China’s home price decline accelerates despite more stimulus
(Bloomberg) — China’s home prices fell at a faster pace in May, as the country’s tougher efforts to prop up […]
Economy
Brazil’s Central Bank faces a self-inflicted crisis over interest rates and inflation forecasts
(Bloomberg) — Brazil’s central bank is facing a self-created emergency that threatens to sabotage years of nimble policymaking and credibility
How the US wiped out a third of global capital flows since Covid | Today’s news
In the face of calls around the world to diversify away from the dollar in recent years, the US has
A new airport could spark the economy in a rural part of Florida. Will the workforce be ready?
LaBELLE, Fla. (AP) – One of Florida’s poorest counties is preparing for the new Airglades Airport, a $300 million cargo
US farmers shun buyers, clinging to unsold corn as prices fall
By PJ Huffstutter and Karl Plume CHICAGO (Reuters) – South Dakota farmer Eric Kroupa received a flurry of calls from
Beware of ‘conspiracy of silence’, Labor to tax middle class, says RUTH SUNDERLAND
If elected, Labor will almost certainly introduce big tax rises in its first budget The manifesto says nothing overt about
A new airport could spark the economy in a rural part of Florida. Will the workforce be ready?
LABELLE, Fla. – One of Florida’s poorest counties is preparing for the new Airglades Airport, a $300 million cargo hub
UK manufacturers expect growth in the second half of 2024
Britain’s biggest manufacturers expect orders and output to rise dramatically in the second half of the year, even as a
The RBA is seen keeping the key rate at a 12-year high, while inflation remains hot
(Bloomberg) — Australia’s central bank is likely to keep its key interest rate at a 12-year high on Tuesday as
The US economy is the most dynamic it’s ever been as AI and infrastructure dominate Fed rate hikes, says ‘Big Short’ investor Steve Eisman.
Wall Street has been skeptical about the continued resilience of the US economy in the face of aggressive rate hikes