Independent Journalism · Est. 2026
ACUMEN
World
National
Technology
Culture
Economy
Long Reads
For YouWorldNationalTechnologyCultureEconomyLong Reads
ACUMEN

Context-first journalism for a world overwhelmed by noise.

Get the App

Download for Android

Coverage

  • World
  • National
  • Technology
  • Economy
  • Culture
  • Long Reads

Company

  • About
  • Press
  • Ethics Policy
© 2026 Acumen News. All rights reserved.
PrivacyTermsCookies
Independent Journalism · Est. 2026
ACUMEN
World
National
Technology
Culture
Economy
Long Reads
For YouWorldNationalTechnologyCultureEconomyLong Reads
ACUMEN

Context-first journalism for a world overwhelmed by noise.

Get the App

Download for Android

Coverage

  • World
  • National
  • Technology
  • Economy
  • Culture
  • Long Reads

Company

  • About
  • Press
  • Ethics Policy
© 2026 Acumen News. All rights reserved.
PrivacyTermsCookies
Independent Journalism · Est. 2026
ACUMEN
World
National
Technology
Culture
Economy
Long Reads
For YouWorldNationalTechnologyCultureEconomyLong Reads
All Stories

Economy

386 articles · sorted by newest first

AllMarkets & FinanceMacro & PolicyLabor & TradeCrypto & Digital Assets

Latest in Economy

Latest in Economy
20 results
Economy 2 days ago

BYD chairman says firm will be world's biggest automaker in 5 years as shares slide

BYD Chairman Wang Chuanfu has issued a bold prediction, asserting the Chinese automotive giant will seize the title of the world's largest automaker within the next five years, despite the company's shares sliding by over a third in the past year. This ambitious forecast, delivered at BYD's annual general meeting on June 9, 2026, aims to reassure investors facing intense domestic competition and thinning profit margins. The declaration follows a period of mixed fortunes for BYD, which in 2025 notably surpassed Tesla to become the global leader in pure Battery Electric Vehicle (BEV) sales, yet saw its BEV deliveries dip in Q1 2026, allowing Tesla to reclaim the top spot.

Editorial Team1 min
BYD chairman says firm will be world's biggest automaker in 5 years as shares slide
Economy 2 days ago

‘I kept crying’: Hong Kong grads struggle to find jobs as AI takes over - South China Morning Post

Hong Kong's university graduates are facing their bleakest job market in years, with entry-level vacancies plummeting by a staggering 61% since 2022, largely due to the rapid integration of artificial intelligence across industries. This precipitous decline, which saw roles in administration and IT/programming nearly vanish, is leaving fresh graduates in despair, forcing a recalibration of career expectations in a city traditionally seen as a ladder for upward mobility. The crisis underscores a global pivot where AI is not just augmenting, but actively displacing, human roles, particularly at the crucial initial rungs of the professional ladder.

Editorial Team1 min
‘I kept crying’: Hong Kong grads struggle to find jobs as AI takes over - South China Morning Post
Economy 2 days ago

Oil's 4% spike revives Wall Street's rate-hike fear

Wall Street's uneasy calm with inflation evaporated after a recent 4% spike in oil prices, triggered by renewed direct strikes between Israel and Iran around June 8. This sudden escalation in geopolitical tensions, specifically threatening the crucial Strait of Hormuz, pushed Brent crude towards $98 per barrel and has now dramatically revived fears of impending Federal Reserve interest rate hikes. The market, which had largely dismissed further tightening this year, is now actively repricing a rate increase by year-end, with September flagged as a potential turning point.

Editorial Team1 min
Oil's 4% spike revives Wall Street's rate-hike fear
Economy 2 days ago

Millions of hard-up households missing out on cheaper energy, water and broadband

Millions of financially vulnerable households across the UK are needlessly overpaying for essential energy, water, and broadband services, accumulating over £7 billion in debt to utility firms, according to a damning report released today by the National Audit Office (NAO). The public spending watchdog lambasted regulators Ofgem, Ofwat, and Ofcom for failing to adequately promote discounted 'social tariffs' and other crucial support schemes, leaving struggling customers in the dark.

