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News Headlines
Venezuela Airport Reawakens in Early Sign of Economic Recovery bloomberg.com
How to Rebuild Cuba’s Crumbling Economy bloomberg.com
A Cuba expert imagines a bold reform plan drafted in Havana and blessed by Washington.
Source: bloomberg.com
Trump’s America First dreams collide with economic reality bostonglobe.com
Tariffs, and now fallout from the war in the Middle East, have been counterproductive to the president’s economic goals.
Source: bostonglobe.com
US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate seattletimes.com
The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate.
Source: seattletimes.com
China’s Economic Sanctions Against Japan: An Assessment thediplomat.com
How the NFL Draft could reshape our economy axios.com
An economic analyst says the event could bring long-term growth beyond a short-term boost.
Source: axios.com
How Trump’s tax law boosts the wealthy and leaves behind some workers he promised to help nbcnews.com
President Donald Trump pledged “no tax on tips, no tax on overtime, no tax on Social Security.” For some who are filing their taxes this year, the reality is different.
Source: nbcnews.com
An under-the-radar warning signal is flashing in the US housing market businessinsider.com
Foreclosure-related requests for legal help have spiked to their highest level since the early days of the COVID-19 pandemic. LegalShield said.
Source: businessinsider.com
Extent of Damage to Middle East Energy Facilities Key to Economic Impact, OECD Says wsj.com
EXCLUSIVE: The impact of the conflict in the Middle East on global growth and inflation will partly depend on the damage caused to energy infrastructure, the chief economist of the Organization for Economic Cooperation and Development said.
Source: wsj.com
France’s Lescure Says Iran War Economic Impact Moderate for Now bloomberg.com
French Finance Minister Roland Lescure said the impact of the Iran war on the economy is moderate for the moment and growth is on track to match the government’s expectations if the conflict doesn’t deteriorate.
Source: bloomberg.com
Jet lag: Is Pittsburgh International Airport feeling effects of regional economy’s struggles? post-gazette.com
Even as Pittsburgh International Airport continues to add new routes — including one to Ireland next month — the region’s economic stagnation…
Source: post-gazette.com
Thai Central Bank Vows to Keep Rates Steady to Support Economy bloomberg.com
The Bank of Thailand will keep its interest rate at the current level “for as long as possible” to support the economy, even though inflation is set to accelerate due to the Middle East conflict, according to Governor Vitai Ratanakorn.
Source: bloomberg.com
Delta CEO said affluent passengers are immune to geopolitical conflict businessinsider.com
Ed Bastian said that, unlike last year when people were “frozen” by tariff uncertainty, premium passengers are less affected by geopolitical conflict.
Source: businessinsider.com
New Zealand Central Bank Governor Vigilant to Inflation Threat wsj.com
Gov. Anna Breman said her immediate objective was to get inflation back to the midpoint of the central bank’s 1% to 3% inflation target.
Source: wsj.com
Iran oil shock stirs memories of 1997 Asian crisis — but here’s why history may not repeat itself cnbc.com
The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikly.
Source: cnbc.com