Media's take on economy irks Trump, Bessent says, as poll numbers sink and cost of living still high
President Trump isn't thrilled with the headlines about his economy. Source link
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Economy
The Bard of China’s Gig Economy
Not all of Hu’s jobs were in customer-facing roles. In 2017, he worked at a logistics warehouse for D Company, where the pace was grueling and the tasks—moving pallets, breaking down…
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further easing, as it took steps to boost banking-sector…
Trump Official Fights for His Life as Fox News Grills Him on Economy
The bombs were placed between 7:30 and 8:30 p.m. the night before the Capitol insurrection but weren’t discovered until 15 hours later. While the bombs did not detonate, they were viable…
Trump rolls back Biden-era fuel economy rules, slashing targets for 2031
As the rest of the world speeds ahead toward an electrified future, the U.S. is doubling down on gas-powered cars. President Trump announced a proposal this week to slash stricter fuel…
Trump to roll back Biden-era fuel economy standards that limit air pollution
President Donald Trump on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on automakers to control pollution from…
Layoffs Hit Highest Since Covid-19 Even as Trump Brags About Economy
“John, we’re really looking at the data, the analyses here particularly out of Minneapolis, and other parts of the country where we’re seeing Somalia, there’s widespread fraud,…
Trump’s U-turn on fuel economy rules lifts European carmakers' shares
The Trump administration cast the change, aimed at making it easier for automakers to sell petrol-powered cars Shares of European carmakers jumped between 2.5 per cent and 5 per cent in…
STI slips 0.4% amid fears of US economy slowdown
Across the broader market, decliners edge out gainers 259 to 256 after 1.6 billion securities worth S$1.3 billion change hands The Republic’s benchmark index closed lower on Thursday (Dec…
Trump rolls back 'ridiculous' Biden-era fuel economy standards in bid to lower new-car costs
President Trump announced Wednesday he will eliminate strict fuel economy standards imposed under the Biden administration that have been blamed for driving up the cost of new cars. Source…
Despite a trade war, the world economy is forecast to grow 3.2% this year, OECD says
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its…
Our Economy Is Not Stagnant
Both sides of the political aisle are misleadingly bleak about the state of the American worker. Source link
Vietnam's Digital Economy Set to Hit $39 Billion by 2025
The gross merchandise value (GMV) of Vietnam's digital economy is expected to increase from $34 billion in 2024 to $39 billion in 2025. With a 17% increase to $25 billion, e-commerce…
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s central bank may need to raise interest rates as…
The Download: AI and the economy, and slop for the masses
There's a lot at stake when it comes to understanding how AI is changing the economy right now. Should we be pessimistic? Optimistic? Or is the situation too nuanced for that? Hopefully,…
Video: What the Jobs Report Tells Us About the Economy
new video loaded: What the Jobs Report Tells Us About the Economy What does the September jobs report, delayed by six weeks because of the government shutdown, say about the economy? Lydia…
Are we in a K-shaped economy? Delayed employment numbers could reveal recession odds
The gap between the richest and poorest Americans is widening in what Federal Reserve Chairman Jerome Powell has called a “bifurcated economy,” as the cost of living skyrockets from…
‘Odd Lots’ Cohost Joe Weisenthal Has Predictions About How the AI Bubble Will Burst
If you read any of WIRED’s recent AI edition, you know that lots of people are spending lots of time talking about how the technology is revolutionizing pretty much everything—from coding…
Vietnam Ramps Up Efforts to Develop "Silver Economy" as Ageing Speeds Up
With policymakers warning that the country is entering one of Asia's fastest aging phases, Vietnam is attempting to position its rapidly expanding elderly population as a new source of…
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In Indonesia, travellers and even locals have long grappled…
‘Tis Retail Earnings Season in the ‘K Economy’
Before the turkey comes out of the oven and the Black Friday doorbusters are set, some of the U.S.’ biggest retailers will turn in their third-quarter earnings reports. Results due from…
The shutdown is over. An expert explains what’s next for the economy
After 43 days, the U.S. government shutdown finally came to an end late on November 12, when Congress voted through a long-overdue funding bill, which President Donald Trump promptly…
South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year The digital economies of South-east Asia are projected to hit a revenue of US$100 billion in 2025,…
Private funding in South-east Asia’s digital economy lags global level: report
Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global growth rate of 25 per cent…