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Economy Sluggish But Tech and Jobs Hold | Global News
- Published
- July 11, 2026
- Duration
- 1:56
- Summary source
- description
- Last updated
- Jul 12, 2026
Discusses ai, daily.
Summary
The global economy’s growth has slowed to just 3%, hit by the Iran war’s energy shock—but tech’s AI boom is helping cushion the blow. The U.S. economy’s forecast jumped to 2.3%, while housing prices hit a record $446,000, making homeownership harder. The Fed’s inflation outlook is split: some see rates falling, others think they’ll rise. Oil demand is fal…
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Show notes
The global economy’s growth has slowed to just 3%, hit by the Iran war’s energy shock—but tech’s AI boom is helping cushion the blow. The U.S. economy’s forecast jumped to 2.3%, while housing prices hit a record $446,000, making homeownership harder. The Fed’s inflation outlook is split: some see rates falling, others think they’ll rise. Oil demand is falling for the first time since 2020, hurting Asia, yet U.S. gas use rose despite higher prices. Jobs remain steady, with unemployment claims dow
Themes
- ai
- daily