Latest in Distort Economic Narratives
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Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - Yesterday -
China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.Business - CNBC - October 14 -
Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson
The winner of the award, officially the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," receives $1 million.Business - CNBC - October 14 -
The Nobel economics prize is awarded to 3 experts for research into differences in prosperity between nations
The Nobel economics prize is awarded to 3 experts for research into differences in prosperity between nationsWorld - ABC News - October 14 -
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.Business - The New York Times - October 15 -
U.S. business inventories expand for fifth straight month in August, bolstering economic outlook
Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.Business - MarketWatch - October 17 -
China posts slowest economic growth in 18 months as optimism fades over stimulus
Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector. China posted its slowest growth in a year and a half on ...World - The Guardian - October 18 -
Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says
Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...Business - MarketWatch - October 19 -
Harris and Cheney talk economy, women’s health and Trump in Michigan campaign event – US elections live
VP and former Republican congresswoman meet voters in swing state; Trump holds rally in North Carolina. Don’t miss important US election coverage. Get our free app and sign up for election ...World - The Guardian - October 21 -
Final jobs report before election likely to see hurricane impact — masking some economic gains
The U.S. economy remains on solid footing.Top stories - NBC News - October 23 -
Trump's economic plan could speed up Social Security insolvency, analysis suggests
A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a ...Top stories - CBS News - October 23 -
Despite steady gains, economic concerns persist among some young men. That could tip the election.
They’re a group that previous presidential candidates may have overlooked.Top stories - NBC News - 6 days ago -
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.Business - CNBC - 4 days ago -
Diamond-rich Botswana holds an election with new economic challenges for a long-ruling party
Botswana will vote in a national election this week that will decide whether the ruling party extends a 58-year stretch in power in a southern African country that is a leading diamond producer and ...World - ABC News - 4 days ago -
‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone
The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed.Business - CNBC - 3 days ago -
Japan's political instability could cloud economic policy, herald 'revolving door' of prime ministers
Analysts predict a short tenure for Prime Minister Shigeru Ishiba, with one noting that Japan could return to an era of "revolving door" prime ministers.Business - CNBC - 3 days ago -
Would Trump be inflationary? His supply-driven growth will lower prices, economic adviser argues.
Economist Kevin Hassett — viewed as in the running to become Federal Reserve chair in a second Trump administration — on Tuesday defended the Republican presidential nominee’s policies from the ...Business - MarketWatch - 3 days ago -
Elon Musk predicts ‘hardship,’ economic turmoil and a stock-market crash if Trump wins
Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.Business - MarketWatch - Yesterday -
US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...World - The Guardian - 2 days ago -
10-year Treasury yield hovers near 3-month high as traders digest economic data
The yield on the 10-year Treasury note hovered near a three-month high as traders combed through a fresh batch of mixed data.Business - CNBC - 2 days ago -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - 2 days ago -
Nevada is in a profound economic rut. Its working-class voters could swing the election
Workers have been struggling to keep up with rising costs. Trump and Harris are hyper-focused on winning them over. Urbin Gonzalez could be working inside, in the air conditioning, at his regular ...World - The Guardian - Yesterday -
Black business leaders make a final push for Harris' economic plans to Black men
Black business owners and leaders are becoming more vocal in their support for Kamala Harris, praising her agenda over Donald Trump's.Business - CNBC - 2 hours ago -
US election live: Trump holds rally in Atlanta after Georgia sees record first day of early voting
More than 250,000 voters cast ballots on day one of in-person early voting. Don’t miss important election coverage. Get our free app and sign up for election alerts Joe Biden is in his home ...World - The Guardian - October 16