Economics News
U.S trade deficit narrows in September 2025 as exports rise
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported that the United States’ goods and services trade deficit was $52.8 billion in September 2025, a decrease of $6.4 billion from August’s revised figure of $59.3 billion.
By Globe Banner | Dec 11, 2025
Westpac survey shows rise in Australians taking on side hustles amid financial pressures
More than half of Australians are participating in or considering joining the side hustle economy, according to new research commissioned by Westpac.
By Globe Banner | Dec 8, 2025
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U.S.-based foreign multinationals employed over eight million workers in 2023
By Globe Banner | Dec 5, 2025
Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.66 million workers in the United States in 2023, according to new statistics released by the U.S. Bureau of Economic Analysis (BEA).
U.S. personal income rises 0.4% in September as spending increases
By Globe Banner | Dec 5, 2025
Personal income in the United States rose by $94.5 billion, or 0.4 percent, in September 2025, according to data released by the U.S. Bureau of Economic Analysis (BEA).
MicroStrategy co-founder on Bitcoin’s global impact: ‘Bitcoin is the foundation of economic markets'
By Globe Banner | Dec 3, 2025
Michael Saylor, Co-founder of MicroStrategy, said that Bitcoin's trading power now surpasses that of major economic giants.
Florida Justice Reform Institute links reforms to 6.5% auto rate drop
By K. R. Tobin | Dec 2, 2025
The Florida Justice Reform Institute has announced that recent reforms aimed at curbing lawsuit abuse have contributed to a 6.5% decrease in auto insurance rates among the state's five largest insurers.
Amazon highlights $2.5 trillion in sales and U.S. job growth from independent sellers
By K. R. Tobin | Nov 24, 2025
Amazon has announced that independent sellers have generated more than $2.5 trillion in cumulative sales over the past 25 years.
U.S.trade deficit narrows sharply in August as imports decline
By Globe Banner | Nov 19, 2025
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported that the United States’ international trade deficit in goods and services fell to $59.6 billion in August 2025, a decrease of $18.6 billion from July’s revised figure of...
Binance founder on Japan's proposed crypto tax cut: ‘Lower fees = more economic growth’
By Globe Banner | Nov 17, 2025
Changpeng "CZ" Zhao, founder and former CEO of Binance, has expressed support for reducing cryptocurrency fees as a means to stimulate economic growth.
IMF reviews Zimbabwe’s economic progress and discusses 2026 budget framework
By Globe Banner | Nov 13, 2025
An International Monetary Fund (IMF) staff team led by Wojciech Maliszewski visited Zimbabwe from October 29 to November 5, 2025.
Timcast News contributor on rising U.S. auto insurance: 'This is not sustainable'
By K. R. Tobin | Nov 10, 2025
Josie Glabach, a contributor for Timcast News, has highlighted the significant increase in U.S. car insurance premiums for 2024-25.
IMF urges further fiscal consolidation amid slow recovery in Finland
By Globe Banner | Nov 10, 2025
A team from the International Monetary Fund (IMF), led by Alex Pienkowski, visited Helsinki and Tampere between October 28 and November 7 for the 2026 Article IV Consultation.
IMF staff reviews Malawi’s economic challenges during November visit
By Globe Banner | Nov 7, 2025
An International Monetary Fund (IMF) staff team, led by Justin Tyson, visited Malawi from November 3 to 7 as part of ongoing discussions with Malawian authorities.
IMF reaches staff-level agreement with Mauritania on economic reform reviews
By Globe Banner | Nov 7, 2025
An International Monetary Fund (IMF) team led by Felix Fischer has reached a staff-level agreement with Mauritanian authorities on the Fifth Review of the country’s economic program under the Extended Fund Facility (EFF) and Extended Credit...
IMF releases third progress report on phase three of G20 Data Gaps Initiative
By Globe Banner | Nov 7, 2025
The International Monetary Fund (IMF) has released the Third Progress Report on the implementation of the Third Phase of the G20 Data Gaps Initiative (DGI-3), in collaboration with the Inter-Agency Group on Economic and Financial Statistics (IAG)...
Insurance Information Institute announces nearly $1 billion in premium refunds for Progressive auto-insurance policyholders
By Globe Banner | Nov 6, 2025
The Insurance Information Institute has announced that Florida's litigation reforms have led to nearly $1 billion in premium refunds for Progressive auto-insurance policyholders.
Florida Office of Insurance Regulation announces nearly $1 billion in credits for auto policyholders
By Globe Banner | Nov 6, 2025
The Florida Office of Insurance Regulation has announced that nearly $1 billion in credits will be issued to auto policyholders due to improvements in the state's insurance market.
IMF discusses new support program during visit to Senegal
By Globe Banner | Nov 6, 2025
A team from the International Monetary Fund (IMF), led by Mission Chief Edward Gemayel, visited Dakar from October 22 to November 6, 2025.
IMF completes sixth review mission for Paraguay's PCI and RSF programs
By Globe Banner | Nov 6, 2025
An International Monetary Fund (IMF) team, led by Fabian Valencia, visited Asunción, Paraguay from October 27 to November 5, 2025.
IMF opens annual research conference addressing shifts in trade and financial integration
By Globe Banner | Nov 6, 2025
The International Monetary Fund (IMF) opened its 26th Annual Research Conference, focusing on the theme “The Evolving Landscape of Global Trade and Financial Integration.” The event was addressed by the IMF’s First Deputy Managing Director, who...