latest news in economy
How the New Federal Reserve Chief Plans to Change the Fight Against Inflation
Washington, Thursday, 23 July 2026.
By repeatedly declaring “inflation is a choice,” new Fed Chair Kevin Warsh signals a major policy regime shift, asserting the central bank must take full responsibility for rising prices.
Saudi Arabia Uses $925 Billion Wealth Fund to Challenge UAE Dominance
Riyadh, Thursday, 23 July 2026.
Saudi Arabia is deploying its $925 billion sovereign fund—surpassing the UAE’s combined primary vehicles—into massive domestic projects to directly challenge its neighbor’s regional economic dominance.
Economic Growth No Longer Means More Carbon Pollution for Most of the World
London, Thursday, 23 July 2026.
A groundbreaking study reveals that nations representing 92 percent of global GDP have broken the link between economic growth and rising carbon emissions, signaling a historic macroeconomic shift.
Why Tech Workers Are Turning to Unions to Challenge Artificial Intelligence
San Francisco, Wednesday, 22 July 2026.
Driven by artificial intelligence anxieties and job cuts, traditionally union-resistant Silicon Valley tech workers are rapidly organizing to demand collective bargaining rights over automated workplace technologies.