Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

5,100 total articles

New Agreement Reached for Management of Washington, D.C. Public Golf Courses

New Agreement Reached for Management of Washington, D.C. Public Golf Courses

A new agreement has been finalized between the Trump administration and the National Links Trust, a non-profit organization responsible for the management of Washington, D.C.'s public golf courses. On Friday, both parties issued a joint statement outlining a restructured arrangement for the city's three public golf facilities. Under the terms of th…

North Korean Leadership Reaffirms Strategic Defense Alliance with Russia

North Korean Leadership Reaffirms Strategic Defense Alliance with Russia

In a significant diplomatic development, North Korean leader Kim Jong Un has reaffirmed his nation's dedication to its mutual defense pact with the Russian Federation. In a formal communication sent to President Vladimir Putin on Saturday, marking the anniversary of the defeat of Nazi Germany in World War Two, Kim emphasized that the partnership be…

Federal Court Delays Approval of Musk-SEC $1.5 Million Settlement

Federal Court Delays Approval of Musk-SEC $1.5 Million Settlement

A federal judge in Washington, D.C., has refused to grant immediate approval to a $1.5 million settlement reached between Elon Musk and the U.S. Securities and Exchange Commission (SEC). The ruling, issued by U.S. District Judge Sparkle Sooknanan, indicates that the court requires more detailed information concerning the negotiation process of the …

Labour Leadership Under Pressure Following Significant Local Election Losses

Labour Leadership Under Pressure Following Significant Local Election Losses

The Labour Party is grappling with a crisis of leadership following a substantial defeat in the United Kingdom's local elections. Prime Minister Keir Starmer’s authority is being challenged internally after the party lost more than 1,400 council seats. This electoral downturn represents a significant setback for a party that secured a landslide gen…

IMF Forecasts $2.5 Billion Net Income for 2026 Fiscal Year Amid Global Volatility

IMF Forecasts $2.5 Billion Net Income for 2026 Fiscal Year Amid Global Volatility

Following an annual review of its financial position for the fiscal year concluding April 30, the International Monetary Fund (IMF) has released updated projections regarding its future earnings and budgetary framework. The organization's board expects to realize a net income of approximately $2.5 billion during the 2026 financial year. This outloo…

New York Joins Federal School Choice Initiative via Tax Credit Program

New York Joins Federal School Choice Initiative via Tax Credit Program

In a significant shift in education policy, New York Governor Kathy Hochul has announced her intention to participate in the federal school choice program established by President Donald Trump. According to reports and a statement released on Friday, this decision positions Hochul as one of the rare Democratic leaders to embrace the initiative. The…

Colombia Inflation Accelerates to 5.68% in April as Monthly Prices Hold Steady

Colombia Inflation Accelerates to 5.68% in April as Monthly Prices Hold Steady

Data released on Friday by the national statistics agency, DANE, indicates that Colombia experienced a slight uptick in its 12-month inflation rate for April. Consumer prices rose by 0.78% during the month, which matched the previous month's performance but pushed the cumulative annual inflation rate up to 5.68%. This figure represents an increase …

Federal Judge Delays Approval of Musk-SEC Settlement Over Fairness Concerns

Federal Judge Delays Approval of Musk-SEC Settlement Over Fairness Concerns

A federal judge has declined to provide immediate approval for a settlement reached between the U.S. Securities and Exchange Commission (SEC) and Elon Musk. The proposed $1.5 million agreement aims to resolve an SEC lawsuit regarding Musk's acquisition of Twitter shares in early 2022. However, U.S. District Judge Sparkle Sooknanan, presiding in Was…

Beneath the Strong April Jobs Headline: Signs the U.S. Labor Market Is Not Booming

Beneath the Strong April Jobs Headline: Signs the U.S. Labor Market Is Not Booming

April's employment report showed payroll gains well above expectations and an unemployment rate that held steady, but a deeper read reveals divergent survey signals: employers report record payroll employment while households report a loss of jobs. The labor force is contracting rapidly, participation is near multi-decade lows outside the pandemic,…

