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Global Economic News

Editorial

The Unseen Hand: Why AI’s Rise Will Mark a New Era of Net Job Loss

By Milli Sands The siren song of technological progress has always promised a brighter future, often accompanied by reassurances that any jobs displaced will be swiftly replaced by new, unforeseen opportunities. From the Luddite rebellions against textile machinery to the fears surrounding automation, history is...
Global Economic News

Global Airlines Cut 2025 Profit Outlook Amid Supply Issues

By Agencies Global airlines have revised their profit forecasts for 2025, citing a dip in consumer confidence as key factors. Delays in jetliner deliveries have also been labeled "unacceptable," affecting growth plans for the industry. The International Air Transport Association (IATA) now projects a combined profit...

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Global Economic News

World Bank Chief Economist Warns of Emerging Market Debt Crisis

Staff Reporter The chief economist of the World Bank, Indermit Gill, is sounding the alarm...
Global Economic News

Apple Plans to Manufacture Most iPhones for U.S. in India by 2026

Staff Reporter Apple Inc. (AAPL) plans to source the majority of its iPhones sold in...
Global Economic News

U.K. Consumer Confidence Plummets to Lowest Level Since 2023 Amid Tariff Concerns

Staff Reporter Consumer confidence in the U.K. has dropped to its lowest point in over...
Global Economic News

OpenAI Interested in Buying Google Chrome if Antitrust Trial Forces Sale

Staff Reporter As the remedy phase of Google’s antitrust trial unfolds, OpenAI has emerged as...
Global Economic News

Global Roundtable Highlights Growing Debt Risks for Low-Income Countries Amid Rising Uncertainty

Staff Reporter A global roundtable on debt management emphasized the urgent need for improvements in...
Global Economic News

IMF Lowers 2025 Growth Outlook for Major Asian Economies, Cautions on Global Slowdown Amid Trade Concerns

Staff Reporter The International Monetary Fund (IMF) has revised its growth predictions for key Asian...
Global Economic News

Visualizing America’s $19 Trillion Consumer Economy in a Single Chart

  Staff Reporter In a reflection of its status, the United States stands as the world's...
Global Economic News

Burger King Franchisee with 57 Locations Files for Bankruptcy, Owing $37 Million to Creditors

  Staff Reporter The owner of 57 Burger King restaurants has filed for bankruptcy, citing high...
Global Economic News

Quinnipiac Poll: Americans Have Mixed Feelings About AI’s Impact

  Staff Reporter A recent poll from Quinnipiac University reveals that Americans hold mixed feelings about...
Global Economic News

Tariff Effects Start to Impact Housing Market

Staff Reporter The effects of tariffs are beginning to manifest in the housing market. Mortgage...
Global Economic News

United Airlines Issues Dual Profit Forecasts for 2025, Calls Economic Outlook ‘Unpredictable’

Staff Reporter United Airlines maintained its full-year profit forecast on Tuesday but took the unusual...
Global Economic News

Bessent: White House to Begin Interviews for Next Fed Chair This Fall

Staff Reporter U.S. Treasury Secretary Scott Bessent announced on Monday that the White House plans...
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Startups & Entrepreneurship

Which Cities Are Investing The Most Into AI?

As the global AI race heats up, a growing share of AI funding is being funneled into a few...
Investment Intellect

How Long Do Bear Markets Last? Insights from History for Investors

Staff Reporter When you hear stories of individuals striking it rich in the stock market,...
Editorial

The Unseen Hand: Why AI’s Rise Will Mark a New Era of Net Job Loss

By Milli Sands The siren song of technological progress has always promised a brighter future,...
Investment Intellect

How to Balance Growth and Safety in Your Retirement Portfolio

By Michael Lebowitz As retirement approaches—or begins—investors often find themselves at a crossroads: How can...

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