Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The AI-Proof Economy
George Wells, Founder & CEO, Wells Group of New York. AI is the future. Its integration into society will make products cheaper, processes more streamlined and companies smaller and more efficient. The tool will also reveal that some business…
Americans Want AI Controlled Before It Reshapes The Economy
Artificial intelligence has moved from a futuristic concept to an everyday reality faster than almost any technology in history. Businesses are integrating AI into their operations. Consumers are using AI-powered tools for work, research and daily…
Economic Growth Trade-Off: Creative Destruction V Stability
Engineering checking new machinery Long-term economic growth is tremendously important, but seldom top of mind. It's important to anyone concerned about future generations—or even one future generation. For business, long-term growth…
The AI Economy Is Already Here. The Question Is What Comes Next.
How will AI affect the future of work and prosperity? In early July 2026, Elon Musk posted his answer on X. 'AI+Robots will be able to do everything, resulting in universal high income. Work will be optional.' The Big Short investor Michael Burry…
Cabinet approves government economic blueprint with BOJ independence indicated
The Cabinet of Prime Minister Sanae Takaichi approved the government's annual economic and fiscal policy blueprint on Tuesday after tweaking an earlier version to place more emphasis on Bank of Japan independence. As this is the first time the…
NI economy 'to outperform the UK average over five years
John Campbell BBC News NI economics and business editor Northern Ireland's economy will outperform the UK average over the next five years, a new forecast by Ulster University economists suggests. The university's Economic Policy Centre (EPC) has…
Gen Z is living in an intimacy economy, where connection is commodified | Alice Lassman
“There are parts of myself I only share with my AI,” Jerome told me. “ Your AI?” I asked. He was 27, three months out of a breakup, and entirely aware that his AI relationship was, as the psychotherapist Esther Perel put…
Kenya Reveals 30-Year Plan to Reach Developed-Economy Status
Kenya unveiled a 30-year plan to transform the East African nation into a high-income industrialized economy by focusing on increased farm productivity, expanded export-oriented manufacturing, and deeper technology and innovation. The 2030-60 plan…
Inside MLB's Battle Over Economics And Competitive Balance With The Players
Rob Manfred and the owners are pushing for a salary cap in Major League Baseball for the first time since 1994. (Photo by Mike Carlson/MLB Photos via Getty Images) Major League Baseball is pushing for a salary cap for the first time since the…
Ukraine Hammers Putin's Economy With Strikes on Giant Warehouses
Ukrainian drone strikes on warehouses operated by Wildberries, Russia's answer to Amazon, have jolted the country's retail industry, forcing companies to rethink logistics and stoking fears of higher inflation. Drones hit warehouses near Moscow and…
Fox News Power Rankings: Voters say they're in economic pain, but will Democrats gain?
About a year and a half ago, President Trump ended his comeback campaign by telling a Michigan audience he would make America affordable again. Voters listened. Trump swept the swing states, made inroads into Democratic strongholds, and by the time…
Scottish aerospace and defence sectors contribute £2.3bn a year to economy
This is a 13% year-on-year increase and a 73% rise over the last five years. Turnover in the sector reached £2.6 billion, up 29% on the previous year and up 131% since 2020. The industry now employs around 7,000 people in Scotland, up 12% on…
A record El Nino is poised to be next big supply shock for global economy
El Niño is poised to cause the next big inflationary shock to the global economy, Deutsche Bank says. In a note to clients on Monday, the bank warned that a particularly intense warming phenomenon in the Pacific Ocean could be on the way…
As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war's economic impact. Stocks continue to brush off the latest flare-up in tensions, but economists are worried that energy…
Trump keeps failing to prop up the economy
Heading into the midterms, President Donald Trump has a problem. While he can juice the stock market with well-timed lies about Iran, that doesn't really move the needle for normies who just want to buy gas and groceries. But he's not interested in…
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