Economy Industry News
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Economic growth forecast for island of Ireland despite fuel supply turbulence
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. Economic growth is expected to continue across the island…
NI economy 'to grow by under 1% this year
Economics and business editor, BBC News NI Northern Ireland's economy is expected to grow by just 0.7% this year as higher energy costs hit businesses and consumers, the consultancy EY has said. The outlook is in line with those from other…
Who wins in the AI services economy? Join our webinar discussion
Enterprise tech budgets are going up. The expectations attached to them are rising even faster. That precise pressure will be the focus of Newsweek's upcoming “AI Impact Forum” webinar, “ The Trillion-Dollar Question: Who Wins…
Halifax Piece Hall restaurant to close over economic difficulties
John Greenwood Local Democracy Reporting Service An in-house restaurant located at Halifax's Piece Hall is to close because of 'difficult economic conditions'. The Piece Hall Trust, which runs the building, said 'every possible option' had been…
Reform UK's immigration policies are a significant risk to the UK economy | Sushil Wadhwani
While all eyes are on the Middle East and the risk of a global recession, a possible scenario with significant downside risk for the UK economy after the next general election is building: the impact of anti-immigration policies. We do not know…
2 forces are driving US economic growth, and the Iran war threatens to derail both, BofA says
The US economy is increasingly reliant on just two things to drive continued growth and the Iran war is a threat to both, Bank of America says. Consumer spending and AI capex are major engines of GDP in the last several years. The bank said it…
Economic growth forecast for island of Ireland despite fuel supply turbulence
Economic growth is expected to continue across the island of Ireland this year but at a slower pace because of a fuel crisis triggered by the war in Iran. The EY Economic Eye forecast, published on Tuesday, analysed the economies in Ireland and…
Hiring jumps to highest rate since early 2024 in surprise sign of economic health
Hires increased in transportation, warehousing, and utilities, professional and business services, and accommodation and food services. Federal government jobs decreased slightly in March. The report marks a reversal from the February JOLTS report…
IMF Scraps Outlook for Global Economy as Iran Conflict Drags On
Forecasts for economic growth made three weeks ago by the International Monetary Fund are no longer relevant because the extended war in the Persian Gulf means growth will be lower and inflation higher, Kristalina Georgieva, IMF managing director…
Are Defensive Stocks the Right Call Heading Into a Slower Economy?
The premise makes enough sense. There was a time, in fact, when defensive sectors such as consumer staples and healthcare reliably outperformed cyclical growth industries -- like technology -- in challenging economic environments. Assuming we're…
Uncle Sam's spending dooms our kids' economic future
US government debt held by the public just surpassed America's entire annual economic output — a milestone that signals a rapidly approaching fiscal cliff. It's no secret why: Too. Much. Spending. New data from the Bureau of Economic…
Treasury yields ease as investors assess Iran war's impact on economic outlook
U.S. Treasury yields eased slightly on Tuesday after spiking the previous session, as concerns about higher energy costs caused by the Middle East conflict continue to grip markets. Yields on the 10-year Treasury note — a key barometer for…
Jim Cramer says to own these types of stocks that 'dominate the new economy'
CNBC's Jim Cramer said investors shouldn't flee during geopolitical-driven sell-offs, arguing the long-term opportunity remains in companies powering the 'computer-driven economy.' He highlighted AI, cloud, and data center stocks as the most…
Beijing Deploys Long-Threatened Economic Arsenal Against U.S. Pressure
In a single week, Beijing killed a U.S. tech deal and ordered Chinese companies to defy American sanctions on domestic oil refiners—two unprecedented moves, both terse, both wielding tools that had been advertised for years but never used.
Europe's economy is in deeper crisis than expected
The number of company bankruptcies in Western Europe has risen to its highest level for over 20 years. Switzerland has been particularly hard hit - but there is more to the figures than just a weak economy. In 2025, around 197,600 company…
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