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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

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

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

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As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research

With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year.

The Conversation

In Search of Equity, WNBA Players Have a Nobel Laureate on Their Side

Harvard economist Claudia Goldin, who focuses on the role of women in the American economy, has been advising the WNBPA in its CBA negotiations.

Sports Illustrated

Micron Launches First Space-Ready Memory Chip To Power AI Missions In Orbit

Micron Technology (NASDAQ:MU) announced on Tuesday that it has launched a high-density, radiation-tolerant SLC NAND chip, marking its first space-qualified memory product and expanding its footprint in the booming space economy.

Benzinga

Bangladesh sees small glimmers of economic hope a year after longtime autocrat ousted in people’s revolt

By the time a student-led protest movement erupted into a full-scale revolution in Bangladesh in July 2024, the country’s economy was already in free fall.

The Conversation

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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

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

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

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

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

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

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

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The Conversation

As Canada’s economy faces serious challenges, the Indigenous economy offers solutions

Canada faces economic headwinds due to geopolitical change, including a trade war with its closest economic partner, the United States.

AAP

The 'critical' data that could greenlight next rate cut

Economists await key quarterly data that could put the odds firmly in favour of an August interest rate cut, as the Reserve Bank sheds light on its shock hold.

GOBankingRates

Money Experts Dan Nathan and Guy Adami on What the Musk-Trump Feud Could Mean for Investors

The richest man in the world feuding with the president could have economic ramifications. Two money experts talked about what that could mean for investors.

MarketBeat

3 Stocks Offering Diversification in Trump’s Tariff & Trade Reset

Three stocks that balance growth and income as Trump’s tariffs, a weaker dollar, and infrastructure plans reshape the U.S. economy and global trade

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Euronews

Germany's top firms present Merz with investment push to revive economy

Around 60 leading German companies pledged a major "Made for Germany" investment initiative on Monday, aiming to boost investor confidence in the country after two years of recession.

inkl

The New Rules of Workplace Benefits: Why Group Health Insurance Still Matters in 2025

In a post-pandemic economy defined by hybrid work, AI disruption, and rising healthcare costs

The Fashion Central

UK Fears Immigration More Than Inflation or Healthcare

International Business Times

ECB Expected To Hold Rates As Trump Tariff Uncertainty Lingers

The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.

Saving Advice

9 Signs You’re Living a Financial Life Built on Outdated Ideas

The financial world is evolving faster than ever. Strategies that worked for your parents or grandparents may no longer apply in today’s economy. Rising inflation,...

Benzinga

'The Economy Was Roaring' — Suze Orman Breaks Down Why High Oil Prices Don't Always Mean A Market Crash

It's a common belief: when oil prices rise, the stock market takes a hit. Higher fuel costs mean more expensive shipping and manufacturing, which could shrink company profits — right?

Benzinga

Why More Investors Are Thinking About Risk

Recent shifts in the economy are leading many investors to reassess their financial routines. Whether it's changes in prices, policy, or market behavior, there's a growing sense that staying on autopilot may not be enough.

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