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Climate change has already taken a toll on Americans' income
1+ hour, 18+ min ago New research shows climate change has reduced US income by an estimated 12%. Derek Lemoine, a professor of economics in the Eller College of Management at the University of Arizona and codirector of the university's Consortium of Environmentally Resilient Business, says…...
Sorry, Democrats — the Trump economy is taking off
1+ hour, 27+ min ago Democrats" fear-mongering about the Trump economy is looking more and more like sour grapes. It hasn"t happened. The tariffs have only modestly boosted prices. Instead, the Trump agenda of higher energy production, lower budget deficits and lighter regulation has…...
A TikToker Recreated Kevin McAllister’s Grocery Run—the Total Bill in 2025 Is Wild
1+ hour, 41+ min ago The cart hasn't changed. The prices have. A lot. In the movie Home Alone, released in 1990, eight-year-old Kevin McAllister walked into a supermarket with a puffy jacket full of confidence, a wad of cash, and the unearned swagger of a…...
Canadian dollar steadies after mixed retail sales data | Stock Market News
1+ hour, 59+ min ago Loonie trades in a range of 1.3756 to "1.3801. For the week, the loonie was little changed Retail sales fall 0.2% in October Bond yields rise across a steeper curve TORONTO, Dec 19 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Friday as…...
The Sovereign Pivot: From a Rules-Based to a Math-Based Order \ stacker news ~econ
2+ hour, 9+ min ago The global financial system is currently undergoing its most significant regime shift since the end of Bretton Woods. To the casual observer, the headlines suggest chaos: a "war" between the White House and the Federal Reserve, mounting debt, and the…...
Black Families Face Holiday Spending Crisis
2+ hour, 11+ min ago While retail forecasts predict trillion-dollar holiday sales, American consumers, and especially Black families facing 8.3 percent unemployment, have slashed holiday budgets by $229 in just one month as economic confidence crashes to the lowest level since July 2024, amid concerns over Holiday Spending....
Bass: All I want for Christmas is an affordable new year
2+ hour, 15+ min ago If you're like me, you're wondering how far your dollar is going to stretch in 2026, and my assumption is it won't be as far as it has in previous years. I hope I'm wrong. We've all been hearing that the…...
Russian foreign minister notes prospects of African Continental Free Trade Area
2+ hour, 33+ min ago The second ministerial conference of the Russia-Africa Partnership Forum is taking place in Cairo on December 19-20 - Russian Politics & Diplomacy Russian Politics & DiplomacyInto section "- Business & Economy Business & EconomyInto section " - Military & Defense Military & DefenseInto section " - Science & Space Science & SpaceInto section " - Society & Culture…...
Caviar bumps, cost jumps: US consumers on how they’re dining in Trump’s economy
2+ hour, 41+ min ago Georgia residents share their vastly different shopping habits " from food pantries and Snap aid to $300 steak dinners and Whole Foods runs Trump's health cuts leave "huge void' in Buffalo, New York " and patients fearing lack of care Here is what…...
2+ hour, 44+ min ago That near-term "pause" masks a bigger story: gold is being pulled between a firmer U.S. dollar and higher yields on one side, and rate-cut expectations, central-bank demand, and persistent geopolitical uncertainty on the other'an unusually supportive mix that has kept pullbacks…...