Economy Industry News

Factories heated up in July; skepticism over economy remains

Aug. 3 (UPI) -- The Institute for Supply Management's July Manufacturing Purchasing Managers' Index report showed on Monday that economic activity picked up in the manufacturing sector. The Manufacturing PMI, a measure of the health of the…

The economy didn't miss. The experts did

GDP remains an essential measure of output, but a quarterly headline is not a complete diagnosis of economic direction. Trade flows, inventories, and government spending can move the headline substantially. Economic direction also depends on what…

Bad Bunny's Residency Was an Economic Masterclass

Puerto Rico has faced population loss, economic turmoil, and the devastation of Hurricane Maria. Then Bad Bunny and Rimas Entertainment wrote a new chapter. His 2025 album became Spotify's most streamed of the year and won album of the year at the…

A top economist says the Fed's 'opaque' communication style is a serious risk to markets and the economy

The Fed's newfound resistance to providing 'even a modicum' of guidance on where policy may be heading is a growing risk to markets and the economy, Mark Zandi says. When the Fed Chair stepped up to the podium at last week's Federal Open Market…

Germany's economy at risk as Rhine river hits record level

Analysts have said that record low water levels on the Rhine river could risk curbing German growth. The issue could potentially drag Europe's largest economy back into stagnation at a time when it has started to show early signs of recovery.

The AI Boom Is Transforming the American Economy Beyond Recognition

China Calls UFLPA List Expansion a 'Classic Act of Economic Coercion'

Both the Chinese government and a prominent industry association lashed out at the Trump administration on Saturday over an expanded import blacklist targeting companies tied to the persecution of Muslim minorities in China 's Xinjiang region…

China draws 'red lines' around its economic model ahead of EU, US trade talks

China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting a posture analysts see as demonstrating increasing confidence ahead of looming trade talks with Europe and the United States.

As Israel Bonds Turn 75 Years Old, Israel's Economy Remains Strong Despite Attacks by Iran and BDS

A former Israeli cabinet minister is working to help strengthen the country's economy, with a global campaign to sell Israel's bonds after two major conflicts. Despite the long conflict in Gaza since October 7th and numerous strikes by Iran, the…

Data centers alone won't build the AI economy

In my previous column, I argued that artificial intelligence is quietly restoring geography as a competitive advantage. For much of the Internet era, distance became increasingly irrelevant. Computing migrated into distant cloud data centers…

Low-energy Gavin Newsom needs Donald Trump's high-energy economic policy

President Donald Trump is in California to raise money for Republicans, and to tout his economic record. On the numbers alone, he has a decent case to make. The economy has continued to grow, albeit at a slower pace (1.5%) in the second quarter…

Economic Pressures: Gas Prices, Inflation, and 'Freedom Fuel' Initiatives

As of late July, American drivers were facing renewed pain at the pump, with national average gasoline prices climbing toward or exceeding $4 per gallon. The primary driver is the escalation of U.S. military involvement in the Iran conflict, which…

US Voters prefer Democrats over Republicans on economy due to Iran war

Americans picked Democrats over Republicans as better stewards of the economy for the first time in nearly a decade in a Reuters/Ipsos poll, which also found their approval of President Donald Trump's performance falling to 35%. The finding, in a…

12 Sporty Cars With Pretty Darn Good Fuel Economy

Most people associate sports cars with powerful engines, wide tires, and bad fuel economy. But what if you could have all that in a more fuel-efficient package that you could also push to its limits on the street? You can't really do that with the…

AI NEXTGEN America to Build the Workforce Powering the AI Economy

(BALTIMORE — August 3, 2026) — Artificial intelligence is changing how America works. Now, a major new workforce conference is coming to Baltimore to help ensure that employers, educators and workers are prepared for what comes next.