Editorial Team1 min
Millions of hard-up households missing out on cheaper energy, water and broadband
Economy 2 days ago

Market darling to drawdown: Why momentum stocks are losing steam

The momentum factor, which champions buying recent winners, is currently navigating its fourth-deepest drawdown in 21 years, signaling a profound challenge for a strategy that has long been a market darling. However, defying this longer-term pain, May 2026 witnessed a stunning reversal, with momentum stocks, particularly those tied to the booming Artificial Intelligence sector, staging a powerful rally that has reignited debates over its enduring relevance. This whipsaw performance underscores a critical crossroads for investors, caught between historical underperformance and a potent, tech-driven resurgence.

Editorial Team1 min
Market darling to drawdown: Why momentum stocks are losing steam
Economy 2 days ago

NCLA Reply Brief Explains Why Supreme Court Must Still Hear SEC Gag Rule First Amendment Case

The New Civil Liberties Alliance (NCLA) has escalated its legal battle against government overreach, filing a compelling reply brief with the Supreme Court, urging it to hear a pivotal First Amendment case despite the Securities and Exchange Commission's (SEC) eleventh-hour repeal of its contentious 50-year-old 'Gag Rule.' The NCLA contends the SEC's abrupt rescission of Rule 202.5(e) last month — a policy that muzzled individuals who settled enforcement cases from publicly criticizing the agency — is a strategic maneuver to evade judicial review, necessitating a definitive ruling from the nation's highest court. [cite: Original Article Description, 1, 19, 21]

Editorial Team1 min
NCLA Reply Brief Explains Why Supreme Court Must Still Hear SEC Gag Rule First Amendment Case
Economy 2 days ago

Octopus Energy CEO: The Economics of Electrification Have Already Won

Octopus Energy CEO Greg Jackson has declared that the economic argument for electrification has definitively 'won,' a bold assertion made at the ongoing WSJ Leadership Institute CEO Summit in London. Jackson, whose company is a global frontrunner in clean energy, emphasized that while significant policy and market reforms are still needed, the plummeting costs of renewable technologies like batteries mean that transitioning to an electric economy is now the most financially astute path forward, not just an environmental imperative. His comments underscore a pivotal shift in the global energy discourse, challenging conventional wisdom and setting the stage for accelerated investment.

Editorial Team1 min
Octopus Energy CEO: The Economics of Electrification Have Already Won
Economy 2 days ago

'Undervalued' disability workers push for pay rise

Australia's vital community and disability services sector is on the brink of significant upheaval as the Australian Services Union (ASU) launches an 'historic' pay claim for a 35 percent wage increase for 300,000 workers. The union argues that these predominantly female workers have been systematically undervalued and underpaid for decades, a situation exacerbated by rising cost-of-living pressures and a critical workforce shortage threatening the integrity of the National Disability Insurance Scheme (NDIS). The claim, presented to the Fair Work Commission, directly challenges the current economic framework underpinning essential care services.

Editorial Team1 min
'Undervalued' disability workers push for pay rise
Economy 2 days ago

MP questions steel plant reopening

Thailand's industrial regulatory landscape is under intense scrutiny after United Thai Nation Party (UTN) list-MP Atavit Suwanpakdee demanded the Ministry of Industry revisit its controversial June 5 decision to allow Xin Ke Yuan Steel Co Ltd to resume production following an 18-month suspension. The MP's urgent call, backed by the Thailand Structural Engineers Association (TSEA), centers on critical quality control concerns regarding the company's steel, particularly its reliance on Induction Furnace (IF) technology, and its alleged historical lack of a Ladle Refining Furnace (LRF) — a vital component for impurity removal. This move reopens a contentious chapter, as Xin Ke Yuan's SKY-branded steel was implicated in the March 2025 collapse of an under-construction State Audit Office (SAO) building, sparking widespread public safety fears.

