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Economics Headlines
North Carolina’s labor force is shrinking, NC Commerce reports wlos.com
North Carolina’s economy is growing, but the pool of people available to work is getting smaller.
Source: wlos.com
Trump moves to restrict birthright citizenship after SCOTUS loss, checking his economy claims apnews.com
Trump pushes Senate to pass reconciliation, while expert says safety & AI help economy katu.com
Former Trump White House economic adviser Steve Moore says congressional Republicans face a critical test as they work to advance the reconciliation bill.
Source: katu.com
K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle cnbc.com
Even as luxury homes fly off the market, sales of starter homes are down despite growing inventory and more price cuts, research shows.
Source: cnbc.com
U.S. economy unexpectedly lost 23,000 jobs in July cnbc.com
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
Source: cnbc.com
China’s New Export Engine: Supplying the Factories of the World wsj.com
No longer just a producer of cheap consumer goods, China is exporting more high-value items that underpin global manufacturing.
Source: wsj.com
Texas candidates focus on economy as social issues take a back seat washingtonpost.com
Senate contenders James Talarico and Ken Paxton unveil dueling economic plans as this year’s campaigns turn from the culture wars that defined the state’s 2024 vote.
Source: washingtonpost.com
Jobs Report Live Updates: Employment Data to Give Latest Look at Slow but Steady Market nytimes.com
U.S. employers have added a solid number of jobs and the unemployment rate has held firm in recent months. New data is due for release on Friday.
Source: nytimes.com
Americans react to high gas prices, economic concerns: ‘You have to make cuts somewhere’ abcnews.com
Why The Hydrogen Economy Is Taking Longer Than Promised forbes.com
Hydrogen hasn’t disappeared, but reality has caught up with the hype. As costs, geopolitics and policy reshape the market, the industry’s next phase begins.
Source: forbes.com
“No escape:” Inside Rubio’s Cuba pressure campaign axios.com
“What we’re trying to teach them is, there are no escape valves,” Rubio told Axios.
Source: axios.com
The problem with the Fed going quiet washingtonpost.com
July jobs report puts economy in focus foxnews.com
The Big Money Show’ co-host Taylor Riggs reacts to the July jobs report forecast and slams House Democrats’ proposed tax on artificial intelligence companies. Riggs warns that taxing AI will hinder American innovation and progress.
Source: foxnews.com
China’s exports jump 23% in July, beating estimates; imports cool cnbc.com
China’s exports rose more than expected in July, as global demand for high-tech components continues to absorb the country’s manufactured goods.
Source: cnbc.com
Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks cnbc.com
Trump’s reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.
Source: cnbc.com
