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Economics Headlines
Costa Rica Closes Embassy in Cuba Citing Deteriorating Economy bloomberg.com
Costa Rica closed its embassy in Cuba citing attacks on free speech and a deteriorating economy that has made it difficult to find basic goods.
Source: bloomberg.com
Fed Chair Powell: It will take some years of positive real earnings gains for people to feel good on economy cnbc.com
Federal Reserve Chair Jerome Powell answers questions following the FOMC’s decision to leave the Federal Funds rate unchanged.
Source: cnbc.com
Are Banks Signaling a Recession? They’re ‘the Most Important’ Stocks to Watch Now. barrons.com
Bank stocks including JPMorgan and Bank of America are sliding as private-credit worries grow, but analysts say the signal isn’t pointing to a recession yet.
Source: barrons.com
Spain’s economic mirage: Behind boom figures lies a different story theolivepress.es
SPAIN is currently the darling of Europe. Its economy grew faster than any G7 nation last year, unemployment is steadily falling, and Pedro Sanchez’s
Source: theolivepress.es
Fed keeps rates steady as Iran conflict roils economy thehill.com
The Federal Reserve held interest rates steady Wednesday as bankers stared down the evolving economic blowback from the war in Iran. The Federal Open Market Committee (FOMC), the panel of bank offi…
Source: thehill.com
Sputtering Economy Gives Bank of Canada Cover to Bide Time on Iran War wsj.com
Bank of Canada Gov. Tiff Macklem believes time is on his side about making a judgment call in response to higher energy prices. A weak Canadian economy bolsters his case.
Source: wsj.com
Federal Reserve Faces a Tenuous Moment for Rates and the Economy nytimes.com
Officials at the central bank will release their latest decision on interest rates amid a weakening job market and war with Iran.
Source: nytimes.com
Why the Red Sea could be the next choke point for the global economy nbcnews.com
Maritime traffic in the waterway is already down as the Houthis, Iran’s Yemen-based proxy group, warn “our fingers are on the trigger.”
Source: nbcnews.com
How hard will war hit the Gulf’s economies? ft.com
The highly globalised UAE has felt the impact of conflict more than insular Saudi Arabia
Source: ft.com
Oil prices could break 2008 records, spark economic pain: top consultant businessinsider.com
Oil prices could keep rising toward crisis-era peaks before consumers finally pull back on consumption, Rapidan Energy Group’s Bob McNally said.
Source: businessinsider.com
Longer energy supply disruptions could pose a ‘serious risk’ to the global economy: Charles Dallara cnbc.com
Charles Dallara, advisory partner at Partners Group, joins ‘Money Movers’ to discuss the war in Iran, U.S. diplomacy, and more.
Source: cnbc.com
Recession is a ‘serious threat’ as oil, weak job market collide: Mark Zandi businessinsider.com
Rising oil prices and a slowing labor market could be the two forces that drag the US economy into a downturn, Mark Zandi said.
Source: businessinsider.com
Trump ally warns US economy not strong enough to cope with Iran war ft.com
One-time pick to lead key statistics body EJ Antoni says inflation was ‘worse than we thought’ even before conflict
Source: ft.com
Vice President JD Vance visits Michigan as economic debate rages detroitnews.com
JD Vance, a Republican former U.S. senator from Ohio, is set to speak inside Engineering Design Services Inc., an Auburn Hills firm.
Source: detroitnews.com
Trump’s tariffs are causing harm to American manufacturers instead of benefiting them pbs.org
The White House says the Republican president’s policies will take time to make a difference.
Source: pbs.org
