Business/Economy
AfD Leader Warns Germany Faces Economic Collapse as Bankruptcies Surge and Industry Falters🔥79
- •She cites 22,000 projected bankruptcies in 2025, about 60 per day.
- •Industrial production fell 4.3% in August, with the automotive sector down nearly 20%.
- •Around 10,000 industrial jobs are being lost each month.
- •Weidel accuses the government of ignoring alarming economic data.
JD Vance Warns as Consumer Sentiment Hits Lowest Level in Nearly a Year Amid Inflation Pressures🔥79
- •Lowest reading since November 2023
- •Marks 19 consecutive months of declining sentiment, longest streak since the 1980s
- •Vice President JD Vance highlighted inflation and rising living costs as main concerns
- •Survey shows only 35% expect improvement over the next year
US Job Growth Overstated by 911,000 in Historic Labor Market Revision🔥75
- •Largest annual revision on record, surpassing last year’s cut of 818,000 jobs
- •Leisure and hospitality: -176,000 jobs
- •Professional and business services: -158,000 jobs
- •Retail trade: -129,000 jobs
U.S. Job Growth Slows Sharply With Only 22,000 Positions Added in August🔥65
- •This marks the weakest monthly job growth in more than two years.
- •Unemployment rate remained steady at 4.1%.
- •Wage growth slowed to 0.1% monthly, 3.2% annually.
- •Retail and construction showed stagnation, while manufacturing saw minimal gains.
India’s Economy Expands 7.8% in Q1, Driven by Manufacturing and Services🔥54
- •Growth driven by **manufacturing, services, and government spending**.
- •**Gross Value Added** rose 7.6%, compared to 6.8% in the prior quarter.
- •**Private consumption** increased 7.0% year-on-year, supported by rural demand and durable goods purchases.
- •Government capital spending on **infrastructure and development projects** boosted growth.
Klobuchar: Tariffs Driving $2,400 Spike in Family Living Costs as Markets Shrink, Inflation Rises🔥60
- •She attributes the rise entirely to new tariffs affecting key sectors like agriculture, retail, and manufacturing.
- •Klobuchar highlights higher grocery prices, increased costs for household essentials, and overall inflation as direct results.
- •American businesses are facing greater operating expenses due to more expensive imported materials and reduced export markets, especially for products like soybeans.
- •Many companies report having little to no recourse or relief from the economic impact of the tariffs.
