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Economic News Reports

Air Canada has announced that economy passengers on all flights will be served complimentary beer, wine, and snacks starting this fall.
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Source:www.yahoo.com


Posted: 2025-10-16 07:49:00

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Economy News: Russia pushes back against Trump warning that the Russian economy is near collapse

Thu, 16 Oct 2025 19:07:58 +0000
By Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) -One of President Vladimir Putin's top economic officials on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse amid lines for gasoline in some regions.
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Economy News: As US shutdown starts to bite, how much could it hit economy?

Thu, 16 Oct 2025 16:08:01 +0000
The White House Council of Economic Advisers recently estimated that a month-long shutdown could lead to the loss of $30bn in consumer spending, in part due to the impact on government contractors, ...
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Economy News: Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Thu, 16 Oct 2025 13:08:01 +0000
A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell said in a speech in Philadelphia that despite the federal government shutdown cutting off official economic data,
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Economy News: UK will be second-fastest-growing G7 economy, IMF predicts

Thu, 16 Oct 2025 13:08:01 +0000
In the IMF's forecast for economic growth, the UK overtook Canada, after its trade-war-affected economy was hit by the biggest downgrades for 2025 and 2026. Germany, France and Italy are all forecast to grow far more slowly at rates of between 0.2 and 0.9% in 2025 and 2026.
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Fact Check Team: The economic impact of high car prices: Rising debt and repossessions

Thu, 16 Oct 2025 12:21:00 GMT
The average price of a new car in the U.S. has officially topped $50,000 for the first time in history, according to Kelley Blue Book.

Fed's Powell addresses economy pulled between risks to growth, jobs and prices

Tue, 14 Oct 2025 16:19:22 GMT
Federal Reserve Chair Jerome Powell will deliver his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a recent jump in productivity.

IMF Set to Release Global Economic Outlook Amid Growing Market Uncertainty

Tue, 14 Oct 2025 04:30:00 GMT
Today, October 14, 2025, the International Monetary Fund (IMF) will present its eagerly awaited World Economic Outlook (WEO) report at a hybrid press ...

CPI Report Will Shine Light On Economy During Data Blackout

Fri, 10 Oct 2025 13:43:00 GMT
The Bureau of Labor Statistics will reportedly release a key report on inflation for September despite an ongoing government shutdown that is delaying most of the statistics produced in Washington.

Consumer Spending Update: Economic Confidence Continues Slide in October

Fri, 10 Oct 2025 09:16:00 GMT
Economic confidence decreased to 105.9 in this month’s Rasmussen Reports Economic Index, more than three points lower than September.


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