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Economics Headlines
Iran war, oil price surge worsen K-shaped economy, say economists cnbc.com
Rising oil prices and the fallout of the U.S.-Iran war are worsening the economic divide, experts say.
Source: cnbc.com
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy fortune.com
The fast food giant’s affordability push comes as lower-income consumers pull back on spending.
Source: fortune.com
US lawmakers Murphy, Casar push legislation to regulate prediction markets aljazeera.com
The legislation aims to prevent bets made based on insider knowledge of wars, economic policy and controllable events.
Source: aljazeera.com
Rubio calls for new Cuban leaders as blackout underscores economic crisis pbs.org
Rubio, who is of Cuban heritage, said the current government is incapable of addressing its economic problems.
Source: pbs.org
Canadian Dollar’s Resilience at Risk as Central Bankers Meet bloomberg.com
One of the most resilient currencies of early March — the Canadian dollar — is at risk of losing its edge as the nation’s central bankers gather this week to assess its weakened economy.
Source: bloomberg.com
A typical U.S. family needs annual income of $145,000 to thrive, study finds. About half fall short. cbsnews.com
Source: cbsnews.com
Lula Revamps Economic Team Ahead of Brazil Elections bloomberg.com
Brazil is set for a shakeup at the top of its economic team just months before presidential elections, with a new lineup that will need to signal President Luiz Inacio Lula da Silva’s policy direction through 2027.
Source: bloomberg.com
Opinion | How to Hollow Out Your State’s Economy wsj.com
Lieu wants Trump to send Hassett to every swing district to talk economy thehill.com
A top House Democrat is calling on the White House to send National Economic Council Director Kevin Hassett to swing districts around the country to talk about the administration’s approach to cons…
Source: thehill.com
‘100% completely unsustainable as a society.’ Billionaire advisor calls out widening inequality that leaves America’s poorest 80% ‘falling behind’ fortune.com
The economy looked to be in relatively decent shape for most of last year, but that might only be true for a minority of Americans.
Source: fortune.com
New economic projections signal a tricky Federal Reserve path axios.com
Inflation is running hotter than expected, even before the Iran war’s impact materializes in the data.
Source: axios.com
Christopher A. Sims, 83, Dies; Won Nobel for Modeling Economic Policy nytimes.com
He and Thomas J. Sargent shared the prize in 2011 for devising statistical tools to help guide economic policymakers.
Source: nytimes.com
Hassett says consumer pain over Iran war ‘the last of our concerns right now’ thehill.com
National Economic Council Director Kevin Hassett on Tuesday said that the economic toll that American consumers are feeling as a result of the U.S.-Israeli conflict with Iran is “the last of …
Source: thehill.com
Inflation crisis turns five and still reshapes the economy usatoday.com
The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates.
Source: usatoday.com
Cuba suffers nationwide blackout after announcing economic reforms nbcnews.com
It’s been three months since a drop in oil prices reached the country, and the highways are empty.
Source: nbcnews.com
