Latest in Economic Boom Mirage
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Germany’s top economic panel gripped by strife amid internal lawsuit
Council of Economic Experts is grappling with dispute with one member over how to address potential conflicts of interestWorld - Financial Times - November 4 -
How the 'vibecession,' global economic uncertainty are influencing investors this election year
More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.Business - CNBC - November 5 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - November 5 -
Exit polls 2024: Deep economic discontent with Biden drove voters to Trump
Broad economic discontent and sharp divisions about the nation’s future mark voter attitudes nationally in ABC News' preliminary exit poll results.Top stories - ABC News - November 6 -
Trump leverages economic discontent, extends his appeal -- and breaks mold: ANALYSIS
While ABC News had not projected a winner by early Wednesday morning, Trump's performance broke the mold across a variety of measures.Top stories - ABC News - November 6 -
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Europe praises Trump's victory amid wider fears of an impending economic nightmare
European leaders are congratulating Donald Trump for his victory, while sources add the outcome is not as shocking as when he clinched victory in 2016.Business - CNBC - November 6 -
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.Business - The New York Times - November 6 -
Trump’s Newest Economic Guides Are Not Like His Old Ones
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.Business - The New York Times - November 7 -
2 million at risk of starvation in Myanmar state amid ‘total economic collapse’
Exclusive: a UN report will accuse the military of imposing ‘collective punishment’ on Rakhine state, more than three years after seizing power in a coup . Two million people in Myanmar’s Rakhine ...World - The Guardian - November 7 -
New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.Business - Inc. - November 7 -
Investors cheer Trump’s economic agenda, defying gloomy media
Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response was almost as stunning.Politics - The Hill - November 8 -
Harris's inability to address the economic concerns of families doomed her campaign
Donald Trump is poised to do more damage in his second term, while Vice President Kamala Harris failed to make history as the first female president, and Democrats must embrace aggressive populist ...Politics - The Hill - November 9 -
Democratic Rep. Ro Khanna says party needs "to be emphasizing the economic issues"
After President-elect Donald Trump won the White House and Republicans are poised to take control of the Senate, Democratic Rep. Ro Khanna tells "Face the Nation with Margaret Brennan" that the ...Top stories - CBS News - November 10 -
Rep. Ro Khanna says Democrats need "to be emphasizing the economic issues"
Rep. Ro Khanna said Democrats "need to be emphasizing the economic issues" after bruising defeats in the 2024 election.Top stories - CBS News - November 10 -
America Voted for Economic Change in Trump. They Just Might Get It
Despite appearance of a healthy economy, Americans are looking for a shake up.Business - Inc. - November 10 -
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.Business - The New York Times - November 12 -
Family offices becoming 'economic powerhouse' in private company deals
Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey.Business - CNBC - November 12 -
Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.Business - The New York Times - November 13 -
Investors want more urgency from Europe in tackling its economic problems
Competition with the US looks set to intensify with Donald Trump heading to the White House againWorld - Financial Times - November 16 -
Lewandowski: Trump to unveil administration’s economic picks next week
Corey Lewandowski, a senior adviser on President-elect Trump’s campaign, said the incoming president will unveil the administration’s economic picks next week. “But next week is when the ...Politics - The Hill - November 16 -
How Trump’s Tax Cuts and Tariffs Could Turn Into Law
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.Business - The New York Times - 4 days ago -
Faulty data overstates surge in UK economic inactivity, finds report
Problems with ONS labour market survey have given ‘overly pessimistic picture’, says Resolution FoundationWorld - Financial Times - 4 days ago -
Pivoting in politics, tech, antitrust and economic growth | Gary Shapiro interview
Gary Shapiro, the CEO of the CTA, is blunt when he articulates his views of politics, tech, antitrust law and economic growth.Tech - VentureBeat - 3 days ago -
Treasury yields steady as traders weigh increased Russia-Ukraine tensions
Thursday’s rally in U.S. government debt faded as trading progressed, leaving yields little changed again, as market participants assessed media reports that Russia had fired missiles on Ukraine.Business - MarketWatch - 2 days ago -
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Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomesWorld - ABC News - Yesterday -
Democrats need less identity politics, more practical economics
Democrats must shift their focus from divisive identity politics to practical economic needs, such as helping those without college degrees gain skills and good-paying jobs, reducing the cost of ...Politics - The Hill - 10 hours ago -
NFL punt of the year? Jaguars' Logan Cooke booms 73-yarder that pins Packers at their 2-yard line
The Jaguars punter had what could be the punt of the year, booming a 73-yard kick that pinned the Packers back at their 2-yard line.Sports - Yahoo Sports - October 27 -
Booms and Busts: Browns, Bucs and Dolphins go from potential fantasy football afterthoughts to bringers of hope
Scott Pianowski breaks down Sunday's fantasy highs and lows, including Jameis Winston breathing new life into the Browns.Sports - Yahoo Sports - October 27 -
AI boom thrusts Europe between power-hungry data centers and environmental goals
The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...Business - CNBC - October 29 -
Colts' Anthony Richardson has been most boom-or-bust quarterback since merger; will he turn it around?
Richardson was benched for Joe Flacco on Tuesday amid his early-season strugglesSports - CBS Sports - October 29 -
We're hiking our price target on an industrial whose earnings benefit from AI data center boom
Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.Business - CNBC - October 31 -
Fantasy Football Booms and Busts: Derrick Henry headlines monster Week 9 for veteran RBs
Scott Pianowski breaks down Week 9's fantasy highs and lows, including Derrick Henry continuing to be an ageless wonder.Sports - Yahoo Sports - November 3