Even the strongest pillar of the Chinese economy is showing signs of weakness
China’s strong export growth is facing headwinds due to slowing global demand. China’s economy hasn’t been doing great for…
Russia is reportedly making it more painful for businesses to leave by forcing big discounts and raising exit taxes
Businesses trying to leave Russia are facing painful costs in the form of taxes and forced discounts, people familiar…
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
It’s tempting to think the Federal Reserve’s fight against inflation is over, given the central bank’s recent rate cuts…
Goldman Sachs raises China growth outlook on optimism over Beijing’s fresh push to revive struggling economy
Skyscrapers in Beijing. China may not fall too short of its growth targets this year after all, Goldman Sachs…
3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality
Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science. Three economists based at US universities…
Generation Snack AttackWhy Gen Z is splurging on premium groceries more than any other generation
Jade Lily wanted to show off her grocery haul. In a recent video, the 26-year-old TikToker held up item…
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Beijing is under fresh pressure to stimulate the economy after prices stagnated in September. Chinese officials are under mounting…
A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations
Buck and Gracie Close examine their family’s records with genealogist Core Lyles at the White Homestead in Fort Mill,…
An artist used his $500 monthly basic income to build his hip hop career: ‘It’s not feasible to create art in a place of distress.’
Tarli, 36, is a participant in Minnesota’s guaranteed basic income program for artists. Tarli has been making music for…
Feeling the pinch, groceries become a ‘splurge’ for millennials and Gen Z
Younger generations are spending more on groceries than before. Splurging once meant spending money on buzzy restaurants, expensive vacations,…