Latest in Worrying Economic
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Political Turmoil Adds to the Economic Woes of South Korea
Even before a short-lived declaration of martial law thrust the country into crisis, the economy faced grim prospects.The New York Times - Dec. 6 -
U.S. trade deficit narrows sharply in October on dissipation of worries about port strike
The trade sector could end up becoming a positive contributor to fourth-quarter gross domestic product.MarketWatch - Dec. 5 -
Powell says he's not worried about the Fed losing its independence under Trump
Federal Reserve Chair Jerome Powell spoke Wednesday at the New York Times DealBook conference.CNBC - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Hawks' Zaccharie Risacher on handling pressure of being a top pick and why cold shooting start wasn't a worry
The No. 1 pick in the 2024 NBA Draft isn't lighting up the box score, but he's improving steadily on both endsCBS Sports - Dec. 4 -
OpenAI CEO 'not that worried' about Elon Musk's influence in Trump administration
OpenAI CEO Sam Altman is locked in a legal dispute with rival Elon MuskABC News - Dec. 4 -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot
The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...The Guardian - Dec. 4 -
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France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.CNBC - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Pete Hegseth's drinking worried colleagues at Fox News, sources tell NBC News
Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, drank in ways that concerned his colleagues at Fox News, according to 10 current and former Fox employees who spoke with NBC ...NBC News - Dec. 3 -
'It feels like a coup' - chaos sparks worry in South Korea
One Seoul resident said the president's shock announcement on Tuesday felt like "a coup d'état".BBC News - Dec. 3 -
'I worry every second': Mother of only British hostage in Gaza fears for her life
Mandy Damari tells the BBC she is increasingly concerned for her daughter Emily, who has been held for more than 400 days.BBC News - Dec. 3 -
Trump’s economic plans may encounter a problem many Americans know all too well: Crushing debt
None of President-elect Donald Trump’s plans for boosting domestic production have “a chance” unless this happens, says one economist.MarketWatch - Dec. 3 -
Google Worried Israeli Contract Could Enable Human Rights Violations
The tech giant, which has defended the deal to employees who oppose supplying Israel’s military with technology, feared the project might damage its reputation.The New York Times - Dec. 3 -
Economic hardship looms over Ghana as country readies for polls
Election is being contested between vice-president Mahamudu Bawumia and former president John Mahama, under whom corruption ballooned. When the Ghanaian opposition leader Nana Akufo-Addo won the ...The Guardian - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Here’s a surprising reason most boomers are worried about moving to a senior residence
A new survey points to the importance of quality meals as a key driver to win over older adults.MarketWatch - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2