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Economics Headlines
What SpaceX’s IPO Means For The Space Economy forbes.com
The science of a perfect espresso. How AI can help treat heart disease. NASA’s on its way back to the Moon. All that and more in this week’s edition of The Prototype.
Source: forbes.com
More Americans Are Breaking Into the Upper Middle Class wsj.com
New research shows that the ranks of the higher earners have grown markedly over the last 50 years, while the lower rungs of the middle class have shrunk.
Source: wsj.com
Iran says Iraqi ships can pass Strait of Hormuz as transits tick up aljazeera.com
Tehran says Iraq will face no restrictions in waterway, praising country’s ‘struggle’ against the US.
Source: aljazeera.com
Spotlight – ‘Iran open to negotiations’: Diplomacy shows signs of progress, ‘damage to global economy continues’ france24.com
Source: france24.com
Fed job report shows gains, but Triangle economists warn of uncertainty abc11.com
Fed data shows job growth is up and unemployment is down — but Triangle economists say global uncertainty could still impact local workers and consumers.
Source: abc11.com
Americans are getting smaller pay raises as inflation ticks up nbcnews.com
Soaring gas prices mean inflation could soon outpace most Americans’ pay raises. “That’s where you see a lot of squeeze on workers,” said one economist.
Source: nbcnews.com
The economy can shed jobs and still keep the labor market balanced, as Trump’s immigration crackdown turns breakeven hiring negative fortune.com
“Real-time data point to an important change in the U.S. labor market: The benchmark for evaluating payroll growth has moved significantly.”
Source: fortune.com
ZaRah wellness is focused on “health is wealth” and building economic opportunities cbsnews.com
Source: cbsnews.com
Companies are replacing workers instead of hiring more businessinsider.com
Recruiters say companies are swapping out employees for more skilled or lower-cost talent as hiring slows and budgets tighten.
Source: businessinsider.com
Trussonomics still haunts parties’ economic promises in run-up to UK local elections theguardian.com
Greens, Reform UK, Your Party, Conservatives and even Lib Dems are making extravagant spending pledges
Source: theguardian.com
The unholy trinity powering the scam economy thehill.com
If we are serious about stopping wave after wave of cyber-enabled scams and fraud, we must wake up to the challenge and give digital identity the attention it deserves.
Source: thehill.com
U.S.-Iran war ‘tax’ begins to hit American businesses and consumers cnbc.com
A U.S.-Iran war ‘tax’ is beginning to hit consumers as diesel and jet fuel prices rise and stress business profitability, and there is no relief in sight.
Source: cnbc.com
The World Cup is supposed to be an economic windfall. But ‘you’re seeing a lot of headwinds’ now fortune.com
Fans from three qualifying nations are banned from entering the U.S while others face up to $15,000 bonds and pricey visa fees.
Source: fortune.com
Americans are feeling the Iran war’s economic pain with hints of worse ahead washingtonpost.com
Iran’s closure of the Strait of Hormuz is disrupting economic activity across Asia and Europe. The U.S. may escape the worst effects, but it will not emerge unscathed.
Source: washingtonpost.com
How one Democratic senator is tackling Trump’s corruption vox.com
Sen. Chris Murphy explains how blatant corruption is undermining faith in democracy.
Source: vox.com
