Economy
60 stories related to this topic, newest first.
moneysense.caCanada Enters Technical Recession After Two Quarters of GDP Contraction
Real GDP fell 0.1 percent in the first quarter of 2026 after a 1.0 percent drop in the fourth quarter of 2025. Economists had forecast 1.5 percent growth for the latest quarter.
koreatimes.co.krLabor Share of U.S. Economic Output Reaches Record Low
Labor compensation as a share of gross domestic product fell to its lowest level on record. The profit share of output reached a near-record high during the same period.
americanbanker.comNew York Fed Report Finds Rise in Food Insecurity Through Early 2026
The Federal Reserve Bank of New York released a report on May 28, 2026, showing increased food insecurity among lower-income and lower-educated households. The data also recorded higher use of food banks and savings to cover groceries.
rte.ieGerman Unemployment Falls by 12,000 in May
Seasonally adjusted unemployment in Germany declined 12,000 in May, exceeding forecasts. The unemployment rate eased to 6.3 percent.
deadline.comNew York Fed Survey Finds Higher Food Insecurity Than in 2020
A Federal Reserve Bank of New York survey shows more U.S. households reporting food insecurity now than during the 2020 pandemic period. The data also indicate increased use of savings and meal skipping.
marketwatch.comU.S. Economy Grew Less Than Expected in First Quarter
Government data released Thursday showed slower economic growth for the first quarter than previously estimated. A separate inflation gauge reached a three-year high amid effects from the Middle East conflict.
MarketWatchU.S. First-Quarter GDP Revised Down to 1.6 Percent
Government data showed slower growth than previously estimated for January through March. The revision reflects weaker consumer spending and business investment.
Los Angeles TimesU.S. Inflation Gauge Hits Three-Year High in April
The Commerce Department reported that a key inflation measure rose to 3.8 percent in April. Real incomes fell while core prices also climbed above the Federal Reserve's 2 percent target.
9to5mac.comCEO Confidence in U.S. Economy Declined in Second Quarter
A survey found that chief executive officers expressed lower confidence in the U.S. economy during the second quarter. The decline coincided with rising concerns over supply chains and energy.
america.cgtn.comNew York Fed Survey Finds Higher Food Insecurity Than During Pandemic Peak
A February 2026 Federal Reserve Bank of New York survey shows more households reporting insufficient food and missed meals than in June 2020. The results coincide with inflation at 3.8 percent in April and reduced SNAP funding under the One Big Beautiful Bill Act.
Economist Describes U.S. Economy as G-Shaped Driven by Older Americans
Ed Yardeni of Yardeni Research outlined a G-shaped economy in a client note. The description centers on spending patterns among Americans born 1946-1964 and their financial transfers to younger relatives.
japantimes.co.jpJapan Wage Growth Tops 5 Percent for Third Straight Year
Keidanren reported that average wage increases in the 2026 spring negotiations exceeded 5 percent for the third consecutive year. The business federation released its initial summary of the talks.
MarketWatchConsumer Survey Shows Record Low Financial Sentiment
A long-running consumer survey recorded its lowest reading on record for Americans' views of their financial well-being. The White House rejected the survey's findings as inaccurate.
en.globes.co.ilProtests Over Wages and Inflation Spread in Bolivia's Capital
Demonstrators in La Paz have blocked roads and confronted police during protests over low wages, inflation, and economic reforms. The unrest is described as the most serious political unrest in years.
nationalpost.comBrazil Rolls Out Stimulus Measures as Economy Gains Speed
Brazil's government has introduced new stimulus measures. Officials say the economy is expanding even with some of the world's highest inflation-adjusted interest rates.
news.gallup.comGallup Economic Confidence Index Falls 7 Points in May
The Gallup Economic Confidence Index dropped to -45 in May, its lowest level since October 2022. The three-month decline totals 25 points, and 76 percent of U.S. adults now say economic conditions are worsening.
benzinga.comAnthony Scaramucci Compares Wall Street and Washington Tactics
SkyBridge Capital founder Anthony Scaramucci said Wall Street professionals confront people directly while Washington insiders operate indirectly. He referenced his brief 2017 White House role and current housing costs during a RiskReversal Media podcast.
rte.ieSurvey Shows Lower U.S. Economic Sentiment Than During Prior Crises
A recent survey indicates Americans currently hold more negative views of the economy than during the COVID-19 pandemic, the 2008 financial crisis, or after the September 11 attacks. The data come from Yahoo Finance polling referenced in the report.
koreaherald.comSouth Korea GDP per capita rises above Venezuela level since 1980
South Korea's GDP per capita on a purchasing power parity basis stood at $2,000 in 1980 while Venezuela's was $8,000. By 2026 the figures were $68,620 for South Korea and $9,460 for Venezuela according to IMF data.
axios.comU.S. Birth Rate Falls 30 Percent Since Pre-2008 Levels
@KobeissiLetter reported the U.S. birth rate has declined 30 percent from pre-2008 levels while financial wealth reached record highs. The post linked the drop to widening gaps between asset owners and non-owners after the 2008 and 2020 downturns.
