Chinese naval modernization may be aided by foreign firms, report saysChina's dominance in shipbuilding has escalated significantly, surpassing U.S. production since WWII, posing national security concerns.
Las Vegas Strip Fuels Success For Nevada Casinos In JanuaryNevada's casinos saw a revenue increase of 12.5% in January 2025, reaching $1.44 billion.
Bird flu infected California cows. Why didn't milk prices spike like egg costs did?Bird flu has significantly impacted egg prices, making them soar, but California milk prices remain stable despite dealing with similar outbreaks.
How much will turkey dinner cost this holiday season? We crunched the numbers | CBC NewsHoliday grocery prices show some relief as turkey becomes more affordable, despite increases in other staple costs.
Bird flu infected California cows. Why didn't milk prices spike like egg costs did?Bird flu has significantly impacted egg prices, making them soar, but California milk prices remain stable despite dealing with similar outbreaks.
How much will turkey dinner cost this holiday season? We crunched the numbers | CBC NewsHoliday grocery prices show some relief as turkey becomes more affordable, despite increases in other staple costs.
Fired Federal Workers Face a Sluggish Job MarketMass layoffs in the federal government could disrupt the calm labor market and challenge job seekers' prospects.Current unemployment is low, but layoffs could make finding work difficult for affected federal employees.
The Anthropic Economic IndexAI systems will significantly alter labor markets and productivity.The Anthropic Economic Index provides valuable insights on AI's integration into various occupations.AI's role is more about augmenting human work than outright replacement.
October jobs report adds to a U.S. economy full of uncertaintyThe October jobs report shows a stagnant job market with minimal growth ahead of the presidential election.
Fired Federal Workers Face a Sluggish Job MarketMass layoffs in the federal government could disrupt the calm labor market and challenge job seekers' prospects.Current unemployment is low, but layoffs could make finding work difficult for affected federal employees.
The Anthropic Economic IndexAI systems will significantly alter labor markets and productivity.The Anthropic Economic Index provides valuable insights on AI's integration into various occupations.AI's role is more about augmenting human work than outright replacement.
October jobs report adds to a U.S. economy full of uncertaintyThe October jobs report shows a stagnant job market with minimal growth ahead of the presidential election.
Sanders: 1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975$3.9 trillion was taken from the bottom 90% of Americans in 2023, highlighting grave wealth inequality.
Exclusive: Mary Meeker's serious warning for "USA Inc."The worsening fiscal health of the U.S. government threatens its ability to manage future economic and geopolitical challenges.
Scotland's public sector pay outpaces rest of UK, driving up wage billScottish public sector employees have received higher pay increases compared to the rest of the UK, impacting finances.
Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent PresidentsAmerica's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.
Trump's voter base relies on spending Musk's DOGE might cutThe new administration must address fiscal challenges linked to federal transfer payments that heavily support Trump-voting counties.
Exclusive: Mary Meeker's serious warning for "USA Inc."The worsening fiscal health of the U.S. government threatens its ability to manage future economic and geopolitical challenges.
Scotland's public sector pay outpaces rest of UK, driving up wage billScottish public sector employees have received higher pay increases compared to the rest of the UK, impacting finances.
Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent PresidentsAmerica's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.
Trump's voter base relies on spending Musk's DOGE might cutThe new administration must address fiscal challenges linked to federal transfer payments that heavily support Trump-voting counties.
California is 3rd-craziest housing market in the nationCalifornia's housing market is highly volatile, ranking third in price fluctuations among states with significant historical variations in property prices.
10 affordable cities poised to become million-dollar markets in a decadeHome prices in certain markets are projected to rise significantly, with modest areas near expensive metros likely to reach million-dollar valuations.
Value of government dataThe private sector heavily depends on government data for business decision-making.
A 'bifurcated economy' is keeping some car buyers out of the marketThe automotive industry is struggling with affordability issues that impact 10-20% of car shoppers.
Feeling the squeeze: NAR settlement terms trigger commission compressionDiscounting by agents threatens long-term sustainability amid thin profit margins.Brokerages face serious risks if commission rates continue to decline.Only a small percentage of brokerages are profitable with healthy margins.
