Economics Headlines

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British Shoppers Tap Savings Buffers to Ride Out Economic Pain bloomberg.com

Jul 30 26 @ 12:58
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Since the pandemic, British families have been building a financial buffer for when they might need it most. That time seems to have come.

Source: bloomberg.com

How exposed is the UK economy to the second China shock? ft.com

Jul 30 26 @ 12:57
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Less so than some of its G7 partners but not entirely immune

Source: ft.com

Consumers, AI spending likely supported US economic growth in the second quarter reuters.com

Jul 30 26 @ 12:57
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The U.S. economy likely maintained a steady pace of growth in the second quarter, supported by stronger consumer spending and robust business investment in equipment tied to the buildout ​of artificial intelligence infrastructure.

Source: reuters.com

Cuba loosens control of private sector in struggle with mounting humanitarian crisis abcnews.com

Jul 30 26 @ 09:58
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Cuba has loosened restrictions on private businesses to allow imports of foreign goods and medicines, a sector firmly controlled by the Communist-led government

Source: abcnews.com

China’s solar surge nears milestone – even as Beijing hits brakes on sheer scale scmp.com

Jul 30 26 @ 09:57
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Coal capacity is projected to lose its long-held crown this year, despite a pivot from raw solar panel expansion to quality.

Source: scmp.com

Japan Trims Its Economic Outlook as Oil Prices Weigh on Growth bloomberg.com

Jul 30 26 @ 09:57
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Japan lowered its economic growth forecast for the current fiscal year, reflecting expectations that higher oil prices driven by tensions in the Middle East will weigh on domestic demand and add urgency to Prime Minister Sanae Takaichi’s efforts to address rising costs of living.

Source: bloomberg.com

Fed Holds Rates Steady but Three Officials Back Increase nytimes.com

Jul 30 26 @ 08:58
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Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.

Source: nytimes.com

Yacht travel scheme makes waves but can Hong Kong cash in on marine economy? scmp.com

Jul 30 26 @ 08:57
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Boat owners and maritime experts say Hong Kong must seize the opportunity to upgrade marine infrastructure to attract mainland yachts.

Source: scmp.com

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom fortune.com

Jul 30 26 @ 06:01
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From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

Source: fortune.com

Video Federal Reserve holds interest rates steady as economy weathers resurgent inflation abcnews.com

Jul 30 26 @ 06:00
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The Federal Reserve held interest rates steady on Wednesday as the economy weathers resurgent inflation set off by the Iran war. ABC News’ Elizabeth Schulze reports from inside the Fed.

Source: abcnews.com

Democrat senators ask US SEC to probe Trump Media’s fast feed sale aljazeera.com

Jul 30 26 @ 02:58
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Trump Media has discussed charging as much as $100,000 a month for the Truth API product for buyers to get first access.

Source: aljazeera.com

Wildfires near France’s Bordeaux spark fears of ‘economic apocalypse’ for wineries independent.co.uk

Jul 30 26 @ 02:57
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Vast wildfires have ravaged an area four times the size of Paris, driving 220,000 people from their homes and impacting key tourist attractions

Source: independent.co.uk

Libya electricity blackout protests expose country’s failing grid aljazeera.com

Jul 30 26 @ 02:57
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Source: aljazeera.com

WATCH LIVE: Fed chair Warsh holds news conference after latest interest rate decision pbs.org

Jul 30 26 @ 01:58
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Source: pbs.org

Wildfires near Bordeaux bring more troubles to France’s wine industry bostonherald.com

Jul 30 26 @ 01:57
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A regional business leader says the blaze is an economic apocalypse.

Source: bostonherald.com

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Risk Warning​

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