Economy Industry News
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Macroscope | What's so bad about a planned Hong Kong economy? Just look at Singapore
Why is the idea of a planned economy anathema to so many people despite China's success? And why do so many retain faith in market economies given the economic chaos much of the Western world is descending into? These questions have acquired a…
Donald Trump's economic war pushes Iran toward a dangerous limit
With President Donald Trump threatening 'economic D-day' measures in hopes of crushing Iran once and for all, the Islamic Republic retains some key advantages to weather the coming storm. “This will be economic warfare and isolation on an…
Nearly 25% of U.S. workers are 'functionally unemployed,' economic analysis finds
The U.S. job market is less robust than it looks, according to a new analysis. The nation's unemployment rate fell to 4.1% in July, well within the range economists consider healthy. Yet that measure, which reflects the percentage of people over…
Pope Leo warns AI could become a new form of 'economic colonialism
Pope Leo XIV has a simple request for lawmakers tasked with shaping AI policy: put humans first. The pontiff encouraged them to implement laws that uplift their constituents at the International Catholic Legislators Network's annual conference in…
Major sacrifice millions of Britons are willing to make - even if it harms the economy
John Healey and Andy Burnham face the challenge of reviving a spluttering economy Millions of Britons want limits on immigration even if it means economic growth takes a blow. New polling by Ipsos found nearly half of Britons (48%) said there…
Premium economy was a colossal waste of money
Earlier this year, my family of three adults flew Singapore Airlines' premium economy from Melbourne to Europe return (with one-night Singapore stopovers) costing just under $5000 per seat. What a colossal waste of money. On all four flights, we…
Iran vows 'devastating' response as US threatens toughest ever economic hit
Iran said on Friday that its response to any new U.S. threats would be 'devastating' after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership. SCROLL TO CONTINUE WITH CONTENT…
Oil Nears $100 as Trump's 'Economic D-Day' Raises the Stakes
Hormuz traffic remains near a standstill as Trump's 'Economic D-Day' campaign pushes Brent closer to $100. Transits through the Strait of Hormuz have been in single digits the entire week, with Trump's announcement of an 'Economic D-Day' campaign…
Trump's 'economic D-Day' claims first victim: Not Iran, but US markets
United States President Donald Trump has threatened a crushing financial campaign against Iran, which he has referred to as “economic D-Day”, as the war on Tehran continues to drag on. But on Thursday, the first casualty appeared to…
JD Vance Delivers Remarks on Jobs and the Economy from His Hometown in Middletown, Ohio
Vice President JD Vance gave a speech today from his hometown in Middletown, Ohio. The theme of the speech was about U.S. jobs, economic nationalism and the rebuilding of American industrial strength.
Peru Economy Grows 2.6% in Q2 as Private Investment Surges
Peru's economy expanded 2.6% year over year in the second quarter of 2026, slightly exceeding market expectations as strong domestic demand and private investment helped offset weakness in manufacturing and fishing. The National Institute of…
The AI boom is lifting economies across Asia. But for Southeast Asia, it might just be a 'short-term blip'
The numbers in Asia just keep getting bigger and bigger. Taiwan is on track for its first year of double-digit GDP growth since 2010, thanks to surging demand for AI hardware exports. It's not the only economy reporting surging growth and export…
LISTEN: Amazon Courts Creators to Build Businesses and Scale the Attention Economy for Brands
On today's episode of Variety ‘s “Strictly Business” podcast, Matt Sandler and Angie More of Amazon explain how the digital behemoth is diving in to the creator economy to build business and bring scale in ad buying to big…
Iran vows 'devastating' response to US threat to cut off its economic lifelines
DUBAI/WASHINGTON — Iran said on Friday that its response to any new U.S. threats would be 'devastating' after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership. U.S.
Catalyzing Mid-Maine's innovation economy: CMGC creates new role to spotlight ecosystem growth
New innovation and development specialist role, filled by Amanda Wrigley, to focus on place-based ecosystem building and economic programming. WATERVILLE — The Central Maine Growth Council is pleased to welcome Amanda Wrigley as its…
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