Iran and iPhones add to Reserve Bank’s inflation pickle
The rising cost of oil and iPhones is concerning the Reserve Bank of Australia as it approaches a…
OpenAI’s Chief Economist on What It Takes to Study AI’s Impact on Work
At OpenAI, understanding AI’s impact on jobs is a job in itself. Employees on the company’s economic research…
Strong US job growth beats expectations in May, firming recent gains
The leisure and hospitality industry added 70,000 jobs in May, well above its average monthly gain over the…
Goldman Sachs Says Recession Odds Are Falling As Iran-War Impacts Muted
Goldman Sachs thinks the odds of a recession have come down. Loading audio narration… The Iran war remains…
China’s Economy Rides Out War as Growth Unexpectedly Hits 5%
(Bloomberg) — China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far…
Europe’s Economy Can Ride Out Iran War — If Over in a Month
(Bloomberg) — The next four weeks will determine whether Europe’s economy is facing a fresh crisis or simply…
Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
Last summer, Bank of America Research predicted a “sea change” in the economy as companies showed increasing signs…
Americans have a new thing to worry about: A stuck job market with no quick fix
The latest jobs report had its share of shutdown-related quirks, but a familiar theme cut through the noise:…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots
Shoppers look at school supplies at a Walmart in Dallas on August 12. – LM Otero/AP Americans ramped…
The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says
The Federal Reserve may have more at stake than economic growth as policymakers prepare to meet on rates…
TD Economics – WATCH: Beata Caranci speaks on new report ‘Tails we win, heads you lose’ with MoneyTalk
According to a new report from TD Economics, the U.S. has been an economic disruptor of itself. Whether…