Economy Industry News
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Trump Accounts And The Two Economies
In America, there are two economies - those whose wealth grows with the market, and those who have to sell their time. For about forty years, America has been splitting into two economies. In one, you own things that compound — equity, a…
New economic data on slowing economy, persistent inflation
Updated: 10:13 AM EDT Jul 30, 2026 Editorial Standards ⓘ New economic data on slowing economy, persistent inflation Updated: 10:13 AM EDT Jul 30, 2026 Editorial Standards ⓘ WASHINGTON — The Commerce Department released key…
US economic growth slows sharply in second quarter
Growth in the US slowed unexpectedly in the three months to June, according to official figures. The Commerce Department said the US economy grew at an annual rate of 1.5% in the second quarter, down from 2.1% seen in the first three months of the…
How The Green Renaissance Can Unlock A $4 Trillion Bio Economy
Leonie Weerakoon, Founder of Kinetic Ventures For centuries, the ocean's secrets have compounded quietly — in the geometry of coral, in the root systems of mangroves, in the migration patterns of squid. These were not problems waiting to be…
Canada's real-time rail could transform payments, competition, and economic growth
Canada's long-awaited payments modernisation agenda is finally moving from planning to implementation. At the centre of this transformation is the Real-Time Rail (RTR), a new national payments infrastructure designed to allow Canadians and…
The $411 billion blind spot in the global economy | Opinion
A recent large-scale analysis of working-age populations across 204 countries, published in JAMA Ophthalmology, found more than 437 million people were living with visual impairment in 2019—a figure that has nearly doubled since 1990. These…
China's top leaders pledge incremental measures to support economy
China pledged on Thursday to accelerate fiscal spending and adopt 'incremental policies' that boost economic growth in the year's second half, after the second quarter brought a worse-than-expected slowdown. SCROLL TO CONTINUE WITH CONTENT The…
America's greatest trade advantage was never just its economy
As U.S., Canadian, and Mexican officials continue negotiations over the future of the United States-Mexico-Canada Agreement (USMCA) after Washington declined to renew it in its current form, much of the discussion has focused on tariffs, rules of…
How AI Agents Are Changing Enterprise Computing And The Economics Of AI: A Q&A With AMD
While the discussion of AI has largely centered on its powerful models and capabilities, a new challenge is emerging: how to run AI agents efficiently at scale. As organizations embrace agentic AI, technology leaders are rethinking everything from…
The Fed's Headache and an Improving Economy Give Loonie a Lift
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up. President Donald Trump's choice as the new chair of the Federal Reserve was roasted by…
Economy expanded at 1.5% rate in second quarter of 2026
The economy grew at an inflation-adjusted 1.5% annual rate in the second quarter, the Bureau of Labor Statistics reported in a preliminary estimate of gross domestic product. The reading, which is the first of three estimates for second-quarter…
Warsh says economy showing 'impressive resilience'-most Americans disagree
The new chief of the Federal Reserve has expressed confidence in the 'impressive resilience' of the U.S. economy, but recent polling shows that fewer and fewer Americans share this rosy assessment of the country's prospects. This week, Kevin Warsh…
Trump's merely 'okay' economy
Economic growth slowed this spring. It's a reminder that the economy could've been great — if not for Trump's policies. David Paul Morris/Bloomberg via Getty Images Caitlin Dewey is a senior writer and editor at Vox, where she helms the…
US economic growth slows to 1.5% in second quarter
US economic growth slowed in the second quarter, underperforming economists' expectations and adding another wrinkle to the Federal Reserve's path forward, even as consumer spending remained strong. GDP rose at an annual rate of 1.5%, the Commerce…
Macroscope | Upper arm of China's K-shaped economy both a blessing and a curse
Ever since the Covid-19 pandemic erupted, concerns about “K-shaped” economies have proliferated. When it comes to describing business cycles, economists and investors have often used letters of the alphabet, yet it is the emergence of…
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