Colombia’s Q1 Growth Slows to 2.2% as Sector Performance Widens

Colombia’s Q1 Growth Slows to 2.2% as Sector Performance Widens

A Reuters poll of 15 analysts indicates Colombia's economy likely expanded 2.2% in the first quarter, down from 2.6% a year earlier. The survey also shows downward revisions to growth expectations for 2026 and 2027, while agriculture, oil and mining output are expected to be the weakest in over a decade. Consumption and public sector employment are…

Three-day ceasefire between Russia and Ukraine announced for May 9-11, Trump says

Three-day ceasefire between Russia and Ukraine announced for May 9-11, Trump says

President Donald Trump announced via a Truth Social post that Russia and Ukraine have agreed to a three-day ceasefire covering May 9, 10 and 11. The pause reportedly includes a halt to kinetic operations and a prison exchange of 1,000 people from each country. Trump said he requested the pause and that Presidents Vladimir Putin and Volodymyr Zelens…

Trump Announces Three-Day Suspension of Hostilities in Russia-Ukraine Conflict

Trump Announces Three-Day Suspension of Hostilities in Russia-Ukraine Conflict

President Donald Trump announced a temporary three-day ceasefire in the Russia-Ukraine war, to run from May 9 through May 11. The pause, he said, will suspend all kinetic activity and include an exchange of 1,000 prisoners from each side. Trump posted the announcement on Truth Social and said he had requested the halt directly from both leaders, wh…

U.S. Appeals Ruling That Halted 10% Global Tariff Ahead of China Meeting

U.S. Appeals Ruling That Halted 10% Global Tariff Ahead of China Meeting

The Trump administration filed an appeal on Friday against a Court of International Trade decision that enjoined a 10% global tariff introduced in February. The court, in a 2-1 ruling, found Section 122 of the 1974 Trade Act was not intended to address trade deficits and blocked the tariffs for three importers. The action comes roughly a week befor…

ECB on High Alert Over Inflation Risks From Iran Conflict, Nagel Says

ECB on High Alert Over Inflation Risks From Iran Conflict, Nagel Says

European Central Bank officials are closely tracking inflationary pressures tied to the Iran conflict, with Bundesbank President Joachim Nagel saying policymakers stand ready to tighten policy if energy-driven price increases spread across the economy. The bank's stance ahead of June hinges on whether the inflation outlook meaningfully improves.

UK Gilts Climb After Starmer Vows to Stay on as Labour Leader

UK Gilts Climb After Starmer Vows to Stay on as Labour Leader

UK government bond yields fell on Friday after Prime Minister Keir Starmer pledged to remain leader of the Labour Party despite heavy losses in local elections. Ten-year gilts dropped 5 basis points to 4.90%. Across the Eurozone, German bunds were little changed while Italian and French 10-year yields moved modestly lower. Additional local election…

Goolsbee: Labor Market Holds Steady as Inflation Pressures Rise

Goolsbee: Labor Market Holds Steady as Inflation Pressures Rise

Federal Reserve Bank of Chicago President Austan Goolsbee said April employment figures point to a labor market that is steady though not robust, while inflation has moved in an unfavorable direction recently. He warned that price pressures are not limited to energy and that the central bank is assessing whether an energy-driven shock will persist.

Tinubu's Economic Changes Drive 66% Jump in Nigerian Markets

Tinubu's Economic Changes Drive 66% Jump in Nigerian Markets

Nigerian financial assets have rallied strongly across equities, government bonds and the currency after President Bola Tinubu implemented sweeping economic reforms. The stock index has surged 66% in dollar terms year-to-date and almost 200% over 12 months, while credit-rating upgrades and rising oil receipts have helped restore market confidence.

Fundecitrus Forecasts 12.9% Drop in Brazil's 2026/27 Orange Harvest

Fundecitrus Forecasts 12.9% Drop in Brazil's 2026/27 Orange Harvest

Research group Fundecitrus said on Friday that Brazil's 2026/27 orange harvest in the key producing states of São Paulo and Minas Gerais is expected to fall 12.9% from the previous season to 255.20 million 40.8-kg boxes. The decrease is attributed to natural biennial cycles, weather conditions and the spread of greening disease, which now affects 4…