Economy Industry News
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China industrial profits stay resilient as economy leans on factories, exports
China's industrial profits rose 21.1% in May compared to April's +24.7% increase. Profits for January-May climbed 18.8% over the corresponding period last year versus an 18.2% increase in the first four months. Electronics and upstream sectors…
AI turbocharged the stock market. Now it's firing up the economy.
Americans have grown distrustful of artificial intelligence and worry it will eventually take their jobs. But for now, a huge boom in AI spending is powering the U.S. economy. The AI boom — or bubble, as skeptics call it — has reached…
World Cup Delivers Early Economic Boost For Host Cities
HOUSTON, TEXAS - JUNE 14: Curacao fans cheer after the first goal by Livano Comenencia #8 during the FIFA World Cup 2026 Group E match between Germany and Curacao at Houston Stadium on June 14, 2026 in Houston, Texas. (Photo by Sebastian Widmann -…
How has the Iran war hit the Northern Ireland economy?
Economics and business editor, BBC News NI More than 3,000 miles separate Belfast from Tehran, but Northern Ireland's economy is linked, for better or worse, to that of Iran. Figures from before and after the Iran war show the ups and downs of oil…
Burnham to claim London 'paying price' for north's economic failure
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. Andy Burnham is to claim that London is…
How has the Iran war hit the Northern Ireland economy?
More than 3,000 miles separate Belfast from Tehran, but Northern Ireland's economy is linked, for better or worse, to that of Iran. Figures from before and after the Iran war show the ups and downs of oil prices' effects, especially on finances a…
Just how much trouble is Canada's economy in?
Prime Minister Mark Carney has promised to reboot Canada's economy, building it into the 'strongest in the G7'. He has spent weeks travelling overseas in the last year seeking to drum up business interest in Canada as an investment destination. But…
SpaceX stock has cooled. Hiring for jobs in the space economy hasn't
Recent government data shows the rate of job growth within the space economy has outpaced the broader labor market, with younger workers in particular being beneficiaries. Salaries in the sector are relatively high, and there are many open…
China's Industrial Profit Gains Dip in Sign of Economic Weakness
The increase in China's industrial profits softened for the first time since November, suggesting that strong exports and price gains failed to offset the drag from tepid domestic demand. Industrial profits rose 21.1% last month from a year…
ECOnomics Article 51: The War on Science
Note from the Editor: Paul Roberts, a longtime environmental advocate and public servant, died on June 24. He served on the Everett city council from 2005 to 2021 and a term on the Everett Public Schools board of directors from 1999 to 2005. His…
Watch Markets, Economy Ignoring Policy Shocks: Skelly
Markets, Economy Ignoring Policy Shocks: Skelly Dan Skelly, managing director and head of the equity model portfolio team at Morgan Stanley Wealth Management, joins Lisa Mateo and Tom Keene on 'Bloomberg Money.'…
The Tech Rally Meets Economic Fundamentals (NYSEARCA:SPY)
Tech sector valuations remain elevated, and macroeconomic headwinds, including slowing global GDP growth and rising debt, challenge the sustainability of these multiples. Current innovation cycles, including AI and green energy, are not delivering…
What if the economy gets better and it doesn't help the GOP?: From the Politics Desk
Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team's latest reporting and analysis from the White House, Capitol Hill and the campaign trail. In today's edition, Jonathan Allen goes back to the…
Andy Burnham to set out economic vision in first major speech of leadership bid
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. Andy Burnham is expected to set out his…
Focus on developing the Coconut and Food & Beverage export industries into a USD 3 billion economy within the next two years
A discussion was held on Friday (26) afternoon at the Presidential Secretariat between President Anura Kumara Dissanayake and industrialists in the coconut and food and beverage manufacturing sectors on developing the coconut and food and beverage…
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