latest news in economy

Santa Fe City Council Sets New Minimum Wage at $17.50 by 2027

Santa Fe City Council Sets New Minimum Wage at $17.50 by 2027

Santa Fe, Friday, 14 November 2025.
Santa Fe’s minimum wage will rise to $17.50 per hour by 2027, with future increases tied to housing costs, in a move to support low-wage workers amid rising living expenses.

States Grapple with Rising Medicaid Costs Amidst Flat Enrollment

States Grapple with Rising Medicaid Costs Amidst Flat Enrollment

Washington, D.C., Thursday, 13 November 2025.
As states face stagnant Medicaid enrollment for FY 2026, spending pressures mount due to increased healthcare needs, provider rates, and federal budget cuts, risking fiscal shortfalls.

Investors Spot Potential in Bear Market with Undervalued Stocks

Investors Spot Potential in Bear Market with Undervalued Stocks

New York, Thursday, 13 November 2025.
Experts like Warren Buffett advise investing in undervalued stocks during the current bear market, highlighting opportunities with companies such as Pool Corp, owned by Berkshire Hathaway.

Atlanta Fed President Highlights Inflation as Major Economic Risk

Atlanta Fed President Highlights Inflation as Major Economic Risk

Atlanta, Thursday, 13 November 2025.
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, stresses that inflation remains a significant threat, advocating for steady interest rates until inflation trends towards the 2% target.

Young SMEs Drive Job Creation Amidst Economic Challenges

Young SMEs Drive Job Creation Amidst Economic Challenges

Paris, Thursday, 13 November 2025.
An OECD report reveals young small and medium-sized enterprises significantly contribute to job creation, even during economic downturns, while older SMEs often lead to job losses.

Carbon Capture Market Anticipates 13.5% Annual Growth Through 2031

Carbon Capture Market Anticipates 13.5% Annual Growth Through 2031

Global, Thursday, 13 November 2025.
Driven by technology and investment, the global carbon capture and sequestration market is set for 13.5% CAGR growth from 2024-2031 as sustainability efforts intensify worldwide.