Browsing: Economy

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy

Hawaiʻi is now at the very bottom when it comes to business rankings. Here’s what to do about that

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses

The nation’s gross domestic product grew at an annual rate of 1.5% in the second quarter, the Commerce Department said Thursday, weaker than economists expected and a sign the Iran war is hurting growth

The North Korean economy grew more than 3 percent for the third consecutive year in 2025, supported by expanded economic cooperation with Russia, South Korea’s central bank said Friday

Consumer spending continued to power the U.S. economy in April, May and June, as GDP expanded at an annual rate of 1.5%. Joe Raedle/ North Americahide caption

Economic growth was weaker than expected in the second quarter though underlying drivers were mostly solid. At the same time, inflation in June held well above the Federal Reserve’s goal and complicated the central bank’s policy path, the Commerce Department reported Thursday

When the cost of nearly everything is rising, economists call it inflation. Even if paychecks also rise, inflation typically leads people feel like it’s harder to make ends meet, and it often becomes a major political issue

Tehran, Iran – Millions of people across Iran are struggling for livelihood and survival, but the country’s embattled economy is still far from a state of collapse despite five months of war with the United States

Cars line up at the pumps of a Gulf Oil station on the Massachusetts Turnpike near Boston, Sunday, July 19, 2026. /Gene J. Puskar, File)