges for humanity in the next decade: understanding the economic implications of AI. @nxthompson…
Taiwan's economy is booming thanks to AI. Not everyone sees the benefits
Taipei, Taiwan – For Li, an engineer at Taiwanese computer giant ASUS, the AI boom sweeping Taiwan has made it an exciting time to work in tech. Taiwan is a semiconductor powerhouse, producing about 90 percent of the most advanced chips used…
The 2026 economy could have been great - if not for Trump
President Donald Trump has put the US economy through the wringer. Imposed large and evershifting tariffs on imports, thereby driving up consumers' costs and businesses' uncertainty. Engineered a collapse in both legal and unauthorized immigration…
OpenAI Foundation commits $250M to aid workers, economies 'in the age of AI' (OPENAI:Private)
The OpenAI (OPENAI) Foundation, the non-profit arm of OpenAI, has committed $250M to aid workers and global economies amid “the age of AI.” The $250M will come in the form of grants, partnerships, and direct work “aimed at…
Trump says rising economic costs will not force him into Iran deal
Washington/London/Tehran | Donald Trump has said the economic toll and political discontent over the Iran war will not push him into making a deal with Tehran to reopen the Strait of Hormuz and extend a fragile ceasefire. The US president on…
Receive a Daily briefing on Economy Industry News
Get Started