Economics
18 articles
Bank of Canada Holds Rates at 2.25% Amid CUSMA and Geopolitical Uncertainty
Governor Tiff Macklem maintains a steady hand as the economy misses growth targets but avoids a technical recession.
Energy Shock: Trump's Iran Conflict Pushes US Inflation to 3-Year Peak
A 23.5% surge in energy costs has wiped out recent wage gains, leaving American households squeezed as Middle East tensi...
Quit Intentions Surge to 2023 Peak — But Layoff Fears Also Rise, NY Fed Reports
Workers are more ready than ever to leave their jobs since February 2023, but they're also more scared of being laid off...
The Great Labor Disconnect: U.S. Job Growth Defies a Shrinking Workforce
As the civilian labor force contracts, a surge in private-sector hiring and manufacturing wages is creating a rare post-...
Tariffs Defy Conventional Wisdom as Manufacturing Productivity Surges
A surprise resurgence of manufacturing productivity challenges long-held economic assumptions, coinciding with an increa...
The 2032 Deadline: How a Social Security Funding Gap Could Slash Monthly Checks
A looming trust fund depletion threatens to cut retiree benefits by nearly a quarter, leaving millions of Americans faci...
The Hidden Debt Trap in Rachel Reeves' Infrastructure Strategy
As Chancellor Rachel Reeves weighs private investment to tackle the UK housing shortage, critics warn that reviving old ...
The AI Paradox: How a 67.4% Investment Spike Could Mask Economic Fragility
As AI-driven spending inflates US GDP, experts warn that the economy may be becoming dangerously dependent on a single t...
Canada’s 2026 Productivity Slump Mirrors 1973 Crisis
A fresh slowdown in labour productivity and rising deficits signal risks reminiscent of the 1970s.
France's Q1 GDP Slip Triggers Recession Fears Amid Middle East Conflict and US Tariffs
Revised data shows a 0.1% contraction in France’s Q1 GDP, sparking recession alarms as export losses and rising inflatio...
High Stakes in the Southwest: Trillion-Dollar Debt and Wildfire Alerts
As auto loan debt hits a staggering $1.7 trillion, residents in Arizona and New Mexico face a different kind of volatili...
Texas Dining Divide: Why El Paso Wins on Pizza While Houston Pays More for Wings
A new study reveals a massive price gap in Texas, where El Paso offers the nation's cheapest pizza but Houston ranks amo...
The 3.8% Inflation Spike: How Tariffs and Iran Conflict Are Squeezing American Savings
April inflation hit a three-year high as energy costs and trade policies drive personal savings to a two-year low.
The K-Shaped Divide: Why U.S. GDP Data Signals a Fragile Consumer Base
U.S. growth is cooling, and TD Securities' Gennadiy Goldberg warns that a widening gap between income brackets is maskin...
AI Bubbles and Trade Wars: Bank of Canada Warns of Rising Systemic Fragility
While the Canadian financial system is currently resilient, the central bank warns that a "cascading" series of shocks c...
Strait Closure Threatens UK Economy, Warns Chatham House Economist
Economist David Lubin says a prolonged Hormuz shutdown could push Labour into harsh fiscal cuts amid rising energy bills...
The 'Lost Generation' Warning: Alan Milburn's Alarm on UK Youth Unemployment
A former Labour minister warns that 1.25 million young people could become 'Neets' by 2030 without radical welfare and e...
Britain’s Looming 'Lost Generation': The 1.25 Million NEET Crisis
Former Labour minister Alan Milburn warns that UK youth unemployment is outpacing Mediterranean neighbors, threatening t...