latest news in economy

Trump Quadruples Argentine Beef Imports in Controversial $800 Million Trade Deal

Trump Quadruples Argentine Beef Imports in Controversial $800 Million Trade Deal

Washington D.C., Saturday, 7 February 2026.
Prioritizing consumer costs, Trump signed an order quadrupling Argentine beef imports to combat record prices, a strategic move defying fierce opposition from the U.S. cattle industry.

Delayed Labor Data and Retail Earnings Take Center Stage

Delayed Labor Data and Retail Earnings Take Center Stage

New York, Saturday, 7 February 2026.
After a shutdown-induced delay, Wednesday’s jobs report is expected to show 80,000 new roles, a pivotal figure for Federal Reserve policy as investors scrutinize McDonald’s and Robinhood earnings.

Labor Market Softening Replaces Inflation as Primary Economic Threat

Labor Market Softening Replaces Inflation as Primary Economic Threat

Washington, Saturday, 7 February 2026.
New data reveals a critical pivot in the economic landscape as labor instability rises. With January job cuts surging to their highest level since 2009 and vacancies plummeting to five-year lows, the employment sector is showing dangerous signs of cracking, potentially forcing the Federal Reserve to prioritize recession prevention over inflation control.

Markets Recover Friday While Amazon Slides on $200 Billion AI Spending Forecast

Markets Recover Friday While Amazon Slides on $200 Billion AI Spending Forecast

New York, Friday, 6 February 2026.
Wall Street stabilized Friday, yet Amazon shares tumbled after announcing a $200 billion AI investment plan for 2026, surpassing analyst expectations by $50 billion.

Utilities Plan 500 New Gas Plants to Power Data Center Boom

Utilities Plan 500 New Gas Plants to Power Data Center Boom

Washington, Friday, 6 February 2026.
Utilities plan nearly 500 new gas plants to fuel the AI boom, risking further cost spikes as electricity prices already rise at double the rate of inflation.

Ray Dalio Warns of Imminent Capital War and Identifies Gold as Safest Asset

Ray Dalio Warns of Imminent Capital War and Identifies Gold as Safest Asset

New York, Friday, 6 February 2026.
Speaking in Dubai this week, Bridgewater founder Ray Dalio warned that weaponized financial policies are pushing the global economy toward a “capital war,” citing gold as the only reliable safe haven against potential asset freezes.

AI Disruption Fears Trigger $1 Trillion Software Sector Selloff

AI Disruption Fears Trigger $1 Trillion Software Sector Selloff

New York, Friday, 6 February 2026.
Investors have wiped $1 trillion from software stocks in a single week, fearing Anthropic’s new AI plugins will make traditional service models obsolete in a brutal market rotation.

World Cup Ticket Notifications Begin Amid Record Demand and Soaring Ancillary Costs

World Cup Ticket Notifications Begin Amid Record Demand and Soaring Ancillary Costs

Los Angeles, Friday, 6 February 2026.
As FIFA notifies winners from 500 million requests, the “experience economy” intensifies; Los Angeles parking fees have reportedly reached $300, in some cases exceeding the cost of match entry.

Global Electricity Demand Surge Signals Urgent Need for Grid Expansion

Global Electricity Demand Surge Signals Urgent Need for Grid Expansion

Paris, Friday, 6 February 2026.
As global electricity demand surges to add the equivalent of two European Unions by 2030, the IEA warns grid investment must increase by 50% to maintain reliability.

India Pauses Rate Cuts as US Trade Deal Boosts Economic Outlook

India Pauses Rate Cuts as US Trade Deal Boosts Economic Outlook

Mumbai, Friday, 6 February 2026.
Defying calls for cheaper credit, the central bank sees Washington’s surprise tariff cut to 18% as enough stimulus to halt its easing cycle and prioritize stability.