Trump Is Desperately Trying to Rig Economic Data in His Favor
On Friday, Donald Trump fired Erika McEntarfer, the head of the Bureau of Labor Statistics, for the crime of doing her job. Earlier that day, the BLS had released new jobs numbers that…
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Economic
Trump has 'set up an active search' for the next Fed chair, White House economic adviser says
President Trump has "set up an active search" to decide who to appoint as the next Federal Reserve chair when Jerome Powell's term expires, White House economic adviser Kevin Hassett says.…
National Economic Council director Kevin Hassett: Overhaul of 'unreliable' jobs numbers needed
White House economist Kevin Hassett said Sunday the monthly jobs numbers are "unreliable" and "not keeping up with the economy," as he suggested overhauling the formula used to calculate…
Oil prices dip to settle at three-week low on US and China economic concerns
Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China and signs of growing supply. Losses were limited…
This old-school hobby is helping Hasbro defy economic headwinds
Hasbro Inc. (Nasdaq: HAS), the brand responsible for iconic games like Monopoly, Jenga, and Magic: The Gathering, saw its shares tick upward over 3% in premarket trading on Wednesday. The…
Increasing affluence continues to fuel housing demand and prices, but economic uncertainty could test market: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a cocktail of challenges could test the otherwise resilient…
Rising affluence, rate cuts fuelling housing market, but economic uncertainty is a wild card: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a cocktail of challenges could test the otherwise resilient…
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first half of the year rose 5 per cent, beating…
Trump cuts tariffs in deals with Japan and others, but Asia braces for economic fallout
U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher…
How Black Capitalists are unlocking access to economic power
Dr. Rachel Laryea is an asset wealth management researcher at JPMorganChase and the founder of Kelewele, a cultural lifestyle brand that creates bespoke African travel experiences and…
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European Union’s latest sanctions against Russia for its…
Fed’s New York president says tariff economic impact is only just starting
US Federal Reserve Bank of New York President John Williams said that monetary policy is in the right place to allow central bankers to monitor the economy before taking their next steps,…
White House economic adviser says EU, Mexico tariffs driven by desire for 'better' trade deals
The top White House economic adviser said Sunday that President Trump is threatening to slap tariffs on some of the nation's biggest allies because he is not happy with the direction of…
New Economic Plan, Old Economic Folly
The protectionist agenda of national conservatives strikes me as nonsensical. Source link
The European Union’s Economic Double Standard with America Must End
The EU can’t have it both ways: relying on American technological leadership while building an entire policy framework around curbing it. Source link
Gold inches higher as dollar softens, focus shifts to US economic data
Markets are awaiting US GDP data due later in the day and Personal Consumption Expenditures data on Friday Gold prices nudged higher on Thursday (Jun 26), supported by a softer US…
Banks critical to help companies in more protectionist global economic order: Gan Kim Yong
Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister Gan Kim Yong, who is also minister for trade and…
These are the top 10 emerging technologies of 2025, according to the World Economic Forum
Breakthroughs happen all the time in the tech world, but only a select few manage to make a lasting impact. Predicting which innovations will shape the future is always a challenge. On…
DBS expects economic value from its use of AI to exceed S$1 billion in 2025
Banks are ramping up their use of artificial intelligence (AI), and DBS – which has earned S$750 million through its use of the technology – estimates that its economic value could surpass…
Inditex Sales Slow as Economic Headwinds Hit the High Street
PARIS — Zara parent company Inditex is starting 2025 on its back foot, with lower-than-expected sales in the three months to April 30. Sales rose 4.2 percent at constant currency, a…
Unlock Africa’s economic potential through open trade
Recent tariff announcements have caused significant disruption across global markets and economies. Subsequent changes and postponements—including negotiations between major economies like…
Global Fashion Agenda Addresses Sustainability’s Struggles: Uncertainty Looms Amid Policy Shifts, Economic Pressures and Tariffs
COPENHAGEN — Does sustainability stand a chance in a world where it is being increasingly de-prioritized amid shifting government policies, mounting tariffs and more conservative political…
L.A.’s Independent Jewelers on Economic Shifts and Consumer Demand
With global economic uncertainty reshaping luxury markets, the fine jewelry industry is undergoing its own transformation. Independent designers are at the heart of the shift, navigating…
US economic activity declines as tariffs pressure prices, Fed says
The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three months Economic activity declined slightly in the US in recent…