One chart shows the US is a rare major economy where wages have been outpacing inflation
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and ...
Walmart warns of a slower 2025. That’s a bad sign for America’s economy
Shoppers flooded to Walmart for groceries and clothing last year. But 2025 will be trickier for the retail giant as inflation ...
Trump orders use of CFIUS to restrict Chinese investments in strategic areas
President Donald Trump signed a memorandum on Friday that directs the Committee on Foreign Investment in the United States to ...
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US not to get assets ownership: Details of the deal with Ukraine
The United States will invest in Ukraine without taking ownership of its assets and without creating a new debt burden. This ...
Donald Trump’s decision to cut down the federal workforce could lead to an economic disaster in some parts of the country
In the month since Donald Trump took office, he has wasted no time taking drastic measures to reduce the size of the federal ...
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make ...
New US Asia pivot is better timed than the last
U.S. President Barack Obama announced America’s “pivot to Asia”– only for conflicts from Afghanistan to Ukraine to bog him ...
How Trump’s One-for-One Tariff Plan Threatens the Global Economy
In starting a process to impose reciprocal tariffs on American trading partners, the White House is sowing uncertainty and ...
How Canada Got Hooked on the U.S. Economy
When Mulroney and Reagan signed the deal, 75% of Canadian exports went south of the border. It is now 80%. That is not a huge ...
Cutting funding for science can have consequences for the economy, US technological competitiveness
The jury’s out on whether the US is still at the top of global science. Proposed cuts to major agencies could mean completely ...
Bank of Canada says trade war will hurt Canada more than the United States
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on ...