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New York is flirting with an economic catastrophe

New York is flirting with an economic catastrophe

New York has always been the most ruthlessly capitalist city on Earth, a place where money could be made quicker than anywhere else. But a mayoral race has put that at risk, and we could all suffer.

  • by Matthew Lynn

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‘Afraid of his own shadow’: The split that could finally take down Trump’s old enemy

‘Afraid of his own shadow’: The split that could finally take down Trump’s old enemy

US Fed chair Jerome Powell has been fighting to hold on to his job since Donald Trump returned to the White House. It just got a lot harder.

  • by Stephen Bartholomeusz
Can this ugly elf make China cool again?

Can this ugly elf make China cool again?

In China’s campaign to win over hearts and minds worldwide, its latest weapon is a fanged, bunny-eared, arguably quite ugly plushie.

  • by Vivian Wang
Dark clouds gather over Australia’s red earth riches

Dark clouds gather over Australia’s red earth riches

China’s voracious appetite for iron ore has kept the Australian economy prosperous for decades. But demand is starting to cool.

  • by Simon Johanson and Nick Toscano
Oil prices have jumped. Do you need to run to the petrol station?

Oil prices have jumped. Do you need to run to the petrol station?

There’s no crisis in oil markets yet, but your bill at the bowser might creep up.

  • by Millie Muroi
Meet the EMILLIs, our everyday millionaires. Australia has plenty of them
Opinion
Investing

Meet the EMILLIs, our everyday millionaires. Australia has plenty of them

The cost-of-living crisis may have left us feeling economically challenged, but relative to the rest of the world a lot of us are definitely lucky.

  • by Elizabeth Knight
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Fight to the death: The world has to prepare for a Middle East energy storm

Fight to the death: The world has to prepare for a Middle East energy storm

Markets are acting like the Middle East conflict will blow over as seen so often in the past. But this time it’s different. Does Trump understand what he did?

  • by Ambrose Evans-Pritchard
Trump’s trade war is starting to bite China’s economy
Opinion
Trade wars

Trump’s trade war is starting to bite China’s economy

China’s economy is holding up better than expected in this early phase of the trade war, but first cracks are emerging.

  • by Stephen Bartholomeusz
The world of work has been transformed. What happens next is still up to us
Opinion
AI

The world of work has been transformed. What happens next is still up to us

What sort of society do we want to live in when artificial intelligence hits its stride? That is the conversation we need now.

  • by Aruna Sathanapally
Israeli strikes on Iran’s oil stoke fears of higher petrol prices

Israeli strikes on Iran’s oil stoke fears of higher petrol prices

Motorists can expect to pay 12¢ a litre more for petrol within weeks if the oil price spike caused by war in the Middle East continues, say economists.

  • by Angus Delaney and Simon Johanson
It would be catastrophic for America if Trump doesn’t forgive Musk

It would be catastrophic for America if Trump doesn’t forgive Musk

Donald Trump and Elon Musk need each other and America needs them to get along.

  • by Philip Pilkington

Original URL: https://www.watoday.com.au/business/the-economy