Latest in Economy Acute Crisis
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Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - 13h -
The Guardian view on Keir Starmer’s economy: no acute crisis, but chronically weak | Editorial
Labour should ask the Bank of England if it can do more to boost growth. Recent days of market turmoil have elicited some extraordinary responses. The fact that investors are demanding higher rates ...The Guardian - 18h -
Zeldin highlights importance of protecting environment and the economy
Lee Zeldin, President-elect Trump's pick to run the Environmental Protection Agency, focused his opening statement on the importance of protecting the environment, human health and the U.S. economy ...NBC News - 22h -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 1d -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 1d -
Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.The New York Times - 1d -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - 2d -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 2d -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 2d -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - 4d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 4d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 4d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 5d -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - 6d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 6d -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - 6d -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - 6d -
Lawmakers to address college sports NIL 'crisis'
Texas Sen. Ted Cruz said helping the NCAA regulate the booming athlete NIL market will be a "major" priority for the Senate Commerce Committee this session.ESPN - 6d -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
YMCA helps Virginia residents enduring water crisis
Residents in Richmond, Virginia, are still without running water after a storm knocked out power at a treatment facility. Jody Alexander, the president of the YMCA of Greater Richmond, joins CBS ...CBS News - Jan. 9 -
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China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Disaster by the Numbers: The Crisis in Sudan
The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.The New York Times - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
5 things to know about Canada's political crisis
Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal Party, which has dominated its politics for decades, ...The Hill - Jan. 6 -
Moldova blames Russia for energy crisis in breakaway region
People of Transnistria forced to chop wood to heat homes after gas transit deal via Ukraine expiresFinancial Times - Jan. 6 -
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The Pittsburgh Steelers Have an Identity Crisis
The Steelers aren’t who they think they are. They must realize it before it’s too late, a columnist for The Athletic writes.The New York Times - Jan. 6 -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - Jan. 5 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
What America should learn from South Korea’s democratic crisis
Any “us vs. them” dynamic can be dangerous for democracy. But when that divide centers on mutually exclusive visions of a nation, the effects are uniquely detrimental.The Hill - Jan. 3 -
Streeting denies government is delaying tackling UK social care crisis
Veteran Whitehall troubleshooter Louise Casey to lead review into one of the country’s most intractable political problemsFinancial Times - Jan. 3 -
Mikel Arteta battles injury crisis amid Arsenal’s crammed January schedule
Gunners must negotiate nine matches this month but manager says squad is one of the ‘thinnest’ in the top flight. It was at this stage of last season that Arsenal took the opportunity to decamp to ...The Guardian - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
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Former Hostages in Iran Crisis Recall Jimmy Carter’s Quest to Free Them
The Iran hostage crisis became a symbol of a failed presidency, but for some of those who lived it, Jimmy Carter was the one who brought them home at the expense of his political career.The New York Times - Jan. 1
