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Economics Headlines
How Trump’s Liberation Day promises hold up on their one-year anniversary businessinsider.com
The degree to which President Trump delivered on Liberation Day promises is a mixed bag.
Source: businessinsider.com
Iran’s maximum leverage will be felt in a few weeks as pain starts to hit economies globally: JPM cnbc.com
James Sullivan of JPMorgan discusses the Middle East war’s short and long-term effects on oil markets, and how this ultimately impacts inflation and global central banks’ future rate decisions.
Source: cnbc.com
Trump defends decision to attack Iran, says conflict is ‘nearing completion’ washingtonpost.com
The president’s address comes as the White House tries to contain the consequences of a conflict that has sent gas prices soaring and soured Americans’ feelings about Trump.
Source: washingtonpost.com
Trump’s tariffs: Four ways they have changed the global economy one year on bbc.com
The Iran War Is Bad for Inflation — But Worse for Growth bloomberg.com
Even if the Iran conflict ends fairly soon, the world economy will suffer collateral damage. Energy-price increases may be the most visible effect, but how long they remain elevated will determine the extent of damage to supply chains — and how heavy the hit will be to global growth.
Source: bloomberg.com
China Drains Cash From Economy in Rare Pullback During Oil Shock bloomberg.com
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.
Source: bloomberg.com
Trump economic approval tanks thehill.com
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Trump approval on economy drops to new low: Poll A…
Source: thehill.com
Trump hits record-low approval on economy cnn.com
Source: cnn.com
Oracle cuts thousands of jobs, prompting questions about Austin’s tech economy kxan.com
Austin-based tech giant Oracle is laying off thousands of workers, a move first reported by CNBC that’s raising questions about the future of the city’s tech-driven economy.
Source: kxan.com
Deutsche Bank asked AI it’s true that AI will solve the economy’s inflation problems. The robots answered fortune.com
The answer from the machines was unfortunately not what Wall Street wanted to hear.
Source: fortune.com
What Iran’s Control of the Strait of Hormuz Means for the Global Economy wsj.com
The blockade has already kept about half a billion barrels of oil from the market and pushed up prices by around 40%.
Source: wsj.com
Basketball championship boosts Binghamton’s economy sports.yahoo.com
Binghamton’s NYSPHSAA Boys Basketball Championship brought nearly 18,000 visitors and an estimated $1.6 million economic boost.
Source: sports.yahoo.com
Trump has Americans missing Biden’s economy. No, really. usatoday.com
Donald Trump has bungled his second term so thoroughly that voters are wishing they could return to the halcyon days of ‘Sleepy Joe’ Biden.
Source: usatoday.com
Economy will power through despite higher energy prices, says BMO Private Wealth’s Carol Schleif cnbc.com
Carol Schleif, BMO Private Wealth, joins ‘The Exchange’ to discuss the day’s equity market reaction, which sectors investors should favor and much more.
Source: cnbc.com
Bank of Canada Faces Dilemma in Response to War-Fueled Energy-Price Surge, Minutes Say wsj.com
Senior Bank of Canada officials said they face difficult decisions in the coming months about supporting a sputtering economy while keeping inflation low and stable amid a surge in energy prices.
Source: wsj.com