How much the average house seller made last year compared to when they boughtThe average house in 2024 sold for a 42% profit, marking the lowest return since 2015.
California is 3rd-craziest housing market in the nationCalifornia's housing market is highly volatile, ranking third in price fluctuations among states with significant historical variations in property prices.
10 affordable cities poised to become million-dollar markets in a decadeHome prices in certain markets are projected to rise significantly, with modest areas near expensive metros likely to reach million-dollar valuations.
Value of government dataThe private sector heavily depends on government data for business decision-making.
A 'bifurcated economy' is keeping some car buyers out of the marketThe automotive industry is struggling with affordability issues that impact 10-20% of car shoppers.
Feeling the squeeze: NAR settlement terms trigger commission compressionDiscounting by agents threatens long-term sustainability amid thin profit margins.Brokerages face serious risks if commission rates continue to decline.Only a small percentage of brokerages are profitable with healthy margins.
How much the average house seller made last year compared to when they boughtThe average house in 2024 sold for a 42% profit, marking the lowest return since 2015.
The 10 Most Expensive Cities in the U.S.The most expensive U.S. cities are defined by high housing costs relative to local wages.
California has 15 of 25 priciest places to live in USCalifornia has 15 out of the 25 most expensive metropolitan areas in the U.S., largely due to housing costs.San Francisco is the most expensive metro area, with housing expenses dominating the high cost of living.
Here Are the Cities Where Your Paycheck Goes the Farthest | EntrepreneurSan Francisco has the highest cost of living, greatly reducing purchasing power compared to other U.S. cities.
The 15 most and least expensive cities in the USCalifornia dominates expensive metropolitan areas in 2023, with ten of the fifteen most costly based on regional price parity data.
NYC Has The 5th Biggest Inflation Problem In The U.S.New York has the fifth highest inflation in the U.S. as of August 2024, trailing cities like Minneapolis and Chicago.
The UK's priciest pints revealed, as London suffers over 40% price hike in just three years - London Business News | Londonlovesbusiness.comLondon has the UK's highest pint prices, significantly impacting cost of living for residents and visitors.
The 10 Most Expensive Cities in the U.S.The most expensive U.S. cities are defined by high housing costs relative to local wages.
California has 15 of 25 priciest places to live in USCalifornia has 15 out of the 25 most expensive metropolitan areas in the U.S., largely due to housing costs.San Francisco is the most expensive metro area, with housing expenses dominating the high cost of living.
Here Are the Cities Where Your Paycheck Goes the Farthest | EntrepreneurSan Francisco has the highest cost of living, greatly reducing purchasing power compared to other U.S. cities.
The 15 most and least expensive cities in the USCalifornia dominates expensive metropolitan areas in 2023, with ten of the fifteen most costly based on regional price parity data.
NYC Has The 5th Biggest Inflation Problem In The U.S.New York has the fifth highest inflation in the U.S. as of August 2024, trailing cities like Minneapolis and Chicago.
The UK's priciest pints revealed, as London suffers over 40% price hike in just three years - London Business News | Londonlovesbusiness.comLondon has the UK's highest pint prices, significantly impacting cost of living for residents and visitors.
Here's why you should move to MassachusettsMassachusetts isn't experiencing a pronounced population exodus, with some growth occurring despite headlines focusing on outmigration.
Top 15 States With the Fastest-Growing PopulationsU.S. population growth is driven by immigration, with Washington, DC, Florida, and Texas seeing the highest increases.
Here's why you should move to MassachusettsMassachusetts isn't experiencing a pronounced population exodus, with some growth occurring despite headlines focusing on outmigration.
Top 15 States With the Fastest-Growing PopulationsU.S. population growth is driven by immigration, with Washington, DC, Florida, and Texas seeing the highest increases.
Bank of England governor's stark warning: UK economy is 'quite static' - London Business News | Londonlovesbusiness.comUK economy remains static despite recent better growth figures, according to Bank of England governor Andrew Bailey.
The basics of post-COVID monetary policy, explained by an economistEconomists are increasingly divided on the global economic outlook amid rising inflation and interest rates.
