Specialized search for economics

58+ min ago  (1369+ words) President Donald Trump's sweeping tariffs have been deemed illegal by the U. S. supreme court, but that doesn't mean he's changing his view on the policy tool " far from it. "The TRADE DEFICIT was down 55%, the biggest drop in history," Trump declared…...

23+ min ago  (1025+ words) JPMorgan Chase CEO Jamie Dimon on Tuesday urged US lawmakers to vote in Kevin Warsh as Federal Reserve Chair as soon as possible, while Treasury Secretary Scott Bessent voiced confidence that would happen in spite of impending hurdles at the…...

1+ hour, 22+ min ago  (698+ words) IMF Chief Economist Pierre-Olivier Gourinchas said the global economy is more resilient today than during the oil shocks of the 1970s The IMF cut its 2026 global growth projection Tuesday, warning that the world economy could be "thrown off course" by war…...

1+ hour, 23+ min ago  (110+ words) Economists predict higher grocery prices in coming months, even if the current two-week ceasefire between the U. S. and Iran leads to a permanent end to the Iran War. Grocery prices are on the rise, but not all foods see increases, according…...

1+ hour, 16+ min ago  (139+ words) The European Union's economy commissioner on Tuesday renewed warnings that the bloc faces a potential "stagflationary shock" as a result of the war in Iran. The conflict could shave 0. 2 to 0. 6 percentage points from the bloc's GDP this year, depending on…...

1+ hour, 35+ min ago  (496+ words) The Labor Department reported Tuesday that its producer price index " which measures inflation before it hits consumers " rose 0. 5% from February and 4% from March 2025. The year-over-year gains was the biggest in more than three years. Energy prices surged 8. 5% from February. Excluding…...

1+ hour, 50+ min ago  (222+ words) Pierre-Olivier Gourinchas, Chief Economist of the IMF, has projected that China's economic growth will slow in 2027 due to sluggish domestic consumption. He emphasized the necessity for China to shift its economic focus away from exports to sustain long-term growth. IMF…...

10+ hour, 2+ min ago  (208+ words) Namibia's central bank has lowered its economic growth forecasts for this year and next, citing a weaker-than-expected performance of primary industries, especially metals and diamond mining. The Bank of Namibia said on Monday it now expects growth of 2. 6% this year…...

8+ hour, 51+ min ago  (496+ words) Earnings season has kicked off for major banks after JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), and Citigroup (C) all reported results that beat quarterly estimates on Tuesday. Yahoo Finance Head of News Myles Udland and Kelly Intelligence founder Kevin Kelly…...

6+ day, 15+ hour ago  (560+ words) Updated Wednesday, April 8, 2026 | 6: 32 a. m. Wall Street surged in Wednesday premarket trading as oil prices plunged below $100 after the U. S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Futures for the S&P 500 jumped 2. 7% before…...