#economic-decline

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fromwww.theguardian.com
2 weeks ago

Rise in UK unemployment and slowing wage growth add new pressure for interest rate cut

Official figures indicate that Britain's unemployment rate rose to 4.7% in the three months to May, a slight increase from 4.6% in April, while pay growth fell from 5.3% to 5%.
UK news
fromwww.independent.co.uk
2 weeks ago

US manufacturers are stuck in a rut despite subsidies from Biden and protection from Trump

American manufacturing is facing significant job losses and a continuous decline in activity over recent years.
UK news
fromwww.theguardian.com
3 weeks ago

Fall in UK GDP puts focus back on expectations of tax rises in autumn budget

May's GDP fell by 0.1%, indicating potential ongoing economic contraction and challenging conditions ahead.
Concerns about economic fragility and a likely rate cut from the Bank of England are emerging.
UK news
fromwww.theguardian.com
3 weeks ago

The Guardian view on young people in coastal towns: time to invest in their future | Editorial

Coastal towns in Britain face economic decline, prompting a need for new regeneration strategies to empower young residents.
fromwww.mercurynews.com
3 weeks ago

Big Oakland hotel is seized by lender as Bay Area lodging market fades

Oakland's largest hotel was foreclosed on, indicating severe struggles in the Bay Area lodging market post-coronavirus.
fromwww.npr.org
3 weeks ago

Why some see the dollar's drop as a sign America is losing its financial might

The U.S. dollar has declined over 10% this year, marking its worst first half since 1973.
fromwww.mercurynews.com
1 month ago

Bay Area hit hard by federal job cuts

The Bay Area experienced significant federal job losses, exacerbating existing economic challenges.
fromBusiness Matters
2 months ago

UK car production slumps to lowest April levels since 1952 amid van factory closure and global trade turmoil

"With automotive manufacturing experiencing its toughest start to the year since 2009, urgent action is needed to boost domestic demand and our international competitiveness," he warned.
UK news
#germany
Germany politics
fromwww.dw.com
2 months ago

German economy: When will it pick up again? DW 05/22/2025

Germany is in recession, facing competitive decline due to high energy costs, bureaucracy, and an ageing workforce.
Germany politics
fromwww.dw.com
2 months ago

German economy: When will it pick up again? DW 05/22/2025

Germany is in recession, facing competitive decline due to high energy costs, bureaucracy, and an ageing workforce.
fromBusiness Insider
2 months ago

20 vintage photos show what life was like in America's small towns 100 years ago

Small mining towns that thrived in the early 1900s have largely declined into disrepair, with some now transformed into tourist destinations that highlight their historical significance.
Startup companies
#manufacturing
fromSilicon Canals
3 months ago

Dutch startup investments down 59% YoY in Q1 2025, seed rounds gain ground: Quarterly Startup Report - Silicon Canals

Investment in Dutch startups stagnated around €460M in Q1 2025, representing a significant decline of 59% from the previous year.
fromwww.nytimes.com
3 months ago

In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump's Tariffs

The textile industry in Upstate South Carolina is seen as obsolete, with little appeal to the younger generation.
US politics
fromwww.mediaite.com
3 months ago

Dow Futures Plummet 1,500 Points as Trump Tariff Shockwave Continues

U.S. stock futures dropped sharply due to investor concerns over ongoing tariffs imposed by the Trump administration.
fromThe Nation
3 months ago

The Unemployment System Is Failing Workers. Barney Oursler's Here to Help.

"I worked in one of those," he says. "I met people over the 1970s and 1980s whose lives depended on those workplaces and who assumed that that was going to be their life."
Beer
San Francisco
fromABC7 San Francisco
3 months ago

Shoppers finding final discounts as ghostly downtown SF mall clears out: 'It's depressing, it's sad'

San Francisco Centre has seen a dramatic decline in stores, leaving a sense of sadness among locals and shoppers as closures continue.
fromThe Atlantic
4 months ago

The Hungarian Model

Flashy hotels and upmarket restaurants now dominate the center of Budapest, a city once better known for its shabby facades. New monuments have sprung up in the center of town too.
Right-wing politics
fromwww.nytimes.com
4 months ago

China's Tax Revenue Declines as Its Leaders Brace for Trump's Tariffs

China's tax revenue is dropping, impacting government financing for economic challenges.
Startup companies
fromBusiness Matters
4 months ago

Number of registered UK companies shrinks for the first time since 2012

The UK company register declined for the first time since 2012, attributed to stricter policing and a worsened economic climate.
US Elections
fromFast Company
4 months ago

Tesla's post-election stock gains vanish as shares dip to their lowest level since Trump's victory

Tesla's stock has dropped significantly, erasing all post-election gains and resulting in CEO Elon Musk's net worth decline.
fromCbsnews
5 months ago

Maryland city offers remote workers $20,000 to relocate to once-booming manufacturing hub

Mayor Ray Morriss announced a $20,000 incentive for 10 remote workers to move to Cumberland, as part of efforts to rejuvenate the declining city.
Tech industry
US news
fromThe New Yorker
5 months ago

The Past and Future of U.S. Steel

Gary, Indiana, struggles with decline as U.S. Steel's fate dictates the city's future.
Bipartisan opposition to Nippon Steel's acquisition reflects national-security concerns.
Germany news
fromwww.dw.com
5 months ago

Germany's poorest city tries to counter rise of AfD DW 02/20/2025

Gelsenkirchen is Germany's poorest city, facing extreme economic challenges and a declining population due to historical industrial decline.
NYC real estate
fromNew York Post
10 months ago

Exclusive | Has NYC 'lost its fashion luster'? With future of NYFW under 'threat,' here's what to look forward to this week

New York Fashion Week faces challenges due to rising costs, declining local design schools, and increased competition, threatening its status as a fashion capital.
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