The Latest Breaking News from Economy

How Taiwan Is Betting Big On AI To Power Its Economy

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) saw its stock recover some losses on Wednesday after closing lower on Tuesday. This rebound comes as the company continues to benefit from robust demand for artificial intelligence (AI) technologies and Taiwan unveils ambitious plans to bolster its position as a global AI powerhouse.

Benzinga · Jul 23, 2025

The circular economy could make demolition a thing of the past – here’s how

Most of us are already quite comfortable recycling our household waste. In Spain, for instance, millions of tonnes of packaging are processed every year, but did you know that buildings and their materials can also be recycled, or that an entire building could be completely dismantled and reassembled?

The Conversation · Jul 23, 2025

Auckland is NZ’s ‘primate city’ but its potential remains caged in by poor planning and vision

The recent report comparing Auckland to nine international peer cities delivered an uncomfortable truth: our largest city is falling behind, hampered by car dependency, low-density housing and “weak economic performance”.

The Conversation · Jul 23, 2025

I Asked ChatGPT How To Make Money in a High-Tariff Economy: Here’s What It Said

I asked ChatGPT how to earn money in a high-tariff economy. ChatGPT delivered very specific suggestions of entrepreneurial endeavors.

GOBankingRates · Jul 22, 2025

Why Trump’s attacks on Jerome Powell are raising fears for the US economy

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

Al Jazeera · Jul 22, 2025

Brisbane goes for gold with $70b win from 2032 Olympics

The next Olympic Games in Australia is forecast to inject more than $70 billion into the economy over 20 years but an expert has cast doubt over its legacy.

AAP · Jul 22, 2025

Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Benzinga · Jul 22, 2025

Restoring VAT free shopping will deliver £3.7 billion boost say business leaders

Abolishing the tourist tax will draw in millions of visitors from across the EU argue the Association of International Retail

Evening Standard · Jul 21, 2025

Worried About A Recession? These 10 States Have The Strongest, Most Recession-Proof Economies

As we reach the midpoint of the year, recession fears are slowly abating. In May, J.P.Morgan lowered the probability of a recession occurring in 2025 from 60% to 40%. However, it still warned that a period of subpar growth could lie ahead, especially if tariffs remain high. 

Benzinga · Jul 21, 2025

As Trump’s tariff deadline looms, economists see calm before the storm

Trump’s tariffs have had a limited impact on the global economy so far, but analysts fear the worst is yet to come.

Al Jazeera · Jul 21, 2025