US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
US Services Activity Expands at Fastest Pace in Eight Months
US services activity expanded in October at the fastest pace in eight months on a swift upturn in…
Zohran Mamdani Wins NYC Mayor Race: Will Albany Allow Higher Taxes, Free Buses?
During his campaign, New York City Mayor-elect Zohran Mamdani promised free childcare and buses, 200,000 new units of…
Supreme Court Confronts Trump’s Power to Disrupt Global Economy
President Donald Trump has worked fast in his second term, wielding unilateral power to reassert American dominance in…
China Services Gauge Expands But Growth Slows to Three-Month Low
China’s services activity expanded in October even though growth was the weakest in three months, a private survey…
New Zealand Jobless Rate Hits Nine-Year High Amid Weak Economy
New Zealand’s jobless rate rose to the highest in nine years in the third quarter as the weak…
Canada to Start $36 Billion Building Fund as Carney Seeks Economic Growth
Canada is set to launch a C$50 billion ($35.5 billion) infrastructure fund to build projects in sectors such…
Fed’s Cook Says Risk to Labor Market Outweighs Inflation Risk
Federal Reserve Governor Lisa Cook said she sees the risk of further labor-market weakness as greater than the…
Modi Tax Cut Fuels $68 Billion Festival Shopping Boom in India
India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long…
The U.S. debt is at a record $38 trillion. How will you be affected?
The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial…
Carney Says Canada Can’t Get China Tariffs Lifted Right Away
Canadian Prime Minister Mark Carney said immediate action to reduce Chinese tariffs on Canadian goods such as canola…
Taiwan Economy Rides AI Boom to Better-Than-Expected Growth
Taiwan’s economy soared past expectations to clock a second consecutive quarter of strong growth, as gains from the…