Employment Declined in 19 U.S. States in AugustEconomy

Employment Declined in 19 U.S. States in August

Employment in 19 states and the District of Columbia slowed in August in an uneven recovery. The majority of other…

U.S. Retail Sales Jumped as Purchases Picked Up in AugustEconomy

U.S. Retail Sales Jumped as Purchases Picked Up in August

U.S. retail sales unexpectedly jumped in August as purchases picked up. This shows that consumer demand for merchandise is resilient.…

Inflation in Canada Reaches 18-year-highEconomy

Inflation in Canada Reaches 18-year-high

Broad upward price pressures drove Canada’s annual inflation rate to speed up. Data on Wednesday showed it accelerated to an…

U.S. Poverty Rate Rose From a 60-Year Low amid CovidEconomy

U.S. Poverty Rate Rose From a 60-Year Low amid Covid

The U.S. Census Bureau released its annual data showing median, inflation-adjusted household income decreased 2.9% in 2020 to $67,500. For…

Germany’s Scholz, Laschet, and Baerbock Debate on TVEconomy

Germany’s Scholz, Laschet, and Baerbock Debate on TV

  In Germany, the three candidates vying to succeed Chancellor Angela Merkel after the Sept 26 elections debated on TV…

China Delivery, Ride-hailing Firms to Take Care of WorkersEconomy

China Delivery, Ride-hailing Firms to Take Care of Workers

Government officials in China on Friday urged leading delivery and ride-hailing companies in the country to better protect their workers.…

Mexico and U.S. Agree to Work on Making Shared Supply ChainsEconomy

Mexico and U.S. Agree to Work on Making Shared Supply Chains

The United States and Mexico agreed to work on supply chains for semiconductors on Thursday.  After high-level economic talks in…

Canada Opposition Leader Seeks to Oust TrudeauEconomy

Canada Opposition Leader Seeks to Oust Trudeau

Canada’s Prime Minister Justin Trudeau called the Sept. 20 election with a strong lead in opinion polls. But public opinion…

Shortages in Germany Slow Recovery; Factory Output ReboundsEconomy

Shortages in Germany Slow Recovery; Factory Output Rebounds

The ZEW economic research institute said its survey of investors’ economic sentiment fell from 40.4 points to 26.5 in August.…

EU Banks still Use Tax Havens to Book ProfitsEconomy

EU Banks still Use Tax Havens to Book Profits

European banks continue to use tax havens even with several scandals revealing the dubious practices multinationals use to avoid taxes.…