Japan’s nominal wages top 3% again in longest streak since 1992
Japanese wages climbed again in May, comfortably outpacing inflation and reinforcing the Bank of Japan’s stance toward raising…
How to solve the Neet crisis
Photo by Christopher Furlong/Getty Images The Neet crisis has been widely discussed, and with good reason. More than…
Why is consumer sentiment disconnected from consumer spending?
Economists — and “Marketplace” listeners — know that consumer spending drives around two-thirds of the economy. And historically,…
Why China took over Zhongbang Bank – and what it says about hidden financial stress
Years of aggressive expansion and flawed corporate governance have laid bare fresh vulnerabilities in China’s banking system, prompting…
‘People who make money are being driven out’: Jake and Spike sound off on Seattle’s nation-leading office vacancy rate
Seattle has the highest office vacancy rate in the country at 37%, according to The Seattle Times. Meanwhile,…
Billionaire Mark Cuban recently advocated for $20 federal minimum wage and dismissed trickle-down economics in a post on X. – Yahoo Finance
Billionaire Mark Cuban recently advocated for $20 federal minimum wage and dismissed trickle-down economics in a post on…
San Diego’s cross-border economy faces uncertainty after Trump declines to renew USMCA trade deal
President Donald Trump signed the U.S.-Mexico-Canada Agreement in 2018 and later called it “the best and most important…
Half a million Russians go bankrupt as Putin risks banking crisis
An improvised memorial for fallen fighters of Wagner private military company in central Moscow, which has become a…
Indonesia: Deficit raises external risk questions – Societe Generale
Societe Generale’s Kunal Kundu analyzes Indonesia’s May 2026 trade data, highlighting the first deficit since the pandemic and…
My Take on the Zero-Sum New-Vehicle Market in the US: Decades of Stagnation & Decline Interrupted by Steep Plunges
But not all automakers are losers in this tough market. By Wolf Richter for WOLF STREET. Sales of new light vehicles…
South Africa’s richest city wins Moody’s confidence despite growing debt burden
The ratings agency affirmed Johannesburg’s long-term issuer rating at Ba3 while revising its outlook to positive, ending…
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
The Bank of Israel on Monday decided to lower interest rates, following the US deal with Iran, eased…