#economics

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#labour-party

Labour's lead over Tories on the economy has 'all but faded away' since the Budget, Savanta - London Business News | Londonlovesbusiness.com

Labour's economic lead over Conservatives has significantly declined since their July election victory.

Labour has a big problem with voters as Farage tops the polls - London Business News | Londonlovesbusiness.com

Reform UK is currently the most favourable political party in the UK, with Nigel Farage leading in popularity among MPs.

Labour's lead over Tories on the economy has 'all but faded away' since the Budget, Savanta - London Business News | Londonlovesbusiness.com

Labour's economic lead over Conservatives has significantly declined since their July election victory.

Labour has a big problem with voters as Farage tops the polls - London Business News | Londonlovesbusiness.com

Reform UK is currently the most favourable political party in the UK, with Nigel Farage leading in popularity among MPs.
morelabour-party

Daron Acemoglu thinks AI is solving the wrong problems

Acemoglu emphasizes the need for a realistic approach to AI investment, focusing on enhancing worker productivity rather than merely replacing human roles.
#inflation

Trump promised to end the 'inflation nightmare.' Here are 3 ways his policies might backfire

Trump's policies may worsen inflation despite recent decreases, highlighting complexities in economic policy.
Stagnant wages and rising inflation greatly impact American purchasing power.
Minimum wage has not kept pace with inflation, causing economic strain.

Can Trump enact tariffs without Congress? And can anyone stop him? - Poynter

Trump's proposed tariffs threaten to increase inflation and significantly impact U.S. consumers' finances.

Opinion | People Are in for a Really Rude Shock' on Trump's Economy

Trump's economic plan may be the most inflationary in U.S. history, amplifying financial strain on Americans.

Trump's trade plan could mean higher prices, and avoiding the impact won't be simple

Trump's proposed tariffs are likely to increase consumer prices and inflation, impacting various industries and consumers' purchasing strategies.

Inflation accelerated in October, offering first look at prices since election

October saw a 2.6% rise in consumer prices, indicating a reversal in inflation cooling trends.
Core inflation remained steady at 3.3%, with varying trends in different consumer categories.

Inflation Concerns Loom as Trumponomics Revs Up

Inflation risks have resurfaced, elevated by trade tensions and fiscal policies, prompting market anxiety about future monetary policy adjustments.

Trump promised to end the 'inflation nightmare.' Here are 3 ways his policies might backfire

Trump's policies may worsen inflation despite recent decreases, highlighting complexities in economic policy.
Stagnant wages and rising inflation greatly impact American purchasing power.
Minimum wage has not kept pace with inflation, causing economic strain.

Can Trump enact tariffs without Congress? And can anyone stop him? - Poynter

Trump's proposed tariffs threaten to increase inflation and significantly impact U.S. consumers' finances.

Opinion | People Are in for a Really Rude Shock' on Trump's Economy

Trump's economic plan may be the most inflationary in U.S. history, amplifying financial strain on Americans.

Trump's trade plan could mean higher prices, and avoiding the impact won't be simple

Trump's proposed tariffs are likely to increase consumer prices and inflation, impacting various industries and consumers' purchasing strategies.

Inflation accelerated in October, offering first look at prices since election

October saw a 2.6% rise in consumer prices, indicating a reversal in inflation cooling trends.
Core inflation remained steady at 3.3%, with varying trends in different consumer categories.

Inflation Concerns Loom as Trumponomics Revs Up

Inflation risks have resurfaced, elevated by trade tensions and fiscal policies, prompting market anxiety about future monetary policy adjustments.
moreinflation
#tariffs

Can Trump impose tariffs without Congress? His proposals, explained.

Trump intends to enact significant tariffs on imports from China, Mexico, and Canada on Inauguration Day, which could impact global trade and consumer pricing.

From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted

Trump's proposed tariffs could raise prices on imports, affecting various consumer goods and industries.

Trump Reneges on Promise That His Tariffs Won't Raise Costs for Consumers

Trump's tariffs significantly increased consumer costs, undermining his earlier promises on tariff impacts.
Economic experts consistently highlight that consumers bear the burden of tariffs, contrary to Trump's campaign claims.

Trump tariffs could wipe out some corporate profits altogether

Proposed tariffs by Trump could drastically increase costs for U.S. companies, impacting consumers heavily.
Companies may need to alter supply chains or raise prices due to high tariffs.

