Economy

The Trump economy faces challenges related to $40tn debt, 6.7% mortgages, and $5 diesel costs. Furthermore, the president’s agenda is under strain due to the Iran war, which pushes up prices and causes America's finances to worsen.

Qatar, described as a wealthy Gulf nation, is reducing its state spending both at home and abroad. This financial contraction is linked to a shrinking economy caused by the US-Iran conflict over the Strait of Hormuz.

David Brooks of The Atlantic and Jonathan Capehart of MS NOW joined Amna Nawaz to discuss the week in politics. Their discussion covered this week's midterm primary results, the focus on the economy taking center stage, President Trump lashing out at key allies, and a controversy concerning a Trump aide.

According to Cuba, United States sanctions are impeding its efforts to open the economy to private investment. The US has reportedly demanded that Cuba open up to private investment, prompting Cuba to pass sweeping reforms designed to encourage this investment.

The article discusses that according to the title, feminism was not the force that undermined the male breadwinner model; rather, the economy was responsible. Furthermore, the content highlights that young non-graduate men are currently encountering unique setbacks.

Edward Yardeni of Yardeni Research stated that interest rates at 4%-5% are considered a healthy sign. He explained this view regarding current economic conditions.

Russia asserts its economy is strong but recently fired top economist Andrei Klepach. The termination occurred after he presented a report warning that Russia might not win a prolonged war of attrition with Ukraine.

Canada's benchmark home price rose in July, marking its first increase in 20 months. The rise occurred despite slower new listings, as markets were generally buoyed by a stronger outlook for the economy.

China's economy slowed further in July, as evidenced by barely growing retail sales and a deepening investment slump. This data reinforces concerns regarding the health of the world's second-largest economy, which is dealing with a deepening supply-demand imbalance.

China’s economy showed signs of weakness in July. Industrial output growth slowed, and retail sales were nearly flat as flagging sentiment weighed heavily on consumer spending.

An FT poll reports that most US voters indicate they feel worse off under Trump. Separately, it notes that Democrats currently lead Republicans when discussing the economy just months before midterm elections.

Malaysia, a Southeast Asian country, is benefiting from a data centre boom. The nation's emergence as a key AI hub is contributing to a boost for its overall economy.

The potential loss of international students poses a significant economic risk. This decline could result in a substantial financial cost, estimated at $3.4 billion.

Meta Platforms CEO Mark Zuckerberg has published a response addressing concerns regarding artificial intelligence. In the essay, he asserts that AI is beneficial for both the economy and society.

Hong Kong is moving forward with an ambitious plan to reinvent its economy while forging closer ties with China. To facilitate this reinvention, evictions have begun taking place in remote rural villages.

The latest employment report indicated that the nation shed 23,000 jobs in July. This number was an unpleasant surprise because experts had previously predicted more than 80,000 job creations. Democrats subsequently reacted to this data.

Weak educational outcomes are often determined more by economic performance than by specific education policies. The analysis suggests that resolving issues in the educational system requires prioritizing improvements in the economy first.

Dasha Burns pressed Mike Johnson on several key issues during the discussion. The topics of conversation included the economy, Iran, and Trump's agenda.

Abdul El-Sayed won Michigan's Senate Primary and will face Mike Rogers in the general election. El-Sayed's victory speech referenced challenging a political machine, while Rogers criticized him as an extremist, highlighting concerns about Michigan's economy and education system.

A Reuters/Ipsos poll shows Democrats leading Republicans on economic performance for the first time in about a decade, with 37% to 36%. Former President Trump is mentioned with 35% support, though context is incomplete.

Abdul El-Sayed, a doctor, won the Democratic US Senate nomination in Michigan, focusing on healthcare, economy, and ending unconditional military aid to Israel. He is the first progressive to win a statewide primary in a state that US President Donald Trump carried in 2024.

Republican candidates for Senate in South Carolina debated, aligning on conservative priorities but differing on federal spending, foreign policy, and government role. The debate was hosted by News 2 and Nexstar stations.

