Latest in Tank Lowers Economic
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Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 1h -
South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. ...ABC News - 14h -
Who’s using AI the most? The Anthropic Economic Index breaks down the data
Anthropic uncovers AI's true workforce impact: 57% augmentation vs 43% automation across industries, based on 4 million Claude interactions.VentureBeat - 1d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 2h -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 7h -
Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes
Iran has lifted import bans on expensive goods like foreign cars and new iPhones, yielding to public demand for the products while also trying to mask the dire straits of its economyABC News - 14h -
New Zealand government loses ground in polls as economic concerns grow
1News Verian poll shows Christoper Luxon dropped 22% in the preferred prime minister stakes, his lowest result as leader. New Zealand’s National-led coalition government is losing support among ...The Guardian - 18h -
The Guardian view on Trump’s trade betrayal: rhetoric hides trickle-down economics on steroids | Editorial
The US president’s tariffs pose as worker protection, but they’re a smokescreen – his bluster trades US credibility for a $4.6tn tax-cutting giveaway to the rich. In 2020, Donald Trump scrapped the ...The Guardian - 1d -
Here’s the biggest economic threat from Trump’s planned immigration crackdown, according to Goldman Sachs
Should those arrests and deportations pick up, it could have economic consequences, depending how aggressive authorities get.MarketWatch - 1d -
Reform Isas to boost UK economic growth
It is high time the tax system encouraged more economically productive behaviour than parking funds in a cash accountFinancial Times - 1d -
The 180-Year-Old Economic Principle Everyone Is Suddenly Talking About Thanks To AI
Jevons Paradox has found a new audience with AI evangelists.Inc. - 2d -
You may not like Trump, but his power grab for the economic levers is right. Liberals, take note! | Leah Downey
The US president has recognised something that is rarely acknowledged: monetary policy is political. The question is how to make it democratic. If I asked you to list the things that make ...The Guardian - 2d -
‘What’s high tech about clothing?’ Life on the margins of China’s economic reboot
The poor urban neighbourhoods that powered a manufacturing boom are once again on the front lines of Beijing’s plansFinancial Times - 2d -
Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no
Philadelphia Super Bowl and World Series wins have historically coincided with stock market calamity. But these types of "fun" indicators aren't reliable.CNBC - 3d -
China’s economic miracle appears to be in the past. Here’s why the future looks bleaker and bleaker.
Weak consumption, an aging population and an exodus of personal wealth from the country put China on a perilous path.MarketWatch - 3d -
Sutherland will need full tank for Scotland to end losing run against Ireland
Prop banking on final-quarter heave to buck the trend and dent holders’ hopes of three Championship titles in a row. We were introduced to the term Gambler’s Fallacy this week. Our rough ...The Guardian - 3d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 3d -
After another limited free-agent market, MLB faces a new economic problem
If Alex Bregman and Pete Alonso can't get the deals they want, what does that mean for MLB free agency as a whole?Yahoo Sports - 4d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d