Fed Chair Warns the Economy Is Even Worse Than We Realized
The ruling was in response to a lawsuit from Friends of the Everglades, the Center for Biological Diversity, and the Miccosukee Tribe alleging that construction on the new facility was…
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Economy
The Economic Consequences of Donald Trump
America’s highly compromised public finances require that it do everything to promote economic growth to help manage the debt burden. Source link
RBNZ seen resuming rate cuts as focus shifts to wilting economy
New Zealand’s central bank is expected to cut interest rates this week, resuming its easing cycle after a pause in July as the economy shows signs of stalling. The Reserve Bank of New…
Data shows China’s economy lagged in July due to Trump’s tariffs
China’s economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on…
Vietnam wants to be the next ‘tiger economy.’ Here’s how
Beneath red banners and a gold bust of revolutionary leader Ho Chi Minh in Hanoi’s central party school, Communist Party chief To Lam declared the arrival of “a new era of development”…
How to Gauge the Strength of Trump’s Fact-Free Economy
Don’t tell Trump, but the underlying data of the CPI report is less reassuring than the topline figure. When you strip out groceries and gas, the prices of which are highly volatile,…
Trump’s BLS Pick Has Perfect Solution to Trash Economy: Hide the Data
“Trump’s got all federal agencies kind of coming together for seven days, going out, trying to stop the violent crime, all kinds of stuff. So we’re out here contacting people, talking to…
Trump Threatens Legal Action Against Jerome Powell as Economy Tanks
“I’m announcing a historic action to rescue our nation’s capital from crime, bloodshed, bedlam, and squalor, and worse,” Trump told a packed room of reporters. “This is Liberation Day in…
Trump Loses It as Elizabeth Warren Exposes His Terrible Economy
Jonathan Thompson, executive director and CEO of the National Sheriffs’ Association, told NBC the move was “inappropriate behavior of a partner organization,” adding, “We’re all on the…
US: Stocks tumble as weak jobs report adds to doubts on economy
Wall Street stocks finished sharply lower Friday (Aug 1) following a weak July jobs report that raised concerns about US economic health. Major US indices fell 1.2 per cent or more…
Trump Fires BLS Chief After Jobs Report Reveals How Bad Economy Is
Trump on Friday proved that fears about the president manipulating official data in his favor are founded, as he fired Erika McEntarfer, the commissioner of the Bureau of Labor Statistics,…
The economy is limping, not booming, and the costs of Trump’s tariffs can be seen all over this week’s data
If you’re interested in understanding the current state of the U.S. economy and corporate America, and what the rest of the year might look like (and who isn’t?), this was the week for…
Trump Is Now Running the Worst Economy Since His Last Term in Office
The last time America’s job numbers were this bad—besides the pandemic—was during the Great Recession. Revisions to the last three months of job reports have moved the three-month growth…
Trump Adviser Reminded on Live TV About Last Time Economy Was This Bad
Homeland Security Secretary Kristi Noem put Nepalese, Honduran, and Nicaraguan immigrants next on the chopping block, claiming that the situations in their home countries no longer…
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than three months ago, keeping alive the possibility of a…
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as European Central Bank (ECB)…
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
[KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to “extremely high” uncertainty over trade policy,…
OpenAI's New CEO of Applications Strikes Hyper-Optimistic Tone in First Memo to Staff
OpenAI’s incoming CEO of applications, Fidji Simo, sent her first note to staff on Monday, telling employees the tools they’re developing “will unlock more opportunities for more people…
How to get funding in this economy: advice from an angel investor
The first company I built was in 2008; we closed our seed round in May, the housing crisis hit in August, and the world collapsed. I distinctly remember Sequoia Capital’s “RIP good times”…
Welcome to the Anxiety Economy, where safety sells and streaming is optional
Americans are seriously worried about their finances. Between high costs of living, tariffs, and job instability, driven, in part, by AI, the added anxiety means that consumers’ spending…
Asia: Markets mixed as China’s economy meets forecasts
Markets were mixed on Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald…
China’s gig economy booms as blistering heat leaves workers exposed
On a scorching morning in Beijing, Hao and a dozen other food delivery drivers sweltered outside a hot-pot restaurant. They smoked. They swiped through videos. They waited for the next…
Doublet Spring 2026: Eggs – In This Economy?
Waste not, want not. And Doublet’s Masayuki Ino wouldn’t disagree, particularly when it comes to produce. On Sunday morning, guests sat on haystacks in an urban garden in eastern Paris…
Wall Street’s booming June is big bet against economy doomsayers
Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global trade war, igniting a buying frenzy in…