What Did Trump's Tax Cuts Do?The effectiveness of the 2017 tax overhaul remains unclear due to economic disturbances caused by the pandemic and inflation.
Mortgage rates move lower, but homebuyers face other obstacles30-year mortgage rates drop to 7.07%, but inflation remains a concern for the Fed.Rate cuts are unlikely until May/June due to persistent inflation trends.
'Positive surprise': Germany narrowly avoids recession despite slumpGermany experienced unexpected slight economic growth of 0.2% in Q3, bolstered by government and household spending despite previous contraction.
Why Inflation Is No Longer a Concern: EY Chief Economist | EntrepreneurCPI rose by 0.4% in December, but inflation is not the main concern—consumer spending is.
Bank of England governor's stark warning: UK economy is 'quite static' - London Business News | Londonlovesbusiness.comUK economy remains static despite recent better growth figures, according to Bank of England governor Andrew Bailey.
The basics of post-COVID monetary policy, explained by an economistEconomists are increasingly divided on the global economic outlook amid rising inflation and interest rates.
What Did Trump's Tax Cuts Do?The effectiveness of the 2017 tax overhaul remains unclear due to economic disturbances caused by the pandemic and inflation.
Mortgage rates move lower, but homebuyers face other obstacles30-year mortgage rates drop to 7.07%, but inflation remains a concern for the Fed.Rate cuts are unlikely until May/June due to persistent inflation trends.
'Positive surprise': Germany narrowly avoids recession despite slumpGermany experienced unexpected slight economic growth of 0.2% in Q3, bolstered by government and household spending despite previous contraction.
Why Inflation Is No Longer a Concern: EY Chief Economist | EntrepreneurCPI rose by 0.4% in December, but inflation is not the main concern—consumer spending is.
Here's a look at the history of the penny and why it could be going awayThe cost of producing certain coins exceeds their face value, raising questions about their practicality.
How much is the NHS going to cost us?UK health spending has increased significantly, now at 8.1% of GDP, with future rise expected due to aging population and treatment demands.
Media Slant: Slant Contagion and Polarization | HackerNoonMedia slant from cable news significantly impacts local newspaper biases, reinforcing polarization among audiences.
Trump Is Deleting the Data That Keeps This Country RunningThe monthly jobs report significantly influences global markets and relies on crucial government data that is currently inaccessible.
Donald Trump Can Bring the End of Vladimir Putin's RuleTrump has potential leverage to influence the Russia-Ukraine conflict through strategic economic pressure.
Trump Is Deleting the Data That Keeps This Country RunningThe monthly jobs report significantly influences global markets and relies on crucial government data that is currently inaccessible.
Donald Trump Can Bring the End of Vladimir Putin's RuleTrump has potential leverage to influence the Russia-Ukraine conflict through strategic economic pressure.
Old Method, New Applications in Damages CalculationsStructural demand estimation aids in meeting legal standards for calculating patent damages through counterfactual analysis.
Five key impacts of Brexit five years onBrexit has negatively impacted UK goods trade and small firms due to new non-tariff barriers despite avoiding tariffs.
Oregon needs to build 29,500 more homes each year, chief economist saysOregon must build 29,500 homes annually to alleviate housing shortage.
Benefits of welfare outweigh the cost, Labour warned ahead of cutsQuality journalism should be accessible to everyone, without paywalls, and requires public support.Government cuts to disability benefits may hurt economic value and accessibility for those in need.
These Cities Have Bigger Economies Than Entire US StatesAmerican cities are crucial economic drivers, accounting for 90% of the U.S. GDP.
Can You Get Rich Using a Raspberry Pi to Mine Cryptocurrency?Raspberry Pi mining yields negligible profit and is economically unfeasible due to electricity costs far exceeding earnings.
UK economy sliding back into recession - London Business News | Londonlovesbusiness.comUK economy grew by only 0.1% in November, weaker than expected, indicating potential recession risks.
3 Standout Dividend Stars to Recession-Proof Your PortfolioThe stock market is high but recession risks are increasing due to inflation and slowing global economies.It's advised to consider dividend stocks for portfolio protection against potential downturns.
