Economy News The Future Of The Us Economy Is In The South
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Shutdown is costing US economy $15 billion a day, Bessent says
The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ... Read More
US economy is already on the edge – a prolonged government shutdown could send it tumbling over
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) John W. Diamond, Rice University (THE CONVERSATION) The economic consequences ... Read More
Commentary: US faces bleak economic future. What’s the solution?
Economic future of the US may mirror past failed empires without action, including establishment of a bipartisan fiscal commission of politicians and experts. Read More
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ... Read More
Takeaways: If you’re confused about what’s next for the US economy, so is the Fed
The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More
U.S. tariffs could keep weighing heavily on South Korean economy
SEOUL, Sept. 26 (UPI) --The International Monetary Fund said this week that South Korea's economy would rebound next year after a sluggish 2025. But concerns linger over the impact of steep U.S. Read More
Ramaphosa: SA advocates for reciprocal trade with the US
President Cyril Ramaphosa has reaffirmed South Africa's commitment to fostering strong trade and investment ties with the United States, highlighting opportunities for growth and collaboration in key ... Read More
AI set to keep global economy expanding in 2026
Artificial intelligence has shifted from a promising technology to a primary engine of economic growth for the foreseeable future. Read More
South Africa-US trade faces uncertain future as Agoa renewal stalls
Business and economic leaders warn that diplomatic tension, tariffs and shifting global alliances could shape whether the country remains part of the renewed agreement ... Read More
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