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High gas prices gouge Silicon Valley households
3+ hour, 21+ min ago (582+ words) Surging gas prices will cut $1. 1 billion from household income in Santa Clara and San Mateo counties this year and eliminate 2, 600 jobs, according to estimates from a San Jose economic think tank. A recent report from Joint Venture Silicon Valley shows…...
Oil price surge could push 1. 34 million Filipinos into poverty
2+ day, 10+ hour ago (293+ words) Global oil price surges could push about 1. 34 million Filipinos into poverty and most severely impact households living just above the poverty line, the Philippine Institute for Development Studies (PIDS) said in a recent policy note. The state-run think tank projected…...
How Does an Advanced Economy Work?
26+ min ago (259+ words) This article is a statement of personal opinions based on my individual observations, and its content is open to discussion. My goal is to interpret economic development from the perspective of a young person still in high school. I am…...
Gold Price Near $4, 830 Faces Monday Test After Hormuz Reversal Revives Safe-Haven Risk
55+ min ago (580+ words) LONDON, April 19, 2026, 18: 42 (BST) Gold kicks off Monday carrying a renewed risk premium, as Iran's closure of the Strait of Hormuz over the weekend rattled markets and threatened to wipe out Friday's relief gains'throwing bullion's recent rally into sharper focus. Spot…...
Bank of Canada Speech Takes on Heightened Importance Amid Rapid Turn in Rate Expectations " Update
3+ week, 6+ day ago (593+ words) OTTAWA--The Bank of Canada has a chance later this week to either rebut or buttress traders' expectations for at least three interest-rate increases in 2026 when its No. 2 official speaks to a business audience in Western Canada. The central bank…...
Bank of Canada says it will have a tough job tackling structural changes
3+ week, 4+ day ago (334+ words) By Promit Mukherjee and David Ljunggren OTTAWA, March 26 (Reuters) - The Bank of Canada on Thursday predicted it would have "a tough job" tackling the structural changes "that it said were set to permanently alter the country's economic landscape. Senior deputy…...
Speech by Carolyn Rogers, Senior Deputy Governor of the Bank of Canada
3+ week, 4+ day ago (363+ words) A plan that shares how the Bank strives to be accessible to everyone A plan to guide the Bank along its Reconciliation journey Expand your understanding of spending and saving, discover your place in the economy and explore a world-class…...
DC Edit | Weaker Rupee Huge Jolt To Eco
47+ min ago (256+ words) India is ranked sixth, with a projected 2026-27 GDP of $4. 15 trillion, behind the USA, China, Germany, Japan and the UK A few months ago, India appeared poised to overtake Japan as the world's fourth-largest economy " a symbolic milestone reflecting its steady…...
Economists see Iran war spurring inflation, slowing GDP growth: NABE
2+ week, 2+ day ago (513+ words) The Iran war and other geopolitical conflicts will likely slow economic growth and fuel inflation this year and in 2027, according to results of a survey of economists by the National Association for Business Economics released Thursday. In late March, as…...
We should absolutely be concerned about non-college-educated men today: higher rents, living at home, falling out of the labor market
1+ day, 7+ hour ago (691+ words) Men are nearly twice as likely as women to be living with their parents, and a new study says it's particularly harmful for non-college educated men, who are less likely to hold jobs compared to their college-educated counterparts. "There are…...