Economics

Exclusive news, analysis and commentary on the US and global economy, central bank policy, interest rates, trade, and consumer sentiment.

Energy

After Oil, the UAE Wants to be a Renewables Giant

Photo by Thomas Reaubourg via Unsplash

With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.

1 min read
International Economics

Amid Wars and Economic Malaise, Latin America Could Be a Place to Grow

Photo by Alex Proimos via CC BY 2.0

While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.

1 min read
Real Estate

The UK Rental Market is Americanizing

Photo by Huy Phan via Pexels

Institutional investors, including so-called US mega landlords, have increasingly been gaining dominance in the UK’s rental market.

1 min read
Personal Finance

Millionaires are Fleeing the UK in Droves in Favor of Tax Havens like the UAE

(Photo by Christopher Bill on Unsplash)

Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.

2 min read
Semiconductors

The G7 Wants to Get Involved with Semiconductors and Subsea Cables

Photo by Vishnu Mohanan via Unsplash

The Group of Seven countries are forming a group that will rejigger the semiconductor supply chain and lay out new subsea internet cables.

2 min read
Inflation & Prices

Will Cooling Inflation Spur a Fed Pivot?

Photo by J.Marca Executive via Public Domain Mark 1.0

Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?

2 min read
Inflation & Prices

Small Businesses Feel the Pinch of Higher-for-Longer Interest Rates

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

As the prospect of higher-for-longer continues to sink in, small businesses are beginning to feel the pinch, per Bloomberg.

2 min read
International Economics

Europe’s Disruptive Election Rocked the Region’s Markets

Photo by Faces Of The World via CC BY 2.0

Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.

1 min read
Patent Drop

PayPal “Fairness-Aware” Model Patent Highlights Bias Issues in Financial AI

Photo via U.S. Patent and Trademark Office

The filing highlights the importance of eliminating bias in AI-powered financial platforms.

2 min read
International Economics

Canada Slashes Interest Rates, Europe Likely to Follow Suit

Image Credit: iStock Images, Gabriel Shakour

Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.

2 min read
Inflation & Prices

Hooray? The US Economy May Finally Be Slowing

(Photo by Federal Reserve Board of Governors via Flickr)

It has taken a while, but recent data suggests that the Federal Reserve’s rate hikes may finally be taming inflation.

2 min read
Indicators

The Inverted Yield Curve Usually Predicts a Recession — Until Now

Photo by Sam Lion via Pexels

The yield curve has now been inverted for around 400 trading sessions, and there’s no recession in sight. So what gives?

1 min read
Personal Finance

Best Buy and Amazon Are Among Most Impersonated Companies by Scammers

Photo by Jenny Ueberberg via Unsplash

Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.

1 min read
Personal Finance

More Working People Feel Good About Their Finances

Photo by Amy Hirschi via Unsplash

The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.

1 min read
Inflation & Prices

Fed Official Hints That Future Rate Hikes Are Off the Table

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Christopher Waller said that the high interest rates may finally have the fight against inflation back on track.

2 min read
Real Estate

Luxury Stores Are Bucking the Commercial Property Downturn

Photo by Christian Wiediger via Unsplash

High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.

1 min read
Inflation & Prices

April’s Inflation Report Finally Hints at Progress

Photo by Atoms via Unsplash

The CPI rose just 0.3% from the previous month. Perhaps most importantly, the annual core rate fell from a year earlier.

2 min read
International Economics

Bargain-Hunting Investors Are Bidding Up UK Stocks

(Photo by Christopher Bill on Unsplash)

UK stocks have been outperforming US stocks on a broad index-based level for the past seven weeks, but this isn’t a case of a UK renaissance.

2 min read
Economics

Is the US Seeing a Startup Boom?

Photo by Growtika via Unsplash

After a slump through the latter half of the last decade, the US is experiencing a startup tsunami, according to The Economist.

2 min read
International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

Photo by Tiger Lily via Pexels

European productivity has increased only about 20% since 2000, about one-third the rate of the US.

2 min read