Billionaires’ Billions Are Increasing Faster Than Ever
Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled…
Christchurch businesses show resilience amid national gloom – 2degrees Shaping Business Study
Meanwhile, 49% of Christchurch businesses surveyed said they had introduced a new product or service in the last…
Why Japan’s Takaichi has stepped back from BOJ rate hike debate
Comment Prime minister faces pressure from markets, US on inflation and yen Comments from BOJ Gov. Kazuo Ueda…
U.S. existing-home sales rise 3.2% in May
Homebuilding Median existing-home price rose to $429,300 while total inventory reached 1.55 million units, a 4.5-month supply. By…
Consumer Price Index (CPI) for May 2026 is Projected to Rise 4.2% Year-Over-Year
The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of May…
Growth to slow and unemployment to jump to two…
The Confederation of British Industry has forecast weaker economic growth and a rise in unemployment (Aaron Chown/PA) –…
Russia’s Economy Is Ailing. Its Influence Campaign Isn’t.
Moscow, RUSSIAN FEDERATION: Russian President Vladimir Putin is seen on the TV screen as another TV sets are…
Russian Oil Firms Receive Nearly $10Bln in State Subsidies as Refinery Disruptions Mount
Russian oil companies received more than 716 billion rubles ($9.95 billion) in state support payments in April and…
Super Round drives $13m boost for Christchurch economy
“The sellout crowds, quality of rugby and atmosphere across the three days made Super Round a memorable occasion…
Are businesses trying to hide price rises?
Describing prices rises as a ‘change’ is probably driven by a fear of losing customers, say experts. Photo:…
Inside Economics: NZ house prices on track for longest downturn in modern history
The longest (in records dating back to 1962) was five years, peak to trough, between 1975 and 1980.…
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit Bharat
India’s headline GDP growth looks enviable on a global chart. But is it durable enough to actually make…