Topic
Economy
60 stories related to this topic, newest first.
benzinga.comfinance6 hrs ago
U.S. Health and Food Scores Hold Near 80 Percent in $32 Trillion Economy While Job-Finding Ability Ranks 10th Among Peers
Human Rights Measurement Initiative data show the United States achieving 80 percent of its potential on health and 81 percent on food security in recent years. Scores on work and income stand at 27 percent, the lowest among OECD countries. Recent policy changes have reduced acce…
Fortunefinance6 hrs ago
U.S. Military Begins Third Night of Strikes Against Iran
CNBC reported multiple developments including military action, a Senate nomination, budget figures, a court ruling, shipping plans and data center technology.
finance.yahoo.comfinance8 hrs ago
U.S. June CPI Release Scheduled Tuesday at 8:30 A.M. EST
Economists expect headline inflation to decline 0.1 percent month over month. The reading would mark the softest monthly change since June 2025.
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Washington Examinerfinance15 hrs ago
U.S. Inflation Rises to 4.2% After Iran War, Up From 2.4% in January
Inflation climbed from 2.4% in January to 4.2% last month after energy prices increased during the war in Iran. Economists and Federal Reserve officials say the monetary conditions that produced nearly 9% inflation in 2022 are not present.
news.google.compolitics18 hrs ago
Kenya-UK Bilateral Trade Surpasses Sh340 Billion One Year After Strategic Partnership Signed
Bilateral trade between Kenya and the United Kingdom reached a record Sh340 billion. British companies employ about 250,000 Kenyans and projects under the partnership are projected to support more than 100,000 jobs. The two countries have also begun talks on a digital trade agree…
leftfootforward.orgfinance18 hrs ago
Poll: 60 % of public say Farage acted incorrectly on gifts; 50 % of Reform voters disagree
A YouGov survey showed most voters disapprove of Nigel Farage's handling of a £5m gift. Separate government plans target deportation of a convicted offender while GDP data are due this week.
etftrends.comfinance19 hrs ago
South Korea Forecasts 500 Trillion Won Tax Revenue and 800 Trillion Won Spending for 2027
Budget Minister Park Hong-keun announced the record projection at a presidential office meeting on July 13. The government plans a future response fund and 800 trillion won in next-year spending.
Yonhapbusiness16 hrs agoUpdated
South Korea to Create Fund for Future Industries Using Semiconductor Tax Revenue
President Lee Jae Myung said Monday the government will establish a future response fund financed by extra tax revenue from the AI semiconductor boom. The fund will support investments in future industries, youth policies, regional development and education.
hollywoodreporter.comfinance19 hrs ago
Norway Industrial Production Fell 1 Percent Month-over-Month in May While Manufacturing Rose
Norway's overall industrial output declined 1.0 percent from the prior month in May while manufacturing rose 0.7 percent. The data revised earlier estimates lower for both overall and annual comparisons.
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ndtv.compolitics1 day ago
Russia's federal budget deficit reached 6 trillion rubles by end of May, exceeding full-year projection
A European intelligence report details rising loan defaults and a widening fiscal gap. The finance ministry is preparing to tap pension savings while banks flag debt risks.
realitytea.compolitics1 day ago
Polls Show Rising Disapproval of Trump Among White Non-College Voters
A CBS News-YouGov poll in May found 54 percent of white non-college voters disapproved of President Trump's job performance, up from 32 percent in February 2025. Similar surveys from NPR/PBS/Marist, Fox News, and Reuters/Ipsos recorded disapproval rates between 48 and 51 percent…
mexiconewsdaily.combusiness2 days ago
Vietnam Tops U.S. Trade Deficits in May at $20.6 Billion, Mexico Close Behind
U.S. bilateral trade deficits reached $20.6 billion with Vietnam and $20.1 billion with Mexico in May 2026. The data come from American statistical agencies on a balance-of-payments basis.
thenarwhal.cabusiness3 days ago
Kelowna Adds 2,300 Jobs, Unemployment Rate Rises to 9.2%
The Kelowna area added jobs last month but saw its unemployment rate climb as more people entered the labour market. British Columbia's overall rate fell to 6.5 per cent.
nbcnews.comfinance3 days ago
U.S. Economy Grew in First Quarter of 2026 on Tech Investment and Government Spending
A Federal Reserve report found that first-quarter 2026 growth was supported by high-tech investment and government spending. Long-term inflation expectations remained broadly consistent with the 2 percent target.
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crowdfundinsider.comfinance3 days ago
Fed Report Notes Higher Private Credit Redemptions, Stagnant Housing, and Strong Factory Output in Q1
A Federal Reserve report detailed increased redemption requests in some private credit vehicles during the first quarter alongside stagnant housing activity. Manufacturing output strengthened from AI-related data center spending while foreign growth remained subdued.
