Economy

Economic News

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dow-jones

Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says — Interview

(10:47 GMT) *Nestle Sees Mid-Size Formats Being Squeezed, Head of Marketing Says (10:47 GMT) *U.S. Consumers Increasingly Focused on Affordability in Last Six Months, Nestle's Americas CEO Says (10:47 GMT) Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says — InterviewBy Aimee LookNestle…

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EconomyStocks CH
trading-economics

Seychelles GDP Sees First Contraction Since 2023

The economy of Seychelles shrank by 0.1% year-on-year in Q1 2026, following an upwardly revised 9.4% growth in the previous period.This was the first contraction since Q3 2023, driven by tourism-related activities, particularly accommodation and food services (-9.8% vs 8.9%) and arts, entertainment…

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Economy
NEWS reuters

Commercial swaps of frozen assets do not pose systemic risks, Russia's cbank governor says

Commercial swaps of assets mutually frozen in the EU and Russia, organized by private brokers, do not have a systemic impact on the domestic market, the central bank's governor Elvira Nabiullina said on Thursday.Nabiullina added that such swaps do not significantly reduce the total amount of frozen…

Reuters en
Economy
NEWS reuters

Russia's central bank says higher gasoline imports won't weaken rouble

Russia's need to import more gasoline after Ukrainian drone attacks on refineries will not weaken the rouble because exports of surplus crude oil will also increase, a top central bank official said on Thursday.Russia has begun importing gasoline by sea from India and plans to import 400,000 metric…

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EconomyForex
NEWS reuters

Hungary to launch $128 million school-start benefit scheme

Hungary will launch a means-tested school-start benefit program at a cost of 40 billion forints ($128.41 million) per year, Prime Minister Peter Magyar said on Thursday, adding new spending after a surge in the budget deficit in early 2026.Magyar, who ousted right-wing leader Viktor Orban in an Apr…

Reuters en
Economy
NEWS dow-jones

U.S. Political, Economic Calendar - Week Ahead

All dates are in ET Time. Thursday, July 2, 2026 Exp Prev ET/GMT 0830/1230 06/27 Unemployment Insurance Weekly Claims Report - Initial Claims Jobless Claims 220K 215K…

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Economy
NEWS reuters

Thai federation revises May car production to 11.43% y/y fall 

The Federation of Thai Industries said on Thursday it has revised its figures for car production in May, with output at 123,276 units, down 11.43% year on year.It previously said production fell 17.94% year on year to 114,214 units.

Reuters en
Economy
trading-economics

Ireland’s Economy Contracts Less than Initially Thought

Ireland’s economy contracted by 7.0% in the first quarter of 2026, extending a 3.6% decline in the previous quarter, according to revised data.The globalized Industry sector contracted by 12.0% from Q4 2025, while Information & Communication declined by 2.0%.Overall, the multinational-dominated sec…

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Economy
NEWS reuters

Irish Q1 GDP drop revised to 7%, domestic growth remains

Growth in Ireland's domestic economy during the first three months of 2026 was revised on Thursday to 0.3% quarter-on-quarter from 0.6% previously while the much more volatile gross domestic product (GDP) was marked down to -7.0% from -12.1%.With Ireland's large multinational sector often distortin…

Reuters en
Economy
reuters

Wall Street's aging bull meets an 'everlasting' US expansion: Mike Dolan

By Mike DolanOf the many extraordinary aspects of the morphing U.S. economy, none stands out more than its escape from significant cyclical recession since mid-2009 — a roughly 17-year run that has compounded the stock market boom and eased funding for the AI transformation.This is hardly the "Grea…

Reuters en
Economy
NEWS dow-jones

Austin's Million-Dollar Home Boom Spills Into Texas Hill Country — WSJ

By Nancy Keates | Photographs by Brenda Bazán for WSJTexas Hill Country — Three years ago, Jen Bachman noticed a woman who had started coming in twice a day to the cafe she owns with her husband in Wimberley, Texas, a small town about 45 miles southwest of Austin. The woman, Linda Nelson, said she…

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Economy
NEWS reuters

Progressive surge complicates Democrats’ midterms focus on prices

By Tim Reid and Helen CosterDemocrats head into November’s midterm elections with potential advantages, including the unpopularity of President Donald Trump and voter anger with Republicans over high prices.But a string of primary victories by left-wing Democrats could complicate party leaders' eff…

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