Economic Impact
Search documents
X @Bloomberg
Bloomberg· 2025-09-14 15:12
Trade & Tariff Impact - US import tariffs have been in place for almost a month, shifting the focus from uncertainty to the actual cost [1] - The pain of paying the tariffs is now being felt [1]
X @Bloomberg
Bloomberg· 2025-09-04 20:20
Economic Impact - The Ryder Cup is expected to generate approximately $200 million in economic impact in New York [1] Event Details - The Ryder Cup is a week-long golf event taking place at the end of the month [1]
Haines: Markets take a wait and see approach on tariffs
CNBC Television· 2025-09-02 11:38
Tariffs and Trade Policy Impact - The market adopts a "wait and see" attitude regarding tariff decisions, anticipating months of observation [2] - Elimination of tariffs is expected to have a significant positive impact on the economy [3] - Initial fears regarding the negative impact of tariffs have not fully materialized [4] - The administration has calibrated its tariff response, adjusting initial announcements [5] - Markets anticipate a resolution to trade disputes somewhere between a "taco trade" (Trump backs down) and a "Waco trade" (the world backs down) [8] Economic Soft War and National Security - Markets are not fully internalizing the threat of a "soft war" [9] - National security is increasingly intertwined with economic security [10] - The US economic program aims to strengthen the economy to withstand potential destabilization efforts [10][11] - An economic soft war is ongoing and expected to continue, presenting opportunities for markets if understood [11] Market Misinterpretations - People tend to overemphasize the Trump administration's business practices [7] - Virtue signaling can hinder understanding of future actions [7]
The cost of ignoring women's health | Sheena Franklin | TEDxMiami
TEDx Talks· 2025-08-19 16:03
Economic Impact of Neglecting Women's Health - The global economy loses over $1 trillion annually due to lost productivity, absenteeism, and healthcare costs related to women's health [7] - US employers lose over $225 billion annually in healthcare costs, significantly driven by delayed diagnoses and lower quality of care for women [7] - Pharmaceutical companies miss out on billions by having only 4% of their pipelines focused on female-only conditions [8] - Consumer health and technology companies lose hundreds of millions by developing solutions based on male-centric data [9] Systemic Issues in Women's Healthcare - Women's health is often an afterthought, a blind spot ingrained in how healthcare views women [5] - Over 80% of autoimmune disease patients are women, yet nearly all research (92%) is conducted on men [3] - Delays in diagnosing and treating women's health issues lead to significant economic and personal costs [2][3][7] - Traditional tests often overlook biomarkers and hormone fluctuations relevant to women's health [11] Opportunities in Women's Health (Femtech) - Reframing the conversation around women's health presents a significant economic and healthcare opportunity, potentially beyond a $500 billion market [6][10] - Femtech companies are creating innovative solutions designed around the entire life cycle and experiences of women [15] - AI and precision medicine can be used to improve drug development and predict sex-specific drug responses [12] Actions for Improvement - Challenge outdated narratives, question dismissive care, and refuse to downplay symptoms [18] - Policymakers, healthcare leaders, and technologists should ensure comprehensive policies and evaluate product development pipelines [19] - Physicians should advocate for more comprehensive medical training and question outdated diagnostic criteria [19]
A Silent Dream of a Better Life | Kaitlyn Reyes Bustamonte | TEDxKids@ElCajon
TEDx Talks· 2025-08-18 16:54
Economic Impact of Mass Deportation - Mass deportation negatively impacts industries relying on immigrant labor and could cost up to $280 billion over the next decade [4] - Many Latinos contribute to the economy by working in farming, cleaning, maintenance, construction, and food-related occupations [3] - The deportation affects industries that rely on these people [4] Social and Ethical Concerns - Mass deportation is not just a political issue but impacts the lives of everyday people, families, and communities [13] - Immigrants in the US commit fewer crimes compared to US citizens [3] - The majority of deportations target the Latino community, many of whom have lived in the US for years and contributed to the economy and society [2] Personal Impact - Children of immigrants experience fear and emotional distress due to the threat of deportation [9][10][11] - Mass deportation separates families and disrupts communities [10][12] - Immigrants seek to provide for their families and build a better life through hard work [8]
X @Investopedia
Investopedia· 2025-08-05 15:00
A recent study showed that by 2034, the annual economic impact of cuts to Medicaid are estimated to result in more than 400,000 jobs lost and $183 billion in reduced economic output. https://t.co/ZPgFhFPA8o ...
