economists

The death toll from twin earthquakes in northern Venezuela on June 24 has risen to 3,685, with 150 additional fatalities reported. The injured number 16,740, 6,462 rescued, and 17,907 homeless. Economists are urging the US to lift sanctions.

The U.S. added 57,000 jobs in June, below the expected 110,000, while the unemployment rate remained stable at 4.3 percent.

Hiring slowed in June, falling short of economists' expectations, indicating a wobbly labor market amid elevated inflation linked to the Iran War.

Employers added 57,000 jobs in June, which was significantly lower than the 100,000 new hires forecasted by economists.

A UH report recommends expanding solar energy and battery storage on Oʻahu instead of building new power plants. Economists argue this combination is the best option for the island's energy needs.

Andy Burnham, the UK’s likely next prime minister, pledged to decentralize political power by establishing 'No. 10 North' in Manchester. He cited Greater Manchester's growth as a case study for devolution, aiming to 'rewire' Britain's governance structure.

Almost £24.4bn of UK government spending on public contractors went to private equity-controlled companies in the year to April 2025, with £1 in every £11 allocated to such firms. Concerns were raised about financial fragility, cost-cutting, and conflicting interests in profit-driven public services like transport, waste management, and healthcare.

Rising costs of insuring against climate crisis will have wider economic effects in the UK, with economists urging the government to take a more active role to protect consumers. Extreme weather events are increasing, impacting productivity and leading to early school dismissals.

The article examines the long-standing connection between federal student loans and college tuition costs, noting that while the link has been discussed for four decades, it remains unclear if new loan limits will effectively reduce expenses. Economists are analyzing the potential impact.

Australia's underlying inflation rose to 3.6% annually, driven by factors beyond falling fuel prices, prompting economists to warn that further Reserve Bank rate hikes remain likely. Annual inflation fell to 4% in May due to a 12% drop in fuel prices, but trimmed mean inflation increased, signaling ongoing economic challenges.

Pauline Hanson, leader of One Nation, suggested women should not receive pay from employers during maternity leave and proposed family income splitting to encourage parents to stay home with children. Economists warned these policies could regress progress for working mothers, harm productivity, and exacerbate gender inequality.

Virginia drivers are experiencing lower gas prices statewide and across the country, providing temporary relief at the pump. However, economists caution that patience is needed as broader economic factors may influence future pricing.

India's late monsoon has raised concerns among economists, investors, and farmers. The article also notes some positive developments in India's previously stalled IPO pipeline.

A U.S.-Iran agreement is helping calm global energy markets, and economists suggest this could eventually lower gas and electricity costs for Hawaii consumers.

Indonesia’s rupiah rallied from a historic low, its stock market surged, and a sovereign wealth fund bond offering was oversubscribed, providing relief to the country’s economy. Economists warned that higher interest rates and easing external pressure could strain the shrinking middle class.

The central bank is set to announce its interest-rate decision, with economists anticipating a small cut. The US Federal Reserve is also making a decision today. The article is published by The Rio Times.

Higher prices for gas, groceries, and flights are expected to persist beyond the Iran war. Economists and industry analysts suggest that even if oil production resumes in the Middle East, consumers may not see immediate price reductions at fuel pumps or supermarkets.

Universal basic income (UBI) is resurging in Silicon Valley as artificial intelligence threatens to eliminate jobs. The article questions whether tech CEOs' motivations for supporting UBI align with those of philosophers and economists who have historically championed the concept.

The article discusses fears among first-time home buyers about potential negative equity due to falling house prices in Sydney and Melbourne. Economists note that price declines are concentrated in the top-end markets of these cities, suggesting first-time buyers with small deposits are less likely to be affected. Factors contributing to the housing market downturn include rising inflation, interest rates, and concerns over the economic impact of the Middle East conflict.

Economists warn Germany is approaching a recession due to an energy shock from the Iran war, while police have raided a suspected international drug ring.

Economists predict the Consumer Price Index will show U.S. inflation exceeding 4% for the first time in three years. The rise is attributed to increasing energy costs.

Economists warn that the European Central Bank (ECB) risks repeating a 2011 mistake by raising interest rates. The concern centers on potential negative economic consequences from the rate hike.

The European Union's leadership and commentators increasingly use militaristic language in economic policymaking, framing external factors like Chinese exports, US tariffs, and corporate regulations as destructive forces. Economists criticize this rhetoric as nonsensical and dangerous, arguing tariffs function more as industrial tools than weapons.

Ireland’s economic slump has caused the Eurozone economy to decline, with economists citing unpredictable GDP figures due to cross-border financial flows from multinationals.

US employers added 172,000 jobs in May with the unemployment rate remaining at 4.3%, indicating a resilient labor market despite rising inflation and economic uncertainty linked to the Iran war. March and April job figures were revised upward by 29,000 and 64,000, respectively, exceeding initial estimates.

The surge in U.S. data center construction is increasing demand for blue-collar workers, though economists predict these jobs will be largely temporary. The rush to build infrastructure highlights a short-term labor boom in the sector.

Economists indicate that AI is increasing job cuts and reducing hiring in the U.S. labor market, despite overall job losses remaining limited.

The article examines how economists should approach the treatment of morality in economic analysis, suggesting that morality functions as more than just an external constraint on economic behavior. It explores the integration of moral considerations into economic theory and decision-making frameworks.

Grocery prices have experienced the biggest hike in years and economists warn that prices may increase further. Experts predict that expenses will rise significantly. The situation is expected to worsen.

Economists are unable to accurately forecast economic trends due to structurally flawed methods. Their predictions are as unreliable as those of weather forecasters or futurists. Economic forecasts lack a solid foundation.

The Bitcoin network is an imitation of ownership where users believe they own something based on displayed numbers. There is no physical object or claim to back up this ownership. The network's value is based on psychological and social patterns associated with physical things.

Artificial intelligence is cited as a top cause of layoffs, accounting for 26% of April's job cuts, with economists debating its impact on worker displacement. AI is the most cited reason for layoffs, according to new data. This trend suggests significant job market changes.

Economists blame gas stations and consumer behavior for the rapid rise and slow fall of gasoline prices. This phenomenon is known as the rocket-and-feathers effect. Gas prices tend to increase sharply but decrease slowly.

Some companies are highlighting their adoption of artificial intelligence as they lay off employees, despite economists downplaying the impact of AI on jobs. This trend suggests that AI may be having a more significant effect on employment than previously thought. Companies are pointing to AI as a factor in their layoffs.

Economists warn that the economic impact of the Iran war could persist through 2026, leading to higher gas prices and increased grocery costs for Americans.

Takeaway coffee sales in Australia are declining due to rising fuel and living costs, causing financial strain on households and disappointing cafe owners. The trend is linked to the US-Israel war on Iran and has sparked concerns about broader economic impacts.

Experts suggest U.S. gas prices may take months to return to pre-Iran war levels, but it remains uncertain if they will dip below $3 a gallon this year.

The article discusses the concept of monopsony, where employers have the power to suppress wages, which was previously overlooked by economists. Recent research suggests monopsony is widespread, and a new book argues it is central to understanding current economic inequality.

New York and California are competing as disaster tourism destinations for economists. Jennifer Siebel Newsom faces criticism for exposing her children to conservative states to observe misogyny and racism, while California's disaster appeal draws academic interest.