Editorial Team1 min
MP questions steel plant reopening
Economy 3 days ago

Amazon issues record-setting Canadian dollar-denominated corporate bond deal - BNN Bloomberg

Amazon has just executed a record-setting C$14 billion (US$10 billion) Canadian dollar-denominated corporate bond deal, marking the largest offering of its kind in Canadian history. This unprecedented move primarily aims to fuel the tech giant's insatiable demand for Artificial Intelligence (AI) infrastructure, underpinning a global borrowing spree by hyperscalers scrambling for capital.

Editorial Team1 min
Amazon issues record-setting Canadian dollar-denominated corporate bond deal - BNN Bloomberg
Economy 3 days ago

Nkayi FMD quarantine lifted

The Matabeleland North Veterinary Directorate has finally lifted the grueling 18-month foot-and-mouth disease (FMD) quarantine in Nkayi district, a move that immediately unchains hundreds of communal farmers from severe livestock movement restrictions. This long-awaited decision, effective after extensive clinical and serological surveillance confirmed the disease's containment, signals a critical step towards economic recovery for a region heavily reliant on its cattle industry.

Editorial Team1 min
Nkayi FMD quarantine lifted
Economy 3 days ago

Schools cutting subjects due to teacher shortage 'crisis'

Secondary schools are actively cutting specialist subjects, including critical language and STEM programs, as the global teacher shortage crisis intensifies into mid-2026, forcing a direct reduction in curriculum offerings. Springfield Public Schools in the US, for instance, has recently eliminated its secondary Spanish dual immersion classes due to budget constraints and low participation, signaling a broader trend where schools sacrifice specialized instruction amidst an acute lack of qualified educators. This immediate contraction of course availability directly threatens student opportunities and national competitiveness.

Editorial Team1 min
Schools cutting subjects due to teacher shortage 'crisis'
Economy 4 days ago

Analysis-How a few AI chip giants warped Asia's stock picking game

Asian markets have been jolted by a 'Black Monday' unwind, as an AI-fueled rally in semiconductor giants like TSMC, Samsung, and SK Hynix abruptly reversed, triggering sharp sell-offs and forcing active fund managers to ditch their top-performing holdings. South Korea's Kospi plunged over 8% on June 8, reflecting growing fears that the eye-watering valuations in the AI sector had run ahead of fundamentals, exacerbated by a disappointing forecast from Broadcom and concerns over higher US interest rates. This dramatic correction highlights a structural trap, where the unprecedented concentration of these AI chip behemoths — comprising nearly a third of the MSCI Asia Pacific ex-Japan Index and over 50% of national benchmarks like the KOSPI — compels fund managers to sell due to risk compliance limits, regardless of underlying performance. The situation has warped traditional stock picking, accelerating a massive flight of capital from active to passive investment strategies across Asia, with billions flowing out of actively managed funds in recent months.

Editorial Team1 min
Analysis-How a few AI chip giants warped Asia's stock picking game
Economy 4 days ago

Taiwan Stock Market Crash: TSMC Stocks Suffer Record Intraday Drop as Taiex Plunges Over 2,600 Points

Taiwan's Taiex index suffered a historic intraday plunge exceeding 2,600 points on Monday, as market heavyweight TSMC (Taiwan Semiconductor Manufacturing Co.) recorded its largest-ever single-day drop. The dramatic sell-off, which wiped NT$3.5 trillion (US$111 billion) from TSMC's market capitalization, mirrored a bruising Friday session on Wall Street, where a stronger-than-expected US jobs report intensified fears of sustained high interest rates stifling the booming artificial intelligence (AI) sector.

