The economic toll of extreme weather has grown substantially, according to a World Meteorological Organization report. Extreme weather events and climate-related disasters have caused significant economic losses, reaching nearly $1.5 trillion in the decade to […]
White House press secretary Karine Jean-Pierre on Monday told Fox News’s Peter Doocy that prices of all sorts of basic items for American consumers “are going down” under President Biden. “This holiday season, families are […]
By Sebastian Boyd, Bloomberg markets live reporter and strategist There’s a possibility the yen may have touched bottom for the current cycle, at least against the dollar, with measures of interest-rate differentials between the two […]
Investing LONDON – Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous day’s OPEC guidance, while U.S. data showed inflation in […]
Authored by Peter C. Earle via the American Institute for Economic Research, The bankruptcy filing of WeWork Inc. on November 6, 2023 came with neither a whimper nor a bang, but with a laconic shrug. […]
US credit card debt continued to surge in July-September this year, marking the eighth consecutive quarter of year-over-year increases, economists at the New York Federal Reserve bank said in a report this week. According to their […]
Joining Powell in the discussion are the IMF’s Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international economics at Harvard University. Thank you for the opportunity to participate in today’s panel discussion. […]
Remember when we mocked the BEA’s recent report that Q3 GDP had hit a scorching 4.9% (well above estimates) on the back of such laughably “growth” factors as surging inventories and government consumption… … and […]
Daily Standup Top Stories Germany’s Scholz says his country willing to invest in Nigerian gas, minerals October 30, 2023 Mariel Alumit German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas […]
Egypt’s natural gas imports have ground to a halt, the cabinet said Sunday, in a development that reflects the impact of the Gaza conflict on the North African nation and could dash hopes of a […]
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