Latest in Economy Causing Hangover
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Which Countries Warn That Alcohol May Cause Cancer?
A quarter of nations worldwide have health risk labels on alcohol. But only South Korea has a warning about liver cancer.The New York Times - 5d -
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Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - 6d -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - 6d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 6d -
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 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
3 killed in Hawaii explosion caused by illegal fireworks display
A firework explosion in Hawaii has killed at least three people and injured two dozen more. Authorities say a partygoer lit a bundle of aerial fireworks which then fell on its side, setting off ...CBS News - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Psychedelic therapy begins in Colorado, causing tension between conservatives and veterans
Colorado becomes the second state to allow psychedelic therapy this week after two years of rulemakingABC News - Jan. 1 -
At Trevi Fountain in Rome, Tourists’ Coins Go to Good Cause
Who gets to spend the millions of euros in change tossed into the Roman landmark?The New York Times - Jan. 1
