Latest in Economic Boom Mirage
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Assessing the potential economic impact of Trump's tariff proposals
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small ...Top stories - CBS News - 5 days ago -
North Korea and Russia agree to expand their economic cooperation
North Korea and Russia reached a new agreement for expanding economic cooperation at talks in Pyongyang this weekWorld - ABC News - 2 days ago -
Whales ‘relentlessly pestered’: tourism boom sparks new rules in French Polynesia
Caps on the number of boats allowed to approach whales among measures to be introduced while experts say restrictions don’t go far enough. Lisette Muratore swam with humpback whales for the first ...World - The Guardian - October 29 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30 -
Prada continues to defy luxury slowdown as Miu Miu sales boom
Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’Business - Financial Times - October 30 -
Recent whale deaths highlight risks from Antarctica's booming krill fishery
The Associated Press has learned that two humpback whales were found dead and another seriously injured this year in huge nets used to collect krill for fishmeal and human dietary supplements near ...Tech - ABC News - October 30 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
Central banks need escape route from cycle of boom and bust
We should debate excessive policy easing and the neglect of credit and debt developmentsWorld - Financial Times - November 1 -
As data center industry booms, an English village becomes a battleground
The English village of Abbots Langley has become a flashpoint in a British battle over data centersTech - ABC News - November 2 -
The next U.S. president could inherit a booming economy. That's a daunting challenge.
Vice President Kamala Harris and Donald Trump both made the economy a focus of their campaign platforms since voters rank it a top priority.Business - CNBC - November 2 -
Wegovy's creator invested £6bn in this town. So why is it not booming?
Europe's most valuable company has invested billions in Kalundborg on Denmark's coast - but it has many problems.Top stories - BBC News - November 3 -
Foreign investors fear India’s stock market boom may be over
International investors pull out more than $10bn from Indian stocks as indices record largest fall since March 2020Business - Financial Times - November 4 -
Why China's Solar Boom Is a Bust for Its Leading Players
Shielded by tariffs and fostered by subsidies, a solar panel commands triple the price in the U.S. compared with China and Europe, but expanding in America has become trickier.World - The Wall Street Journal - November 5 -
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.Business - CNBC - November 8 -
China’s cleantech boom fuels its confidence on the climate stage
Green energy success is helping Beijing push back against western political pressureWorld - Financial Times - November 11 -
Trump energy allies anticipate boom times for oil, gas, mining
Former President Trump’s election victory has sent a jolt of enthusiasm through the fossil fuel and mining industries as they anticipate a favorable regulatory environment under his incoming ...Politics - The Hill - November 12 -
As Skiplagged’s Hidden-City Flight Business Booms, Airlines Fume
Entrepreneur Aktarer Zaman built his business finding customers direct flights for far lower prices on layover itineraries. Carriers are not pleased.Business - Inc. - November 13 -
‘I’m just here for the selfie’: the mirror reflecting Rome’s TikTok visitor boom
Thousands flock to Chiesa di Sant’Ignazio di Loyola and other former hidden gems just for photo ops. There are two entrances for visitors to Chiesa di Sant’Ignazio di Loyola, a prominent ...World - The Guardian - November 15 -
AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low
Investors hope the Trump administration will make tech acquisition deals easier.Tech - The Wall Street Journal - 5 days ago -
SpaceX Starship’s Sonic Boom Creates Risk of Structural Damage, Test Finds
An independent researcher found that noise recorded miles away from the site of a recent test flight was equal to standing 200 feet from a Boeing 747 during takeoff.Business - The New York Times - 5 days ago -
4 Lessons Your Brand Can Learn From the Taylor Swift Boom
Some businesses got a revenue boost of up to 600 percent when the Eras Tour came to town. Here’s how your brand can benefit from similar event-related strategies.Business - Inc. - 3 days ago -
Nvidia's Sales Soar as AI Spending Boom Barrels Ahead
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips.Business - The Wall Street Journal - 3 days ago -
Surrealism, cafes and lots (and lots) of cats: why Japanese fiction is booming
From tales of alienation to comforting novels set in bookshops, Japanese authors have written nearly half of this year’s bestselling translated novels in the UK. What’s their secret? • Read an an ...World - The Guardian - 20 hours ago -
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - October 25 -
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.Business - The New York Times - October 26 -
Reeves: ‘My budget will match greatest economic moments in Labour history’
The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises . Labour will launch a new era of public and private investment in hospitals, ...World - The Guardian - October 26 -
14 earnings reports and major economic data will be the stock market movers this week
Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.Business - CNBC - October 27 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.Business - The New York Times - October 29 -
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Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality
British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environmentWorld - ABC News - October 28 -
The Biden-Harris economic record is much better than critics claim
It would be a shame if Americans went to the voting booth without understanding this important fact.Politics - The Hill - October 28 -
Democrats alarmed Harris’s economic message isn’t breaking through
Democrats are frustrated that Vice President Harris hasn't done more to sell her economic message and worry that former President Trump continues to have a sizeable advantage on what many voters ...Politics - The Hill - October 29 -
Here are the 5 most important U.S. economic issues for voters
Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.Top stories - CBS News - October 29 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Harris improves her odds over Trump, according to these economic indicators
Those betting on Trump may want to consider the latest economic data, which indicate Harris could benefit from material tailwinds that become a decisive factor in a close race.Business - MarketWatch - October 31 -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - October 31 -
Rachel Reeves’ first Budget leaves key economic challenges unresolved
OBR says announcements amount to one of the biggest fiscal loosenings of recent decadesBusiness - Financial Times - October 30