Trump’s ‘A+++++’ economy collides with reality in a Pennsylvania city
ALLENTOWN, Pa. (AP) — When Idalia Bisbal moved to this Pennsylvania city synonymous with America’s working class, she…
Australia’s economic momentum builds despite inflation jitters
With 2025 drawing to a close, there is a range of unexpectedly favourable news on the economy. It…
Tokyo inflation beats forecast, keeping BOJ on rate hike path
Tokyo’s inflation held steady in November and industrial output unexpectedly rose, keeping the Bank of Japan on track…
Wage growth remains steady at 3.4 per cent, just ahead of inflation
Australian Bureau of Statistics (ABS) figures show workers received an average base pay increase of 3.4 per cent over…
Japan’s economy contracts as US tariffs hit its exports
TOKYO (AP) — Japan’s economy contracted at a 1.8% annual pace in July-September as President Donald Trump’s tariffs…
Japan’s economy contracts as exports get hit by US tariffs
TOKYO — Japan’s economy sank at an annualized rate of 1.8% in the July-September period, government data showed…
K-shaped economy math shows why Trump’s base feels betrayed
Days before President Donald Trump was sworn in for his second term, he acknowledged the high prices Americans…
Japan plans bigger extra budget this fiscal year, reports say
Prime Minister Sanae Takaichi’s government is mulling an extra budget for the current fiscal year which will be…
Economist who popularized ‘K-shaped economy’ says this one wealth gap indicator is being overlooked
Peter Atwater, adjunct professor of economics at William & Mary and president of Financial Insyghts, knows a thing…
The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years
WASHINGTON (AP) — In another grim sign for the U.S. labor market, jobless claim applications jumped to their…
Japan private-sector pay hits record in 2024
The average salary for private-sector workers in Japan reached a record high of ¥4.78 million in 2024, up…
World shares mostly rise as a cut to US interest rates next week looks more certain
MANILA, Philippines (AP) — World shares mostly rose on Friday, tracking Wall Street’s record-setting run the previous day…