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Aussies warned over further ‘shockwaves through the economy’ au.finance.yahoo.com

Feb 18 26 @ 13:58
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Government spending hasn’t been this high since former PM Paul Keating warned the country was at risk of becoming a banana republic.

Source: au.finance.yahoo.com

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago fortune.com

Feb 18 26 @ 12:59
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In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

Source: fortune.com

CNBC’s The China Connection newsletter: Businesses scramble to reach China’s growing experiences economy cnbc.com

Feb 18 26 @ 12:58
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From a new theme park to business partnerships, companies are trying new ways to reach China’s consumer ahead of the Lunar New Year.

Source: cnbc.com

Food prices are surging in Russia. Is the war hitting Russians in the pocket? bbc.com

Feb 18 26 @ 08:58
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Russia’s economy is hanging between stagnation and decline, and ordinary Russians are beginning to feel the pinch.

Source: bbc.com

GOP war over prediction markets thehill.com

Feb 18 26 @ 07:58
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Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story  Utah governor blasts Trump admin on prediction mar…

Source: thehill.com

Stocks edge higher after swinging through worries about AI and the economy latimes.com

Feb 18 26 @ 06:58
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A quiet finish for U.S. stocks masked big swings underneath the surface

Source: latimes.com

For corporate profits over worker wages, the gap has never been wider usatoday.com

Feb 18 26 @ 05:58
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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

Feb 18 26 @ 05:58
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Source: cnn.com

Warsh says AI could help the Fed lower interest rates. Disagreements are already brewing cnn.com

Feb 18 26 @ 04:58
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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

Feb 18 26 @ 02:58
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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

Feb 18 26 @ 02:58
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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

Feb 18 26 @ 01:58
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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

Feb 18 26 @ 00:58
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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

Feb 18 26 @ 00:58
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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

Feb 18 26 @ 00:58
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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

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