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business3 days ago
U.S. Median Existing-Home Price Hits Record $440,600 in June
The national median sales price for existing homes reached an all-time high of $440,600 last month. Sales volume fell 2.4 percent from May while inventory edged lower.
ndtv.comworld3 days ago
Gaza Unemployment Hits 80 Percent Two Years After War Began
Rawan al-Jabali and Mohammed al-Khudari, both graduates of the Islamic University of Gaza, have searched for work without success since completing their studies. Unemployment stands at 80 percent and poverty exceeds 93 percent across the territory.
deadline.comfinance3 days ago
Italy Industrial Production Falls 0.3 Percent Month on Month but Rises 1.1 Percent Year on Year in May
Italy's industrial output declined more than forecast in May. The month-on-month reading came in at -0.3 percent versus an expected -0.2 percent.
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france24.comfinance3 days ago
France June CPI Rises 1.8 Percent Year Over Year
France's final consumer price index for June increased 1.8 percent from a year earlier. The month-over-month reading declined 0.3 percent, exceeding the expected drop.
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crowdfundinsider.comfinance4 days ago
Federal Reserve Survey Finds 49 Percent of Young Adults Live With Parents, Household Financial Comfort Near Post-Pandemic High
The Federal Reserve's latest Report on the Economic Well-Being of U.S. Households shows 49 percent of adults ages 18 to 29 live with parents. Another 47 percent in the same group received outside financial help for expenses. The figures exceed last year's levels and extend to adu…
theconversation.comfinance4 days agoUpdated
Existing-Home Sales Fall 2.4% in June, Rise 2.8% Year-over-Year as Median Price Hits Record
Sales of previously owned homes fell to a 4.09 million annualized rate. Inventory tightened slightly and the median price hit an all-time high.
livemint.comfinance5 days ago
Thailand’s 50 Richest List Shows Combined Wealth Up 10% to $187 Billion
A stock market rally lifted the combined net worth of Thailand’s 50 richest individuals by 10% to $187 billion. Thirty-three members of the list increased their wealth while the minimum threshold for inclusion rose to $555 million.
Yonhapbusiness5 days ago
Asian Development Bank Raises South Korea 2026 Growth Forecast to 2.6 Percent While Lifting Inflation Outlook
The Asian Development Bank lifted its 2026 growth projection for South Korea to 2.6 percent, citing global AI demand. It also raised its 2027 outlook and inflation estimates.
The Hillpolitics5 days ago
Poll finds 95 percent of U.S. adults see affordability crisis
A Harris Poll survey released Wednesday found that 95 percent of U.S. adults believe the country faces an affordability crisis. The poll also recorded a 20-percentage-point rise in the share saying the economy is getting worse.
Fortunefinance5 days ago
IMF Projects 3 Percent Global Growth for 2026 After Energy Shock
The International Monetary Fund cut its 2026 global growth projection to 3 percent from the 3.1 percent April estimate. The revision reflects higher energy prices after Iran closed the Strait of Hormuz in February. Growth is projected to rise to 3.4 percent in 2027.
thenation.comfinance5 days ago
Manchester Saw Steepest Fall in Living Standards Among Major English Cities From 2021 to 2023
Residents' purchasing power dropped 7 percent, exceeding the national average decline. The Resolution Foundation analysis covered real disposable incomes across major cities.
Japan Timesbusiness5 days ago
Japan Updates Economic Plan to Add Stable-Inflation Language While Keeping Existing Monetary-Policy References
The government updated its annual economic and fiscal agenda on July 8 to call for monetary policy that supports stable price increases. The change replaces earlier wording focused solely on achieving a stronger economy.
nbcnews.comworld5 days ago
South Korea's digital industry sales rose 9.3 percent to 1,378 trillion won in 2024, reaching 15.2 percent of total industrial output
Government data released Wednesday showed the sector accounted for 15.2 percent of total industrial output. Sales reached more than half the level of conventional manufacturing amid higher AI investments.
azernews.azfinance5 days ago
Sweden Industrial Orders Fall 3.2 Percent Month Over Month in May; Production Values Rise
Sweden reported a slowdown in industrial orders and mixed production readings for May. Year-over-year industrial orders dropped sharply from the prior period while private-sector output rose.
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Yonhapworld6 days ago
South Korea Records Record $38.61 Billion Current Account Surplus in May as Services Deficit Narrows
The Bank of Korea reported the largest monthly surplus on record, driven by a surge in semiconductor exports. The figure exceeded the prior high set in March and marked the 37th consecutive monthly surplus.
