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Economics Headlines
Stocks edge higher after swinging through worries about AI and the economy latimes.com
For corporate profits over worker wages, the gap has never been wider usatoday.com
The K-shaped economy is playing out in the battle of workers vs. capital, and corporations are winning.
Source: usatoday.com
Cuba’s economy cripples under Trump administration’s oil policy cnn.com
Source: cnn.com
Warsh says AI could help the Fed lower interest rates. Disagreements are already brewing cnn.com
Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs.
Source: cnn.com
Where in the world are people proud of their nation’s politics and economy, and why? pewresearch.org
When people in 25 countries were asked what makes them proud of their country, at least some cited their political system and economy.
Source: pewresearch.org
Ray Dalio warns we’re entering a ‘great disorder’ period in the world economy, marked by a ‘clash of great powers.’ The last time was World War II, his analysis says fortune.com
In a post on X, the billionaire hedge fund manager warned that the world has entered what he calls the turbulent and most violent phase of history
Source: fortune.com
$56 trillion national debt leading to a spiraling crisis: budget watchdog warns the U.S. is walking a crumbling path fortune.com
Trump is putting the U.S. economy on a “sugar high” and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.
Source: fortune.com
The Office Market Is as K-Shaped as the US Economy bloomberg.com
We’ve seen upper-income consumers power consumption growth over the past year even as middle-income and working-class households become more restrained. The message from the office market is starting to sound similar.
Source: bloomberg.com
Fraud In The Care Economy Morphs From Solo Scams To Global Syndicates forbes.com
Discover how global crime syndicates have hijacked the care economy. AARP’s Kathy Stokes explains the shift from solo scams to industrial-scale elder fraud networks.
Source: forbes.com
US job market will keep lagging despite economic boom: Mohamed El-Erian businessinsider.com
Jobs growth is decoupling from economic growth for the first time since the post-Great Financial Crisis era, Mohamed El-Erian said.
Source: businessinsider.com
California’s ‘crazy’ ballot measure economy and Newsom’s world tour politico.com
Source: politico.com
Market Weakness Isn’t About the Economy barrons.com
Source: barrons.com
Australia Shows Why Weak Productivity Is the New Inflation Problem bloomberg.com
The RBA has been forced to hike rates as a modest pick up in growth stokes inflation.
Source: bloomberg.com
The US economy is turning ft.com
The question is whether it is turning European or Australian. Also in this newsletter, all change in Eurozone labour markets
Source: ft.com
German Economic Sentiment Slips Unexpectedly wsj.com
Confidence among investors fell this month, highlighting the fragile nature of an anticipated rebound in Europe’s largest economy this year.
Source: wsj.com
