Pensioners forced back into work as inflation erodes retirement incomes: ‘It absolutely destroyed me’
Rising living costs are pushing growing numbers of British pensioners back into employment, as inflation continues to erode…
Elon Musk: Government Checks Are ‘Best Way’ to Deal With AI Job Losses
Elon Musk thinks he has a solution to AI-driven job losses: the government pays for everyone to live…
Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics…
Consumers are cutting back on spending amid higher risk of global recession
Melbourne butcher Raj Gurung is preparing for the worst. He is concerned by predictions that the global economy…
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying…
Albanese government’s frustration rises alongside fuel prices and inflation
Fuel prices and inflation aren’t the only metrics climbing as the Strait of Hormuz remains shut. The Albanese…
Fossil fuels face higher taxes than electricity under looming bill – POLITICO
Solidarity tax Austria, Germany, Italy, Portugal and Spain have also called on the Commission to propose a temporary…
Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history
American consumers are more pessimistic about the economy than at any time in recorded history. The University of…
Wholesale prices rose 0.5% in March, much less than expected despite war impact
Producer prices rose in March but considerably less than expected as the Iran war’s push on energy prices…
Singapore central bank tightens monetary policy as Iran war stokes price risks
The Monetary Authority of Singapore building in Singapore, on Wednesday, Oct. 27, 2021. The chief of Singapore’s central…
Moving from Energy Crisis to Energy Security with Renewables
New IRENA policy advisory shows strategic role of renewables for energy security and resilience; recommends actions for policy…
Why the oil price shock isn’t likely to reignite broad inflation in Canada
The recent surge in oil prices from the Middle East conflict is reminiscent of the period after the…