Economy Industry News

A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

ft.com - Peter Foster and Daniel Thomas in London - UK Budget: the crippling shortages and rising prices hitting the economy
UK Budget: the crippling shortages and rising prices hitting the economy
Financial Times

This should be a boom time. But for Paul Askew, the chef-patron at the swanky Art School restaurant in Liverpool, these are deeply frustrating times. After almost two years of pandemic lockdowns, there is no shortage of customers willing to splurge…

independent.co.uk - Sravasti Dasgupta - Americans among most dissatisfied, want overhaul in politics, economy, health sector
Americans among most dissatisfied, want overhaul in politics, economy, health sector
The Independent

Please enter a valid email address Please enter a valid email address I would like to be emailed about offers, events and updates from The Independent. Read our privacy notice Americans are among the most dissatisfied with their government…

forbes.com - Ike Brannon - Black-Owned Banks Are Key To Lifting Economic Fortunes Of Black Communities
Black-Owned Banks Are Key To Lifting Economic Fortunes Of Black Communities
Forbes

One of the issues that hinders the economic prospects of Black communities is a lack of access to capital so that firms can invest and grow. A basic problem many Black communities face is that lending can require an in-depth knowledge of those…

nationalreview.com - Jim Geraghty - Is the U.S. Economy Headed Toward a Recession?
Is the U.S. Economy Headed Toward a Recession?
National Review

On the menu today: This morning, a lot of news institutions are going to breathlessly tell you about the latest spending negotiations on Capitol Hill, or the latest with the congressional January 6 commission, or the infighting within Facebook…

theglobeandmail.com - Jeff Gray - Gig economy the next target in Ontario labour-law changes
Gig economy the next target in Ontario labour-law changes
The Globe and Mail

Please log in to bookmark this story. Create Free Account Ontario Labour Minister Monte McNaughton says his government will act within weeks to help the many freelance “gig workers” who deliver food or drive passengers from place to…

bloomberg.com - Jiyeun Lee - South Korea Economic Growth Slows as Virus Curbs Crimp Spending
South Korea Economic Growth Slows as Virus Curbs Crimp Spending
Bloomberg

South Korea's economic expansion cooled last quarter as a renewed virus outbreak prompted authorities to impose their toughest social distancing restrictions to date. Gross domestic product gained 0.3% in the July-to-September period, decelerating…

businessinsider.com - Shalini Nagarajan - Reddit wants to build biggest creator economy using own NFT platform
Reddit wants to build biggest creator economy using own NFT platform
Business Insider

Reddit is looking to hire a senior backend engineer to develop its own NFT platform. A job ad states the social media site wants to 'build the largest creator economy on the internet.' The role requires development skills but no prior experience…

standard.co.uk - August Graham - Net zero push 'will bring biggest peacetime changes to global economy'
Net zero push 'will bring biggest peacetime changes to global economy'
Evening Standard

The push to make the global economy green will need the biggest economic transformation ever seen in peacetime, but is possible while maintaining economic growth, an influential economist is set to say. Nicholas Stern, chair of the Grantham…

theglobeandmail.com - Afghanistan's population faces extreme hunger as collapsing economy, drought and conflict hamper access to food
Afghanistan's population faces extreme hunger as collapsing economy, drought and conflict hamper access to food
The Globe and Mail

Images are unavailable offline. More than half of Afghanistan's population – 22.8 million people – will face extreme hunger over the winter months as the country plunges deeper into a worsening food crisis. A collapsing economy…

businessinsider.com - Sponsor Post - How innovation and collaboration can achieve a net-zero climate and economy
How innovation and collaboration can achieve a net-zero climate and economy
Business Insider

As the world confronts climate change, our collective response has the potential to forge a new, net-zero economy. Collaborative creation — with the public and private sectors working toward shared goals — is key to bring that…

usnews.com - Survey: U.S. Economic Growth Accelerated in October, Led by Services
Survey: U.S. Economic Growth Accelerated in October, Led by Services
U.S. News & World Report

Growth in U.S. economic activity accelerated in October, overcoming supply chain snafus and shortages of labor and materials, according to the flash composite Purchasing Managers Index released Friday by IHS Markit. The overall index now stands at…

usnews.com - Fed Finds Economy Growing, But Hampered by Labor, Materials Shortages and Rising Prices
Fed Finds Economy Growing, But Hampered by Labor, Materials Shortages and Rising Prices
U.S. News & World Report

The Federal Reserve Board's Beige Book, a monthly snapshot of regional economic conditions across the country released Wednesday, finds labor shortages and supply chain disruptions holding back growth and spurring inflation. While the economy…

nikkei.com - Staff Writer - Asian economies take $1.7tn hit from COVID in 2020
Asian economies take $1.7tn hit from COVID in 2020
日本経済新聞

TOKYO -- The coronavirus erased about $1.7 trillion from the combined gross domestic product of Asia's largest economies in 2020, according to a report by the Japan Center for Economic Research. JCER has estimated economic losses from the…

reuters.com - Una Galani - India Insight: Climate fight goes way beyond coal
India Insight: Climate fight goes way beyond coal
Reuters

MUMBAI, Oct 26 (Reuters Breakingviews) - India is part of the global climate solution, not just part of a dirty problem to be fixed. That's the grand message Prime Minister Narendra Modi might prefer to emphasise when he attends read more the…

magazine.realtor - Housing Is Energizing the Overall Economy, Analysts Say
Housing Is Energizing the Overall Economy, Analysts Say
Realtor Magazine

Home prices and mortgage rates are both climbing. But that isn't spooking potential home buyers, with the housing market remaining lively. Housing starts and existing-home sales remain higher compared to a year ago. While some sectors of the…

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