UK economy sliding back into recession - London Business News | Londonlovesbusiness.comUK economy grew by only 0.1% in November, weaker than expected, indicating potential recession risks.
3 Standout Dividend Stars to Recession-Proof Your PortfolioThe stock market is high but recession risks are increasing due to inflation and slowing global economies.It's advised to consider dividend stocks for portfolio protection against potential downturns.
Labour used water industry analysis to argue against nationalisationLabour's opposition to water sector nationalisation is rooted in an economically flawed analysis funded by water companies, according to critics.
UK inflation falls to 2.5% in DecemberUK inflation slightly decreased in December, influenced by falling hotel and tobacco prices.
Labour used water industry analysis to argue against nationalisationLabour's opposition to water sector nationalisation is rooted in an economically flawed analysis funded by water companies, according to critics.
UK inflation falls to 2.5% in DecemberUK inflation slightly decreased in December, influenced by falling hotel and tobacco prices.
First-time buyers forced to borrow an extra 24,000 as house prices soarRising property prices significantly outpace income growth, creating affordability challenges for first-time buyers in Ireland.
Mortgage Rates Rise to 6.79% in the Wake of Trump's Presidential VictoryMortgage rates increased to 6.79% after the election, influenced by economic indicators and potential fiscal policy changes.
The housing market's home insurance shock, as told by an interactive mapHome insurance premiums in the U.S. have risen sharply, particularly in disaster-prone areas, driven by high reinsurance costs and increasing housing expenses.
A triple threat stalks the housing market as rates, costs, and election anxiety collideThe housing market remains stagnant despite falling mortgage rates, influenced by high home prices and economic uncertainty.
Bay Area has 3 of the most expensive US cities for renting a homeCalifornia continues to dominate the list of highest rental costs in the U.S., with San Francisco leading at over $5,400 monthly.
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, CEO saysA 40-year mortgage could improve home affordability by allowing lower monthly payments, catering to modern life expectancy and economic conditions.
First-time buyers forced to borrow an extra 24,000 as house prices soarRising property prices significantly outpace income growth, creating affordability challenges for first-time buyers in Ireland.
Mortgage Rates Rise to 6.79% in the Wake of Trump's Presidential VictoryMortgage rates increased to 6.79% after the election, influenced by economic indicators and potential fiscal policy changes.
The housing market's home insurance shock, as told by an interactive mapHome insurance premiums in the U.S. have risen sharply, particularly in disaster-prone areas, driven by high reinsurance costs and increasing housing expenses.
A triple threat stalks the housing market as rates, costs, and election anxiety collideThe housing market remains stagnant despite falling mortgage rates, influenced by high home prices and economic uncertainty.
Bay Area has 3 of the most expensive US cities for renting a homeCalifornia continues to dominate the list of highest rental costs in the U.S., with San Francisco leading at over $5,400 monthly.
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, CEO saysA 40-year mortgage could improve home affordability by allowing lower monthly payments, catering to modern life expectancy and economic conditions.
This Is the State Where Americans Pay the Most Taxes, And It's Not California or New YorkState and local tax burdens vary significantly across the U.S., influenced by local policies and economic conditions.
Trump is Not Wrong!' Morning Joe's Highlights Damning Chart of Immigration Spike Over Last Four Years Under BidenRattner's analysis revealed troubling data about Biden's border policy, contradicting his overall positive portrayal of the administration.
Gavin Newsom says the Biden-Harris years have meant huge job increases. Is he right?Job creation under Biden significantly outpaces the last three Republican administrations combined, according to data.
Trump is Not Wrong!' Morning Joe's Highlights Damning Chart of Immigration Spike Over Last Four Years Under BidenRattner's analysis revealed troubling data about Biden's border policy, contradicting his overall positive portrayal of the administration.
Gavin Newsom says the Biden-Harris years have meant huge job increases. Is he right?Job creation under Biden significantly outpaces the last three Republican administrations combined, according to data.
Pay gulf widens between public and private sectors under StarmerPublic sector workers earn 6% more than private sector workers, with rising pay settlements widening the gap significantly.The pay disparity is raising concerns about inflation and public spending priorities.
