Economy - Page 19

The latest news and insights on economic trends and global markets.

June 1, 2026

U.S. Manufacturing Hits Four-Year High

Factory Activity Beats Expectations U.S. manufacturing activity increased more than expected in May, reaching its highest level in four years as companies rushed to place orders amid rising prices, shortages and disruptions

May 28, 2026

Net-Zero Industries Boost Scotland’s Economy

Green Sector Supports 105,000 Jobs Net-zero-related industries are supporting more than 105,000 jobs in Scotland and contributing £10.2bn to the economy, according to new industry research. The jobs include roles in building

May 27, 2026

Food Insecurity Rises In K-Shaped Economy

New York Fed Warns Of Growing Strain The K-shaped economy is now being linked to a sharp increase in food insecurity, according to a new blog post from the Federal Reserve Bank

Vietnam Pledges Economic Growth Despite U.S. Tariffs

by Jamie Spencer

Vietnam’s Commitment to Growth Amid U.S. Tariff Challenges Despite facing a daunting 46% tariff on its exports imposed by the U.S., Vietnam’s Prime Minister, Pham Minh Chinh, has vowed to maintain the

April 3, 2025

canada-swings-to-trade-deficit-as-exports-and-imports-stay-high

Canada Swings to Trade Deficit as Exports, Imports Stay High

by Jamie Spencer

Trade deficit in February reflects inventory buildup amid tariff fears Canada unexpectedly posted a trade deficit of C$1.52 billion ($1.08 billion) in February, reversing the previous month’s surplus of C$3.13 billion, according

April 3, 2025

Fed Officials Caution on Rates Amid Inflation Risks

by Jamie Spencer

Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy

April 1, 2025

Eurozone Inflation Eases, ECB Rate Cut Likely

by Jamie Spencer

March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the

April 1, 2025

Gold Breaks $3,100 as Tariff Fears Mount

by Jamie Spencer

Record high driven by Trump policies and geopolitical turmoil Gold prices surged to an all-time high on Monday, topping $3,100 per ounce for the first time amid fears over U.S. President Donald

March 31, 2025

Goldman Sachs Warns of Higher Recession Risk

by Jamie Spencer

Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift

March 31, 2025

Trump Auto Tariffs May Add $10K to Car Prices

by Jamie Spencer

New 25% levy targets imported vehicles and parts President Donald Trump on Wednesday announced a 25% tariff on imported cars and key auto parts, effective April 3. The new measure adds to

March 28, 2025

Irish Consumer Confidence Dives on Trade War Fears

by Jamie Spencer

Sentiment hits lowest level in nine months amid tariff threats Consumer sentiment in Ireland dropped sharply in March, hitting a nine-month low as concerns mounted over the possible fallout from a U.S.-Europe

March 28, 2025

U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook

by Jamie Spencer

Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The

March 27, 2025

Trump Tariff Fears Push Copper Prices to Record High

by Jamie Spencer

New York copper hits all-time high Copper prices in New York hit an all-time high on Wednesday, with futures spiking to $5.374 per pound before settling at a record $5.24. The surge

March 26, 2025

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