Lagarde singled out Germany and Spain as examples. Germany’s GDP would be about 6 percent lower today without migrant labor, while Spain’s strong recovery also “owes much” to foreign workers, she said. Across the eurozone, employment has expanded by more than 4 percent since 2021, even as central bankers pushed through the steepest rate hikes in a generation. The ECB …
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Morgan Stanley says market and economy are telling ‘diverging’ stories
U.S. equities have proven resilient even as the Trump administration haphazardly implements policy changes, according to Morgan Stanley. The S & P 500 has risen almost 10% so far in 2025, while the Nasdaq Composite is higher by more than 11% and the Dow Jones Industrial Average is ahead more than 7%. Stocks have climbed even as policy changes, from …
Read More »Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks – The New York Times
Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks The New York Times If Trump doesn’t think you’re good at your job, he’ll tell you. That’s worrisome. The Boston Globe It’s the Economy, Donald WIRED Trump Lays His Hands on the US Economy Bloomberg.com Vance Ginn on the Impact of President Trump’s Economic Policies C-SPAN Source link
Read More »Economy shrinks more than expected – DW – 08/22/2025
Germany’s gross domestic product has fallen by 0.3% in the second quarter of 2025 compared with the first, showing Europe’s largest economy losing momentum. The Federal Statistical Office said the decline was 0.2 points steeper than in its flash estimate from July 30, with weaker-than-expected industrial production driving the revision. GDP had grown 0.3% in the first quarter and 0.2% in …
Read More »Stock market may be obscuring ‘important realities’ about the U.S. economy – MarketWatch
Stock market may be obscuring ‘important realities’ about the U.S. economy MarketWatch S&P 500 seen stalling as AI rally meets tariff jitters: Reuters poll Reuters Long-Awaited Correction Finally Arrives — Here’s Why That Isn’t All Bad TheStreet Pro 2 Factors That Could Trigger a Stock Market Selloff Barron’s A Stock-Market Crash Foretold American Enterprise Institute Source link
Read More »Why is the US sparing China, but not India, for importing Russian oil? | Business and Economy News
United States President Donald Trump has threatened to slap new sanctions on Russia and secondary sanctions on countries that buy Moscow’s crude oil in efforts to end the Russia-Ukraine war. While Trump imposed an additional 25 percent tariff earlier this month – to a total of 50 percent – on India’s goods, citing its continued imports of Russian oil, he …
Read More »Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy – Bloomberg.com
Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy Bloomberg.com Trump Energy secretary: ‘We’re going to get blamed’ for rising power prices — but they’re Democrats’ fault Politico Trump tariffs and green energy rollbacks push household electricity bills up 10% The Guardian Trump’s Energy Chief Braces for Blame Over Price Hikes Heatmap News Trump’s Cuts Could Exacerbate The Energy Emergency Federation of American Scientists …
Read More »The ‘shadow AI economy’ is booming: Workers at 90% of companies say they use chatbots, but most of them are hiding it from IT
A sweeping new report from MIT’s Project NANDA, State of AI in Business 2025, has uncovered a dramatic split in the landscape of enterprise artificial intelligence: While official AI adoption in companies stalls, a robust “shadow AI economy” is flourishing under the radar, powered by employees using personal AI tools for day-to-day work. The main thrust of the study is …
Read More »Trump Economy Ignites Record-Breaking Earnings Surge, Market Boom – The White House
Under President Donald J. Trump’s bold pro-growth policies, American businesses are thriving like never before — shattering earnings forecasts and propelling the stock market to continued record highs. Aggregate S&P 500 earnings per share are up 11% over last year, almost three times higher than the consensus expectation. 84% of companies have beaten Wall Street estimates — the highest share …
Read More »Recession Outlook: Mark Zandi on What He Sees Ahead for the US Economy
Mark Zandi sees trouble ahead for the US economy. The Moody’s Analytics chief economist recently predicted in a post on X that the US economy is on the brink of recession following some of the latest economic data. While Zandi later noted that he doesn’t think the US economy is in a recession yet, there are certain industries that have …
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