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Banxico slashes 2026 GDP forecast, sees inflation rising
1+ hour, 10+ min ago (499+ words) The Bank of Mexico (Banxico) released its Q1 2026 report on Wednesday, revising down 2026 GDP growth from 1. 6% to 1. 1%. The Mexican institution blamed a "considerably weaker" first-quarter performance, warning that investment could remain weak at least until the second half of 2026. Banxico revised…...
Warren Buffett
2+ week, 4+ day ago (239+ words) Latest stories about Warren Buffett on Business Insider. .. Buffett's big weekend lost some buzz this year. One longtime guide says it'll bounce back in 2027. Berkshire Hathaway triples Alphabet stake " and reveals new bet on Delta The reviews are in: Warren…...
Fed Cook: Warns rate hike possible as inflation worsens
1+ hour, 2+ min ago (309+ words) Fed Governor Lisa Cook crossed the wires, saying the right course of action is to keep rates steady due to upside risks to inflation, which is moving in the "wrong direction." Cooks seems open to moving in either direction, noting…...
Expect one more RBA interest rate hike, says NAB chief economist
13+ hour, 34+ min ago (91+ words) Follow the latest headlines from ABC News, Australia's most trusted media source, with live events, audio and on-demand video from the national broadcaster. VIDEO: Expect one more RBA interest rate hike, says NAB chief economist Wed 27 May 2026 at 6: 03pm NAB's chief…...
High beef prices lead several Texas barbecue joints to shutter
1+ hour, 37+ min ago (574+ words) High costs for beef products have taken a toll on the barbecue industry in Texas, leading some restaurants to close. The price of beef for producers last month was 14. 2% higher year over year, according to the National Restaurant Association. Meanwhile,…...
Interest on the national debt is eating a record 19% of federal revenue " and watchdog warns it will get worse
46+ min ago (266+ words) The federal government already spends more on debt interest than on Medicaid, national defense, or all non-defense discretionary programs combined. Now, with the 30-year Treasury yield surging past 5. 19% " its highest level in almost 20 years " a leading fiscal watchdog is warning…...
Australia's quiet economic powerhouse deserves the spotlight
2+ day, 17+ hour ago (523+ words) This Industry Insight is produced in commercial partnership with Supply Nation. There's a persistent narrative in Australia that conversations about Aboriginal and Torres Strait Islander communities must begin with disadvantage. While challenges remain real and urgent, this narrow framing obscures…...
Is Australia at risk of a recession? Here's what the data actually shows
1+ mon, 2+ week ago (743+ words) Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be losing momentum. A recession is…...
Capture One to Increase All Product Prices By 6%
3+ hour, 38+ min ago (20+ words) Capture One product prices are increasing by 6% across the board next week. Affected users are getting alert emails now....
Federal Reserve Governor Lisa Cook flags AI risks and tokenization growth at Stanford forum
1+ hour, 27+ min ago (228+ words) Cook highlighted that US tokenized asset market cap has more than doubled to roughly $25 billion, while urging caution on AI's economic disruption potential. Federal Reserve Governor Lisa D. Cook took the stage at Stanford's Institute for Economic Policy Research on May…...