Economics Headlines

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Bessent Declares Widening Gap Between Rich and Poor ‘Dead’ nytimes.com

Aug 6 26 @ 08:59
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Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.

Source: nytimes.com

Trump says ‘we may have to’ send oil prices higher during speech talking up the economy apnews.com

Aug 6 26 @ 08:58
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President Donald Trump is making a rare appearance in Nevada to sell voters on his handling of the economy against a backdrop of gasoline made more expensive by the Iran war.

Source: apnews.com

Inside India newsletter: What’s behind India’s rush to sell shares in state-owned firms cnbc.com

Aug 6 26 @ 08:58
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India is ramping up stake sales in state-owned companies to keep the growth engine running amid growing fiscal constraints

Source: cnbc.com

South Korea says the chance of 3% economic growth has risen sharply reuters.com

Aug 6 26 @ 08:57
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South Korea’s ​Finance Ministry said ‌on Thursday that the ​possibility has ​increased greatly of ⁠economic growth ​rising to ​the 3% level for the first ​time in ​five years.

Source: reuters.com

WATCH LIVE: Trump talks about the economy in Las Vegas pbs.org

Aug 6 26 @ 07:58
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Source: pbs.org

Watch live: Trump seeks to sell economic agenda, tax cuts in Las Vegas speech thehill.com

Aug 6 26 @ 07:58
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President Trump will deliver remarks Thursday afternoon in Las Vegas highlighting his administration’s economic agenda and promoting the sweeping tax cuts enacted through the One Big Beautifu…

Source: thehill.com

Inflation and housing costs drive negative economic sentiment, says El-Erian foxnews.com

Aug 6 26 @ 07:57
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Allianz chief economic advisor Mohamed El-Erian explains why Americans feel pessimistic about the economy despite positive data points, highlighting eroded purchasing power and housing market barriers, on ‘Kudlow.’

Source: foxnews.com

Massachusetts remains on moderate economic growth path, report says bostonglobe.com

Aug 6 26 @ 06:57
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The report found real gross state product in Massachusetts increased at an annual rate of 2 percent in the second quarter, down from 2.4 percent in the first quarter.

Source: bostonglobe.com

WATCH LIVE: President Trump delivers remarks on the economy in Las Vegas foxnews.com

Aug 6 26 @ 05:57
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President Trump delivers remarks on tax cuts and economic policy at the Red Rock Casino Resort and Spa in Las Vegas.

Source: foxnews.com

Fed’s Cook says ready to raise rates if inflation doesn’t start easing reuters.com

Aug 6 26 @ 04:57
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Federal Reserve Governor Lisa ​Cook said on Wednesday that she’s open to the idea that the central bank may need ‌to raise its short-term interest rate target to deal with “too high” levels of inflation in the U.S. economy.

Source: reuters.com

Business confidence in Mass. rebounds to January 2025 levels bostonglobe.com

Aug 6 26 @ 03:04
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The state’s business confidence index rose for a fourth straight month in July, the Associated Industries of Massachusetts said on Wednesday, amid modest expansions in the state and national economies.

Source: bostonglobe.com

Business confidence in Mass. rebounds to January 2025 levels bostonglobe.com

Aug 6 26 @ 03:04
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The state’s business confidence index rose for a fourth straight month in July, the Associated Industries of Massachusetts said on Wednesday, amid modest expansions in the state and national economies.

Source: bostonglobe.com

Economy: Rising Grocery Prices Are Changing How Americans Shop npr.org

Aug 6 26 @ 03:04
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Affording groceries is becoming a struggle for many Americans.Food prices are up 33 percent since 2019. That’s according to federal data analyzed by the Associated Press. It’s led some people to change their diets or where they shop. Others are taking more drastic measures by dipping into their savings or going into credit card debt.A 2025 survey from the Urban Institute found that one in four people using credit cards to buy food had trouble paying those bills.What’s behind the jump in grocery prices? How is it affecting Americans’ financial stability? And how is all of this affecting our economy as a whole?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.

Source: npr.org

Economy: Rising Grocery Prices Are Changing How Americans Shop npr.org

Aug 6 26 @ 03:03
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Affording groceries is becoming a struggle for many Americans.Food prices are up 33 percent since 2019. That’s according to federal data analyzed by the Associated Press. It’s led some people to change their diets or where they shop. Others are taking more drastic measures by dipping into their savings or going into credit card debt.A 2025 survey from the Urban Institute found that one in four people using credit cards to buy food had trouble paying those bills.What’s behind the jump in grocery prices? How is it affecting Americans’ financial stability? And how is all of this affecting our economy as a whole?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.

Source: npr.org

Is the economy still K-shaped? The latest data tells a mixed story businessinsider.com

Aug 6 26 @ 03:03
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From a “K” to a “C,” policymakers and economists keep trying to define the economy’s shape. It’s leading to alphabet soup.

Source: businessinsider.com

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Risk Warning​

*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.

© 1uptick Analytics all rights reserved.

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