Economy

Declines in health and education in poor countries ‘harming earning potential’

World Bank says children born today could earn 51% more over lifetime if their country’s human capital improved

Realtors report a 'new housing crisis' as January home sales tank more than 8%

Home sales in January fell more than expected as mortgage rates didn't move much and consumer confidence dropped.

'Not blind optimism': why Coach’s designer is not giving up on sustainable fashion

Stuart Vevers wants the luxury brand to keep championing upcycled materials and reduce landfill waste

We can move beyond the capitalist model and save the climate – here are the first three steps

Capitalism cares about our species’ prospects as much as a wolf cares about a lamb’s. But democratise our economy and a better world is within our grasp

Tech IPO Hype Gets Drowned Out on Wall Street by Prospect of $1 Trillion in Debt Sales

SpaceX's potential IPO has generated plenty of investor buzz, but all of the real action in tech capital markets is currently on the debt side.

What Harvard’s Raj Chetty overlooks about upward mobility

The Harvard economist Raj Chetty, justly famous for his studies of the factors that enable upward mobility in America, is back with a new analysis that has attracted wide attention. Thanks to access to the individual tax records of a million former public housing residents whom his Opportunity Insights team tracked, he determined that a move from “the projects” to a new, mixed-income community led to long-term economic gains for children.

Is the Trump economic boom here?

Wednesday’s stronger-than-expected jobs report could be a sign of the economic renaissance President Donald Trump promised, possibly in time to save Republican congressional majorities in November.

Restaurant Brands shares fall despite earnings beat, strong international growth

Outside of the U.S. and Canada, Restaurant Brands' same-store sales climbed 6.1%.

Singapore launches AI support measures, tax breaks in 2026 Budget

Support measures and tax breaks were announced for firms using AI to transform their businesses.

America’s affordability crisis is a housing shortage

Family formation has cratered in the last fifteen years in the United States, with the fertility rate hitting a record low of just 1.6 babies per woman. One big reason young people are hesitant to get married and have a family is that soaring housing costs have made having and raising children much more expensive. In fact, one new study finds that “51% of the total fertility rate decline between the 2000s and 2010s” can be attributed to the increased cost of housing.

January jobs report shows Trump economy stronger than advertised

The Bureau of Labor Statistics January jobs report blew out consensus expectations, reporting a net 130,000 jobs were created last month, more than double the 55,000 predicted by most “experts.” Unemployment also edged down to 4.3% and wages grew 3.7%, outpacing inflation. While the top-line monthly numbers were impressive, the even more pleasing real story can be found in the report’s annual benchmark numbers, which show that in President Donald Trump’s economy, people are winning and government bureaucrats are losing.

Mercedes hit by $1.2 billion in tariff costs as full-year earnings more than halve

German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead.