Economy Desk

Covering markets, economic policy, inflation, and business news that shapes financial decisions.

A home for sale sign in the US as pending home sales fell 5.4% in June 2026

US Pending Home Sales Fall 5.4% in June as Mortgage Rates Keep Buyers Away

The National Association of Realtors reported a 5.4% decline in pending home sales in June, as mortgage rates near 6.6% and median home prices at an all-time high of $440,600 kept buyers

July 20, 2026

by Economy Desk

CXMT semiconductor facility in China as company raises $8.6 billion in Shanghai IPO

China’s CXMT Raises $8.6 Billion in Record Shanghai IPO to Challenge Samsung and Micron

ChangXin Memory Technologies has raised $8.6 billion in a Shanghai STAR Market IPO that attracted 212 times the available shares, valuing China's leading DRAM chipmaker at $85 billion in the country's largest semiconductor listing and Beijing's clearest challenge yet to

July 20, 2026

by Economy Desk

Ken Griffin, founder and CEO of Citadel Securities

Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation

Citadel Securities has put $400 million into Crypto.com at a $20 billion valuation, the exchange's first

Boeing VC-25B presidential aircraft during final assembly

Boeing VC-25B on Track for 2028 Delivery as Defense Chief Warns of More Cost Growth

Boeing's defense chief Steve Parker confirmed the VC-25B presidential aircraft will be delivered mid-2028, while warning

Americans face severe austerity cuts after US debt fiscal calamity warning

US Debt Apocalypse Nears: Harvard Warns of Savage Austerity After Fiscal Collapse

America’s public debt has surged to 99% of GDP, a precarious threshold that shatters post-World War II records and signals an impending catastrophe. Projections from fiscal watchdogs paint an even grimmer picture:

December 7, 2025

Business·Economy·News

Trump DOT waives Southwest Airlines $11M fine 2022 holiday meltdown scandal

Trump DOT Lets Southwest Off the Hook: $11M Fine Vanishes for Airline That Stranded 2M Passengers in 2022 Holiday Nightmare

WASHINGTON — In a move that has aviation watchdogs and stranded passengers seething, the Trump administration’s Department of Transportation has wiped away the final $11 million installment of Southwest Airlines’ record $140

December 7, 2025

Business·Government and Politics·News

Crowded unemployment line amid US job market collapse ADP report 32K losses 2025

Job Apocalypse Looms: 32K ADP Losses, 1.17M Layoffs Crush US Market, Fed Rate Slash Imminent

In a stark signal that America’s labor engine is sputtering, private employers shed 32,000 jobs in November, marking the third decline in four months and fueling urgent calls for the Federal Reserve

December 7, 2025

Business·Economy·News

US PCE September 2025 consumer spending stalls at 0.3% amid 2.8% inflation

US Consumer Spending Hits the Brakes: Inflation Stubbornly Clings Above Fed Target

WASHINGTON — American consumers, the unyielding engine of the world’s largest economy, showed unmistakable signs of fatigue in September, with spending rising a tepid 0.3 percent after three months of robust gains.

December 6, 2025

Business·Economy·News

S&P 500 four-day win streak nears record high December 4 2025

Wall Street Teeters on Record Highs as Fed Rate Cut Hopes Clash with Sour Jobs Signals

In the shadow of a looming Federal Reserve decision, Wall Street closed Thursday with a tentative grip on record highs, as mixed economic signals fueled a day of choppy trading and heightened

December 7, 2025

Business·News

Wall Street Extends Rally as Cooler Inflation Keeps Fed Rate-Cut Bets Alive

Wall Street investors witnessed another session of measured gains on Wednesday, December 4, 2025, as major benchmarks extended their winning streak amid growing confidence that the Federal Reserve will deliver another interest

December 5, 2025

Business·Economy·News

Airbus A320 aircraft on production line facing quality control crisis and manufacturing defects

Airbus Shares Plunge 10% as New Manufacturing Defect Grounds A320 Deliveries

Airbus SE confronted a devastating blow to investor confidence as shares tumbled more than 10% following revelations of a new manufacturing quality defect affecting dozens of A320 aircraft, marking the company’s worst

December 4, 2025

Business·Economy·News

Tokyo traders react to Japan Q3 capex data amid tariff concerns Nikkei screen

Japan’s Corporate Investment Slows to 2.9% Growth Amid Tariff Pressures, Yet Signals Economic Resilience

TOKYO — Japanese companies increased their capital expenditures by 2.9 percent in the third quarter of 2025 compared to the previous year, a slowdown from the robust 5.1 percent expansion in the

December 4, 2025

Business·News

Wall Street digital stock chart showing Nasdaq surge in November 2025 amid tech rally

Wall Street Tech Rally Ignites Global Market Surge Amid Fed Rate Cut Optimism

US stock markets delivered their strongest performance in months on November 24, 2025, with the Nasdaq surging 2.6% in its biggest single-day gain since May. The rally was sparked by Alphabet, which

November 25, 2025

Business·Economy·News

reservation-13-dc-casino-development-aerial

Pittsburgh Developer Seeks Casino License for DC’s Reservation 13 as Commissioners Split on Gambling Proposal

A Pittsburgh-based real estate developer has unveiled an audacious plan to transform a waterfront parcel near Washington’s future Commanders stadium into a casino-anchored entertainment district, sparking fierce debate over whether gambling legislation

November 22, 2025

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Economy Desk

US Pending Home Sales Fall 5.4% in June as Mortgage Rates Keep Buyers Away

China’s CXMT Raises $8.6 Billion in Record Shanghai IPO to Challenge Samsung and Micron

Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation

Boeing VC-25B on Track for 2028 Delivery as Defense Chief Warns of More Cost Growth

US Debt Apocalypse Nears: Harvard Warns of Savage Austerity After Fiscal Collapse

Trump DOT Lets Southwest Off the Hook: $11M Fine Vanishes for Airline That Stranded 2M Passengers in 2022 Holiday Nightmare

Job Apocalypse Looms: 32K ADP Losses, 1.17M Layoffs Crush US Market, Fed Rate Slash Imminent

US Consumer Spending Hits the Brakes: Inflation Stubbornly Clings Above Fed Target

Wall Street Teeters on Record Highs as Fed Rate Cut Hopes Clash with Sour Jobs Signals

Wall Street Extends Rally as Cooler Inflation Keeps Fed Rate-Cut Bets Alive

Airbus Shares Plunge 10% as New Manufacturing Defect Grounds A320 Deliveries

Japan’s Corporate Investment Slows to 2.9% Growth Amid Tariff Pressures, Yet Signals Economic Resilience

Wall Street Tech Rally Ignites Global Market Surge Amid Fed Rate Cut Optimism

Pittsburgh Developer Seeks Casino License for DC’s Reservation 13 as Commissioners Split on Gambling Proposal

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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US Pending Home Sales Fall 5.4% in June as Mortgage Rates Keep Buyers Away

China’s CXMT Raises $8.6 Billion in Record Shanghai IPO to Challenge Samsung and Micron

Hungary’s PM Magyar Nominates Chess Champion Judit Polgar for Interim President

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