Editorial Team1 min
Taiwan Stock Market Crash: TSMC Stocks Suffer Record Intraday Drop as Taiex Plunges Over 2,600 Points
Economy 4 days ago

BitGo MENA Launches Regulated Electronic Trading, Delivering Full Suite Trading Services to the Region

BitGo MENA FZE has officially launched its regulated electronic trading platform in the Middle East and North Africa, operating under a Broker-Dealer license from Dubai's Virtual Assets Regulatory Authority (VARA). This move significantly enhances BitGo's institutional offering in the region, combining existing over-the-counter (OTC) services with advanced electronic execution and segregated custody, directly addressing the burgeoning demand for secure, compliant digital asset solutions from institutional clients.

Editorial Team1 min
BitGo MENA Launches Regulated Electronic Trading, Delivering Full Suite Trading Services to the Region
Economy 5 days ago

Donald Trump says Fed rate increase would be wrong, again calls for cut

Former President Donald Trump has reignited his aggressive public campaign against Federal Reserve policy, lambasting any potential interest rate increase as 'wrong' just days after a surprisingly robust US jobs report for May fueled market speculation of higher borrowing costs. His latest intervention, delivered in a Sunday interview, directly challenges the central bank's independence under its newly installed Chair, Kevin Warsh, whom Trump himself nominated. The May jobs report, which saw the US economy add 172,000 new jobs and held the unemployment rate steady at 4.3%, significantly exceeded expectations, leading many economists to declare immediate rate cuts off the table.

Editorial Team1 min
Donald Trump says Fed rate increase would be wrong, again calls for cut
Economy 5 days ago

Bangladesh developing a globally aligned eye care system

Bangladesh is making a critical move to standardize its eye care sector, with the government unveiling initiatives on June 7, 2026, to establish formal registration and regulatory policies for optometry professionals. This systemic overhaul aims to combat prevalent vision impairment and align with global health standards, poised to enhance public trust and ensure quality eye care for its vast population, particularly in underserved rural areas.

Editorial Team1 min
Bangladesh developing a globally aligned eye care system
Economy 5 days ago

Trump’s top economic adviser issues surprise verdict on latest jobs report

White House National Economic Council Director Kevin Hassett delivered a surprising verdict on the May jobs report, calling it a 'much-needed dose of optimism' for the administration. His bullish outlook, articulated amidst a challenging global economic and geopolitical landscape, provides critical fodder for the White House as it navigates persistent economic headwinds and upcoming policy decisions.

Editorial Team1 min
Trump’s top economic adviser issues surprise verdict on latest jobs report
Economy 5 days ago

Opec+ set for fourth increase in oil output targets since Hormuz closure

Seven core OPEC+ members today announced a fourth consecutive monthly increase in oil output targets for July, adding a symbolic 188,000 barrels per day to quotas even as the ongoing closure of the Strait of Hormuz continues to throttle actual supply. This move, unfolding against the backdrop of a U.S.-Iran conflict that has sparked the largest supply disruption in history, underscores a stark disconnect between policy signals and physical market realities.

Editorial Team1 min
Opec+ set for fourth increase in oil output targets since Hormuz closure
Economy 5 days ago

As OPEC+ meets, Iran war hobbles power to shape oil market

The OPEC+ alliance, meeting today, June 7, is poised to announce another symbolic increase of 188,000 barrels per day (bpd) in oil output targets for July, marking the fourth consecutive monthly hike. This move, primarily driven by a core group of seven members including Saudi Arabia and Russia, comes as the ongoing US war with Iran continues to severely disrupt global oil flows via the critical Strait of Hormuz, effectively hobbling the cartel's ability to genuinely influence market supply and cap surging prices.

Editorial Team1 min
As OPEC+ meets, Iran war hobbles power to shape oil market
‹ Prev1234…20Next ›

Page 2 of 20 · 386 articles

ACUMEN

Context-first journalism for a world overwhelmed by noise.

Get the App

Download for Android

Coverage

  • World
  • National
  • Technology
  • Economy
  • Culture
  • Long Reads

Company

  • About
  • Press
  • Ethics Policy
© 2026 Acumen News. All rights reserved.
PrivacyTermsCookies