Economics Headlines

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Economics Headlines

Flawed economic models mean climate crisis could crash global economy, experts warn theguardian.com

Feb 5 26 @ 08:58
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States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points

Source: theguardian.com

Opinion | Republicans Have an Economy Problem wsj.com

Feb 5 26 @ 07:58
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President Trump’s triumphal tone isn’t helping matters for everyday Americans.

Source: wsj.com

How GM is preparing for an economic downturn detroitnews.com

Feb 5 26 @ 05:58
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“We’re going to see a weak economy at some point. I hope it’s not this year, hope it’s not the year after that. But it’s coming,” CFO says.

Source: detroitnews.com

Turns out your college degree really matters—for keeping you on the wealthy side of America’s K-shaped economy fortune.com

Feb 5 26 @ 04:01
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The spending divide is visible in the last three years of data, the New York Fed says, and college degrees matter a lot.

Source: fortune.com

Can you shut him up?:’ Waters and Treasury’s Bessent clash over Trump’s economic agenda foxnews.com

Feb 5 26 @ 03:58
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Rep. Maxine Waters asks “can you shut him up” during heated exchange with Treasury Secretary Scott Bessent Trump over President Donald Trump’s tariffs.

Source: foxnews.com

Automakers back Trump plan to roll back fuel economy rules, but seek changes reuters.com

Feb 5 26 @ 02:58
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Major automakers on Wednesday called for changes in the Trump administration’s proposal to reform fuel economy standards, but said they back the plan to drastically slash the efficiency requirements.

Source: reuters.com

Restoring rail service in western North Carolina would boost economy: new report wlos.com

Feb 5 26 @ 02:58
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Restoring passenger rail service between Salisbury and Asheville would bring significant economic and connectivity benefits to the state, according to a report.

Source: wlos.com

US Rep. Cuellar addresses ICE actions impacting Texas economy, hints at warehouse sales across state ksat.com

Feb 5 26 @ 02:58
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U.S. Rep. Henry Cuellar addressed immigration enforcement actions impacting South Texas at a news conference with leaders from the South Texas Builders Association and the Laredo Chamber of Commerce.

Source: ksat.com

Americans will vote their pocketbooks in November thehill.com

Feb 5 26 @ 01:58
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Donald Trump’s failure to address inflation and his focus on distractions has led to a decline in his job rating and a potential shift in power to the Democratic Party in the upcoming midterm…

Source: thehill.com

State Fiscal Chiefs Protest Federal Immigration Chaos nytimes.com

Feb 5 26 @ 00:58
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Sixteen elected treasury officials, all Democrats, wrote to President Trump that ICE crackdowns are bad for business and for tax revenues: “People must feel safe to go to work.”

Source: nytimes.com

Watch live: Bessent testifies before House on financial stability thehill.com

Feb 4 26 @ 23:58
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Treasury Secretary Scott Bessent will appear before the House Financial Services Committee on Wednesday morning to deliver the annual report from the Financial Stability Oversight Council, which is…

Source: thehill.com

Something broke in the economy in 2023 that explains why so many people are miserable about it, New York Fed says fortune.com

Feb 4 26 @ 23:58
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Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than other consumers.

Source: fortune.com

Greenland shatters temperature record, redrawing economy from fishing to minerals reuters.com

Feb 4 26 @ 20:58
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Greenland, the Arctic island coveted by U.S. President Donald Trump, experienced its warmest January on record this year, as a rate of warming four times faster than the global average redraws the outlook for sectors from fishing to mining.

Source: reuters.com

Trump’s critical minerals meet: Who’s attending, what’s at stake? aljazeera.com

Feb 4 26 @ 20:58
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More than 50 countries are represented at the Critical Minerals Ministerial to discuss how to reduce reliance on China.

Source: aljazeera.com

The Fed is more divided than ever. Enter Kevin Warsh. politico.com

Feb 4 26 @ 19:58
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If Warsh wants to “deliver significantly lower rates, he’ll need to get the votes,” said Bill English, who formerly led the Fed’s monetary affairs division.

Source: politico.com

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