Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Historic Shift Underway in China's Economy as Investment Slump Deepens
For the past three decades, as China's economy has developed into a global powerhouse, investment has grown reliably each year. That is about to change. This year, China's investments in assets like new factories, public infrastructure and housing…
Why The Creator Economy Is Becoming A Core Growth Strategy
Scott Sutton is CEO of Later, a leading social media marketing platform, guiding its strategy and operations to help brands grow online. Up until recently, creator marketing lived in the “experimental” bucket. Brands tested small…
Shrinking economy takes toll on FTSE 100 amid 'unsurprising surprise'
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 FTSE 100's early promise faded on Friday amid…
UK economy shrank unexpectedly in October - BBC News
The UK's economy shrank unexpectedly in October, according to the latest official figures. The economy contracted by 0.1%, the Office for National Statistics (ONS) said, whereas economists had been expecting it to grow by 0.1%. Over the three…
Economy was in the red even BEFORE Chancellor's tax-bomb Budget
Recession fears were fuelled today as official figures showed the economy slipping into the red even before Rachel Reeves ' tax-bomb Budget. GDP was down 0.1 per cent in October, defying hopes of a bounceback following a 0.1 per cent decline in…
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Young Adults Are Living With Their Parents-and It Could Be Hurting the Economy
A growing share of young adults are staying in their parents' homes, which could be due to financial reasons. As more young adults live at home, this trend could weigh on consumer spending as those who live at home may spend less compared to those…
What Does the Oil Tanker Seizure Mean for Venezuela's Economy?
An oil tanker docked at Cardon Refinery in Venezuela, in 2021.Credit...Adriana Loureiro Fernandez for The New York Times Listen to this article · 5:58 min Learn more The U.S. seizure of an oil tanker off the coast of Venezuela laid bare a…
Is the economy losing jobs? The Fed's rate cut hints at bigger worries.
Is the U.S. jobs market even worse than it looks? Most top officials at the Federal Reserve sure seem to think so. The Fed this week cut its key interest rate for the third meeting in a row, showing it's more anxious about jobs than even the…
UK economy shrank unexpectedly before budget, data shows
GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover Britain's economy unexpectedly shrank in October before Rachel Reeves's budget, official figures show, as activity failed to regain momentum…
Revealed: Economy shrank 0.1% in October amid Budget leaks chaos
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy shrank by 0.1% in October, it…
Republicans could be in 'real trouble' over economy: Gingrich
Former House Speaker Newt Gingrich, a Republican, warned on Thursday that the GOP is “in real trouble” if the United States economy does not “recover” ahead of the midterms, and risks losing control of the House and…
What the stock market's Fed optimism may be getting wrong about the U.S. economy
The U.S. stock market, trading at fresh record highs despite economic challenges, may be expecting more easing from the Federal Reserve than it's going to get next year. “It's a fragile economy priced to perfection,” cautioned Bob…
FTSE 100 Live: UK economy contracts, Card Factory profit warning
The surprise 0.1% contraction in the economy in October fuels expectations that the Bank of England will cut interest rates by 0.25% to 3.75% on Thursday. The GDP figure compared with City forecasts for growth of 0.1%. Capital Economics said:…
Jerome Powell worried about new 'K-shaped' economy
Federal Reserve chair Jerome Powell has expressed concern over the so-called 'K-shaped' economy the U.S. is experiencing. Talk of a 'K-shaped' economy has been brewing recently—where two groups experience increasingly different financial…
Irish economy at risk from 'global shocks', ESRI report warns
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Ireland's reliance on multinationals and…
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