Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Spiraling domestic consumption is wrecking China's economy
In June, retail sales of cars in China fell 23 percent from a year earlier. For the first half of the year, sales were down 20 percent. The China Passenger Car Association now forecasts sales for the full year will be off by 14 percent. The…
![rappler.com - [In This Economy] Economic impacts of the 'historic' P85 wage hike](https://www.rappler.com/tachyon/2026/07/in-this-economy-impact-historic-85-wage-hike-July-22-2026.jpg)
[In This Economy] Economic impacts of the 'historic' P85 wage hike
On July 25, the first tranche of Metro Manila's new minimum wage takes effect. Wage Order NCR-27, approved by the regional tripartite wage board on June 30, adds P60 to the daily minimum now, and another P25 in January 2027. That brings the…
Increased defence spending will boost UK economic growth, Streeting says
Wes Streeting has said increased defence spending would make “an enormous contribution” to economic growth as he emphasised that the military will be a spending priority for Andy Burnham's government over other departments. The new…
Tourism worth record £433m to Isle of Man economy
The Isle of Man's tourism industry has reached a record value of £433.4 million, an increase of £256 million since 2016. The latest figures from the annual Visitor Economy Report show 352,301 people visited the Island in 2025, up 6.9%…
Bad Loans Threaten Argentina's Next Engine of Economic Growth
Bad loans keep piling up in Argentina, dashing hopes that the economic pain unleashed by President Javier Milei's harsh austerity program had already crested. Milei has slashed inflation from triple-digit levels and returned Argentina's economy to…
Think you have a handle on how Australia's economy works? Take the RBA's quiz and find out
Economics is a word we are all familiar with, but knowing is different from understanding. The Reserve Bank has released its latest public survey of Australians to gauge how much we know about how the economy works and how the RBA's actions affect…
The experience economy is heading into . . . a nuclear missile silo?
Burrowed more than 100 feet in the ground, the concrete shell of one of the most fearsome pieces of Cold War infrastructure is being brought back to life. This November, the Twistflower Nuclear Missile Silo in Roswell, New Mexico, will reopen, not…
Emirates just gave economy passengers something nice for once
You've just settled into your seat on an international flight. Next to you, a baby is crying. Somewhere down the aisle, another passenger has just unwrapped a tuna sandwich. And to make matters worse, you realize you forgot your neck pillow.
Gov. Shapiro highlights major investments in innovation, economic development
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Govt pushes for 'economic justice' for TikTok creators
Government believes Africa deserves equal access to TikTok's Creator Rewards Programme, which is available only in select global markets. (Image created using ChatGPT) South Africa is intensifying its efforts to persuade TikTok to extend its…
Op-Ed: Trying to manage space debris with economics and forward planning is the only option
It's an appalling, dangerous junkyard up there. The European Space Agency estimates that there are well over 140 million pieces of space junk of various sizes in orbit. With possibly millions of proposed new satellites, the situation is likely to…
Economic uncertainty to continue weighing on housing market: CMHC
OTTAWA, ON, July 22, 2026 /CNW/ -- Housing market activity is expected to remain subdued through 2026 as economic uncertainty, slower population growth, high borrowing costs and modest income growth limit housing demand across Canada. This…
The AI Agent Economy Just Went Live. Your Money Needs House Rules
AI Agent Concept. Person interacts with AI agent technology, analytics charts, performance KPIs, symbolizing artificial intelligence in business innovation. data analysis for business intelligence, dashboard ui, The x402 Foundation was launched as…
Mayor Brandon Johnson touts improved economy, drop in crime in Chicago, but won't say whether he's running again
Speaking live on CBS News Chicago's morning news on Wednesday, Chicago Mayor Brandon Johnson touted an improving economy and falling crime in the city and credited his administration with the success. However, the mayor still declined to say…
Delta CEO Ed Bastian says the airline sees the economy before everyone else does
Very few companies have a better real-time read on the American economy than Delta, and even fewer CEOs are more willing to say what they actually think than Ed Bastian. True to form, he shares what Delta's booking data is telling him that the…
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