Market To Rise 18% In 2025 According To BrokerThe S&P 500 has risen significantly this year, but concerns about overvaluation and corrections loom.
VC funding surpasses $2 trillion in just five years - London Business News | Londonlovesbusiness.comGlobal VC funding hit over $2 trillion in five years, despite slowing activity.The U.S. dominates VC investment, securing over half of total funding.
Mystery surge in California tax revenue points to tech companies like NvidiaCalifornia's corporate tax revenue surged due to new tax rule changes, leading to significant estimated payments from a few large companies.
VC funding surpasses $2 trillion in just five years - London Business News | Londonlovesbusiness.comGlobal VC funding hit over $2 trillion in five years, despite slowing activity.The U.S. dominates VC investment, securing over half of total funding.
Mystery surge in California tax revenue points to tech companies like NvidiaCalifornia's corporate tax revenue surged due to new tax rule changes, leading to significant estimated payments from a few large companies.
OPINION: 50 years of French state over-spending won't be solved in one BudgetThe 2025 French budget aims to reduce the deficit but may not deliver clear austerity as advertised.
Reeves's business inheritance tax shake-up 'will cost exchequer 1bn more than it raises' warn economistsChancellor Rachel Reeves's inheritance tax changes may cost the Exchequer £1bn more than estimated, threatening family businesses and overall economic growth.
OPINION: 50 years of French state over-spending won't be solved in one BudgetThe 2025 French budget aims to reduce the deficit but may not deliver clear austerity as advertised.
Reeves's business inheritance tax shake-up 'will cost exchequer 1bn more than it raises' warn economistsChancellor Rachel Reeves's inheritance tax changes may cost the Exchequer £1bn more than estimated, threatening family businesses and overall economic growth.
UK workforce set to hit record low as sickness surge takes toll on jobs marketBritain's workforce participation is projected to decline to a record low due to an ageing population and increasing health issues.
Is the S.F. Bay Area full of people making millions? This data shows a dramatic trendThe Bay Area outpaces all U.S. regions in high-paying jobs, offering many more positions exceeding $500,000, $1 million, and $2 million annually.
The most common jobs for US men and women without college degreesYoung US workers without degrees tend to fill roles in customer service and construction, with enrollment rates for college declining in recent years.
California's unemployment numbers are in. How do they rank nationally?California's unemployment rate increased to 5.4%, the second highest in the nation, with job losses observed in multiple sectors.
The most common jobs for US men and women without college degreesYoung US workers without degrees tend to fill roles in customer service and construction, with enrollment rates for college declining in recent years.
California's unemployment numbers are in. How do they rank nationally?California's unemployment rate increased to 5.4%, the second highest in the nation, with job losses observed in multiple sectors.
U.S. Military Spending Has Increased Tenfold Over the Last 50 YearsU.S. military spending grew significantly from 1973 to 2022, but inflation-adjusted figures reveal a more moderated increase.
Are you considered middle class in California? Use this income calculator to find outOver half of U.S. adults belong to middle-income households, but the definition of 'middle class' varies by location and size.
Thanksgiving meals are 7% cheaper outside of CaliforniaCalifornia has the highest Thanksgiving food costs in the US, averaging $138.95, which is 7% higher than the national average.
Are you considered middle class in California? Use this income calculator to find outOver half of U.S. adults belong to middle-income households, but the definition of 'middle class' varies by location and size.
Thanksgiving meals are 7% cheaper outside of CaliforniaCalifornia has the highest Thanksgiving food costs in the US, averaging $138.95, which is 7% higher than the national average.
Four tech companies just saved California from a budget crisisCalifornia's budget forecast improves significantly due to the tech industry's strong stock market performance.
More people are dropping out of the creator economy as those at the top get a bigger share of brand dealsThe creator economy is increasingly dominated by top earners, leaving most struggling to make a sustainable income.
Average UK house price hits record high in OctoberAverage UK house prices reached a record high in October, reflecting persistent growth despite economic challenges.
