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Economics Headlines
Democrat senators ask US SEC to probe Trump Media’s fast feed sale aljazeera.com
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
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
Source: aljazeera.com
WATCH LIVE: Fed chair Warsh holds news conference after latest interest rate decision pbs.org
Source: pbs.org
Wildfires near Bordeaux bring more troubles to France’s wine industry bostonherald.com
Cuba Rolls Out More Economic Reforms as US Pressure Mounts bloomberg.com
Cuban officials announced another spate of economic reforms, as the communist-run island struggles to convince the US that its market-liberalization attempts will result in the change that the Trump administration is seeking.
Source: bloomberg.com
Stable growth, stubborn inflation: Q2’s GDP, inflation reports preview axios.com
Growth that’s resilient enough to withstand high borrowing costs, paired with inflation that remains above target, would reinforce the case for keeping monetary policy restrictive.
Source: axios.com
Feeding the circular economy: The rise in upcycled food reuters.com
The world’s appetite for upcycled food is growing. In Denmark, Rootly is a food-tech startup that has created a range of plant-based meat alternatives using surplus beet, carrots and mushrooms, along with the pulp from juice production.
Source: reuters.com
How LeBron James could impact Philadelphia’s economy, according to local experts inquirer.com
LeBron James joining the Sixers could be beneficial to Philadelphia restaurants and hotels.
Source: inquirer.com
Wildfires threaten Bordeaux vineyards and France’s economy apnews.com
Wildfires near Bordeaux are hurting the wine region’s economy. The fires have burned an area four times the size of Paris and forced 220,000 people to evacuate.
Source: apnews.com
Why no one knows what to expect from the Fed decision today cnn.com
The Federal Reserve has been unusually silent about the future path of interest rates, with Chairman Kevin Warsh offering few signals as policymakers grapple with renewed inflation concerns and a murkier economic outlook.
Source: cnn.com
Irish Economy Returns to Growth, Boosting Eurozone Hopes wsj.com
Ireland’s GDP was 3.9% higher than in the first quarter of the year, recovering some ground after its economy contracted.
Source: wsj.com
India’s Economy Sends Mixed Signals as Businesses Juggle War and Trade Shocks bloomberg.com
Slow government spending, fewer project announcements, and a deficient monsoon weigh on growth outlook.
Source: bloomberg.com
US bans imports of new Chinese robots over security concerns aljazeera.com
The action is part of a wider US effort to reduce reliance on Chinese technology.
Source: aljazeera.com
Interest rate decision updates: Fed weighs whether to hike or hold usatoday.com
Federal Reserve Chair Kevin Warsh said he anticipated another “good family fight” and economists expect dissents from the Fed’s July meeting.
Source: usatoday.com
