News

Financial markets dealt Argentina a harsh blow after President Javier Milei's coalition suffered a major defeat in midterm elections in Buenos Aires province.
Malawi is holding a presidential election this week as one of Africa's poorer countries grapples with an economic crisis, food and fuel shortages — and memories of a vote six years ago that was canceled and a redo ordered because of widespread irregularities.
And then there’s the vibe — the feeling of malaise that weighed down President Biden and Vice President Kamala Harris last fall. Last month, 63 percent of Americans thought the economy is getting worse, Gallup found — one point higher than the 62 percent who believed that in October 2024, right before the election.
Heading toward fall, Americans are continuing to rate the U.S. economy negatively, as most pick "uncertain" and "struggling" to describe its current state. Ratings dipped again slightly over the last month.
The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of Labor Statistics (BLS) said on Tuesday. The figure, which exceeded economists' expectations, appears to be the largest revision ever recorded. The preliminary estimate will be finalized next year.
France has lost its third prime minister in 12 months, after François Bayrou lost a crucial confidence vote. The fall of the minority government brings more political and economic upheaval, less than a year after former prime minister Michel Barnier’s short-lived administration imploded in December.
Ghanaian President John Mahama used his first press conference since his election to take a victory lap, celebrating faster growth, slower inflation and a stronger currency.