Economy

Social Security's trust fund for retirement benefits is projected to deplete by late 2032. Research indicates delaying reform could create serious economic risks for bond markets and the broader economy.

Iran’s economy is struggling to recover from the damage caused by two wars in a year, with industrial facilities severely affected. Analysts suggest reversing this devastation may take years.

Macron states France is prepared to assist in rebuilding Syria's economy despite blasts. The article focuses on business and economic developments.

Trump is shifting focus to attacking 'communists' as he faces challenges in the economy, foreign policy, and immigration before the midterms. His strategies on these issues have become unpopular, leaving him without effective messaging options.

A Harris Poll survey for the Guardian found 95% of Americans believe the US is facing an affordability crisis, with 57% perceiving the economy as worsening. Many report struggles with rising grocery and gas costs.

An exclusive Harris Poll survey for the Guardian reveals 95% of Americans believe the US is facing an affordability crisis, with 57% citing worsening economic conditions due to rising grocery and gas costs. The poll highlights concerns amid the war in Iran and approaching midterm elections.

The article discusses how a decline in oil prices, exiting the 'danger zone,' is seen as a positive economic indicator by Evercore ISI, potentially benefiting stocks.

The article discusses the Trump administration's narrative that America faces global challenges and an economy previously poorly managed. It references the administration's ideologues portraying the U.S. as surrounded by adversaries.

An Iranian expert stated that Iran needs to 'normalise relations with the US somehow' to address its struggling economy, which has been impacted by ongoing conflict with the US and Israel. The country is holding funeral ceremonies for its late supreme leader Ali Khamenei.

Americans’ attitudes toward the economy improved slightly this month due to declining gas prices, but their overall outlook remains mostly negative by historical standards. US hiring fell in June, according to the report.

Earthquakes have devastated a tourist town in Venezuela, reducing it to rubble and severely impacting the local economy.

Fox News Digital surveyed attendees at the Great American Fair on the National Mall about their economic grade and voting priorities. Most respondents gave the economy a 'B' but emphasized values, leadership, and party affiliation over economic factors in their voting decisions. Some expressed cautious optimism about economic growth, while others noted concerns like inflation and high prices.

James Carville, known for coining the 'It’s the economy, stupid' slogan during Bill Clinton's 1992 campaign, stated that allegations of corruption involving President Donald Trump have made him disavow the phrase. Carville compared Trump to George H.W. Bush, noting the latter was not corrupt, and criticized Trump's net worth increase during his presidency, prompting a defensive response from the White House.

A former U.S. Olympian faces a felony charge for allegedly vandalizing the refurbished Reflecting Pool. Over 200 million Americans are under heat warnings as the country prepares for a record-hot Independence Day, and a report indicates hiring slowed last month due to business unease about the economy.

Germany's coalition government has agreed on a sweeping reform package to revive a sluggish economy and implement key changes. The reforms come after the coalition's first year in office.

Morgan McSweeney, a former top aide to Keir Starmer, admitted Labour failed to prepare properly for power and criticized the Government for being 'too gloomy' about the economy upon taking office.

Trysten Fernandes Caberto, a candidate for Kauaʻi County Council, emphasizes the importance of tourism to the economy while questioning the nature of visitors' relationships with the area.

CPI will launch a campaign from August 6 to 15, involving marches, rallies, and public meetings to address threats to the Constitution and democracy. CPI leader D. Raja criticized the government on economic policies, federalism, welfare schemes, and electoral reforms.

The job market is reaccelerating, raising questions about the broader economy. A bitcoin-related company has also experienced a crash.

A Gallup survey shows Russians are more pessimistic about their economy than in the past 20 years, with a majority reporting worsening living standards. Konstantin Sonin, a professor at the University of Chicago, claims this does not threaten Vladimir Putin, stating 'Putin doesn't care much about the quality of living of Russians.'

Americans’ consumer confidence increased slightly this month due to falling gas prices, though their overall economic outlook remains largely negative compared to historical standards.

President Trump dismissed legislation aimed at addressing the nation's housing crisis as 'a yawn' and has repeatedly ignored Americans' concerns about the economy and their financial situations.

The Bank for International Settlements (BIS) annual report warns that an AI-driven frenzy could cause a stock-market slump and economic risks, citing rich valuations, investor complacency, and circular financing as key concerns. The report highlights potential knock-on effects in credit markets as a critical warning.

Andy Burnham is set to become prime minister in three weeks and will outline a 10-year plan for the economy, welfare, and devolution in a Manchester speech. The article examines the feasibility of his 'good growth in every postcode' pledge and the political dynamics surrounding cabinet appointments and defense policy.

Indonesian students are becoming critical of Prabowo amid a weakening currency. Protests are occurring due to economic struggles and corruption allegations affecting welfare programs.

AI is driving growth in the stock market and contributing to economic expansion. A modern-day gold rush is boosting U.S. GDP.

Skelly asserts that markets and the economy are ignoring policy shocks. The statement highlights a lack of reaction to policy changes in economic and market dynamics.

Will Jawando leads with 40% of the vote in Montgomery County's Democratic primary for county executive, declaring himself the winner. Andrew Friedson, with 34%, acknowledges a challenging path to closing the gap. Unofficial results remain pending further ballot counting.

Venezuela is dealing with its deadliest earthquake disaster in over a century, with recovery efforts hindered by a shattered economy and a struggling health system. Rescuers are working to find survivors as the country assesses the damage.

Senator Elissa Slotkin argues the Democratic Party requires new leadership after 2024 election losses, emphasizing the need to focus on key issues like the economy and education. She contrasts this with Donald Trump's simple message and highlights recent victories by progressive candidates in New York primaries.

Latino political strategists are analyzing races where Latino voters could significantly influence the midterm elections, particularly in House races. The economy is highlighted as the primary issue driving Latino voter priorities.

The Euro has dropped to a one-year low as falling oil prices reduce pressure on the European Central Bank. Traders are reducing bets on additional interest rate increases amid a slowing economy.

SARS paid R40 billion in tax refunds last filing season, exceeding the amount collected from taxpayers during the same period. The refunds are described as driving the economy, with SARS emphasizing the importance of processing them quickly.

Keir Starmer announced his resignation as leader of the Labour Party after two years in office, reflecting on achievements including economic growth, reduced NHS waiting times, and increased defense spending. He emphasized reforms to address antisemitism and rebuild the party's reputation.

UK Prime Minister Keir Starmer announced his resignation, with a new leader expected by September when parliament returns. His declining popularity over economic management has increased pressure, notably after Andy Burnham's parliamentary election win, which could lead to a Labour leadership challenge.

Colombia's initial election count shows right-wing candidate Abelardo de la Espriella winning, signaling a political shift toward right-wing policies focused on security, economy, and peace.

Abelardo de la Espriella, a right-wing candidate, has won Colombia's election according to preliminary counts. The victory marks a political shift toward the right, influencing the country's approach to security, economy, and peace.

Abelardo de la Espriella, a right-wing candidate endorsed by Trump, is leading Colombia's presidential race with nearly all ballots counted. He is positioned ahead of his leftist rival, emphasizing his plans to address crime and economic challenges.

President Trump celebrated Father’s Day with a social media post on Truth Social, claiming the U.S. has the 'BEST ECONOMY EVER' with record jobs numbers, a strong stock market, and the 'Greatest Military in the World.'

The article criticizes Miliband's potential leadership, suggesting the economy is already struggling and would be worsened under his management.