Labor share of income hits record low as corporate profits soar
Workers at the Stellantis Warren Truck Assembly Plant in suburban Detroit Workers’ share of US economic output has…
Inflation fight again putting central bank independence under strain, policymakers say
By Balazs Koranyi DUBROVNIK, Croatia, May 30 (Reuters) – Central bank independence is again coming under pressure as…
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BOJ will probably raise rates in June, former board member says
The Bank of Japan will probably raise its benchmark rate next month at a meeting that will determine…
Fed’s Daly says she doesn’t see mass unemployment or displacement from AI
I don’t see mass unemployment or displacement from AIBarriers to getting sustained productivity growth from AI are largely…
How the ‘double scar’ of past inflation, geopolitical shocks is hitting consumers
A “double scar” of past inflation woes and geopolitical trauma is warping how consumers view the economy and…
How Morocco became strategic hub in China’s race to dominate green economy
The Washington-based think tank said the partnership has taken on greater strategic importance as ongoing conflict in…
China boosts consumption with longer, realigned holidays but growing crowds daunt tourists
Two cities in southeastern China’s Fujian province, Fuzhou and Xiamen, have decided to introduce three-day spring and autumn…
‘That’s why we work in finance – so one day we can afford air-con’: Britain’s unequal heatwave | London
Travelling from his air-conditioned flat to the air-conditioned Elizabeth line to his air-conditioned office, 27-year-old banker Aykhan found…
High interest rates stifling growth, warn industry leaders – Business
KARACHI: Industry leaders warn that further tightening of monetary policy may significantly reduce private-sector economic participation, as high…
5 world market themes for the week ahead
Stop-start efforts by Tehran and Washington to extend their ceasefire and reopen the Strait of Hormuz dominate the…
Hong Kong overtakes Switzerland as world's top cross-border wealth hub – news.cgtn.com
Hong Kong overtakes Switzerland as world’s top cross-border wealth hub news.cgtn.comHong Kong becomes world’s largest offshore wealth center irishsun.comHong Kong…