Breakfast briefing: A tale of two markets
Here’s our summary of key economic events overnight that affect New Zealand, with news the equity markets and…
Unemployment rate rises to 5.2%
New Zealand’s jobless rate hit a five-year high in June, rising from 5.1% to 5.2% as thousands of…
Long-Term Unemployment Rises In Worrying Sign For U.S. Labor Market
WASHINGTON – Signals of labor market weakness go beyond the headline numbers that prompted President Donald Trump to…
How 39% Swiss tariffs will hit prices
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of…
Business surveys add to concerns about cooling US growth | snaps
More disappointing US data today in the form of the July ISM services index, which fell to 50.1…
No end in sight for fiscal drag
[InTime News] Greece is included in the list of European countries exposed to the risk of the so-called…
Most Americans are stressed about grocery prices, despite Trump’s weird falsehoods
On a nearly daily basis, Donald Trump boasts that gas prices have fallen below $2 per gallon in…
US services sector misses expectations, tariff concerns hurt growth in July
The US services sector experienced a slowdown in July, with activity levels dipping below expectations, news agency AFP…
Productivity Commission predicts $116b boost to GDP from AI but a ‘painful transition’ for workers who lose jobs
Artificial intelligence could inject $116 billion into the Australian economy over the next decade, but it will bring…
China’s property slump may be bottoming, as analysts point to hopeful signs of recovery
China’s slumping property market may finally be reaching a bottom, as credit has resumed flowing to developers while…
Gold price pulls back from high after ISM Services PMI falls to 50.1 in July – KITCO
Gold price pulls back from high after ISM Services PMI falls to 50.1 in July KITCOS&P Global service PMI…
Hiltzik: Trump’s economy comes home to roost
For a brief, shining moment last week, it seemed as if the U.S. economy had dodged a tariff-powered…