economy
Coverage of economy in the Nexus archive.
- Kevin Warsh wants fewer press conferences. Why that’s bad for the economy and your money.
Kevin Warsh advocates for fewer press conferences, which the article argues could negatively impact the economy and personal finances. The Federal Reserve chair is scheduled to testify before Congress, with lawmakers urged to question him about transparency.
- Beijing’s evolving carbon road map balances climate targets and energy security
Beijing has released a five-year plan to peak carbon dioxide emissions by 2030, emphasizing expansion of nuclear and green energy while ensuring energy security for the economy and artificial intelligence sector.
- South Africa Economy Nears ‘Escape Velocity,’ Standard Bank Says
Standard Bank states that South Africa's economy is nearing 'escape velocity.' Highway construction is highlighted as part of the country's economic activities.
- OU professor on oil, stocks & the economy
Oakland University Associate Professor of Management Michael Greiner discusses falling oil prices, rising stock prices, and the overall state of the economy.
- Gaylord Opryland's $131M expansion expected to boost jobs, tourism and Nashville economy
Gaylord Opryland's $131M expansion is projected to create jobs, generate millions in tax revenue, and enhance Nashville's status as a top destination for conventions and tourism.
- Survey: US Hispanics divided on whether heritage hinders opportunities
A Pew Research Center survey found U.S. Hispanics are divided on whether their heritage hinders or helps opportunities, with 33% reporting discrimination and 25% noting support due to their identity. Political leanings influence perceptions, as Trump voters were less likely to report disadvantage compared to Harris voters. The 2024 election saw nearly half of Hispanic voters support Trump, though many later disapproved of his policies.
- Delaying Social Security reform raises risks for bond markets and the economy, research finds
Social Security's trust fund for retirement benefits is projected to deplete by late 2032. Research indicates delaying reform could create serious economic risks for bond markets and the broader economy.
- Iran’s economy faces long road to recovery as fragile truce tested
Iran’s economy is struggling to recover from the damage caused by two wars in a year, with industrial facilities severely affected. Analysts suggest reversing this devastation may take years.
- Undeterred by blasts, Macron says France ready to help rebuild Syria's economy
Macron states France is prepared to assist in rebuilding Syria's economy despite blasts. The article focuses on business and economic developments.
- Why is Trump attacking ‘communists’? Because he’s run out of cards to play | Robert Reich
Trump is shifting focus to attacking 'communists' as he faces challenges in the economy, foreign policy, and immigration before the midterms. His strategies on these issues have become unpopular, leaving him without effective messaging options.
- Half of Americans struggle to afford groceries and gas, exclusive poll finds
A Harris Poll survey for the Guardian found 95% of Americans believe the US is facing an affordability crisis, with 57% perceiving the economy as worsening. Many report struggles with rising grocery and gas costs.
- Half of Americans struggle to afford groceries and gas, exclusive poll finds
An exclusive Harris Poll survey for the Guardian reveals 95% of Americans believe the US is facing an affordability crisis, with 57% citing worsening economic conditions due to rising grocery and gas costs. The poll highlights concerns amid the war in Iran and approaching midterm elections.
- As oil exits the ‘danger zone,’ here’s what history suggests happens next for stocks
The article discusses how a decline in oil prices, exiting the 'danger zone,' is seen as a positive economic indicator by Evercore ISI, potentially benefiting stocks.
- As America retreats, By Uddin Ifeanyi
The article discusses the Trump administration's narrative that America faces global challenges and an economy previously poorly managed. It references the administration's ideologues portraying the U.S. as surrounded by adversaries.
- Iran needs to 'normalise relations with the US somehow' to save economy, expert says
An Iranian expert stated that Iran needs to 'normalise relations with the US somehow' to address its struggling economy, which has been impacted by ongoing conflict with the US and Israel. The country is holding funeral ceremonies for its late supreme leader Ali Khamenei.
- America In Focus: consumers still gloomy about economy; US hiring falls in June
Americans’ attitudes toward the economy improved slightly this month due to declining gas prices, but their overall outlook remains mostly negative by historical standards. US hiring fell in June, according to the report.
- Quakes reduce Venezuela tourist town to rubble, leaving economy in tatters
Earthquakes have devastated a tourist town in Venezuela, reducing it to rubble and severely impacting the local economy.
- We asked Americans to grade the economy. Then we asked if it would change their vote.
Fox News Digital surveyed attendees at the Great American Fair on the National Mall about their economic grade and voting priorities. Most respondents gave the economy a 'B' but emphasized values, leadership, and party affiliation over economic factors in their voting decisions. Some expressed cautious optimism about economic growth, while others noted concerns like inflation and high prices.
- James Carville breaks with famous ‘It’s the economy, stupid’ slogan because of Trump
James Carville, known for coining the 'It’s the economy, stupid' slogan during Bill Clinton's 1992 campaign, stated that allegations of corruption involving President Donald Trump have made him disavow the phrase. Carville compared Trump to George H.W. Bush, noting the latter was not corrupt, and criticized Trump's net worth increase during his presidency, prompting a defensive response from the White House.
- News Wrap: Olympian faces Reflecting Pool vandalism charge
A former U.S. Olympian faces a felony charge for allegedly vandalizing the refurbished Reflecting Pool. Over 200 million Americans are under heat warnings as the country prepares for a record-hot Independence Day, and a report indicates hiring slowed last month due to business unease about the economy.
