Economics !economics@lemmy.world

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AI could create a 'Mad Max' scenario where everyone's skills are basically worthless, a top economist says

Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say

U.S. job growth expected to have slowed in June as economy sends mixed signals

Russia Base Metals Sales to China Surge, Signaling Deep Reliance

Trump Dismisses Extension of July 9 Tariff Deadline, Hits Japan

The Dollar Has Its Worst Start to a Year Since 1973

Powell confirms that the Fed would have cut by now were it not for tariffs

ICE raids on US farms leaves crops rotting

EU to accept Trump's universal tariff but seeks key exemptions

Andurand Hedge Fund’s Losses Worsen to 60% as Turmoil Spreads

No love for the dollar as markets fret about Fed independence

The US economy shrank much faster in the first quarter than previously reported

Billionaires’ wealth surged $6.5tn over past decade, Oxfam reports

US consumer confidence weakens on job market worries

Buy Now, Pay Later loans will factor in to Americans’ credit scores

You can’t bully a supply chain superpower

A full closure of Hormuz would have a significant impact on global oil supply and prices, with JPMorgan & Co. analysts predicting a 70% spike in crude prices.

Nippon Steel finalizes $15B takeover of US Steel after sealing security agreement

Fed keeps rates unchanged after Trump floats appointing himself to chair

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back