Economics Headlines

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Economics Headlines

US stocks leap toward a record as profits keep piling up and oil prices ease adn.com

Aug 5 26 @ 01:57
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Coming into this week, companies in the S&P 500 index were on track to deliver growth of nearly 50% in earnings per share for the spring from a year earlier, according to FactSet.

Source: adn.com

The comeback of a rate-sensitive America axios.com

Aug 5 26 @ 00:57
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Manufacturing and construction are now early sources of job growth, helped by an AI investment boom that has so far been unconstrained by still-high borrowing costs.

Source: axios.com

AI Can Boost Developing Economies Despite Technology Dependence Risks, World Bank Says wsj.com

Aug 4 26 @ 23:58
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Relatively simple AI tools can help developing economies boost economic growth, but they risk becoming dependent on the U.S. or China if not careful, the World Bank said.

Source: wsj.com

US job market continues to show strength despite bumpy economy apnews.com

Aug 4 26 @ 23:58
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U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from Iran war.

Source: apnews.com

Republicans have been doing a great job on economy at federal level: Art Laffer foxbusiness.com

Aug 4 26 @ 23:57
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Former Reagan economic advisor Art Laffer analyzes the economic impact of state and federal tax cuts.

Source: foxbusiness.com

Why a measly 100,000 job openings is normal for the Trump economy fortune.com

Aug 4 26 @ 23:57
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June openings fell to 7.36 million, but immigration curbs and retirements may have pushed the break-even hiring rate close to zero.

Source: fortune.com

Trump called his own housing bill a ‘yawn.’ Now he’s heading for a west coast tour with a 32% approval rating on the economy fortune.com

Aug 4 26 @ 22:58
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As Trump tours LA and Las Vegas to sell tax cuts, Newsom fires back over the $7.25 federal minimum wage.

Source: fortune.com

AI offers ‘lifeline’ for emerging economies, World Bank says reuters.com

Aug 4 26 @ 22:57
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Artificial intelligence could enable developing countries to gain a century’s ‌worth of development in a decade if they act quickly on power, connectivity and skills gaps, the World Bank said in a report on Tuesday.

Source: reuters.com

Trump is making a rare Western trip to talk about the economy bostonglobe.com

Aug 4 26 @ 22:57
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President Trump has struggled to connect with voters on the economy as elevated inflation and feelings of uncertainty have overshadowed the stock market gains he often talks about.

Source: bostonglobe.com

The Massachusetts economy has lost its competitive edge bostonglobe.com

Aug 4 26 @ 22:01
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Talk to people across industries and you’ll hear that the boundless vibrancy we once took for granted has faded, with a broken housing market and the Trump 2.0 administration partly to blame.

Source: bostonglobe.com

TKO CEO Ari Emanuel: Paramount-WBD merger needed for the economy of Hollywood cnbc.com

Aug 4 26 @ 21:57
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Ari Emanuel, WME Group executive chairman and TKO Group CEO and executive chairman, joins ‘Squawk Box’ to discuss why he’s in favor of the Paramount-Warner Brothers merger. The deal remains on hold due to antitrust concerns.

Source: cnbc.com

Trump will discuss economy during stops in California and Nevada apnews.com

Aug 4 26 @ 21:00
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President Donald Trump is making a rare visit to California and Nevada to try to draw contrasts with Democrats on the economy and other issues.

Source: apnews.com

Fed’s Paulson keeps ‘open mind’ on rate policy outlook amid high inflation reuters.com

Aug 4 26 @ 21:00
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Federal Reserve Bank of Philadelphia President Anna Paulson said Tuesday she was keeping an “open mind” about what lies ahead for monetary policy in an outlook that ​could call for higher rates.

Source: reuters.com

Xi Wants a Strong-Looking Yuan. China’s Economy Keeps Holding It Down. wsj.com

Aug 4 26 @ 20:01
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Plus, Beijing accelerates its buildup in space and a drone maker cleans 28 tons of waste from Mount Everest |WSJ China for Aug. 4.

Source: wsj.com

Wall Street: Less Fed information will mean more volatile markets axios.com

Aug 4 26 @ 20:00
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Markets won’t stop trying to predict the Fed’s actions in the face of less information.

Source: axios.com

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Risk Warning​

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