Rising childcare costs and overwhelming work demands have forced many women, including executives, to leave their jobs to focus on family and self-care—a trend that risks stifling U.S. economic growth. An estimated 455,000 women left the workforce between January and August this year.—cnn.com
Category: Economics in the News-Macro
The Indian Rupee Fell to a Historic Low
India’s currency fell to a historic low of 88.62 rupees per U.S. dollar on September 23 as higher U.S. visa fees hurt India’s IT sector and prompted foreigners to sell Indian stocks. Additionally, the United States imposed tariffs of up to 50% on Indian goods.—khaleejtimes.com
China’s GDP Growth Set to Dip, Raising Pressure for More Stimulus
China’s economy is expected to grow by 4.8% from July to September, the slowest growth since the third quarter of 2024. The People’s Bank of China is expected to lower the required reserve ratio by 20 basis points.—reuters.com A basis point is one hundredth of one percentage point.
Hamburger Helper Sales Rise
During the 2008 financial crisis and the Covid pandemic in 2020, sales of Hamburger Helper increased. Even today, with the price for food consumed at home 21 percent higher than it was four years ago, sales are up 14.5 percent in the year through August.—nytimes.com
Thousands Attend Daniel Caesar’s Free Concert
Daniel Caesar fans poured into Vancouver’s John Hendry Park as the musician hosted a free show. Some attendees climbed trees to get a view. One stood on a garbage can, another on a bike and a few on chairs.—cbc.ca
Propping Up the Argentinian Peso
In September, the peso reached 1,475 per U.S. dollar, approaching the upper limit of its flexible exchange rate band. Argentina’s central bank, using scarce reserves to support the peso, is backing the President’s anti-inflation strategy, increasing the likelihood the band will be replaced with a more flexible exchange rate system.—economist.com
Fed Cuts Interest Rates Amid Weakening Job Market
The Fed lowered the federal funds rate at its recent meeting. The inflation rate rose from 2.7 percent in July 2025 to 2.9 percent in August 2025, and the unemployment rate rose from 4.2 percent to 4.3 percent during the same period.—npr.org
Yen Sinks After Japan’s PM Resigns
The yen fell broadly against the U.S. dollar, the euro, and the pound on Monday after the Prime Minister’s resignation, as investors anticipated a successor favoring looser monetary policies.—reuters.com
30–Year Japanese Government Bonds Yield at Record High
Yields on 30–year Japanese government bonds climbed to a record high on Monday after the Prime Minister’s resignation. —reuters.com
The U.S. Unemployment Situation
The labor market grew in August 2025. The number of workers and the number of people looking for work increased.— bls.gov