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Economics Headlines
Fed confronts new inflation threat: Higher gas prices nbcnews.com
“The key question for the Fed is how to handle oil price shocks,” wrote Morgan Stanley economists.
Source: nbcnews.com
US Diesel Squeeze Threatens to Ripple Through Economy bloomberg.com
Prices for the fuel have surged faster than most other petroleum-based products.
Source: bloomberg.com
Gen Xers are facing a new era of economic instability washingtonpost.com
Global conflict and a shaky economy are fueling financial anxiety. This month’s Color of Money Book Club pick offers Gen Xers a map to secure their retirement.
Source: washingtonpost.com
Allow Food Banks To Buy Locally Grown Food Directly civilbeat.org
House Bill 2208 is a vital investment in our economy and community resilience.
Source: civilbeat.org
The Federal Reserve is facing tough choices as the economy faces deep uncertainty npr.org
The Federal Reserve’s job is expected to hold its benchmark interest rate steady as it faces inflationary pressure from the war with Iran — and a weakening labor market.
Source: npr.org
Video: Trump’s ICE Raids Upend South Texas Construction Industry nytimes.com
In South Texas, two of President Trump’s top priorities, the economy and immigration, are colliding as ICE raids upend the construction industry and frustrate workers.
Source: nytimes.com
Iran war is a structural stress test for the digital economy: IDC cnbc.com
IDC’s Ranjit Rajan says the Middle East conflict is becoming a stress test for the global digital economy, exposing risks around energy, supply chains and infrastructure resilience. IDC initially projected IT spending in the Middle East & Africa region would grow 5% this year, but says the downside risks to that are increasing, as companies adopt a wait-and-see approach and delay major projects.
Source: cnbc.com
Bailing Out Russia for “Peace” Is a Losing Proposition warontherocks.com
Why would the West underwrite the very system it has spent four years trying to contain? Yet that’s exactly what Russia has proposed, and what some
Source: warontherocks.com
Cuban Americans Will Be Allowed to Own Businesses in Cuba, but Is That Enough? nytimes.com
The Cuban government announced that Cubans living abroad can own and invest in businesses, but experts said they were disappointed that the measures didn’t go further.
Source: nytimes.com
Nigeria’s economic shock plan on trial ft.com
As President Tinubu visits the UK, there are signs of progress but Nigerians still face insecurity and high living costs
Source: ft.com
How many rate cuts? The war in Iran upends Federal Reserve’s next steps adn.com
The spike in oil and gas prices presents already-divided Fed officials with a worst-case scenario as they conclude a key meeting.
Source: adn.com
Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock? theguardian.com
New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook
Source: theguardian.com
Oil prices resume their climb, but stocks hold steadier this time around adn.com
It’s a break, at least for now, from the usual playbook since the start of the war, where stock prices have tended to go in the opposite direction of oil prices.
Source: adn.com
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt fortune.com
The richest man in the world joins prominent financial leaders in supporting a plan to lower the deficit to 3% of GDP.
Source: fortune.com
Iran war, oil price surge worsen K-shaped economy, say economists cnbc.com
Rising oil prices and the fallout of the U.S.-Iran war are worsening the economic divide, experts say.
Source: cnbc.com
