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Economy

12453 posts
EEconomy
RBNZ says financial system resilient but Middle East conflict to slow recovery
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RBNZ says financial system resilient but Middle East conflict to slow recovery

  • May 7, 2026
New Zealand’s central bank says its financial system is resilient and banks can withstand significant shocks, but warns…
EEconomy
Former Comptroller: the cost of living has risen 106% since 2001. Government inflation data doesn't show it
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Former Comptroller: the cost of living has risen 106% since 2001. Government inflation data doesn’t show it

  • May 7, 2026
Over the past year, the word “affordability” has worked its way into nearly every conversation where the economy is the…
EEconomy
BOJ March minutes says rates will be raised in line with improvements in economy, prices
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BOJ March minutes says rates will be raised in line with improvements in economy, prices

  • May 7, 2026
Bank of Japan held rates at 0.75% in March in an 8-1 vote, with minutes showing the board…
EEconomy
DR Congo moves to secure stake in $270 million Zambia power link amid mining energy crunch
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DR Congo moves to secure stake in $270 million Zambia power link amid mining energy crunch

  • May 7, 2026
According to the finance ministry, the proposed investment would give Kinshasa a direct role in a 200-kilometre…
EEconomy
Who's got the most disposable income?
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Who’s got the most disposable income?

  • May 7, 2026
Photo: 123RF Who has the most disposable income in the country? RNZ has crunched the data to look…
EEconomy
Bank of Canada head Macklem warns consecutive rate hikes possible if oil prices stay high
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Bank of Canada head Macklem warns consecutive rate hikes possible if oil prices stay high

  • May 7, 2026
Bank of Canada Governor Tiff Macklem warned that if high oil prices begin feeding into broader inflation, the…
EEconomy
Car payments squeeze Americans as auto debt hits $1.68 trillion: Report
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Car payments squeeze Americans as auto debt hits $1.68 trillion: Report

  • May 7, 2026
A motorist gets gas at a Shell station in Miami on April 13, 2026. Joe Raedle | Getty…
EEconomy
Eurozone economy wrestles with stagflation amid Middle East conflict, PMI data shows
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Eurozone economy wrestles with stagflation amid Middle East conflict, PMI data shows

  • May 7, 2026
Services PMI 47.6 vs 47.4 prelimPrior 50.2Composite PMI 48.8 vs 48.6 prelimPrior 50.7 Trouble, trouble. The services PMI…
EEconomy
A beer is poured in a bar
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Gas tax: How beer fuelled a debate on Australia’s energy giants

  • May 7, 2026
He has also previously said that “you do need to acknowledge the tens of billions of dollars of…
EEconomy
Why gasoline prices fell but then started climbing again
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Why gasoline prices fell but then started climbing again

  • May 7, 2026
NEW YORK (AP) — The price of a gallon of regular gasoline in the U.S. climbed 31 cents…
EEconomy
AI could solve America's $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale
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AI could solve America’s $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale

  • May 6, 2026
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s infrastructure—is predicated…
EEconomy
What if we used taxes or superannuation to control inflation, not just interest rates?
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What if we used taxes or superannuation to control inflation, not just interest rates?

  • May 6, 2026
Would you rather hand over an extra $300 a month to your bank or the federal government? I’m…
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