Trump’s trade war has only just begun to hit Americans’ wallets, says economist
MSNBC· 2025-08-01 11:37
Trade Policy & Tariffs - President Trump signed an executive order announcing new tariffs ranging from 10% to 41%, scheduled to take effect on August 7th [1] - Canada was hit with a 35% tariff on imports [2] - Talks with China continue with an August 12th deadline approaching, and a 90-day extension was announced for Mexico [1] - The market is experiencing uncertainty around tariff rates, impacting business investment and hiring decisions [17][20][21] Economic Impact - GDP growth was trending north of 2% before Trump took office and the trade war, but is now around 1% for the first half of the year [9] - The economy is showing signs of slower growth and higher prices, potentially leading to stagflation [10] - Tariffs are being passed through to consumer prices, affecting furniture, toys, apparel, and electronics [14] - Businesses are sitting on their hands in terms of investment and hiring due to uncertainty [20][21] Political Considerations - There is a perception that the economy is doing well, partly because earlier predictions of economic collapse due to tariffs did not materialize [5] - Democrats should focus on how tariffs contradict Trump's promise to lower costs [6] - The chaotic trade war is not resolved and further negotiations are expected [22]
World Cup Heads to North America – Toronto's Big Economic Bet
Bloomberg Television· 2025-07-27 14:07
Financial Overview - FIFA anticipates approximately $11 billion in revenue from the 2026 World Cup, primarily through broadcast deals, ticket packages, and sponsorships [1][14] - Toronto's budget for hosting the World Cup is $380 million, funded by federal, provincial, and city governments [3] - Toronto expects $686 million in positive economic output from hosting the World Cup [19] - Canada anticipates a $2 billion increase to its GDP and $38 billion to $4 billion in positive economic output due to the World Cup [21] Infrastructure and Stadium Upgrades - FIFA requires a stadium capacity of at least 45,500; BMO Field in Toronto will be upgraded from 30,000 seats [5] - Toronto is building temporary seating for 17,000 (10,000 on the north end and 7,000 on the south end) at BMO Field, including permanent hospitality suites [6] FIFA's Requirements and Impact - FIFA requires host countries to provide tax exemptions, security, public transport, and infrastructure support [8] - FIFA takes over external advertising spaces, renaming venues like BMO Field to Toronto Stadium [8] - FIFA reinvests approximately 90% of its revenue into soccer development worldwide [18] Economic Concerns and Benefits - There are concerns that World Cup tourists may displace regular tourists, potentially harming long-term tourism revenue [23][24] - FIFA's tax exemption requirements for fan fests and ticket sales could lead to revenue loss for host cities [25][26][27] - The Canadian federal government is investing $220 million between Toronto and Vancouver to ensure the games are world class [20]
Rainbow Mountain: Death in Peru’s TikTok Hotspot
Bloomberg Originals· 2025-07-17 16:01
Have you ever heard of the Rainbow Mountain of Peru. Chances are you've seen beautiful photos like this, like this, or like this on social media. We did see it.The Rainbow Mountain has become one of the world's top tourism destinations, becoming a viral sensation only in the past decade. At a time when Instagram filled a craze for picture perfect sites, almost overnight, millions of dollars poured into a poor corner of Peru, where the local indigenous community reinvented themselves as the administrators of ...
FIFA's Club World Cup previews U.S. readiness to host 2026 World Cup
NBC News· 2025-07-11 04:00
Soccer's Growing Popularity in the US - Soccer enthusiasm is rising, with current crowds resembling those seen in the 90s, but now with a more diverse audience including young Americans [4] - FIFA reports over 2 million in attendance across stadiums through the semi-final games [5] - The current high-profile undertaking serves as a dress rehearsal for the upcoming World Cup in the US [3] Economic Impact of World Cup - The World Trade Organization estimates a $47 billion economic impact on US GDP from the combined tournaments [10] - The tournaments are projected to create hundreds of thousands of jobs [10] - A significant portion of the economic impact will come from international travelers and diaspora communities within the US [10][11] Challenges and Solutions - Excessive summer heat has posed challenges, leading to incidents like fans requiring medical attention [5] - FIFA is addressing heat concerns by implementing cooling breaks, increased pitch watering, cooling stations, and shaded areas [7] - Dynamic pricing systems have resulted in significant ticket cost fluctuations, with prices dropping from $473 to around $13 for a semi-final game [5]