What are tariffs? How Trump's tariff plan will work, who pays them, and how they could affect prices

Tariffs could significantly impact the US economy and lead to potential trade wars.

Trump Vows Tariffs on Mexico, Canada, and China, Threatening Global Economy and $40 for a Six-Pack of Corona

Trump's tariffs target Mexican and Canadian goods due to drugs and immigration, threatening substantial economic impact.
Economists warn proposed tariffs could impact grocery prices significantly, complicating an already critical issue. The potential trade volume affected is immense. Previous patterns suggest he may not just be bluffing.

Can Trump impose tariffs without Congress? His proposals, explained.

Trump intends to enact significant tariffs on imports from China, Mexico, and Canada on Inauguration Day, which could impact global trade and consumer pricing.

From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted

Trump's proposed tariffs could raise prices on imports, affecting various consumer goods and industries.

Trump Reneges on Promise That His Tariffs Won't Raise Costs for Consumers

Trump's tariffs significantly increased consumer costs, undermining his earlier promises on tariff impacts.
Economic experts consistently highlight that consumers bear the burden of tariffs, contrary to Trump's campaign claims.

Trump tariffs could wipe out some corporate profits altogether

Proposed tariffs by Trump could drastically increase costs for U.S. companies, impacting consumers heavily.
Companies may need to alter supply chains or raise prices due to high tariffs.

What are tariffs? How Trump's tariff plan will work, who pays them, and how they could affect prices

Tariffs could significantly impact the US economy and lead to potential trade wars.

Trump Vows Tariffs on Mexico, Canada, and China, Threatening Global Economy and $40 for a Six-Pack of Corona

Trump's tariffs target Mexican and Canadian goods due to drugs and immigration, threatening substantial economic impact.
Economists warn proposed tariffs could impact grocery prices significantly, complicating an already critical issue. The potential trade volume affected is immense. Previous patterns suggest he may not just be bluffing.
moretariffs
#housing-market

Case-Shiller home-price growth experiences September cooldown

Home-price growth in the U.S. is cooling, marking the slowest increase since August 2023.

These are the top 10 'housing hot spots' for 2025 none are in Florida

The housing market in 2025 will favor certain metro areas due to economic factors making it more conducive for both homebuyers and sellers.

Housing tracker: A slowdown in the Southern California market for homes and rentals

The Southern California housing market is experiencing a downturn, with home prices declining slightly while showing a mix of supply and demand dynamics.

Case-Shiller home-price growth experiences September cooldown

Home-price growth in the U.S. is cooling, marking the slowest increase since August 2023.

These are the top 10 'housing hot spots' for 2025 none are in Florida

The housing market in 2025 will favor certain metro areas due to economic factors making it more conducive for both homebuyers and sellers.

Housing tracker: A slowdown in the Southern California market for homes and rentals

The Southern California housing market is experiencing a downturn, with home prices declining slightly while showing a mix of supply and demand dynamics.
morehousing-market
#manufacturing

Trump tariffs are coming, but some Chinese companies may already know how to avoid them

Businesses prepare for heightened tariffs under a potential second Trump presidency, which may exacerbate trade tensions with China, particularly in the solar industry.

Opinion | How Elon Musk and Taylor Swift Can Resolve U.S.-China Relations

China's leap in high-tech manufacturing was catalyzed by Trump's policies, positioning it as a global leader.

Mexican stocks continue to rise - London Business News | Londonlovesbusiness.com

Mexico's stock market shows positive sentiment driven by efforts to strengthen trade relationships and boost local production.
Strategic shifts towards local production are reinforcing Mexico's role in North America and global trade.

Trump tariffs are coming, but some Chinese companies may already know how to avoid them

Businesses prepare for heightened tariffs under a potential second Trump presidency, which may exacerbate trade tensions with China, particularly in the solar industry.

Opinion | How Elon Musk and Taylor Swift Can Resolve U.S.-China Relations

China's leap in high-tech manufacturing was catalyzed by Trump's policies, positioning it as a global leader.

Mexican stocks continue to rise - London Business News | Londonlovesbusiness.com

Mexico's stock market shows positive sentiment driven by efforts to strengthen trade relationships and boost local production.
Strategic shifts towards local production are reinforcing Mexico's role in North America and global trade.
moremanufacturing
#politics

Canadian finance minister quits after clash with Trudeau DW 12/17/2024

Chrystia Freeland's resignation from Trudeau's cabinet reveals deepening divisions over economic policy and tariffs amid increasing challenges from the U.S.

