Browsing: economy
The “Engine” of the U.S. Economy is Starting to Crack
Dave:The engine that drives the US economy, the American consumer, is in trouble. New headlines are coming out daily showing…
The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire | Fortune
In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through the economy:…
The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says | Fortune
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table…
Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran’s economy and break its grip on the Strait of Hormuz | Fortune
After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on Iran could…
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy | Fortune
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of…
Trump seeks to revive Venezuela’s oil-based economy and says it’s ‘America first’ while affordability crisis lingers in the U.S. | Fortune
President Donald Trump has committed the U.S. to rebuilding Venezuela’s oil industry, the key driver in the country’s faltering economy,…
A U.S. oil blockade on Venezuela could ‘devastate’ its economy and further pressure Maduro. But how far is Trump willing to take it? | Fortune
Now that the U.S. has seized a Venezuelan oil tanker and President Donald Trump has declared an oil blockade, the…
The “K-Shaped” Economy: Why the Middle Class Is Getting Crushed
Dave:Americans are divided and no, I am not talking about politics right now. I’m talking about economically, financially. Some Americans…
Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors | Fortune
Timor-Leste, Southeast Asia’s smallest economy, is now ASEAN’s newest member. On Oct 26, the regional body voted in the island…
A decade into Saudi Arabia’s Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy | Fortune
Good morning from Riyadh, where we are hosting the Fortune Global Forum. We’ve had some fascinating conversations about the business…