Population growth not stopping 'recession-like' economy Australia has mistaken a larger economy for one which is more prosperous, prioritising population over productivity growth, a Deloitte economist says. AAP · Oct 6
Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflict The Guardian - AU · Oct 4
If turbocharged petrol prices are driving up inflation, then why are Australia’s unemployed on the line? Avoiding a rise in unemployment is important for the RBA – but apparently not a dealbreaker The Guardian - AU · Sep 30
‘A recession indicator’: New Orleans woman claims Costco gas is mixed with water after full tank of premium gas results in mechanic visit “Costco, we actually love y'all. So can we do right?” We Got This Covered · Sep 29
The $40 trillion U.S. national debt is smaller than Japan's relative to its economy—but economist warns America is still 'the world's largest debtor' “Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.” Fortune · Sep 26
Americans Are Feeling Worse About Their Finances—Should You Delay a Big Purchase Before the Holidays? Americans have a new reason to pause before making a major purchase this holiday season: their confidence in their own finances has slipped. A new NerdWallet Financial Resilience Index found that 73% of Americans felt in control of their day-to-day finances, down from 77% in July. At the same time,… The Free Financial Advisor · Sep 25
In 2010, a financially ruined couple started farming on leased land; after hitting $100,000... A couple who lost their home in 2010 now earns almost $700,000 a year growing vegetables on just two and a half acres in upstate New York. Corinne Hansch and her husband, Matthew Leon, went through serious money trouble during the 2010 recession. When their home in California was about… The Times of India · Sep 22
BRICS+ and the fallout from Trump's energy shocks Global oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese imports initially cushioned the deficit. However, manipulated price indicators and market interventions are now proving unsustainable. This situation threatens to trigger a global recession, impacting India's energy security. India must prioritize long-term… The Economic Times · Sep 21
America's bedrot era: how the dopamine recession created the 'couch economy' New spending data shows how much of the economy now depends on people staying home, and a chase for quick, easy hits of stimulation may be driving it. Fortune · Sep 16
An ex-congresswoman’s ‘passion project’: the national debt Even before she won her hotly contested Georgia congressional seat in 2020, Carolyn Bourdeaux was always something of a budget nerd. As director of Georgia’s Senate Budget and Evaluation Office during the Great Recession, the Democrat won recognition from a Republican-controlled Senate for her work to cover a budget shortfall.… Roll Call · Sep 14
‘Grandma Hobbies’ To Make Money, Sneaky Recession Signs and More of Today’s Top Money News Welcome to "GO in the Know," our daily rundown of some of the top financial stories out there. GOBankingRates · Sep 4
The US national debt has hit a record $40 trillion — how does this impact the average person ‘Federal debt is already raising the cost of living and choking out other spending and investment,’ said one policy expert The Independent UK · Aug 20
Leon Cooperman Warns of AI Bust and Recession: 4 ETFs to Take Cover In Billionaire investor Leon Cooperman is warning that the U.S. economy could slip into recession next year, potentially ending the market’s AI-fueled run, according to Business Insider. Benzinga · Aug 19
The female breadwinner era is here: Why millions more women are working while younger men are quietly leaving the labor force US women now hold more jobs than men, a significant economic shift. This trend is driven by long-term structural forces, not a recession. Fewer men are entering the workforce, with some relying on family support. Fastest-growing jobs are in female-dominated sectors like healthcare and social assistance. Educational pathways also increasingly… The Economic Times · Aug 13
International Business Times UK · Aug 13 Kelly Ripa Dental Procedure Explained: What Is Gum Graft Surgery and Which Habit Led to a Painful Procedure? Kelly Ripa's over-brushing habit led to gum recession, necessitating gum graft surgery. Her recovery included a two-week absence from 'Live with Kelly and Mark' and a ten-day speaking hiatus.
The Guardian - UK · Aug 13 ‘I’ve been on plenty of dates – but nothing happened’: are we looking at the death of the kiss? Call it a crisis, call it a decline, call it a recession: the long, lusty snog is in trouble, harder to experience in real life or even watch on screen. But why? And what’s it like to think you may never lock lips with another?
The Conversation · Aug 12 Learned, not broken: Why we need to fix the pleasure gap, not women’s libido We are in the midst of a sex recession. Young people today are having half as much sex as previous generations did, roughly the same amount as seniors.
International Business Times UK · Aug 10 US Economy 'Would Be in a Recession' Without AI Data Centres, Columbia Economist Warns AI infrastructure spending is now the largest driver of US economic growth, preventing a recession, according to Columbia economist Stijn Van Nieuwerburgh. However, concerns about debt financing are rising.
The Guardian - UK · Aug 9 Recession nails or racial erasure? Why a ‘naked’ manicure is not as neutral as it seems Bold colours are out and short, (seemingly) bare nails in, but some see trend as part of criticised ‘clean girl aesthetic’
The Independent UK · Aug 6 A deal to reopen the Strait of Hormuz nears – but Iran now holds all the cards THE INDEPENDENT VIEW: Editorial: We should applaud any breakthrough that lessens the risk of a global recession, but this is no victory for Donald Trump and only highlights the folly of the president’s senseless war
International Business Times UK · Aug 3 Britain's 2027 Money Warning: How a Closed Strait of Hormuz Could Hit Your Wallet Ernst & Young warns that the UK could face a recession if the Strait of Hormuz remains closed, impacting inflation and economic growth. The closure affects global energy markets and UK households.
The Guardian - UK · Aug 3 UK economy faces recession if strait of Hormuz remains closed, EY warns - as it happened Rolling coverage of the latest economic and financial news
The Independent UK · Aug 2 Prolonged Iran war could tip UK into recession next year, report warns The EY economic outlook cautions that GDP could slow to 0.5% this year and contract by 0.2% next year if the Strait of Hormuz remains shut into 2027.
The Independent UK · Aug 2 UK economy ‘at risk of recession’ next year if Strait of Hormuz disruption continues EY’s latest economic outlook also warns that inflation could rise to 6.4% as oil and gas prices soar