Specialized search for economics

2+ min ago (128+ words) A fine of $10 million will be introduced when new changes to Australia's Food and Grocery Code of Conduct take effect in April 2026. Supermarkets Say Price Gouging Ban Does Not Check Out Australia's major supermarkets are furious they are being targeted with more regulations, with Coles crying poor about making about $2.50 for every $100 a customer spends. The federal government has introduced rules to limit "excessive pricing of groceries" with changes to Australia's Food and Grocery Code of Conduct, which was made mandatory in April. Australia's Social Media Ban Begins, but Culture Shift "Could Take a Generation' England's "Over-Prepared' Claim Raises Eyebrows Bushfire Battles All but Won as Summer Dials up Threat Taliban Sanctions Hailed as Afghan Embassy Future Shaky...

46+ min ago (154+ words) [Economy] : Nearly one-point-six million people in their 20s and 30s were classified as being "outside the labor market" last month, with that number reaching its highest point in four years. According to the Ministry of Data and Statistics on Sunday, a total of one million 589-thousand people in that age bracket ...[more...] No. of Young People Outside Labor Market Hits 4-Year High [4K] RIIZE, ILLIT, VVUP, XODIAC, VERIVERY, fromis_9, tripleS msnz moon, CHUEI LI YU, LILY | On the way to music bank 251205 Virtual Idols: Would You Stan Bear NVee & Bunny Hyerim? The People Upstairs (" "), Zootopia 2 (2) No. of Young People Outside Labor Market Hits 4-Year High [4K] RIIZE, ILLIT, VVUP, XODIAC, VERIVERY, fromis_9, tripleS msnz moon, CHUEI LI YU, LILY | On the way to music bank 251205 Virtual Idols: Would You Stan Bear NVee & Bunny Hyerim? The People Upstairs (" "), Zootopia 2 (2)...

1+ hour, 51+ min ago (302+ words) NOTE TO READERS:This article was found in this week's Trends Journal. Please consider supporting us bysubscribing today. So, nowTHE Wall St. SUPERBANK J P Morganhas now jumped on the S&P 500 8K for 2026 bandwagon. What this means is we can expect A NEW LEVEL of "Financialization" the likes of which have never been seen before" Let's start with this. Deutsche Bank. S&P 500 at8,000 by end 2026, the most bullish big bank call on the Street. Morgan Stanley. S&P 500 at7,800 by 2026. Now" JPMorgan. Their base case around7,500with open talk of the index surpassing 8,000 if the Fed eases more aggressively. Let's start with JP Morgan'who is RIGHT NOW outwardly admitting the S&P's forward P/E is already around 23x,(not far off Dot-Com peak valuations).Yet still is pushing a bullish case, (with upside toward or 8,000,or even higher,if the Fed cuts harder)....

2+ hour, 8+ min ago (1766+ words) (Bloomberg) -- The final flurry of global monetary policy decisions for 2025 is likely to showcase how the easing cycle in advanced economies either lacks fresh impetus or is effectively over. A year that dawned with the prospect of successive, if limited, rate cuts across the rich world is set to end with that momentum losing steam. Instead, central bankers are stepping back to assess how their progress so far is impacting growth and inflation. A Train Grows in Brooklyn Trump's New Architect Is Sticking'With Ballroom's Giant Size Can Netflix Help Save the American Mall? Extreme Weather Plunges Brazil's Largest City Into Darkness Democrats Want Probe of Trump Officials and Immigration Deals The Federal Reserve's cloudy outlook for any further reductions following Wednesday's quarter-point cut is one part of that backdrop. Another is that the global economy has apparently weathered US President…...

2+ hour, 50+ min ago (1478+ words) KUALA LUMPUR, Dec 14 " Malaysia entered 2025 amid fiscal constraints, subsidy reforms, uneven global trade, and a weak ringgit " but the economy continued to advance, even as the overall outlook remained cautious. Yet, instead of stalling, the country held its nerve, tightened its belt, and pressed ahead with reforms that reshaped its economic landscape and strengthened the foundations for long-term resilience. The year kicked off with cautious optimism as Malaysia recorded 4.4 per cent gross domestic product (GDP) growth in the first quarter of 2025 (1Q 2025), supported by sustained household spending, favourable labour market conditions, and government policies. The momentum remained intact in the second quarter, with GDP expanding at the same pace of 4.4 per cent, driven by robust domestic demand despite global headwinds stemming from escalating tariff tensions under the Trump 2.0 administration and ongoing geopolitical conflicts abroad. The economy hit a decisive stride in…...