- German coalition agrees on sweeping reform package
Germany's coalition government has agreed on a sweeping reform package to revive a sluggish economy and implement key changes. The reforms come after the coalition's first year in office.
- Labour failed to prepare properly for power, admits Keir Starmer's former top aide Morgan McSweeney - as he says Government was 'too gloomy' about the economy when it took office
Morgan McSweeney, a former top aide to Keir Starmer, admitted Labour failed to prepare properly for power and criticized the Government for being 'too gloomy' about the economy upon taking office.
- Candidate Q&As: Kauaʻi County Council – Trysten Fernandes Caberto
Trysten Fernandes Caberto, a candidate for Kauaʻi County Council, emphasizes the importance of tourism to the economy while questioning the nature of visitors' relationships with the area.
- CPI to launch campaign against ‘threats’ to Constitution, democracy
CPI will launch a campaign from August 6 to 15, involving marches, rallies, and public meetings to address threats to the Constitution and democracy. CPI leader D. Raja criticized the government on economic policies, federalism, welfare schemes, and electoral reforms.
- The job market is reaccelerating. Is the economy?
The job market is reaccelerating, raising questions about the broader economy. A bitcoin-related company has also experienced a crash.
- 'Putin doesn't care about Russians' quality of life', expert says as pessimism reaches 20-yr high
A Gallup survey shows Russians are more pessimistic about their economy than in the past 20 years, with a majority reporting worsening living standards. Konstantin Sonin, a professor at the University of Chicago, claims this does not threaten Vladimir Putin, stating 'Putin doesn't care much about the quality of living of Russians.'
- Consumer confidence ticks up as gas prices fall but Americans remain gloomy about the economy
Americans’ consumer confidence increased slightly this month due to falling gas prices, though their overall economic outlook remains largely negative compared to historical standards.
- Trump on legislation to address the nation’s housing crisis: ‘It’s a yawn’
President Trump dismissed legislation aimed at addressing the nation's housing crisis as 'a yawn' and has repeatedly ignored Americans' concerns about the economy and their financial situations.
- The central bank of central banks warns AI frenzy could trigger stock-market slump and jeopardize economy
The Bank for International Settlements (BIS) annual report warns that an AI-driven frenzy could cause a stock-market slump and economic risks, citing rich valuations, investor complacency, and circular financing as key concerns. The report highlights potential knock-on effects in credit markets as a critical warning.
- Power shift: Will Burnham’s big plan work
Andy Burnham is set to become prime minister in three weeks and will outline a 10-year plan for the economy, welfare, and devolution in a Manchester speech. The article examines the feasibility of his 'good growth in every postcode' pledge and the political dynamics surrounding cabinet appointments and defense policy.
- Indonesian students sour on Prabowo as currency weakens
Indonesian students are becoming critical of Prabowo amid a weakening currency. Protests are occurring due to economic struggles and corruption allegations affecting welfare programs.
- AI turbocharged the stock market. Now it’s firing up the economy.
AI is driving growth in the stock market and contributing to economic expansion. A modern-day gold rush is boosting U.S. GDP.
- Markets, Economy Ignoring Policy Shocks: Skelly
Skelly asserts that markets and the economy are ignoring policy shocks. The statement highlights a lack of reaction to policy changes in economic and market dynamics.
- Jawando declares himself winner of Montgomery Co. executive Democratic primary
Will Jawando leads with 40% of the vote in Montgomery County's Democratic primary for county executive, declaring himself the winner. Andrew Friedson, with 34%, acknowledges a challenging path to closing the gap. Unofficial results remain pending further ballot counting.
- Venezuela reels from earthquakes as rescuers scramble to find survivors
Venezuela is dealing with its deadliest earthquake disaster in over a century, with recovery efforts hindered by a shattered economy and a struggling health system. Rescuers are working to find survivors as the country assesses the damage.
- Slotkin says Democratic Party needs 'new leadership': 'Old models are no longer working'
Senator Elissa Slotkin argues the Democratic Party requires new leadership after 2024 election losses, emphasizing the need to focus on key issues like the economy and education. She contrasts this with Donald Trump's simple message and highlights recent victories by progressive candidates in New York primaries.
- What's driving Latino voters? "The economy, and the economy, and the economy."
Latino political strategists are analyzing races where Latino voters could significantly influence the midterm elections, particularly in House races. The economy is highlighted as the primary issue driving Latino voter priorities.
- Euro sinks to one-year low as falling oil prices ease pressure on ECB
The Euro has dropped to a one-year low as falling oil prices reduce pressure on the European Central Bank. Traders are reducing bets on additional interest rate increases amid a slowing economy.
- South Africa: SARS Says R40 Billion Went Back to South Africans Last Year
SARS paid R40 billion in tax refunds last filing season, exceeding the amount collected from taxpayers during the same period. The refunds are described as driving the economy, with SARS emphasizing the importance of processing them quickly.
- Keir Starmer’s resignation speech in full
Keir Starmer announced his resignation as leader of the Labour Party after two years in office, reflecting on achievements including economic growth, reduced NHS waiting times, and increased defense spending. He emphasized reforms to address antisemitism and rebuild the party's reputation.