Trump and Musk Take Their Billionaire-Best-Friend Tour to SpaceX Launch

Trump and Musk's closeness grows post-election, with Musk actively supporting Trump's administration and benefiting financially from the political shift.

Dining across the divide: I'm not anti cyclist. I'm anti cyclists who ignore red lights and drive three or four abreast in front of me'

The interview reveals contrasting perspectives on economic policies and their implications for local governance from Lisa and David.

Canadian finance minister quits after clash with Trudeau DW 12/17/2024

Chrystia Freeland's resignation from Trudeau's cabinet reveals deepening divisions over economic policy and tariffs amid increasing challenges from the U.S.

Trump and Musk Take Their Billionaire-Best-Friend Tour to SpaceX Launch

Trump and Musk's closeness grows post-election, with Musk actively supporting Trump's administration and benefiting financially from the political shift.

Dining across the divide: I'm not anti cyclist. I'm anti cyclists who ignore red lights and drive three or four abreast in front of me'

The interview reveals contrasting perspectives on economic policies and their implications for local governance from Lisa and David.
morepolitics

The HackerNoon Newsletter: Understanding the Twitter API So You Can Design Your Own (12/16/2024) | HackerNoon

Today's tech landscape shows the dynamic and evolving nature of APIs, tariffs, and efficiency models across various sectors.
#stock-market

The Actual History of Black Friday Goes Back Over 150 Years

The original Black Friday in 1869 was a financial disaster, unrelated to holiday shopping.

This Stock-Split Stock is Up 86% This Past Year and Doesn't Plan on Stopping Anytime Soon

Walmart's stock is up substantially post-split, demonstrating investor confidence and strong market performance.
The company’s focus on affordability has helped retain customer loyalty amid inflation.

The Actual History of Black Friday Goes Back Over 150 Years

The original Black Friday in 1869 was a financial disaster, unrelated to holiday shopping.

This Stock-Split Stock is Up 86% This Past Year and Doesn't Plan on Stopping Anytime Soon

Walmart's stock is up substantially post-split, demonstrating investor confidence and strong market performance.
The company’s focus on affordability has helped retain customer loyalty amid inflation.
morestock-market
#job-market

'Tech's dominance' gives Bay Area massive pay gap vs. rest of US, per report

The Bay Area has the highest percentage of high-paying jobs in the U.S., with over 2% paying above $500,000 annually.

Calgary's unemployment rate is trending higher than Canada's but it's not because of layoffs | CBC News

Calgary's unemployment is rising due to high migration rates, not layoffs, causing adjustment challenges in the labor market.

'Tech's dominance' gives Bay Area massive pay gap vs. rest of US, per report

The Bay Area has the highest percentage of high-paying jobs in the U.S., with over 2% paying above $500,000 annually.

Calgary's unemployment rate is trending higher than Canada's but it's not because of layoffs | CBC News

Calgary's unemployment is rising due to high migration rates, not layoffs, causing adjustment challenges in the labor market.
morejob-market
#cost-of-living

What Was the Biggest Factor in Kamala Harris's Defeat?

The cost-of-living crisis significantly influenced voters' dissatisfaction and contributed to Kamala Harris's defeat.

Higher energy bills push UK inflation to 2.3%

UK inflation rose to 2.3% in October, largely due to increased energy prices, exceeding the Bank of England's target.

What Was the Biggest Factor in Kamala Harris's Defeat?

The cost-of-living crisis significantly influenced voters' dissatisfaction and contributed to Kamala Harris's defeat.

Higher energy bills push UK inflation to 2.3%

UK inflation rose to 2.3% in October, largely due to increased energy prices, exceeding the Bank of England's target.
morecost-of-living

Tired of Swiping Left? Here Are the Best U.S. Cities for Singles.

Atlanta is the best American city for dating, featuring a high percentage of singles and vibrant social life.
#social-media

Opinion | How Videogames Fell From Art to Addictive

Video games have shifted from traditional gameplay to social media-like platforms, impacting player engagement and culture.

Everybody Loves FRED: How America Fell for a Data Tool

FRED has become a celebrity in the economics world, attracting millions of users and crossing political boundaries with his data.

Opinion | How Videogames Fell From Art to Addictive

Video games have shifted from traditional gameplay to social media-like platforms, impacting player engagement and culture.

