Fuel costs squeeze Japan’s struggling traditional public bath operators
Consumer Operations that have been in business for more than a century face new challenge This public bathhouse…
Southeast Asia’s second largest economy launches low-cost goods scheme to ease living expenses
Thai Prime Minister Anutin Charnvirakul announced the programme on May 1 at Bang Yai City Market in Nonthaburi…
Why the RBA is predicted to deliver a third straight interest rate hike this week | Interest rates
One economist is calling it the “Hormuz hike”. There’s a nearly 80% chance that the Reserve Bank will…
US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen…
Opec producers agree to raise output from June in first move since UAE exit
Seven Opec nations agreed on Sunday to raise collective production by 188,000 barrels per day in June, pressing…
America got rich and got sad. A top economist says 2020 broke something that hasn’t healed
For the past several years, Peltzman has been combing through the General Social Survey, a random-sample poll that…
A weak dollar can help but also harm
NEW YORK (AP) — A hidden force is quietly pushing up costs for everything from your summer vacation…
AI spending is keeping the US afloat, while the Iran war has prevented an economic recession
The only thing keeping the US economy from falling off a cliff is AI spending: Without it, the…
War’s top effect is price hikes
Nine weeks of war in the Middle East sufficed to lead to a significant revision of macroeconomic estimates,…
What oil crisis? China’s EVs are ready to dominate the 21st century
Beijing — A sleek SUV offers mechanical foot massages, a luxury minivan has rotating seats to help passengers hop…
Why old homes keep getting more expensive in Vietnam
In recent years, as I have watched real estate prices surge, I have noticed a paradox in Vietnam.…
Pakistan faces economic strain; oil surge drives inflation toward 11%
. Pakistan’s struggling economy is likely to remain under sustained pressure, with double-digit inflation expected to persist if…