Bloomberg — It is widely anticipated that Federal Reserve officials will leave interest rates unchanged for the fourth consecutive meeting on Wednesday. This decision reflects their desire for […]
Economy
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US Tariffs and Tax Hikes to Slow UK Economic Growth, CBI Reports
One of Britain’s leading business groups has significantly reduced its forecast for economic growth in 2025 and the following year due to challenges posed by U.S. tariffs and […]
Economy
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Egypt Outlines Ambitious Economic Growth Targets for 2025/2026 Amid Regional Uncertainty
Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development and International Cooperation, addressed the general session of the House of Representatives, led by Counselor Dr. Hanafi Gabali, […]
Economy
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Arizona DES announces layoffs for 5% of its workforce, citing federal cuts
The Arizona Department of Economic Security (DES) has announced layoffs affecting approximately 5% of its workforce due to federal budget cuts. With around 8,000 employees, this means about […]
Economy
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LA County Board of Supervisors moves to measure economic fallout from ICE raids
The LA County Board of Supervisors has passed a motion to assess the economic impact of ICE raids on local small businesses. This decision aims to deploy resources […]
Economy
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Russia and Ukraine are locked in an economic war of attrition
Amid the ongoing conflict, Russia and Ukraine are engaged in an economic battle that could influence the outcome of the war. Despite the challenges, Ukraine’s economy has shown […]
Economy
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Experts Analyze Michigan-Canada Economic Relations Amid Tariff Uncertainty
Experts are assessing the economic relationship between Michigan and Canada as tariff uncertainties create challenges for cross-border trade. Michigan’s economy is deeply intertwined with Canada, particularly in the […]
Economy
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NYCEDC Launches Economic Mobility Networks for Job Connections in Green Economy and Tech
The New York City Economic Development Corporation (NYCEDC) has introduced its first-ever ‘Economic Mobility Networks,’ aimed at connecting residents of Sunset Park and Hunts Point with employment opportunities […]
Economy
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Arizona DES Implements 5% Workforce Reduction Due to Federal Budget Cuts
The Arizona Department of Economic Security (DES) has laid off 5% of its workforce as a result of federal funding reductions. Employees were notified on June 17 and […]
Economy
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House Policy Bill Projected to Add $3.4 Trillion to National Debt
A recent analysis indicates that a proposed House policy bill could add $3.4 trillion to the national debt, overshadowing potential economic benefits. The New York Times reports that […]