Economy Industry News
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UK economy strengthens as service sector returns to growth and car sales jump - business live
The UK has just had a double dose of good economic news, but growth has also strengthened in the eurozone, where overall business activity reached an eight-month high and services activity a five-month high in July. S&P Global's headline composite…
Why Energy Costs Are Reshaping Cannabis Industry Economics
INGENDORF, GERMANY - APRIL 15: Wind turbines stand next to a yellow blossoming rape field as water vapour rises from the cooling towers of the Neurath coal-fired power plant on April 15, 2024 in Ingendorf near Rommerskirchen, Germany. The German…
Industrials Up After Mixed Economic Data -- Industrials Roundup
Shares of industrial and transportation companies ticked up after mixed economic data. Private companies added a net 44,000 jobs in July after adding a revised 95,000 jobs in June, according to survey from payroll firm ADP. The anemic July growth…
Speech by Governor Cook on the outlook for the U.S. and Alaskan economies
Thank you, Jon, for that kind introduction. It is an honor to be here in Alaska. I appreciate the invitation from the Anchorage Economic Development Corporation to meet with you all today. As many of you know, I have spent the majority of my career…
How Calabria's Slow Food Model Is Helping Revitalize Rural Economies
Scilla Town in Calabria with a view with Castello Ruffo. (Photo by: Loop Images/Universal Images Group via Getty Images) Universal Images Group via Getty Images Several rural Italian regions such as Basilicata, Sicily and mountain areas along the…
Trump's approval rating on economy as he makes appeal to voters
President Donald Trump has embarked on a campaign-style trip of the West Coast to tout his economic achievements, even as voters continue to sour on this aspect of his domestic agenda. Trump traveled from Washington, D.C. to Los Angeles on Tuesday…
Indonesia's Economic Growth Slowed While Beating Estimates -- Update
Southeast Asia's largest economy grew 5.29% from a year earlier in the April-June period, slowing from 5.61% in the first quarter, data from the country's statistics agency showed Wednesday. The reading beat the median forecast of 5.1% growth from…
A CIO share his preferred stock portfolio as he eyes a slowing economy
It's been a banner year for cyclical pockets of the market. Energy, industrials, and materials are among the market's top-performing sectors in 2026. But according to Alessio de Longis, the chief investment officer of active investments at…
What Is a Mixed Economy? Definition, Examples and How It Works
A mixed economy combines elements of both market and command economies, incorporating free enterprise and government intervention. Mixed economies provide important social safety nets and environmental protections while allowing businesses to…
Finance minister voices confidence in economy, vows efforts to stabilize stock market
Korea's finance minister on Thursday expressed confidence in the country's economy, saying it is achieving 'unprecedented' results on the back of solid growth and exports. 'The Korean economy is more solid than ever and is achieving unprecedented…
'Tariffs have been incredible': Trump grows more delusional on economy
President Donald Trump proclaimed that his failed tariff policies were an “incredible” success on Tuesday—the same day that his administration admitted that it had to pay back billions in illegally collected tariffs.
Getting Straight Some Facts About the Economics of Protectionism
Matthew Lynn's July 31 online op-ed, “ Trump's tariffs aren't crushing global trade,” argued that the Trump administration's tariffs “did not work the way the Econ 101 crowd expected them to.” It's true that despite the…
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Extremely low water levels on the Rhine and Danube are disrupting energy generation, freight and river transport across Europe. The rivers support nuclear cooling, hydropower, industry and trade, meaning prolonged low levels could increase energy…
Bangladesh's economy stable on the surface, fragile underneath
Bangladesh Bank is beginning to loosen monetary policy from an unusually favorable position on the currency front. Despite persistent inflation and deep strains in the banking system, the taka has been among the most stable currencies in South Asia…
How Economic Power Has Shifted Over The Past 200 Years
Over the last 200 years, economic leadership has shifted from China to the British Empire, then to the United States, and increasingly back toward Asia. This streamgraph, via Visual Capitalist's Gabriel Cohen, tracks how the share of global gross…
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