The Guardianfinance6 days ago
Australian Prime Minister to Host Pacific Leaders at Rugby Match
Leaders from Tonga, Samoa and Papua New Guinea will join the Australian prime minister at the State of Origin decider in Brisbane. The visit coincides with a major mobile network outage affecting Telstra customers.
The Hillfinance6 days ago
Pundit tells Americans to buy stocks
Conservative commentator Bill O'Reilly advised Americans to enter the stock market and stop complaining about prices. He cited his own portfolio gains and 4 percent inflation during a Monday broadcast.
France 24finance6 days ago
Bundeswehr Applications Rise 23 Percent in January 2026
Applications to Germany's military increased sharply last winter as the country rearms during a recession that has eliminated thousands of industrial and service jobs. France 24 reported that many young applicants view service as a fallback rather than a vocation.
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focustaiwan.twworld6 days agoUpdated
Labor Lowers 2027 Minimum Wage Bid to 11,500 Won, Business Raises Offer to 10,440 Won
Labor representatives proposed 11,500 won per hour for 2027 while business offered 10,440 won during a July 7 session. The gap between the sides narrowed to 1,060 won from the prior week.
Japan Timespolitics6 days ago
Economic policy minister says government is not pushing for low interest rates
Economic policy minister stated that reports claiming the government seeks to keep interest rates low are inaccurate. The remarks address investor questions about the administration's approach to fiscal and monetary policy.
koreaherald.comworld7 days ago
South Korea 2026 GDP Growth Forecasts Average 3 Percent After Upward Revisions
Eight major global investment banks lifted their average projection for South Korea's 2026 GDP growth to 3.0 percent by the end of June. The revision follows record June exports led by semiconductor shipments tied to AI demand.
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news.google.comfinance7 days ago
U.S. Services Sector Activity Holds Steady in June
The ISM services PMI remained at 54 in June, matching forecasts and showing continued expansion though at a slightly slower pace than May. The reading points to steady demand across non-manufacturing industries.
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nbcnews.comfinance7 days ago
Trump Rings NYSE and Nasdaq Opening Bells from Oval Office as Inflation Rises and Economic Approval Stands at 33 %
President Donald Trump rang the opening bells for the New York Stock Exchange and Nasdaq at 9:30 a.m. EDT on July 6, 2026, from the Oval Office. The event promoted Trump Accounts created under the 2025 tax and spending cuts bill.
livemint.comworld7 days ago
UAE Non-Oil PMI Drops to 50.8 in June, Lowest Since February 2021
Semafor reported the UAE non-oil private sector PMI fell to 50.8 in June 2026. Employment declined at the fastest pace since 2020 while Saudi Arabia's reading rose to 53.3. Kuwait and Qatar stayed below the 50-point expansion threshold.
news.sky.combusiness7 days ago
Spending at Restaurants and Bars Rises in U.S. World Cup Host Cities
Bank of America data shows brick-and-mortar spending at restaurants and bars in the 11 host cities increased 5.3% year over year in the three weeks ending June 27. The gain exceeded the 3.8% national increase reported for the same period.
business7 days ago
Business groups urge 2.4 percent national living wage rise next year while Low Pay Commission projects up to 5 percent by 2027
Two major British business groups cautioned that further above-inflation increases to the national living wage could harm employment and push up prices. The CBI and BCC cited recent cost pressures already forcing firms to cut staff and delay investment. They called for a smaller…
news.google.comworld7 days ago
Nigeria Private Sector Grows in June but Manufacturing Output Falls
The Stanbic IBTC PMI for June 2026 showed continued growth in Nigeria's private sector, with business activity rising for the fifth straight month even as manufacturing output fell. Employment increased for the 13th consecutive month while input costs rose at a substantial pace.
forexlive.compolitics8 days ago
Dallas Fed Paper Links Unauthorized Immigration to Higher Home Prices, Rents, and Local Employment
A Federal Reserve Bank of Dallas working paper found that each 1% increase in unauthorized workers relative to a local labor force was associated with a 2.2% rise in home prices and a 1.4% increase in rents. The study covered the period from March 2021 to March 2024.
sbs.com.aubusiness8 days ago
Reserve Bank of Australia Cannot Account for $32 Billion in Banknotes
Abc reported that Reserve Bank of Australia estimates place only about 70 percent of circulating banknotes in tracked categories, leaving $32 billion unaccounted for. The figures draw on data for legitimate transactions, losses, domestic and international hoarding, and shadow eco…
jns.orgbusiness8 days ago
Iranian Leaders Attend Prayers Over Khamenei Casket on Second Day of Funeral
Iranian leaders attended prayers Sunday over the casket of late supreme leader Ali Khamenei. A contributing writer at the Atlantic said normalizing relations with the US is needed to address Iran's economy.