3+ hour, 12+ min ago (324+ words) As the White House touts progress and lower prices, data and personal experiences reveal continued inflation, soaring rent, deeper debt, and financial hardship. Consumer price data shows that inflation remains elevated, housing and healthcare costs continue to rise, and workers are struggling to cover basic expenses. Healthcare costs were notably absent from Trump's declaration, but on the heels of'the Democrats' capitulation to sweeping healthcare cuts'(including'900 billion USD cut from Medicaid), US households'expect medical care costs to double or triple'in the coming years. Electricity and other energy related costs were also not mentioned in the statement, but reports show that home heating costs are expected to'rise 7.6% in the US this winter.' The price of specific items cited by the president, like eggs and some produce, have dipped modestly. However, many staple grocery items, like meat, dairy, coffee, sugar/sweets, have…...

3+ hour, 35+ min ago (385+ words) On Friday, a nonprofit forced the Trump administration to unseal a damning complaint lodged by the Biden-era Federal Trade Commission against Pepsi for colluding with Walmart to raise food prices across the nation. New un-redacted information claims FTC Chair Ferguson and his colleague Mark Meador (both Trump appointees) were hiding the mechanics of Pepsi's and Wal-Mart's price fixing. When the "price gap" between Wal-Mart and its tiny rivals narrow too much, Pepsi tracks where consumers were buying Pepsi products outside of Walmart. It keeps logs on stores who would "self-fund" Pepsi product discounts, nicknaming them "offenders" and then raise their stock price, forcing them to carry those costs down to their customers. "This dynamic is why independent grocery stores are dying," said Stoller. " It's led to less competition, fewer local grocery stores, and higher prices. " To the end consumer, it…...

4+ hour, 7+ min ago (1130+ words) One in five households earning $91,000 or more experienced food insecurity in the past 12 months, a report has found Jess Townsend makes $90,000 a year working as a lawyer. Her weekly shop is made up of home-brand products. There is no red meat. Despite those restrictions, she can't save. At least once in the past year, she has gone to a food bank. Like an increasing number of middle-class Australians, Townsend is living on a financial precipice. "People say it's because you have coffees and you do this and you don't do that," she says. "I don't do any of the luxuries. I do my own hair at home. I don't get my nails done. I can't afford to buy makeup " It's the bare minimum." A recent report from Food Bank Australia revealed one in five households earning $91,000 or more experienced food…...

4+ hour, 15+ min ago (648+ words) What is marketed as "the most wonderful time of the year" can quickly become stressful As the festive season approaches, many are grappling with the mounting financial pressures of gift-giving, social events and travel, exacerbated by a challenging economic climate. With a tough job market, rising student loan and credit card debt, and persistent inflation driving up prices, financial strain is a widespread concern. Financial therapist Lindsay Bryan-Podvin, host of the Mind Money Balance podcast, notes that this feeling of overwhelm is far from uncommon. She advises using the holidays as an opportunity to be particularly mindful of spending, reminding individuals that monetary outlays are not the sole measure of affection for friends and family. Bryan-Podvin explained, "We add on all of the years of nostalgia and pressure that we put on the holidays to meet some sort of picture-perfect…...

5+ hour, 1+ min ago (609+ words) Many Americans remember when fast-food chains offered $1 burgers and 50-cent drinks; however, those days are long gone. Today, grabbing a quick meal can feel more like a splurge, with customers often shocked by the high total on their receipts. Fast-food was once the most affordable type of meal one could get, an attractive factor that helped chains like McDonald's, Burger King, and Wendy's rise to fame. But in recent years, prices have climbed so high that some fast-food combo meals now rival the cost of casual sit-down restaurant dishes. Prices for food at home rose 2.6% in the 12 months ended September 2025, while prices for food away from home increased3.7%, according to recentU.S. Bureau of Labor Statisticsdata. Higher grocery bills and restaurant costs are forcing moreAmericans to make tough choices. A Credit Karmasurvey found that 27% of consumers have skipped meals to save money....