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Economics Headlines
Drought Threatens a Vital Economic Artery in the Heart of Europe nytimes.com
The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and presenting fresh risks to growth.
Source: nytimes.com
Iran’s president blames foreign pressure as expert warns regime’s economy nears breaking point foxnews.com
Reports of Iranians stealing bread, cheese and meat from supermarkets align with food inflation exceeding 112%, raising fears of a breaking point.
Source: foxnews.com
AI-fueled white-collar job wipeout is unlikely, Vanguard economist says businessinsider.com
Fears of an AI-fueled culling of white-collar jobs have risen, but one economist argues most functions aren’t at risk of being replaced by the technology.
Source: businessinsider.com
Job cuts plunge to a 2-year low despite AI fears, economic shocks cbsnews.com
Source: cbsnews.com
How big is the US Postal Service? Among the largest in business or government brookings.edu
The U.S. Postal Service is one of America’s largest employers and retail networks. Here’s how its workforce, revenue, and reach compare with major companies.
Source: brookings.edu
How the AI Chip Boom Is Reshaping South Korea’s Markets, Economy and Society bloomberg.com
Semiconductor workers are the new social elite as the country finds itself in the epicenter of the artificial intelligence boom.
Source: bloomberg.com
Musk’s Attention Economy Is Slipping Into Recession bloomberg.com
Elon Musk’s empire spans energy, cars, rockets, robots and more besides. The common thread is his command of attention: attracting it, shaping it and monetizing it. The world’s wealthiest person has been busy in this regard of late, hosting two earnings calls, including this week’s inaugural one for Space Exploration Technologies Corp., or SpaceX. He also sat for a long interview with The Economist, offering visions of artificial intelligence and humanity’s future, laced with the controversy and
Source: bloomberg.com
El-Sayed wins Michigan’s primary. And, Fauci faces contempt of Congress vote npr.org
Abdul El-Sayed has won Michigan’s Democratic Senate primary and will face Republican Congressman Mike Rogers in the midterms. And, today, Dr. Anthony Fauci faces a contempt of Congress vote.
Source: npr.org
Commentary: We need to fight against the corporate takeover of R.I.’s working waterfront bostonglobe.com
By empowering the people who work at our marinas, we can keep the blue economy local, writes Lieutenant Governor Sabina Matos.
Source: bostonglobe.com
Most Americans view rising living costs as biggest barrier to a better life, survey finds theguardian.com
When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security
Source: theguardian.com
CEO confidence remains weak, new survey finds axios.com
When leaders are feeling optimistic, they push for more hiring, capital investment and dealmaking.
Source: axios.com
Build A Monthly Economic Dashboard, Then Skip The Headlines forbes.com
A simple monthly dashboard built from four economic indicators replaces news noise with the numbers that actually predict business and industry risk
Source: forbes.com
A house, a car, a little breathing room: Why middle-class life feels increasingly out of reach startribune.com
The U.S. economy is good on paper, but middle-income Americans have never felt so pessimistic about it.
Source: startribune.com
Report offers proof of damage from Trump’s tariffs jsonline.com
Data proves Trump has lived an economic fantasy. Tariffs have cost average Wisconsin household $1,095 and caused the loss of 3,910 manufacturing jobs.
Source: jsonline.com
Readers sound off on why Massachusetts has lost its competitive edge bostonglobe.com
Once a star performer, Massachusetts is losing ground to other states on job growth and new business creation.
Source: bostonglobe.com
