Latest in Economy Grew Again
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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 - 15h -
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 - 2d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 2d -
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 - 2d -
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 - 2d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 2d -
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 - 3d -
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. - 4d -
Timeline shows warnings escalated quickly as L.A. fire danger grew
CBS News examined public statements and warnings to trace how authorities sounded the alarm about the L.A. fires as conditions worsened. Here's what we know.CBS News - 4d -
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 - 4d -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - 4d -
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U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 4d -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - 4d -
Can Democrats Be the Party of the Future Again?
Ro Khanna, a progressive from Silicon Valley, on Big Tech’s rightward lurch.The New York Times - 4d -
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Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 5d -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - 5d -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - 5d -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - 5d -
Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation
Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...CBS News - 5d -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - 5d -
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 - 6d -
'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 - 6d -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - 6d -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 6d -
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 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Congress, once again, is getting older
Congress is older, again, and baby boomers in the House and Senate are losing seats to Generation X and millennials.NBC News - Jan. 3 -
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 - Jan. 3 -
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 -
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