The News

Bitcoin tops $120,000 for the first time

Bitcoin surpassed $120,000 for the first time today, marking a milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Bitcoin scaled a record high of $123,153.22 before pulling back slightly to trade 2.4% higher around $122,000. Later in the day, the US House of Representatives will […]

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Budget 2026 must be ‘sensible and prudent’ – Ibec

Business group Ibec has said Budget 2026 must be “sensible and prudent” given the fragile global environment. Launching its pre-budget submission, it urged the Government to take a “measured and strategic approach”. The group has also called for targeted investment in areas that enhance productivity and competitiveness. It said sound economic policy must focus on […]

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Is the big AI job displacement already under way?

The impact of artificial intelligence (AI) on employment came into sharp focus this week. On Tuesday, Minister of State with responsibility for AI Niamh Smyth, told the Oireachtas Committee on Artificial Intelligence that there will be a certain amount of job displacement because of AI. Also this week, the latest ‘Employment Monitor’ from recruitment firm […]

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Over 2,100 pub closures in last 20 years, report finds

More than 2,100 pubs across the country have closed since 2005, according to a new report. The study, commissioned by the Drinks Industry Group of Ireland (DIGI), found that an average of 112 pubs stopped trading every year over the last 20 years. DIGI said the report concluded the number of pubs in Ireland is […]

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Next fortnight crucial for Ireland amid US tariff threats

There’s no doubt US President Donald Trump’s threat of 30% tariffs is a significant blow to both the European Union and Ireland. Earlier this week, Taoiseach Micheál Martin expressed hopes that Brussels and Washington could agree a framework deal which would pause any escalation in trade tensions. But Mr Trump’s letter to the EU, dated […]

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Real economy to continue to grow this year despite global uncertainty

There will be continued strong growth in the real economy between this year and 2027, according to forecasts by Davy, despite global uncertainty. At the same time, though, the stockbroker has downgraded its forecast for housing completions this year. Ireland’s gross national income – a measure which excludes multinational activity – expanded by 4.8% last […]

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