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 ...
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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 ...
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 ...
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 ...
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 ...
Treasury's Bessent, China's He trade economic complaints in call
U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, telling Beijing ...
Cutting funding for science can have consequences for the economy and US technological competitiveness
America has already lost its global competitive edge in science, and funding cuts proposed in early 2025 may further a ...