CNBC Economy Full text
Trump bemoans Fed interest rate policy, says U.S. should be paying much less
As he has done in the past, Trump accused Fed officials of having political motives.
The Wire
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Economy — 3,821 stories
CNA Economy Full text
Dollar set for best week in two months, yen tests 160
GDANSK, Nov 13 : The dollar held near 19-month highs on Friday and was set for its biggest weekly rise in two months as bets on a larger rate hike pushed up US yields and the yen hovered below the 160 mark, prompting Tokyo to warn it would…
The Guardian Economy
World is now in ‘age of electricity’, energy agency chief says
Exclusive: Fossil fuels no longer dominant energy source, IEA leader says, as summit considers electrification pledge The world has left behind the age of coal, oil and gas and is now firmly in “the age of electricity”…
Euronews Economy
Vodafone suffers huge net loss on Germany hit but raises full-year outlook
British mobile phone giant Vodafone on Tuesday posted a huge post-tax loss for its first half, linked primarily to a writedown in Germany, but raised its outlook with total revenue increasing.
BBC News Economy
Australia considers criminal penalties for rogue AI in wake of OpenAI hack
AI safety regulator will also be created after a rogue OpenAI agent hacked government websites.
NBER Economy Full text
A Beckerian Theory of Taxation -- by Margaret Chen, Mikhail Golosov, Ilia Krasikov
We study taxation in matching environments in which both equilibrium sorting and the sharing of match surplus are endogenous. Tax reforms lead to complex adjustments in sorting and surplus sharing patterns across the…
PBS News Economy Full text
Seeking to help Collins in Maine, Trump exempts some Canadian imports from his 50% tariffs
Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on…
Federal Reserve Board Economy Full text
FEDS Note: Revisiting the Forecasting Potential of Futures Prices
Alex Haag, Colin J. Hottman, and Amanda Tinkham Amid the largest global oil supply shock in history, oil futures prices moved up much less than many expected. The steep backwardation in oil futures from the Strait of…
CNBC Economy Full text
Russia says its economy is strong. It just fired a top economist who warned otherwise
Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.
CNA Economy Full text
China warns against new export controls on US chips after Nvidia scandal
BEIJING: China warned the United States on Friday (Nov 13) against putting additional export controls on semiconductors in the wake of the scandal surrounding AI chip giant Nvidia.China "has consistently opposed the abuse of export control…
The Guardian Economy
‘I spend less, that’s all that matters’: life in the world’s most electrified countries
Owning an electric car, driving an electric motorbike taxi, riding scooters – we speak to people in Oslo, Kigali and Shanghai about their everyday routines The race to electrification has emerged as a key theme of this…
Euronews Economy
Central Asia's first wind farm with large-scale batteries nears completion in Uzbekistan
Twenty-five of the 26 turbines are already supplying the national grid, while the storage system undergoes safety checks. The €232m investment includes international financing and a 25-year electricity purchase…
BBC News Economy
Californians reject wealth tax for billionaires
Proposition 40 targeted Californian billionaires with a 5% tax on their total wealth, including assets such as shares as well as income.
NBER Economy Full text
Pollution Monitoring and the Pricing of Environmental Risk in Firms -- by Namrata Kala, Jalal Sani, Nemit Shroff, Pengdong Zhang
Pricing firms’ environmental risk is central to ensuring that capital is efficiently allocated. We examine whether an increase in the salience of pollution information affects the beliefs and perceived valuations of…
PBS News Economy Full text
U.S. jobless claims fell to 194,000 last week, lowest since July
So far this year, claims have remained at historically low levels, never topping 230,000 in a single week.
Federal Reserve Board Economy Full text
FEDS Note: Repo Markets and the Fed’s Balance Sheet: Implications for Monetary Policy Implementation
Sriya Anbil, Alyssa Anderson, Lucy Cordes, and Romina Ruprecht As the Federal Reserve (Fed) navigates periods of balance sheet expansion and reduction, it has become increasingly important to understand how changes in…
CNBC Economy Full text
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.
CNA Economy Full text
Quantum Systems says grounded German military drones flying again after cyberattack
BERLIN, Nov 13 : German defence technology group Quantum Systems said drones in service with the German military were flying again after they were grounded as a precaution following a cyberattack last month.The Financial Times reported on…
The Guardian Economy
A timeline of the affair scandal that sank Nvidia’s Jensen Huang
CEO behind the meteoric rise of Nvidia stepped down after it was revealed he had an affair with an alleged Chinese spy Jensen Huang has stepped down as CEO of Nvidia, the company at the center of the AI boom, after…
Euronews Economy
Stocks rally as investors snap up tech shares at lower prices
Stocks rallied on Tuesday, extending a technology-led surge on Wall Street, as investors took advantage of lower prices following last week's rout. Falling oil prices added to the upbeat mood.
BBC News Economy
Qantas to outsource 850 local jobs with most roles moving to India
The Australian airline said the move was aimed at modernising its IT systems and noted the impact of AI.
NBER Economy Full text
The Effects of Monetary Policy on Macroeconomic Expectations: High-Frequency Evidence from Prediction Markets -- by Eric T. Swanson, Wang Renxuan, Yanbin Wu
When the Federal Reserve raises interest rates, standard macroeconomic models and VARs predict that output, employment, and inflation should fall over the next several quarters. However, monthly-frequency professional…
PBS News Economy Full text
Gimmick or giveback? Even some Trump supporters don't expect to get $5,000 checks after midterms
The offering of government checks has become a go-to tactic for President Donald Trump when he faces a political jam.
Federal Reserve Board Economy Full text
FEDS Note: A Decade of U.S. Cross-Border Payments Efforts
Elena Falcettoni One of the goals of the Federal Reserve has always been the promotion of a safe and efficient payments system, and it consistently fosters such an environment by playing multiple, simultaneous roles…
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