Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Will The Vibe Economy Become A Vapor Economy?
Howard Dvorkin is a Personal Finance Expert, CPA, Author & Chairman of Debt.com. Even if you've never heard the term 'vibe economy,' you probably know what it is. You're living in it. Coined by economist Kyla Scanlon, the vibe economy is all about…
Economic data points to a two-sided economy
Stock prices continue to soar, thanks to heavy investments in AI and an investor class willing to shrug off the impact of the Iran War, but recent economic data suggests an economy that is very much two-sided. The U.S. economy performed worse than…
EU's 6 biggest economies agree on capital markets supervision
Finance ministers from the EU's six biggest economies (E6) have agreed a common position on a European Commission proposal for joint capital markets supervision, Germany's finance ministry said on Friday. The push for…
5 economic signals suggest U.S. consumers are feeling the strain
For years, American consumers have defied predictions and kept the economy moving forward with their spending even amid a raft of financial pressures. Yet signs of financial strain are emerging as households grapple with the highest inflation rate…
EU's Economic Powers Strike Deal to Push Capital Markets Merger
The European Union's six largest economies have agreed on a plan to implement a bloc-wide capital markets union, reaching a collective stance they say will help spur the continent to action after years of delay. The pact came following a Thursday…
India's Rupee In Crisis As Global AI Boom Leaves Modi's Economy Behind
On any list of countries anxious to see the war in Iran end, India deserves a place near the very top. Few countries have been knocked off balance as sharply. The year began with Modi's Bharatiya Janata Party celebrating a supposed “…
Watch Wall Street Week | Britain's Debt Problem, Poland's Economic Boom
Wall Street Week | Britain's Debt Problem, Poland's Economic Boom This week, the UK's debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as…
Secretary of Treasury Scott Bessent Delivers Economic and National Security Remarks to Reagan Economic Forum
Speaking to an audience at the Ronald Reagan National Economic Forum in California, Treasury Secretary Scott Bessent outlines how flawed trade, financial and economic policies of the past have brought us to a critical moment where President Donald…
Few Japan firms take steps toward economic security, government paper finds
Only about 30% of Japanese companies have taken substantive measures to ensure economic security, such as diversifying procurement sources and strengthening cybersecurity, with less profitable firms tending not to take any such action, according to…
Should I invest in defensive companies or cyclical stocks amid economic uncertainty?
It has been a volatile year, as the Iran war continues to have a widespread economic impact. Amid this uncertainty, some investors may be considering putting money into defensive, instead of cyclical, stocks. But what's the difference? Here The…
The Two Ugly Paths Now Facing The US Economy
I was watching Andrew Ross Sorkin on 60 Minutes last Sunday. Sorkin was on the show to promote his new book, 1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation. When Leslie Stahl asked him during his…
Iran war weakens Uganda's economic prospects
As the US and Iran try to find a diplomatic end to the war in the Middle East, which has resulted in harsh economic realities for the global economy, at a recent webinar organized by Uganda Development Bank, Joseph Mawejje, a senior economist with…
Bank of England May Tolerate Inflation to Support UK Economy, Bailey Says
The Bank of England could tolerate inflation temporarily staying above its 2% target in order to support the UK's weak economy, Governor Andrew Bailey said — so long as second-round price effects do not emerge. Speaking at an economic…
Africa missing out on e-waste economy, warns CSIR
Discussions with industry showed e-waste dumping remains the default, says the CSIR. (Image source: 123RF) The Council for Scientific and Industrial Research (CSIR) has warned that African countries, including South Africa, are losing potential…
US Tightens Sanctions On Iran's 'Shadow Oil Economy
The United States has announced new sanctions targeting Iran's 'shadow oil economy' to cut off funding to the Islamic Revolutionary Guard Corps (IRGC) and its destabilising activities in the Middle East. The US has imposed fresh sanctions on Iran's…
Receive a Daily briefing on Economy Industry News
Get Started