latest news in economy

Corporate Buyouts Slump as Private Lenders Favor Safer Companies

Corporate Buyouts Slump as Private Lenders Favor Safer Companies

New York, Saturday, 24 October 2026.
Middle-market buyout financing plummeted 60% year-over-year in the third quarter of 2026 as risk-conscious private lenders aggressively restricted funding for weaker corporate borrowers.

Why the Next Economic Downturn Could Accelerate Millions of Automation Layoffs

Why the Next Economic Downturn Could Accelerate Millions of Automation Layoffs

New York, Saturday, 24 October 2026.
Goldman Sachs warns up to 15 million workers face automation displacement, with history showing firms aggressively execute technological layoffs only when an economic recession forces cost-cutting.

Why Surging Oil Costs Are Driving Silver to Fresh Yearly Lows

Why Surging Oil Costs Are Driving Silver to Fresh Yearly Lows

New York, Friday, 23 October 2026.
Silver plunged below $54 per ounce, falling over 50% from its January record as crude oil topping $115 revived fears of aggressive Federal Reserve rate hikes.

The Mexican Peso Drops to a Nearly One-Year Low Against the US Dollar

The Mexican Peso Drops to a Nearly One-Year Low Against the US Dollar

Mexico City, Friday, 23 October 2026.
Suffering seven consecutive weeks of losses, the Mexican peso reached an eleven-month low of 18.70 per dollar as expected price swings doubled ahead of pivotal central bank decisions.

Soaring Gas Prices Push American Household Confidence to Historic Lows

Soaring Gas Prices Push American Household Confidence to Historic Lows

Washington, Friday, 23 October 2026.
With gas prices up 40% year-over-year, American consumer sentiment plunged near historic lows in October, as 85% of households now warn inflation is severely damaging their finances.

Why the Next Grand Theft Auto Will Not Harm American Business

Why the Next Grand Theft Auto Will Not Harm American Business

New York, Friday, 23 October 2026.
No Intro Provided

Kansas Lender Regains Clean Regulatory Standing After Federal Reserve

Kansas Lender Regains Clean Regulatory Standing After Federal Reserve

Washington, Friday, 23 October 2026.
No Intro Provided

The Divide in American Wealth: Delinquencies Hit a 15

The Divide in American Wealth: Delinquencies Hit a 15

Washington, Friday, 23 October 2026.
No Intro Provided

Soaring Jet Fuel Prices Drive Holiday Airfares to Ten Year Highs

Soaring Jet Fuel Prices Drive Holiday Airfares to Ten Year Highs

Washington, Friday, 23 October 2026.
U.S. jet fuel prices nearing $4.75 per gallon have doubled since last year, pushing holiday airfares up to 30% higher as unhedged airlines pass record costs onto travelers.

American Metal Tariffs Cause Price Spikes Without Creating Expected Jobs

American Metal Tariffs Cause Price Spikes Without Creating Expected Jobs

Washington, Friday, 23 October 2026.
A Montreal Economic Institute study reveals U.S. steel prices surged 33.9% and aluminum 58% since February 2025 tariffs, driving up manufacturing costs while creating almost no domestic employment growth.