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…
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…
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…
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…
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…
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…
Last Week at Economy Class and Beyond (27th June) - Economy Class & Beyond
It's been a week of hiding in air-conditioned offices and considering relationships with an electric fan as hot weather has grabbed the UK and Western Europe like no one's business. However, the show must go on, so under heat and far too much…
America's economic engine is outperforming this century's expectations - whether the Dems like it or not
America became home to the world's first trillionaire last month when Elon Musk's SpaceX went public. Musk earned his success, although he shares some measure of it with his adopted home. There's a reason why he was able to establish the world's…
Andy Burnham poised to be next PM - and inherit Starmer's economic hangover
With a little nod to Lewis Carroll, the Royal opening will immediately be followed by closure for the summer recess. Ach, enough, Brian. You know perfectly well that the King is initiating the entire post-election Parliament. The King has also…
How the Earthquakes Reshape Venezuela's Economic Future | Caracas Chronicles
Originally published in Spanish on Asdrúbal's personal Substack There are weeks that change a government. And there are weeks that change a country. This is one of them. Until just a few days ago, the economic debate regarding Venezuela…
Colby Cosh: How long before Statistics Canada loses complete touch with the economy?
Last month, when Statistics Canada delivered unexpected bad news about a second consecutive quarter of negative real-GDP growth, there was a frenzy of pooh-poohing and counter-pooh-poohing about whether Canada was really in recession. On Thursday…
Long term economic growth rates
I came across a chart of long term real gross domestic product per capita for Australia (1900 to about 2020) that had a couple of mistakes in its y axis scale and labelling. I wanted to see for myself what it should actually look like. Looking for…
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