SemaforBenin Swears In New President Romauld Wadagni
Romauld Wadagni took office on Sunday after serving as finance minister. The country recorded 7.5 percent economic growth last year.
Swedish Analysis Finds Russian Economy Contracted 8 Percent From 2020 to 2024
Sweden's nighttime luminosity data indicate an 8 percent contraction while official Russian figures show 13 percent growth. Foreign Minister Maria Malmer Stenergard said inflation is understated and warned of reduced military spending capacity.
indianexpress.comU.S. Stocks Hit Record Highs Ahead of Summer Risks
Major U.S. stock benchmarks reached new highs as companies reported strong earnings. Analysts point to potential volatility from economic data, policy shifts, and geopolitical events in the months ahead.
nbcnews.comEcuador President Noboa Outlines Crime and Economic Measures in Address
President Daniel Noboa presented crime statistics and economic figures during his State of the Nation speech on May 24. He cited U.S.-backed operations and poverty reductions recorded in 2025.
thehindu.comIran Tensions Raise Inflation Concerns, Reuters Podcast Reports
Mike Dolan discussed the economic effects of the Iran situation during a Reuters World News podcast. He identified inflation as the primary area of impact. The segment focused on how the crisis is affecting broader economic conditions.
Australian Cities Show Higher Share of Early-Opening Cafes Than London or Dubai
University of Melbourne analysis found 32 percent of Brisbane and Perth food venues open by 7 a.m., compared with 9 percent in London and Dubai. Spending between 5 a.m. and 11 a.m. matches evening totals but shifts toward retail. Researchers and business groups say better data co…
techjuice.pkWhite House official proposes renaming consumer sentiment index
Kevin Hassett, director of the White House National Economic Council, said consumer sentiment data now reflects political views rather than economic conditions. He made the comments on CBS News' Face the Nation.
medianama.comNews Aggregators Show Left-Leaning Source Selection in 2025 Analysis
A 2025 AllSides study found Google News and Apple News drew most stories from outlets rated Lean Left or Left. The piece argues this pattern limits exposure to differing economic arguments.
realitytea.comAdministration Discusses Ballroom Project While Addressing Economic Conditions
Officials have referenced a ballroom plan multiple times in recent statements. Coverage notes varying emphasis on economic conditions affecting Americans.
truthout.orgPresident Trump Made 3,711 Stock Trades During Early Term
A report examined trading activity linked to President Trump and found patterns tied to macroeconomic data releases. The analysis covered the busiest trading days in January and February.
news.google.comNational Polls Show Voter Views on Economy and Foreign Policy
Several recent national surveys found declining approval for economic conditions and foreign policy. Polls conducted in mid-May recorded rising concern over living costs.
nbcnews.comPoll: Most Americans Report Cutting Grocery Spending
A CNN poll shows 61 percent of Americans reduced grocery purchases in recent months. More than three quarters said President Trump's policies raised local living costs.
NewsweekThree Polls Show Declining Public Confidence in Economy
National surveys from AP-NORC, Gallup and Fox News found lower approval ratings for President Trump's handling of the economy and rising pessimism about current conditions. The polls were conducted in May 2026.
New York PostGas Prices Near Record Highs Ahead of Memorial Day Travel
National average fuel costs are approaching historic peaks as the Iran conflict disrupts oil supplies. AAA projects more than 39 million Americans will travel by car this weekend despite elevated prices.
NewsweekFox News Poll Shows Trump Net Approval Among Rural Voters at -14
A Fox News poll conducted May 15-18 found President Trump's net approval rating among rural voters fell to -14. The survey also recorded 30 percent approval of his economic handling among rural respondents.
EuronewsSpain Youth Housing Costs Reach 98.7 Percent of Average Salary
A new report shows young workers in Spain must spend nearly all of their monthly income to rent a solo apartment. The youth emancipation rate fell to a record low of 14.5 percent in 2025.
swissinfo.chU.S. Consumer Sentiment Falls to Record Low in May
The University of Michigan index dropped to 44.8, its lowest level on record, as consumers cited rising gasoline prices tied to supply disruptions in the Strait of Hormuz.
freepressjournal.inOfficials State Economic Growth Goals, Note Inflation
Officials stated that efforts to curb inflation should not come at the expense of economic expansion. The remarks emphasized balancing price stability with continued growth.
Cuba Reports Fuel Shortage and Economic Contraction in 2026
Cuba experienced a fuel shortage after a sanctioned Russian tanker delivered 100,000 tons of crude in March. The island's GDP contracted nearly 5 percent by the end of 2025, with further contraction projected for 2026.
