Economics Headlines

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Economics Headlines

The labor market’s new norm swings between job gains and losses axios.com

Apr 7 26 @ 00:58
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Friday’s jobs report showed the economy added 178,000 jobs in March.

Source: axios.com

Will ‘sky couches’ make economy less miserable? washingtonpost.com

Apr 7 26 @ 00:58
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United Airlines will be the first U.S. carrier to introduce its version. The “Relax Row” is set to debut next year.

Source: washingtonpost.com

2 U.S. lawmakers visiting Cuba denounce island’s ‘economic bombing’ under energy blockade latimes.com

Apr 7 26 @ 00:58
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Democratic Reps. Pramila Jayapal of Washington and Jonathan Jackson of Illinois met with Cuban President Miguel Díaz-Canel, Foreign Minister Bruno Rodríguez and members of Parliament during a five-day trip that ended Sunday.

Source: latimes.com

Canada’s services economy shrinks as war delays client decision-making reuters.com

Apr 6 26 @ 23:58
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Canada’s services economy contracted for a fifth straight month in March as uncertainty related to the war in the Middle East contributed to a decline ​in new business and after higher fuel costs raised operating expenses, S&P ‌Global’s Canada services PMI data showed on Monday.

Source: reuters.com

2 US lawmakers visiting Cuba denounce island’s ‘economic bombing’ under energy blockade seattletimes.com

Apr 6 26 @ 23:58
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Two U.

Source: seattletimes.com

Don’t believe Trump’s claims about making life more affordable theguardian.com

Apr 6 26 @ 22:58
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The president has boasted about cutting prices of drugs, housing, food and gasoline. It’s grossly exaggerated nonsense

Source: theguardian.com

Jobless young Palestinians trapped as Israel holds Gaza’s economy hostage aljazeera.com

Apr 6 26 @ 21:58
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With 80 percent unemployed, young Palestinians struggle to survive as Israeli blockade causes economic collapse

Source: aljazeera.com

Iran War, Inflation and OIl Prices Prey on Economy usnews.com

Apr 6 26 @ 21:58
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Markets and the economy face a confusing landscape this week as President Donald Trump’s ultimatum to Iran expires Tuesday while there are reports that a potential ceasefire drafted by Pakistan is under consideration by the U.S. and Iran. The conflict in the Middle East dominates the news, but the …

Source: usnews.com

How to fight car thefts, fentanyl and lift our economy theglobeandmail.com

Apr 6 26 @ 20:59
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Unlike in other countries, shipping manifest data is a black hole in Canada – the public does not know what goes in and out

Source: theglobeandmail.com

Who Knew ‘Slick’ Gavin Newsom Was Such an Economic Maestro? bloomberg.com

Apr 6 26 @ 20:58
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Of all the prevailing media narratives around Gavin Newsom, the one that is most conspicuous by its absence is how under its two-term governor California became the top performing economy not just among its 49 siblings but also any developed nation. No wonderElon Musk quietly sought Newsom’s help when the world’s richest man sought to move a bunch of Tesla Inc. engineers back to the state after relocating them to Texas.

Source: bloomberg.com

Jamie Dimon warns that the Iran war could bring an economic ‘skunk’ to the party cnn.com

Apr 6 26 @ 20:58
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Jamie Dimon is warning that the US-Israeli war with Iran could lead to another round of persistent inflation and higher interest rates that could sink the US economy into a recession and redefine the global economic order.

Source: cnn.com

Boston Mayor Wu searching for new economic development chief bostonglobe.com

Apr 6 26 @ 20:58
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Prior development aide Segun Idowu stepped down at the end of February.

Source: bostonglobe.com

Indonesia to Cut Airfare Tax to Cushion Fuel Surcharge Hike bloomberg.com

Apr 6 26 @ 19:58
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Indonesia will slash the value-added tax on economy class tickets for two months to ease the burden of rising fuel surcharges on airfare to mitigate higher energy costs triggered by the Iran war.

Source: bloomberg.com

Trump promised a post-war economic rebound. The damage may linger far longer. politico.com

Apr 6 26 @ 18:58
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The war’s damage to energy infrastructure and closure of a key shipping lane could mean lasting price spikes for everything from housing to food even long after the fighting ends.

Source: politico.com

Dimon Urges US to ‘Get Stronger,’ Keep Economic, Military Power bloomberg.com

Apr 6 26 @ 18:58
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the US needs to “get stronger” in order to maintain its military and economic might, and detailed his bank’s plans to deploy more than $1 trillion to ensure that happens.

Source: bloomberg.com

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