Warning over unsettling' pension trend which could wipe out savingsPensioners are increasingly withdrawing large sums from their pensions, risking running out of funds in retirement.
The Business of Themed Entertainment: A Look at the Financial SideThemed entertainment relies on capital investment and innovation while balancing operational costs and consumer experience for profitability.
Winter fuel cut savings will be far less than Reeves expected, new analysis findsRachel Reeves' cut to pensioner winter fuel payments may yield significantly lower savings due to rising claims for pension credit.Projected savings from cuts to winter fuel payments are undermined by increased pension credit claims, challenging the fiscal strategy.
Rachel Reeves accepts budget tax rises may impact wage increases UK politics liveThe IMF supports the UK budget's plan for fiscal responsibility, emphasizing sustainable revenue generation.
Winter fuel cut savings will be far less than Reeves expected, new analysis findsRachel Reeves' cut to pensioner winter fuel payments may yield significantly lower savings due to rising claims for pension credit.Projected savings from cuts to winter fuel payments are undermined by increased pension credit claims, challenging the fiscal strategy.
Rachel Reeves accepts budget tax rises may impact wage increases UK politics liveThe IMF supports the UK budget's plan for fiscal responsibility, emphasizing sustainable revenue generation.
How the World Ran Out of Everything - 99% InvisibleThe pandemic exposed vulnerabilities in the global supply chain due to decades of corporate negligence and inadequate regulation.
'Over 300,000' Danes could lose homes or jobs to flooding by 2100The risk of flooding in three coastal towns could impact over 5,000 homes and cost over 8.6 billion kroner without investment in storm defenses.
Millennials 'scarred from the Great Recession and COVID' are financially outperforming Gen Xers and boomers at the same ageMillennials are financially better off than Gen X and boomers, with higher net worth and asset ownership due to lessons learned from past economic challenges.
You can see the money on screen': why Hollywood is betting on Gladiator II not being another Folie a DeuxGladiator II's significant production investment is backed by predictive analysis, aiming for commercial success.
22 cities where homebuyers and owners will benefit most as interest rates tumbleHome affordability has improved due to declining mortgage rates, encouraging both buyers and owners to reengage with the market.
JPMorgan economist says China's housing market crash is still not over yetChina's housing market remains weak with low growth and declining prices, unlikely to stabilize until 2025.
6 global cities most at risk of being in a real-estate bubble, according to UBSBubble risks in global real estate have declined, with only six cities now at elevated or high risk, down from sixteen last year.
The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates DropFalling mortgage rates are expected to improve home affordability significantly in certain metro areas, with Lakeland, FL gaining the most.
Opinion: The myth of financing buyer agent commissionsProposed changes to allow financing of buyer-agent commissions complicate the housing affordability issue rather than solving it.
JPMorgan economist says China's housing market crash is still not over yetChina's housing market remains weak with low growth and declining prices, unlikely to stabilize until 2025.
6 global cities most at risk of being in a real-estate bubble, according to UBSBubble risks in global real estate have declined, with only six cities now at elevated or high risk, down from sixteen last year.
The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates DropFalling mortgage rates are expected to improve home affordability significantly in certain metro areas, with Lakeland, FL gaining the most.
Opinion: The myth of financing buyer agent commissionsProposed changes to allow financing of buyer-agent commissions complicate the housing affordability issue rather than solving it.
Google expert at antitrust trial says government underestimates competition for online ad dollarsGoogle's market share is only 10% of online display advertising, undermining claims of a monopoly.The competition in online advertising includes platforms like Facebook, TikTok, and Amazon.
London, Paris, Amsterdam are the leading VC ecosystems in Europe, report findsEurope's VC ecosystems lag behind US and Asia, with London and Berlin as the only leaders in development.London shines with a $99.7 billion deal value, yet challenges remain in keeping pace with global giants.
Household Income in This State Rose 17% Last YearSouth Dakota experienced a remarkable 17% increase in median household income, attributed primarily to agricultural success, despite varying economic factors.
California apartment permits dip to 12-year low but new home construction risesIn the first half of 2024, homebuilders thrive while apartment construction declines, reflecting contrasting trends in California's housing market.