latest news in economy

Why Recent College Graduates Are Struggling to Secure Entry-Level Jobs

Why Recent College Graduates Are Struggling to Secure Entry-Level Jobs

New York, Saturday, 18 July 2026.
As entry-level hiring slows, recent American college graduates face rising unemployment, driven by a threefold increase in employers requiring artificial intelligence skills for starter positions.

New Mortgage Options Allow Startup Employees to Buy Homes Using Private Stock

New Mortgage Options Allow Startup Employees to Buy Homes Using Private Stock

San Francisco, Saturday, 18 July 2026.
A new California mortgage program converts pre-IPO startup stock into monthly qualifying income, allowing paper-wealthy employees to finally buy homes before their company goes public.

How Rising Government Debt and Non-Bank Lenders Threaten Global Financial Stability

How Rising Government Debt and Non-Bank Lenders Threaten Global Financial Stability

Basel, Saturday, 18 July 2026.
The Bank for International Settlements warns that record government debt and leveraged non-bank financial institutions threaten global stability, severely limiting central banks’ ability to manage economic shocks.

American Steel Production Surges Toward 50 Million Tons in 2026

American Steel Production Surges Toward 50 Million Tons in 2026

Washington, Saturday, 18 July 2026.
Despite a minor weekly dip, U.S. raw steel production surged 5.9% this year to nearly 50 million tons by July 2026, signaling robust domestic manufacturing and infrastructure demand.

New Retirement Guide Reveals the Real Costs of Investing in Gold

New Retirement Guide Reveals the Real Costs of Investing in Gold

New York, Saturday, 18 July 2026.
IRAEmpire’s new guide exposes hidden gold IRA fees, warning that high dealer markups can immediately slash an investor’s retirement account value by more than 25 percent.

Why the Era of Plentiful Oil Has Officially Ended

Why the Era of Plentiful Oil Has Officially Ended

Washington, Friday, 17 July 2026.
With OECD oil inventories plunging to their lowest levels since 1990, Carlyle Group’s Jeff Currie warns the market has entered a severe, long-term structural energy shortage.

Global Computer Chip Stocks Enter Major Downturn After Trillion-Dollar Sell-Off

Global Computer Chip Stocks Enter Major Downturn After Trillion-Dollar Sell-Off

New York, Friday, 17 July 2026.
On July 17, 2026, global chip stocks officially entered a major downturn, erasing over $1.5 trillion in weeks despite companies like Samsung posting record-breaking profits.

Most Americans Express Deep Economic Pessimism as Living Costs Strain Household Budgets

Most Americans Express Deep Economic Pessimism as Living Costs Strain Household Budgets

Washington, Friday, 17 July 2026.
A new survey reveals 61% of Americans are pessimistic about the economy, with many blaming President Trump for inflation as households aggressively cut back on essential spending.

How Shipping Flexibility Is Redefining the Global Liquefied Natural Gas Market

How Shipping Flexibility Is Redefining the Global Liquefied Natural Gas Market

Houston, Friday, 17 July 2026.
As global markets prioritize shipping flexibility over basic supply, Europe faces a critical 158-terawatt-hour storage deficit while Asian imports surge to a six-month high.

Why Stagnant Job-Switching Is Flattening American Paychecks

Why Stagnant Job-Switching Is Flattening American Paychecks

Washington, Friday, 17 July 2026.
With the U.S. quits rate dropping to 1.9%, flatlining job mobility has locked wage growth to inflation, erasing real income gains for American workers.