Latest from Economy

In US capital, tariffs bite into restaurant profits
Economists are monitoring to see if tariffs feed more broadly into inflation.

Trump faces the biggest test yet of his second-term political power
New York Times: Fear of losing their seats helps keep Republican lawmakers in line.

Planned for years, 25% owner sells out of Queenstown's Lakeview Taumata
'Troubled, controversial, deathly quiet': Crux on site of $2b mixed-use Queenstown scheme.

Senate passes Trump’s massive tax bill, sending it to House for final passage
VP JD Vance cast the deciding vote after a six-hour deliberation.

Japan's H2A rocket retires after 50 launches, faces commercial hurdles
It launched more than 70 satellites, mainly for Japan’s Government.

House-building trend still soft as annual consents fall
May's annual consent total is the second-lowest for any month since the end of 2018.

Willis says NZ 'impacted' by Trump's tariffs as Kiwis struggle with bills
The Finance Minister acknowledged it had been a 'tough time' for many New Zealanders.

'Least upbeat': Construction sector struggles as demand weakens
But the retail sector is optimistic, with 40% expecting better conditions soon.

Data show more Kiwis struggling to pay bills, behind on mortgage payments
Those most affected by financial hardship are aged between 35 and 49.

Senate rushes to pass Trump’s tax bill, as cost tops $5 trillion
The legislation would cause the national debt to soar even more than previous estimates.

Liam Dann: Never mind the swear words, our politicians need to raise the quality of debate
OPINION: Blaming the Government for high butter prices makes no sense.

Inside the new luxury eatery blending Central Otago's history and cuisine
Fine dining restaurant is a nod to gold mining history and Chinese immigrants of the area.

Fran O'Sullivan: Luxon shines on global stage but has work to do at home
Luxon's international meetings included French President Macron and EU President von der Leyen.

NZ is in economic purgatory, and indicators are flashing red
OPINION: 'Are we there yet?' the kids ask. 'Nearly there,' Dad replies.

Consumer confidence rises as lower mortgage rates boost optimism
A fifth of Kiwis expect to be better off this time next year, up by eight points.

Opinion: We must balance our cruise tourism economy with biosecurity
Nearly 90% of exotic marine species arrived on international vessels.

Inside Economics: Why do we need more migrants when 200,000 people are on the dole?
ANALYSIS: We already know what happens to NZ's economy when the borders are closed.

Iran-Israel ceasefire met with scepticism as life resumes in Tehran
The capital city is quieter as residents cautiously welcome the ceasefire.

'Vital' search and rescue teams get $77m funding boost
Land Search and Rescue will receive $30.1 million to support volunteer operations.

Fletcher Building flags massive $575m to $781m hit to 2025's result
'Significant items are chunky' said one institutional investor of today's announcement.

‘The better life is out of reach’: The Chinese dream is slipping away
New York Times: China’s economic slowdown is making social mobility a fading dream.