Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ of last 3 years
A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
David W Higgins: When the US turns to protectionism, Ireland’s slice of the pie begins to shrink
Policymakers here are right to anticipate a slowing FDI pipeline and so must set budgets accordingly when protectionism…
Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…
Canadian CPI August 2025: Inflation Accelerates Less Than Expected at 1.9%
Canadian underlying price pressures eased, even as the headline rate quickened slightly, clearing the way for the central…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.comUK jobs market slows again as payrolls, wage growth dip rte.ieYoung…
Top 10% of Earners Drive a Growing Share of US Consumer Spending
Wealthy consumers continue to account for a growing share of US consumer spending, highlighting the lopsided strength of…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
Why after Trump tariffs, the US and world economy are still holding up
New York: At the start of this year, there was consensus among economists, bankers, investors and business community…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…