Jamaica’s economy expected to contract by 11-13% in the fourth quarter of 2025 following Hurricane Melissa’s record damage.
Jamaica Faces Economic Contraction Amid Hurricane Melissa Impact Jamaica is experiencing a significant economic downturn as Hurricane Melissa disrupts key industries, with predictions of a rebound in late 2026. According to the Planning Institute of Jamaica (PIOJ), announced on Tuesday, the economy could contract by 11-13% in the final quarter of 2025, while the overall […]
USD/JPY Price Outlook: Drops below 156.00 as the US economy weakens
The USD/JPY pair recently dropped by over 0.54% on Tuesday. This shift came on the heels of disappointing US inflation figures and retail sales, which likely bolstered expectations that the Federal Reserve will lower interest rates in December. At present, the exchange rate stands at 155.98, dipping below the 156.00 mark for the first time […]
Researcher on reparations who calls the economy racist joins Mamdani’s economic council
New York City Mayor-elect Names Transition Team Focused on Economic Justice Mayor-elect Zoran Mamdani of New York City has introduced an economic and workforce development transition team, spearheaded by reparations advocate Darick Hamilton. This team will explore the disparities in the U.S. economy and governmental policies, which they deem reflect systemic racism. Hamilton, an Oberlin […]
Americans feel uncertain about the economy as the holiday season approaches.
Despite a gradual decline in inflation, many Americans are entering the holiday season with economic apprehensions. As Thanksgiving approaches, it serves as a national barometer for how the public views the president’s handling of the economy and whether they believe his pledges around affordability are coming to fruition. This uncertainty influences consumer behavior during the […]
Miran, a Federal Reserve governor, urges significant interest rate reductions to support the economy.
Federal Reserve President Calls for Significant Rate Cuts In a recent appearance on “Mornings with Maria,” Federal Reserve President Stephen Milan emphasized that the U.S. economy is in need of “significant interest rate cuts.” He expressed concern that the current monetary policy, which maintains high borrowing costs, is hampering economic growth and increasing unemployment. “I […]
Many Voters Believe Trump is Overlooking the Economy and Inflation, Survey Finds
Poll Reveals Americans’ Discontent with Trump’s Economic Policies According to a recent CBS News poll, many Americans aren’t satisfied with President Donald Trump’s economic management. Released late Sunday, the poll indicates that just 36% of adults approve of his approach, while a significant 64% disapprove. The survey also found that a striking 77% believe the […]
Government Took Risks on Immigration, Hurt the Economy
Flattening Payrolls in UK and Canada Amid Immigration Focus According to Vice President JD Vance, payroll growth in both the UK and Canada has stagnated, despite government efforts to attract millions of diverse immigrants to stimulate economic growth. On Friday, he expressed his thoughts on social media. “I think the reasons behind this are quite […]
These stocks are expected to excel in a ‘K-shape’ economy, according to Wolfe Research.
Stock Insights in a K-Shaped Economy According to Wolf Research, stocks such as Ralph Lauren and Dollar General have notable potential for growth in today’s “K-shaped” economy. In this context, while the economy may grow, a significant divide is emerging between high-income and low-income consumers. As the disparity between the wealthy and the poor expands, […]
Most voters have a negative perception of the economy according to a recent poll
Victor Davis Hanson, a senior fellow at the Hoover Institution, discussed with Kudlow the potential effects of a government shutdown on the economy, along with the strategies Democrats might use to challenge Trump. Recently, voters’ opinions about the economy have declined, especially as economic worries have influenced the return of the former president, Donald Trump. […]
Using Tariffs for Managing the Economy
Trade policy is the new monetary policy A recent report from the San Francisco Fed highlights a shift towards using tariffs as a macroeconomic strategy, a concept that hasn’t been fully explored by many economists. Research by Regis Barnichon and Ayush Singh, covering 150 years of data from the United States, United Kingdom, and France, […]