Yonhapworld8 days ago
South Korea’s average working hours fell 32 hours to 1,833 in 2025 but stayed 97 hours above OECD average
South Korea recorded 1,833 average annual working hours in 2025, down from 1,865 the prior year. The total remained 97 hours above the 36-nation OECD average of 1,736 hours. The government has set a 1,700-hour target for 2030.
finance9 days ago
U.S. Goods Trade Deficit Widens 27% in May to $105.8 Billion
@KobeissiLetter reported that the deficit reached its highest level since March 2025. Exports dropped while imports rose on data center equipment purchases.
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upgradedpoints.comfinance9 days ago
Canada Adds 88,000 Jobs in May as Unemployment Falls to 6.6 Per Cent
Statistics Canada reported an 88,000-job gain in May, well above forecasts. The national unemployment rate dropped three-tenths of a point to 6.6 per cent.
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Abc Newsfinance9 days ago
U.S. Employers Added 57,000 Jobs in June as Consumer Confidence Rose Slightly
The Labor Department reported Thursday that hiring slowed sharply last month while the unemployment rate fell to 4.2 percent. The Conference Board said its consumer confidence index edged up 0.6 point to 91.2 in June, remaining below year-ago levels.
The Japan Timesbusiness10 days ago
Japan Records Record Battery Fires Alongside Record Tax Revenues in Fiscal 2025
The Environment Ministry reported 36,760 lithium-ion battery incidents, up sharply from the prior year. The Finance Ministry separately said tax revenues reached a sixth straight record at ¥84.22 trillion.
usatoday.compolitics10 days ago
One Year After Trump Signs Tax Bill, Effects on Households and Programs Emerge
The One Big Beautiful Bill Act extended 2017 tax cuts and added new deductions while imposing work requirements on SNAP and ending EV incentives. Impacts on high-income households, corporations, seniors and federal aid recipients are now measurable.
theyeshivaworld.combusiness10 days ago
National Gas Average Drops to $3.84 per Gallon from June Peak Above $4.56
The national average price for regular gasoline stands at $3.84 per gallon after a June peak above $4.56. AAA projects 61.4 million people will travel by car over the holiday weekend.
uctoday.comworld10 days ago
OECD Countries Record 847 Million International Tourist Arrivals in 2025
International arrivals rose 3.4 percent across OECD nations last year. Growth varied sharply by country while several reported declines.
nbcnews.comai10 days ago
U.S. Economy Adds 57,000 Jobs in June, Half the Forecast Total
The Bureau of Labor Statistics reported weaker-than-expected hiring for June alongside a drop in the unemployment rate to 4.2 percent. Financial and information sectors continued shedding roles amid rising AI-related layoff announcements tracked by Challenger, Gray & Christmas.
ZeroHedgefinance10 days ago
US Markets Closed for Holiday as S&P Futures Rise and Dow Futures Fall
US cash equity markets were closed July 3 for the July 4 holiday. Futures pointed higher while Asian and European shares advanced after weaker US jobs data reduced expectations for near-term Federal Reserve rate hikes. ZeroHedge reported the moves in gold, bitcoin and regional be…
xxlmag.compolitics10 days ago
Create Streets Calls for 120-Year Lifespan for Bricks in Carbon Assessments as UK Brick Output Falls 32 Percent
Create Streets recommends extending the assumed lifespan of bricks to at least 120 years in whole-life carbon calculations. GB News reported that the current 60-year benchmark under RICS standards may disadvantage brick use. The UK brick sector employs nearly 8,000 workers and co…
nbcnews.comfinance10 days ago
U.S. Economy Adds 57,000 Jobs in June, Less Than Expected
@Reuters reported the U.S. economy added 57,000 jobs in June. Analyst Joachim Klement of Panmure Liberum said the figure allows the Federal Reserve time to monitor inflation trends.
Fox Newspolitics10 days ago
National Mall Fair Attendees Give U.S. Economy B or Lower Ahead of 2026 Midterms
Fox News Digital interviewed visitors at the Great American Fair on the National Mall about the economy and its weight in November 2026 midterm voting. Most assigned passing grades while several said economic conditions would not decide their ballots.
forbes.comfinance10 days ago
China June Retail Sales and Car Sales Rise Month Over Month but Fall Year Over Year
Preliminary data show China's retail sales and car sales both increased from May but declined compared with June a year earlier. The figures cover the month ending June 30.
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South China Morning Postworld10 days ago
German coalition agrees on 34-point economic package
Germany's ruling coalition approved a 34-point plan on Thursday to revive the economy. The package includes calls for stronger European-level protection against unfair trade practices.