China acknowledges ‘temperature gap’ between tech boom and traditional slump
A top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s…
What Is A K-Shaped Economy And How It Can Affect Your Financial Future
Man with laptop checks bills and calculates expenses while sitting at table. In a K-shaped economy, people in…
Inflation swallows wage growth and American workers take a huge pay cut. Safeguard your nest egg today
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Gap between high-income households’ wage growth and everyone else is at its widest since 2015
After-tax wage growth is accelerating faster among higher-income households as lower- and middle-income households trail behind, a new…
Wage growth, not one-off handouts, key to tackling cost pressures: PM Wong
SINGAPORE – Singapore’s total social spending has increased in Budget 2026 to provide more help for Singaporeans, said…
US labor cost growth moderates in third quarter amid easing labor market conditions
By Lucia Mutikani WASHINGTON, Dec 10 (Reuters) – U.S. labor costs increased slightly less than expected in the…
US Card Spending Rises Most Since Early 2024, BofA Data Show
US credit and debit-card spending climbed in October from a year earlier by the most since early 2024,…
Fed’s Daly Says Need to Avoid Mistake of Holding Rates Too Long
Federal Reserve Bank of San Francisco President Mary Daly said the US economy is probably suffering a downturn…
Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers
Two monthly jobs reports have fallen victim to the longest US government shutdown and a key inflation snapshot…
Canada Jobs Report October 2025: Employment Rises, Unemployment Rate Falls
The Canadian economy added 66,600 jobs in October, marking a second consecutive month of surprise employment gains as…
Canada to Poach H-1B Visa Holders, International Researchers
The Canadian government is set to launch special initiatives to attract top international researchers and H-1B visa holders,…
Canadian job market defies forecasts with strong full-time gains in September
Manufacturing alone added 28,000 jobs, marking its first increase since January and reversing a trend of losses earlier…