Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chancellor warns of tough Budget because of economic impact of Iran war
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. The Chancellor has warned that the Budget in the autumn…
America's superpower isn't military might, it's economics | Opinion
For as long as anyone can remember, whether it was leading the fight against Soviet expansionism, winning the Cold War or launching global economic integration in its aftermath, the world has viewed the United States as a superpower. Even today, as…
US economy adds 162,000 jobs in August
The U.S. economy added 162,000 jobs in August, soaring past expectations and raising the prospect that the Federal Reserve could hike interest rates next month. The unemployment rate remained unchanged at 4.1 percent, according to the data released…
US Diesel Pump Prices Hit Record As Global Refined-Products Crisis Threatens Industrial Economy
Goldman explained this week that Gulf oil exports had recovered to between 15 million and 16 million barrels per day, roughly two-thirds of prewar levels, with the rise of dark tanker transits obscuring some flows from conventional tracking via the…
How data centers are reshaping the U.S. economy
A new report reveals that data centers are playing an increasingly central role in the economy, a development which is unlikely to curb the growing grassroots opposition to the facilities behind the artificial intelligence (AI) boom. This week, the…
Interest Rates Will Increasingly Crimp The U.S. Economy
Rising interest rates are pressuring key U.S. economic sectors, especially housing, big-ticket consumer goods, and commercial real estate. I remain underweight homebuilders and housing-related equities like Home Depot due to persistent…
This Is A Goldilocks Economy For Investors
Stocks rallied broadly as dovish Fed commentary lowered bond yields, with all S&P 500 sectors except energy advancing. Fed officials are orchestrating a 'good cop, bad cop' strategy to manage market expectations, aiming to hold rates steady despite…
Trump's latest economic threat is by far his worst
President Donald Trump on Friday issued what amounts to an extortionist threat against the Federal Reserve Board, telling its members that if they do not comply with his demand to lower interest rates, he will suspend trade with nations that the…
What the August jobs report says about the economy and Trump
That is an acceleration from recent months. And it is more than enough to keep up with population growth and to keep unemployment trending down. Only a few thousand jobs each month are needed, thanks in large part to Trump's crackdown on illegal…
Half of Americans are economically insecure. What are we going to do about it?
Here is a number that should stop us cold: 64 percent. That is the share of Black families in America who, right now, lack the income and resources needed to meet the true cost of economic security. Not poverty or survival, but genuine stability.
U.S. Economy Added Whopping 162,000 Jobs in August, Smashing Expectations
Economists vastly underestimated the strength of the U.S. labor market for the month of August, according to new data released by the Department of Labor. The Bureau of Labor Statistics analyzed that the U.S. economy added a whopping 162,000 jobs…
Chancellor warns tough Budget looms as Trump's war with Iran hits UK economy
The Chancellor has warned of a difficult autumn Budget as the British economy faces the impact of US president Donald Trump's war in the Middle East. John Healey issued the warning following a sharp increase in Government borrowing earlier this…
Opinion: A person (not AI) wrote this column, because people are still the future of Maine's economy
The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Kate Fahey is the director of the Peer Workforce Navigator Network.
Italy's Meloni just hit a major political milestone. Former leaders say economic reform must follow
Italian Prime Minister Giorgia Meloni's government became the country's longest-serving cabinet since World War II on Friday. Bond markets have rewarded the period of political stability, during which the government deficit has fallen sharply. But…
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