Three economists have won this year's Nobel prize in economics "for studies of how institutions are formed and affect prosperity".
Announcing the Sveriges Riksbank Prize in Economic Sciences Monday, the Royal Swedish Academy of Sciences said this year's laureates - Daron Acemoglu, Simon Johnson and James Robinson - have demonstrated the importance of societal institutions for a country's prosperity.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.