Al JazeeraU.S. Economic Confidence Falls to Lowest Level Since 2022
A Gallup poll released Friday shows only 16 percent of Americans rate the economy as good or excellent. The survey recorded an Economic Confidence Index of -45 amid rising petrol prices.
thehindu.comKenyan Official Says Global Instability Will Bring Tougher Economic Times
Prime Cabinet Secretary Musalia Mudavadi urged Kenyans to prepare for rising living costs and supply chain disruptions linked to international conflicts. He called for open government communication and national resilience.
al-monitor.comTurkish Appeals Court Annuls Opposition Party Congress and Reinstates Former Leader
A Turkish appeals court on Friday annulled the 2023 congress of the main opposition Republican People's Party and reinstated its former chairman. The party rejected the ruling and said it would appeal to the Supreme Election Board.
The Washington PostPoll Finds Voter Confidence in Economy at Nearly Four-Year Low
A recent poll shows voter confidence in the economy has fallen to its lowest level in nearly four years. Concerns about rising costs remain a key issue for Republicans ahead of the midterm elections.
csmonitor.comIran Faces Higher Prices and Job Losses After U.S. and Israel Strikes
Iranian residents report sharp increases in food prices and widespread job losses following weeks of U.S. and Israeli strikes. An internet blackout and shipping disruptions have added to the economic strain.
The Sydney Morning HeraldAustralia reports higher unemployment and new diphtheria funding
The Australian Bureau of Statistics said the unemployment rate rose to 4.5 percent in April. The government announced a $7.2 million package to address a diphtheria outbreak.
BloombergArgentina Economy Grows More Than Expected in March
Argentina's economy expanded in March following a contraction in February. The rebound exceeded forecasts according to official data.
etftrends.comFederal Reserve Official Discusses AI Effects on Employment
A Federal Reserve official stated that artificial intelligence is not expected to reduce overall employment levels. The official noted that the shift to greater AI use may create adjustment challenges for workers.
etftrends.comFed Official Notes Significant Inflation Challenge While Job Market Holds Steady
A Federal Reserve official described inflation as a significant ongoing problem during a radio interview. The same official stated that the job market remains stable despite the inflation pressures.
morningstaronline.co.ukTurkey Approves Tax Amnesty for Exporters
Turkish lawmakers passed a tax amnesty package aimed at supporting exporters and attracting foreign investment. The measures come as the country faces economic strain linked to ongoing conflicts.
nbcnews.comTrump Administration to Ease Refrigerant Rule for Grocery Stores
The Trump administration plans to loosen a federal rule on greenhouse gas emissions from cooling equipment used by grocery stores and air-conditioning companies. Officials say the change will cut business costs and help lower grocery prices for families.
thehindu.comU.S. S&P Global PMI Data Shows Manufacturing Strength in May
U.S. manufacturing activity expanded more than expected in May while services activity eased slightly below forecasts. The composite reading held steady near the prior month.
The IndependentU.S. Unemployment Claims Fall to 209,000 as Oil Prices Rise
New applications for unemployment benefits dropped last week while inflation and energy prices increased. The Labor Department reported the data Thursday amid ongoing Middle East conflict and higher oil costs.
thehindubusinessline.comU.S. Jobless Claims Fall to 209,000 for Week Ending May 16
Applications for unemployment benefits declined last week. The Labor Department reported the figure came in below analyst forecasts.
thehindu.comFrance's Economic Growth Slows After Iran Conflict
France's economy showed signs of weakening as effects from the Iran conflict spread. The slowdown threatens government efforts to reduce the budget deficit ahead of an upcoming election.
The HillTrump Approval Rating Falls to 39.7 Percent Amid Iran War and Rising Gas Prices
President Trump's approval rating stands at 39.7 percent with 57.6 percent disapproval in the Decision Desk HQ average. Multiple polls released Wednesday showed further declines, particularly on his handling of the economy.
The BbcFirst Minister Pledges to Raise Wages and Increase Welsh Contracts
Rhun ap Iorwerth told trade unions his government will work to reverse Wales' low-pay status. He spoke at the TUC Cymru congress in Llandudno on Thursday.
ibtimes.co.ukGlobal Economy Grows Slower, Inflation Rises With Energy Shortage
The global economy is showing signs of waning momentum and mounting inflation pressures during its third month of a war-induced energy crunch. Data indicate slower growth and rising prices in multiple regions.
uctoday.comVenezuela's Cayena Hotel Draws Investors Ahead of Expected Economic Revival
The Cayena Hotel in Venezuela has become a gathering point for investors seeking opportunities tied to an anticipated economic recovery. The location reflects growing interest in the country following the post-Maduro period.
nationalpost.comNorth Carolina Swing Voters Express Economic Concerns but Maintain Support for Trump
Swing voters in North Carolina who supported Biden in 2020 and Trump in 2024 voiced frustration with economic conditions and the ongoing war in Iran. Focus groups showed they still view the president as a strong leader and are not prepared to support Democrats ahead of the midter…
yahoo.comUK Reaches Trade Deal with Six Gulf States
The agreement covers Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Officials estimate it will remove £580 million in annual tariffs on British exports once fully implemented.