Recession off the cards but Australia faces dreary outlook, economists say | Australian economy
Fears of a recession have fallen away, with economists saying Australia is set to safely navigate the biggest…
Americans Are Giving Up Looking for Jobs
America’s unemployment rate is holding relatively steady at 4.2 percent, but a Newsweek analysis found the number of…
Why aren’t mortgage rates lower?
Why aren’t mortgage rates lower? Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress…
US trade deficit surges amid artificial intelligence spending boom | Business and Economy News
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. Published On 7…
Norway, a country of 5.5 million people that discovered oil off its coast in 1969, has built the world’s largest sovereign wealth fund — worth more than $2 trillion in 2026 and holding stakes in roughly 1.5 percent of all publicly listed shares on the planet — meaning every Norwegian citizen effectively owns nearly $400,000 of the fund on paper
A country of 5.5 million people owns, through a single state fund, close to one and a half…
Germany: Factory recovery prospects – Commerzbank
Commerzbank’s Dr. Ralph Solveen notes that German industrial output rose 0.9% in May versus April, leaving April–May production…
US Recession Risk Dashboard | Econbrowser
From Francesco Furno and Domenico Giannone, continuously updated risk assessment, at https://recessionrisk.com/ (discussed previously in this post). The…
Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most…
Washington Democrats brag about AI-fueled GDP they banned
Some Washington Democrats spent time last week on X taking a bow for GDP numbers, claiming it shows…
Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
China’s demand for crude oil is expected to peak in the coming years, a scenario set to further…
Summer peak: 31% of tourism nights in August and July – News articles
In 2025, 31.1% of all overnight stays in tourist accommodations across the EU took place during the 2…
One million more UK homeowners set to face higher mortgages – BBC
One million more UK homeowners set to face higher mortgages BBCTracker Mortgages Gain Appeal Amid Interest Rate Uncertainty and…