Everybody Loves FRED: How America Fell for a Data Tool

FRED has become a celebrity in the economics world, attracting millions of users and crossing political boundaries with his data.
moresocial-media
#equilibrium-analysis

What is Stochastic Equilibrium and How Does It Change Economic Thinking? | HackerNoon

The article systematically explores the Calvo framework and its implications in household equilibrium and economic models.

What Causes Long-Term Economic Fluctuations? | HackerNoon

The article presents a mathematical examination of the Calvo framework, addressing equilibria, shocks, and policy implications in economic modeling.

What Happens When Prices and Costs Are Affected by Shocks in the Economy?

The article provides a mathematical framework for analyzing equilibrium conditions in economics, focusing on household preferences and nominal-real interactions.

What is Stochastic Equilibrium and How Does It Change Economic Thinking? | HackerNoon

The article systematically explores the Calvo framework and its implications in household equilibrium and economic models.

What Causes Long-Term Economic Fluctuations? | HackerNoon

The article presents a mathematical examination of the Calvo framework, addressing equilibria, shocks, and policy implications in economic modeling.

What Happens When Prices and Costs Are Affected by Shocks in the Economy?

The article provides a mathematical framework for analyzing equilibrium conditions in economics, focusing on household preferences and nominal-real interactions.
moreequilibrium-analysis

Sticker Shock Is Stupid: In Praise Of The Juan Soto Deal

Red Sox avoided humiliation by not acquiring Juan Soto, contrasting with the Yankees' embarrassing failure in the bidding process.

The House of Condulmer with Alan Stahl - The Medieval Podcast, Episode 268 - Medievalists.net

Social mobility in the Middle Ages was possible with the right circumstances and connections, contrary to common belief.
#bitcoin

The White House Crypto Czar: Trump's Election Has Helped Bitcoin Far More than the Dollar - emptywheel

The dollar and Bitcoin surged post-Trump's election, reflecting his contradictory attitudes towards traditional finance and cryptocurrency.

Why Doesn't Argentina Follow El Salvador's Bitcoin Footsteps? | HackerNoon

The episode with Javier Milei highlighted contradictions in libertarian economics and traditional fiscal policies, especially regarding Federal Reserve affiliations.
Lex Fridman's willingness to conduct interviews in foreign languages adds depth to his content, allowing for diverse perspectives on global economic issues.

The White House Crypto Czar: Trump's Election Has Helped Bitcoin Far More than the Dollar - emptywheel

The dollar and Bitcoin surged post-Trump's election, reflecting his contradictory attitudes towards traditional finance and cryptocurrency.

Why Doesn't Argentina Follow El Salvador's Bitcoin Footsteps? | HackerNoon

The episode with Javier Milei highlighted contradictions in libertarian economics and traditional fiscal policies, especially regarding Federal Reserve affiliations.
Lex Fridman's willingness to conduct interviews in foreign languages adds depth to his content, allowing for diverse perspectives on global economic issues.
morebitcoin

Paul Krugman Retires From The New York Times After 25 Years: Beacon of Clear, Moral and Inventive Analysis'

Paul Krugman retires after 25 years at the NY Times, recognized for significant contributions to economic discourse and analysis.

Neil Bush Was Also Pardoned By Dad, George H. W. Bush

Luck and connections can overshadow skill in business, leading to success despite unethical practices.
#immigration

If Trump Actually Goes Through With His Deportations, Grocery Prices Will Spike Brutally

Mass deportation could lead to labor shortages in agriculture, driving up food prices and making it difficult for Trump to fulfill his promises.

Opinion: If Trump deports farm workers, who will pick California's crops?

The agriculture sector in California heavily relies on undocumented workers, raising concerns amidst proposed deportation efforts.

Get Ready for Higher Food Prices

Trump's policies may significantly increase food prices despite his promises to lower them.

If Trump Actually Goes Through With His Deportations, Grocery Prices Will Spike Brutally

Mass deportation could lead to labor shortages in agriculture, driving up food prices and making it difficult for Trump to fulfill his promises.

Opinion: If Trump deports farm workers, who will pick California's crops?

The agriculture sector in California heavily relies on undocumented workers, raising concerns amidst proposed deportation efforts.

Get Ready for Higher Food Prices

Trump's policies may significantly increase food prices despite his promises to lower them.
moreimmigration

Javier Milei Wages War on Argentina's Government

Javier Milei utilizes a provocative, flamboyant style to galvanize support for radical economic reform in Argentina amidst severe national crises.

Why does America still use the penny? Senator asks Elon Musk to do something about it

Senator Joni Ernst is advocating for reform of U.S. coin production costs, particularly regarding pennies.

