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Economics Headlines
Genova Deli closing Walnut Creek store after owners blame economy for downsizing decision abc7news.com
Genova Delicatessen has closed its Walnut Creek store after 58 years in operation. This comes after the closure of another location just a few months ago.
Source: abc7news.com
IMF warns Venezuela’s economy and humanitarian situation is ‘quite fragile’ aljazeera.com
Figures show Venezuela’s public debt sits at roughly 180 percent of its GDP as the country struggles with tumult.
Source: aljazeera.com
North Korea convenes 9th Party Congress, KCNA reports reuters.com
North Korea convened its Ninth Party Congress on Thursday, the country’s biggest political event held in every five years, KCNA reported on Friday.
Source: reuters.com
Thai Leaders Won Big. Their Economy Is Still Sick bloomberg.com
Thailand may have seen its best economic days. The one-time star risks settling into a new — and entrenched — role as Southeast Asia’s laggard. The ruling conservative bloc shows scant appetite for rekindling the rapid gains that made the country a model for contemporary standouts like Vietnam.
Source: bloomberg.com
Kellyanne Conway urges Americans to remember the Biden administration’s economic woes foxnews.com
Democratic strategist Kevin Walling and Fox News contributor Kellyanne Conway discuss the Trump administration’s economic midterm messaging on ‘The Story.’
Source: foxnews.com
Rove: Neither Newsom, Pritzker can claim ‘solid record of economic achievement’ thehill.com
Republican strategist Karl Rove on Thursday wrote that California Gov. Gavin Newsom (D) and Illinois Gov. JB Pritzker (D), both possible 2028 presidential contenders, cannot claim a “solid re…
Source: thehill.com
Trump delivers remarks on the economy in Georgia nbcnews.com
Watch live coverage as President Trump travels to Georgia and delivers remarks on the economy.
Source: nbcnews.com
US trade deficit swells in December as imports surge aljazeera.com
The US trade deficit deteriorated even though President Trump unleashed a barrage of tariffs to close trade imbalances.
Source: aljazeera.com
Trump Heads to Georgia With Instructions to Stay on Message bloomberg.com
The president is campaigning on cost-of-living issues ahead of midterms in a key state.
Source: bloomberg.com
Walmart’s sales are increasingly driven by higher-income shoppers nbcnews.com
Families making less than $50,000 are stretched, though. “In some cases, people are managing spending paycheck to paycheck,” the discount chain’s CEO said.
Source: nbcnews.com
Walmart Cites Worrying Economic Indicators in Cautious Forecast bloomberg.com
Walmart Inc., a bellwether of consumer spending, cited a “hiring recession” and pressures on shoppers as it forecast less growth in earnings this year than Wall Street was expecting.
Source: bloomberg.com
IMF says Venezuela’s economic, humanitarian situation is ‘quite fragile’ reuters.com
Venezuela’s economic and humanitarian situation is “quite fragile,” the International Monetary Fund said on Thursday, adding that it was seeing inflation estimated to be in the triple digits and a rapid depreciation of the currency.
Source: reuters.com
Fed’s Miran Now Sees a Less Accommodative Rate Path wsj.com
Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected.
Source: wsj.com
WATCH LIVE: Trump touts economic agenda at Georgia rally ahead of March special election pbs.org
Source: pbs.org
Unprecedented ‘jobless boom’ tests limits of U.S. economic expansion detroitnews.com
The combination is drawing comparisons to the infamous “jobless recovery” of the early 2000s that followed the tech bubble and collapse.
Source: detroitnews.com
