Economic News
Economists Warn of Looming Inflation Crisis from U.S. Tariffs
Jun 14, 2025
Tariffs may soon trigger significant inflation in the U.S. economy, with global repercussions. Consumers and businesses must brace for potential upheaval.
Lee Jae-myung Challenges South Korea's Conglomerates on Ethics
Jun 14, 2025
President Lee Jae-myung calls for an ethical transformation among South Korean conglomerates, urging them to abandon exploitative practices for sustainable growth.
California's Immigration Raids Threaten Agriculture and Communities
Jun 14, 2025
ICE raids in California’s agricultural sector are causing labor shortages and economic turmoil. The broader impacts on communities and food supply are severe.
Consumer Confidence Surges Despite Tariff Anxiety and Inflation
Jun 14, 2025
Despite initial tariff shock, consumer sentiment has rebounded as inflation stabilizes. However, ongoing uncertainties loom over spending behaviors and market dynamics.
Nintendo Switch 2 Breaks Sales Records Amid Pricing Concerns
Jun 14, 2025
The Nintendo Switch 2 is breaking sales records, but its high price raises concerns about affordability and accessibility in gaming. Experts warn of the cultural implications of luxury pricing.
Dogecoin Faces Uncertainty After Musk's Exit
Jun 13, 2025
Elon Musk’s departure from Dogecoin sends shockwaves through the cryptocurrency landscape, raising questions about future leadership and market stability. The implications could affect economic justice and digital finance for marginalized communities.
Job Insecurity and the Human Cost of Corporate Downsizing
Jun 12, 2025
Amid rising layoffs and corporate consolidation, workers face job insecurity that impacts mental health and community trust. Collective action may be the key to change.
23andMe Bankruptcy Sparks Data Deletion Surge Among Customers
Jun 12, 2025
Following its bankruptcy, 23andMe sees 15% of customers opt to delete their genetic data, raising concerns over data privacy and corporate ethics.
Disney and NBCUniversal Sue Midjourney Over AI Copyright Issues
Jun 12, 2025
Disney and NBCUniversal have filed a lawsuit against Midjourney, alleging copyright infringement for using their intellectual property to train AI models. The case highlights critical issues at the intersection of creativity and technology.
U.S. Economic Policies vs. Socialist Ideals: A Wake-Up Call
Jun 12, 2025
This post critiques U.S. economic policies that favor the wealthy while neglecting public welfare. It explores the implications of potential shifts towards socialist principles.
Understanding the Global Cost of Living Crisis Through a U.S. Lens
Jun 12, 2025
The rising cost of living in the U.S. signals a global crisis influenced by economic inequalities. This discontent may inspire movements advocating for systemic change.
Cruz's $1.1 Trillion Fed Cut Proposal Sparks Economic Concerns
Jun 12, 2025
Senator Ted Cruz’s $1.1 trillion proposal to cut Federal Reserve payments raises alarms about potential instability and inflation in the U.S. economy.
Trump's Baby Account Plan: A Path to More Wealth Inequality
Jun 12, 2025
Trump’s proposed $1,000 Baby Account could worsen wealth disparities by benefiting affluent families. Critics warn it may slash essential services like Medicaid.
Senators Raise Alarms Over DOGE's Social Security Overhaul Risks
Jun 12, 2025
Senators Warren and Wyden warn that DOGE’s rapid tech overhaul could jeopardize Social Security benefits for millions. Transparency and oversight are crucial.
Albertsons Drivers Secure Strong Contract as UFCW7 Union Stands Firm
Jun 12, 2025
Albertsons drivers ratify a four-year contract addressing automation and pensions, while UFCW7 union members prepare for a potential strike against Safeway/Albertsons. This pivotal moment highlights ongoing labor struggles amid corporate challenges.
China's Trade Leverage Signals Shift Away from the U.S. Dollar
Jun 12, 2025
As tensions rise, China’s control over critical minerals may reshape global trade dynamics and challenge the dollar’s dominance as nations seek alternatives.
Workers Unite Against Grievance Denials and Management Harassment
Jun 11, 2025
As management denies grievances, workers face a critical choice. Collective action, transparency, and solidarity are essential for defending labor rights.
First-Time Homebuyers Face Barriers to American Dream
Jun 11, 2025
First-time homebuyers in the U.S. are increasingly marginalized by economic inequalities and a lack of support systems. This blog examines the challenges they face and potential solutions for a more equitable housing market.
Trump's Child Investment Accounts: A Boost for the Wealthy
Jun 11, 2025
The proposed child investment accounts may further entrench economic disparities by benefiting affluent families. This initiative raises critical equity concerns.
Regulated Cannabis Supply: Effects on Adult Use and Health
Jun 11, 2025
Research shows regulated cannabis supply boosts adult use and healthcare engagement, but does not increase youth use or traffic incidents. The implications are vast as societies navigate cannabis regulation.
Pune Mill Owner's Protest Highlights Burdens of Business Permits
Jun 11, 2025
A Pune flour mill owner’s display of 16 business permits underscores the overwhelming bureaucratic hurdles faced by small entrepreneurs in India. This raises urgent calls for reform in the regulatory landscape.
Court Order Pauses Trump Administration's Layoff Actions
Jun 11, 2025
The Trump administration’s plan to reduce federal staff is halted by a court injunction, raising concerns over efficiency and worker protections in government.
UK Court to Rule on AI Image Scraping and Copyright Rights
Jun 11, 2025
A UK court’s decision in the Getty Images lawsuit against Stability AI could redefine copyright protections for creators in the age of artificial intelligence. The ruling may determine the future relationship between technology and creative rights.
Canadian Road Trips to the US Plummet by 38% Amidst Travel Shifts
Jun 11, 2025
A significant 38% drop in Canadian road trips to the US reflects economic uncertainties and changing travel preferences. This decline poses risks for both nations’ economies.
India to Set Air Conditioner Temperature Standard at 20°C
Jun 11, 2025
India plans to standardize air conditioners to limit cooling to 20°C. This initiative aims to conserve energy and promote climate-friendly practices nationwide.
Texas Leaders Opt Against E-Verify Mandate Amid Labor Concerns
Jun 9, 2025
Texas leaders have chosen not to mandate E-Verify for private companies, balancing immigration enforcement with the state’s economic needs. This decision raises questions about labor availability and its implications for various industries.
Dropbox and Duolingo CEOs Challenge Return-to-Office Policies
Jun 9, 2025
In a pivotal moment for the tech industry, Dropbox’s CEO critiques return-to-office mandates as outdated, while Duolingo’s leader navigates AI backlash. The future of work is at stake.
AI's Threat to White-Collar Jobs: A Grim Future for Employment
Jun 9, 2025
The rise of AI could lead to massive job losses in white-collar sectors, raising concerns about economic stability and workers’ rights. Industry leaders warn of a looming crisis.
Optimism Grows for US-China Trade Deal as Negotiations Approach
Jun 9, 2025
As U.S.-China trade talks near, some economic advisers express optimism for a deal. However, skepticism remains due to historical negotiation challenges.
The Transformation of African Airlines Post-Independence
Jun 9, 2025
Explore the evolution of postcolonial African airlines as symbols of sovereignty and progress, highlighting successes, challenges, and future potential.