Australia ranks third-highest for median wealth globally, UBS data shows
A rising number of everyday Australians have a seven-figure net worth, according to a global report from Swiss…
Warsh drops inflation bombshell that could reset interest-rate bets
From Main Street to Wall Street, households and businesses had been grappling with higher prices in goods and…
US job growth likely cooled in June after recent string of big gains – Reuters
US job growth likely cooled in June after recent string of big gains ReutersIs the labor market turning a…
Chips over subs: Why Sanae Takaichi’s India visit is about economics first
India and Japan will cement economic security, semiconductors, alternate supply chains rather than peg the close partnership around…
US consumers push to ban dynamic pricing as record profits, thin options fuel outrage
Consumers have noticed that basic services feel more expensive — and less respectful — than ever. That frustration…
How July CPI Data Could Make or Break Your 2027 Social Security Raise
For seniors on Social Security, one of the most important announcements each year comes in October. That’s when…
Treasury Yields Retreat After Warsh Comments on Effects of AI Spending
Treasury yields have pared overnight gains after Fed Chairman Kevin Warsh suggested that business investment in artificial intelligence…
After South Korea was forced to accept the largest IMF bailout in history in 1997, more than three and a half million ordinary citizens donated their wedding rings, family heirlooms, and Olympic gold medals to help repay the country’s debt — collecting 227 tons of gold in four months
Three and a half million Koreans lined up outside their banks in January 1998 to hand over their…
WEEKLY WEBCAST: Update On The ‘G-Shaped’ Versus ‘K-Shaped’ Economy Debate
Consumer spending has been remarkably resilient, growing for the past two years faster than consumers’ disposable incomes have…
IMF cuts Israel growth forecast, says war left economy 9% below track
In its annual review of the Israeli economy, the IMF said GDP remains about 9% below the trajectory…
The Japanese yen is at a 40-year low. Here’s why that matters
The Japanese yen has dropped to a 40-year low against the US dollar, putting investors on watch for…
What fewer working teenagers could mean for the future workforce
This is a pretty tough summer for young job-seekers. Outplacement firm Challenger Gray & Christmas predicts this will…