The national debt’s 20-year deadline and baby boomers’ spending problem
Top economist Kent Smetters thinks the U.S. is on a 20‑year clock—and the tilt of the federal budget…
Energy security fears drive global surge in orders for Chinese storage firms
The lingering energy shock is driving overseas orders for China’s energy storage companies, with more than 25 gigawatt-hours…
Iran Closes Strait of Hormuz Again: Are Fed Rate Hikes Back on the Table?
Last week’s truce between the U.S. and Iran briefly gave investors something they haven’t had much of lately:…
GT Voice: China’s consumption prospects won’t be obscured by rhetoric
Illustration: Xia Qing/GT With Chinese consumer confidence gradually recovering, South Korean fashion companies with significant exposure to the…
Single Canadians pay more for groceries than shared households: Interac survey
Many single Canadians are feeling the pinch of higher food prices as they foot grocery bills single-handedly, according…
Soaring Household Debt Is a Warning to the US Economy: SocGen
America’s swelling debt pile bodes ill for the the US economy, Société Générale said. In a recent note…
Condemned to plutocracy? The relentless rise of US inequality | US income inequality
As Barack Obama’s presidency was coming to a close, Jason Furman, then chairman of the president’s council of…
‘Running off the cliff’: An explosion of household debt has put the US economy in a tough spot
Americans’ swelling household debt is a warning, SocGen says.The bank said US consumers are borrowing more but saving…
OPEC sees no end to growing global oil demand
Open this photo in gallery: A barrel with the OPEC logo at the COP29 conference in Baku, Azerbaijan,…
Inflation Calculator Retooled | Blacklock’s Reporter
Statistics Canada yesterday revised its benchmark inflation calculator to more accurately account for rising costs of auto insurance…
Gov’t wary of chip boom liquidity spilling into housing market
A visitor looks out over apartment complexes from Mount Nam in Seoul, May 8. Yonhap Policymakers are growing…
India to have 26,000 high net-worth families by 2030, says report
MUMBAI: India’s family office ecosystem has grown to more than 300 entities managing over $30 billion in assets,…