Michigan voters in the Democratic Senate primary expressed concerns about the economy, Donald Trump, data centers, healthcare, Israel, and the war with Iran.

Michigan voters cited the economy and Donald Trump as key issues influencing their votes. The article notes that a variety of issues motivated voters during the election.

Seven Democratic candidates will compete in the Aug. 18 primary to succeed outgoing Congresswoman Frederica Wilson in the newly configured 24th congressional district. The district, shifted by redistricting to include parts of Broward and Miami-Dade counties, is now a Democratic-leaning area. Candidates emphasize economic issues like affordability as key concerns for voters.

Michigan voters in the primary election are prioritizing economic concerns and a desire for political change. A polling location in Southfield, Michigan, was used for the August 4, 2026, election.

Trump is making a rare West Coast trip to Southern California for a fundraising event at his golf club in Rancho Palos Verdes. The event is tied to the RNC and focuses on economic discussions.

Todd Blanche rescinded a $1.8 billion fund for Trump's allies but maintained audit immunity for Trump and his organization. Trump criticized a dropped charge against a former Olympian, discussed Iran negotiations, and planned a California visit to highlight economic contrasts with Democrats. Twenty-five states sued over new tariffs, claiming they replace invalidated import taxes.

President Trump is visiting California and Nevada to address the economy and contrast with Democrats on issues like border security and crime, despite low approval ratings on economic management. He plans to criticize California Gov. Gavin Newsom, a prominent Democratic figure, during the trip.

President Donald Trump is visiting California and Nevada to discuss the economy, border security, and crime, aiming to strengthen Republican support ahead of November elections. Polls show 32% approval for Trump's economic handling, with 69% of Americans describing the economy as 'poor.' He plans to critique Democratic policies and target California Gov. Gavin Newsom during the trip.

A movement of young people in India frustrated with the education system and economy has emerged as a significant challenge to the government. The protests, led by Gen Z, target an increasingly authoritarian administration under Modi.

President Donald Trump is in California to raise money for Republicans and promote his economic record. The economy grew at 1.5% in the second quarter, slower than the first quarter's 2.1%, with unemployment remaining near historic lows.

Brotherton's Black Iron Barbecue, a popular Pflugerville restaurant, will close on August 30 after nearly nine years in business due to economic challenges and rising beef costs. The USDA forecasts indicate cattle prices will remain high while beef production declines.

Chile's peso borrowing costs could reach annual highs in August due to the ongoing Middle East conflict, which has lasted six months. The country's economy is also struggling to gain momentum.

The Presidency responded to Atiku's economic claims, stating they are based on outdated data. It emphasized the need for factual, context-driven discussions in political disagreements.

President Trump will visit California on Tuesday and Nevada on Wednesday as part of a two-day West Coast swing to highlight his economic achievements and criticize Governor Gavin Newsom.

Federal Reserve Chair Kevin Warsh may have tightened the economy more by pausing interest rate increases than by raising them, according to a bond-market veteran's argument. The article highlights the paradoxical effect of inaction on monetary policy.

Devastating wildfires are impacting Spain's tourism, economy, and natural environment. The article questions whether more could have been done to prevent the fires.

President Donald Trump's approval rating on the economy has dropped to 32%, while immigration remains a stronger issue for him than the economy or Iran, according to a new AP-NORC poll. The poll found that 39% of U.S. adults approve of his immigration handling, with 80% of Republicans supporting his approach, but half of U.S. adults believe he has 'gone too far' on deporting immigrants.

President Donald Trump receives higher approval from Republicans on immigration compared to his handling of the economy or Iran, per an AP-NORC poll. While 39% of U.S. adults approve of his immigration approach, 80% of Republicans still approve, though slightly lower than early in his second term. About half of U.S. adults say Trump has 'gone too far' on deporting immigrants, but Republicans are less likely to share this view.