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 market's tech boom points to a glaring division in the economy, a veteran strategist says
The AI boom has become a tale of old versus new, in both markets and the economy, and one Wall Street veteran says it has some dire implications for the future if not addressed. Jim Paulsen, the former chief strategist at the The Leuthold Group…
Shenzhen's economic dilemma: soaring GDP, stagnant consumption
China's top tech hub, Shenzhen, saw retail sales grow by just 0.5 per cent year on year in the first quarter after reporting gross domestic product growth of 5.8 per cent for the same period, casting a spotlight on its unbalanced development as…
The Economy Is About To Test The Stock Market
The S&P 500 has delivered sensational Q1 earnings, with growth rates jumping to 27.1% year-over-year, driven by AI and strong consumer resilience. Despite all-time highs, warning signs include rising inflation, surging oil prices, and deteriorating…
How the Iran War Threatens Global Economic Growth
With the Iran war now into its third month, the toll on the global economy is becoming more clear. We asked Ziad Daoud, chief emerging markets economist for Bloomberg Economics, to give us his assessment. Plus: Livestream shopping is inspiring…
Could Iran's escalating economic crisis weaken negotiating position with US?
Iran may not be choking like a stuffed pig as Donald Trump predicted, but its economy is in serious difficulty as a combination of a massive war-damages bill, inflation, currency devaluation, unemployment and a contraction in oil revenues combine…
Opinion | 'Made in Europe' law sets stage for an economic showdown with China
Amid the trade war with the United States, the last thing China needs is an economic confrontation with the European Union – Beijing's major export destination. But with the EU seemingly determined to protect its market by introducing…
Sunday Talks - National Economic Council Director Kevin Hassett Discusses Economy and Impacts
White House National Economic Council Director, Kevin Hassett, appears on CBS news to dispatch the narrative engineering of Margaret Brennan. I completely understand why the White House appears to have finally had enough of Ms. Brennan's dramatic…
Editorial | Cross-border scheme could boost Hong Kong's yacht economy dreams
The Hong Kong tourism industry has spent years looking for ways to chart a course back to a semblance of the smooth sailing it long enjoyed. Efforts to develop a high-spending yacht economy are one promising approach that could buoy the sector and…
Exclusive | Bai Chongen on China's new economic paradigm and closing the US tech gap
Bai Chongen is a prominent Chinese economist and government adviser. He is the dean of Tsinghua University's School of Economics and Management and serves concurrently as vice-chairman of the All-China Federation of Industry and Commerce. From 2015…
The California tax proposal that has billionaires gaming for 'economic 9/11'
A proposed tax on California billionaires has dropped like a bomb on state politics, splitting the Democratic party and galvanizing the state's Big Tech executives in opposition. The initiative hasn't formally qualified for the ballot yet, but…
European markets almost flat as investors read economic signals (EUR:USD:)
European equities declined, led by automakers, as Trump's proposed tariffs on EU car and truck imports heightened market concerns. April PMIs across the eurozone indicate strengthening manufacturing expansion, with most key economies showing…
Global fragmentation is rewiring Asia's economic future
Asia became prosperous in an era of predictable globalization. Open markets, cheap energy, integrated supply chains and export-led manufacturing transformed once-poor economies into the world's most dynamic growth centers. But the very…
Viewpoint: Worcester's economy in the AI future
A benefit of my job is seeing the detailed leasing information for about 100 office buildings every year. Nowadays, “Will artificial intelligence impact these tenants?” is the first question I'm asking. Call centers, absolutely.
Self Driver review - driver who signs up for sinister app offers Travis Bickle take on the gig economy
A desperate cabbie joins a service that directs him down a shadowy path in this interesting, less-is-more satirical thriller Canadian film-maker Michael Pierro makes his feature debut with this low-to-no-budget sortie, a modern-day Travis Bickle…
Here's What's Shoring Up the Global Economy During the Energy Shock
TOKYO—One of the major surprises about the gravest energy shock since the 1970s is how resilient much of the world has been so far. The closure of the Strait of Hormuz has yanked around 13 million barrels of oil a day from global energy…
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