Tag: Economy

US Treasury sanctions over 30 entities in Iran pressure campaign

Government spending lifts global debt to a record $348 trillion in 2025, says IIF

Joseph Stiglitz just dropped a stark verdict on the economy, and he isn’t sugarcoating it. “Uh, not great right now, and the prospects are that it’s going to get worse,” he said during a recent CNBC interview. What concerned him more was the policy framework, especially tariffs…

Bank of Korea to keep interest rates steady at 2.50% through 2026: Reuters poll 

In my 30-plus years of experience publishing news and analysis about finances and economic policy, I’ve seen a number of changes to federal retirement programs that affect people’s lives. Each year, new modifications are introduced to Social Security, Medicare, and retirement savings programs such …

The trucking industry has faced economic distress with declining revenues and profits since 2022, which companies have blamed on reduced shipping demand, lower freight rates, and rising costs of labor, fuel, and insurance driven by inflation. Industry experts have called the downturn the Great …

New Zealand’s central bank sees inflation slowing but ready to act if outlook changes

Fed minutes show officials grappling with policy split, impact of AI on economy

Luxury fashion may portray an image of glamor and exclusivity, but not all that glitters is gold. Behind the more than five-figure price tags and highly coveted brand names, the industry has struggled with declining sales and cautious consumer spending amid ongoing economic uncertainty. Founded in …

The beer industry has faced economic distress over the last two years, with overall U.S. beer production and imports down 1% in 2024 and craft brewer volume sales declining 4% in 2024 and about 5% in 2025, according to a Brewers Association report. Domestic beer shipments also declined 5.9% in …