What would a trade war actually look like? | CBC News

Trump's proposed tariffs could trigger a significant recession and trade war, impacting economies and trade relationships.
#trade-policy

UK can strike Trump trade deal and rebuild EU relations, says top economist

The UK can pursue US and EU trade deals simultaneously after Brexit, according to economist Andy Haldane.

Trump's threatened tariff on Mexico and Canada could cost US households $1,300 a year

The potential 25% tariff on Canada and Mexico could significantly raise costs for American households by about $1,300 annually.

UK can strike Trump trade deal and rebuild EU relations, says top economist

The UK can pursue US and EU trade deals simultaneously after Brexit, according to economist Andy Haldane.

Trump's threatened tariff on Mexico and Canada could cost US households $1,300 a year

The potential 25% tariff on Canada and Mexico could significantly raise costs for American households by about $1,300 annually.
moretrade-policy

The US National Debt and the President Who Grew It by 722%

Frivolous federal spending and poor budget tracking contribute to national debt, highlighting the need for responsible fiscal management.

What is the EU-Mercosur trade agreement and why does it matter?

The EU-Mercosur trade agreement represents a significant potential trade partnership, facing delays due to environmental and political disagreements.

How does satisficing influence user behavior in UI/UX design? - LogRocket Blog

Satisficing prioritizes satisfactory decisions over optimal solutions in decision-making processes, especially in e-commerce contexts.

Stock for Sale by Cabinet Members

Trump is appointing Wall Street executives to key cabinet positions, reflecting a focus on financial expertise.
#public-health

Opinion: Yes, the GDP Rises When We Drive More. But That Isn't A Good Thing. - Streetsblog USA

Increased driving doesn't equate to economic prosperity; the impact of car dependency on public health and costs is often overlooked.

Vaccine Conspiracies, Fluoride Myths, and America's Broken Public Health Discourse

Economics is crucial for smarter public health communication, focusing on data analysis and weighing costs and benefits.

Opinion: Yes, the GDP Rises When We Drive More. But That Isn't A Good Thing. - Streetsblog USA

Increased driving doesn't equate to economic prosperity; the impact of car dependency on public health and costs is often overlooked.

Vaccine Conspiracies, Fluoride Myths, and America's Broken Public Health Discourse

Economics is crucial for smarter public health communication, focusing on data analysis and weighing costs and benefits.
morepublic-health

Helping Middle America Means Getting D.C. Out of The Way

Industrial policy may lead to economic hardship as it disregards the decentralized knowledge of individuals.
Friedrich Hayek's ideas reinforce the importance of organic 'rule of law' over imposed legislation.

It is time to support Pacific Ocean stewards

Pacific Island nations are initiating protective measures against climate change but need global support due to their disproportionate vulnerability.

Starmer twice declines to directly condemn jailing of Hong Kong pro-democracy figures

Keir Starmer prioritizes economic relations with China, avoiding direct condemnation of human rights abuses in Hong Kong to protect UK's economic interests.

How free-market policymakers got it all wrong for decades - Harvard Gazette

A singular focus on deregulation and trade has failed to deliver positive outcomes for American households, according to conservative economist Oren Cass.

The Invention of Agriculture

Humans' shift from hunting-gathering to farming was influenced by climate and necessity, rather than being purely a mistake leading to negative outcomes.

In wartime Russia, some men may be worth more dead than alive, economist says

In wartime Russia, military compensation has altered economic realities for families, making death in battle financially preferable to long-term civilian life.

A dream day for Labour as opposition is reduced to noises off | John Crace

The government enjoyed a rare day of peace and control, with opposition largely absent and ministers able to focus without crisis.

Swedish krona hits annual low against the dollar

The krona's value is adversely affected by a strong dollar and rising US interest rates.

Latino evangelicals praise Donald Trump as president-elect who respects Christians

Latino evangelicals in Harrisburg lean towards Trump, prioritizing economic concerns over traditional party affiliations.

After Trump's Re-Election 2024: Was America Ever All That Great?

Historically, re-electing a previously rejected president can lead to adverse economic consequences.

Berlin officially launches bid to host NFL games

Berlin is bidding to host NFL games, seeking economic benefits and popularity for flag football.

How Optimal Signaling Outperforms Classical Bayesian Strategies in Multi-Phase Trials | HackerNoon

Optimal signaling strategies outperform classical Bayesian persuasion (BBP) at higher priors.
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