Latest in Economic Reality
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Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - 12h -
An albatross couple shares egg duty in this captivating low-drama reality show
A popular New Zealand bird “reality show” that each year follows a pair of northern royal albatrosses as they breed and raise a chick has drawn a global audience of devoted fans in its current 10th ...ABC News - 17h -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - 1d -
Infinite Reality raises $3B to increase its immersive tech portfolio
Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.VentureBeat - 2d -
Early ‘forever chemicals’ exposure could impact economic success in adulthood – study
Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...The Guardian - 9h -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - 12h -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - 1d -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - 1d -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’Financial Times - 1d -
Quantum-computing stocks sink as Nvidia CEO delivers a reality check
Shares of Rigetti Computing, Quantum Computing, IonQ and D-Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.MarketWatch - 1d -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - 2d -
A ‘Deeply Uncomfortable’ Reality: Notre Dame Football Is Likable Now
The closest you’ll get to America’s college football team at the moment is the Fighting Irish, a columnist for The Athletic writes.The New York Times - 2d -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - 2d -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - 2d -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - 2d -
The UK music industry is reporting record revenues. The reality is much gloomier | Eamonn Forde
We’re apparently spending more on music than any time since the CD era – but the calculation methods are archaic, and don’t reflect the low incomes for many artists. • News: UK music sales hit ...The Guardian - 2d -
Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - 3d -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - 3d -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - 3d -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - 3d -
Milei’s next economic mission: affordable air fryers
Libertarian leader scraps tariffs to break open Argentina’s protectionist economy, unnerving domestic industryFinancial Times - 3d -
With N.Y.C. Congestion Pricing, Drivers Face a New Weekday Reality
The first Monday commute under New York City’s new tolling plan went smoothly, but officials are still assessing how the program is affecting traffic patterns.The New York Times - 4d -
Trudeau resigns as inflation and other economic woes keep toppling leaders around the world
The move by Canadian Prime Minister Justin Trudeau is a fresh sign of how inflation and other economic headwinds have hammered incumbent parties around the world in the past 12 months.MarketWatch - 4d -
Biden signs Social Security bill, says American retirees deserve 'economic security and dignity'
President Biden on Sunday signed a Social Security bill repealing two statutes that have diminished payouts to public sector workers including firefighters and teachers for years. “The bill I’m ...The Hill - 4d -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - 5d -
Global Mining's Dangerous New Reality: Guns, Hostages, Arrests
Mineral and metal mines in the developing world are caught up in tensions over profits, and host countries are increasingly using force to get a bigger share.The Wall Street Journal - 5d -
Is Europe dream a reality for Bournemouth?
Bournemouth are on a club-record unbeaten run in the Premier League and are just three points off the top four, so could the dream of European football become a reality?BBC News - 6d -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - 6d -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - 6d -
New year’s resolutions: the dream vs the reality: the Becky Barnicoat cartoon
Continue reading...The Guardian - 6d -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
Britain’s economic gloom is overdone
The government can tackle bad vibes with a positive vision for growthFinancial Times - Jan. 3 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2 -
Threadbare facilities, high mortality, cats in the corridors: the realities of life for new Rohingya mothers in Cox’s Bazar
In the world’s largest refugee site, a lack of healthcare coupled with rising gang violence makes the journey to motherhood a perilous one. Photographs by Thomas Cristofoletti/Ruom for the ...The Guardian - Jan. 2 -
Alabama's new reality: The Kalen DeBoer era will never match Nick Saban's run, and Tide fans must accept that
Alabama's performance in the 2024 season is what's to be expected in the years to comeCBS Sports - Jan. 1 -
For a fresh start, forget New Year’s resolutions: ‘There is a better way'—this practical 3-step plan can turn 'wishes into reality'
"Despite our best intentions, many of us struggle to see New Year's resolutions through," says UX researcher Ximena Vengoechea. "There is a better way."CNBC - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1