The affordability crisis is real and tariffs caused it

Gene Sperling, Tribune News Service President Donald Trump traveled to Pennsylvania last week to double down on his economic messages: The affordability concerns of Americans are a Democratic “hoax”...

UK inflation plunges to 3.2% in November, beating forecasts

British inflation fell much more sharply than forecast in November to 3.2%, its lowest since March, from 3.6% in October, official data showed on Wednesday, cementing market expectations that...

Great Gift

Affordability

Can you blame young people like me for fleeing Britain?

Katie Strick, The Independent A funny thing happens when you leave the UK. You pack your life into a suitcase, feeling like you’re doing something brave and intrepid. You...

Why we’re mired in an 'affordability crisis'

Federal Reserve Chairman Jerome Powell famously described the high inflation that had just started dragging down US consumers in July 2021 as “transitory.” His word choice suggested that elevated...

Thanksgiving dinner

Japan’s economy contracts for the first time in six quarters

Japan's economy shrank 1.8 per cent in the three months through September, as a drop in exports in the face of US tariffs resulted in the first contraction in...

South Africa cuts inflation target to 3 per cent, first change in 25 years

South Africa’s Finance Minister Enoch Godongwana lowered the country’s inflation target to 3% on Wednesday, the first adjustment to the target in 25 years. The new target will have...

Japan's rice prices on rise again in test for Takaichi

At a farmer's market not far from Tokyo, more than 100 shoppers queued for a chance to get a kilo or so of Japanese rice for 500 yen ($3.32)...