Americans are spending more than ever on manicures and doggy daycare
Consumers have plenty of cash to pay for all kinds of services, but rising prices are feeding into sticky inflation. […]
Finance
Heard on the Street: Investors with a stomach for political risk can get 30% off the price of U.S. homes right now
A bill that would limit the activities of big housing investors has turned Wall Street landlords into a value play.
Polish Inflation Holding Near Target Despite Iran War, Gov. Glapinski Says
EXCLUSIVE: As investors jettisoned expectations for rate cuts in Europe following the outbreak of war in Iran, the National Bank
Japan Companies Signal Biggest Wage Hike in 35 Years
Preliminary data from the nation’s largest labor union group showed that 1,100 members secured wage increases of 5.26% on average
Kevin Warsh promised to overhaul the Federal Reserve and cut rates. He is being greeted by rising inflation, an oil shock and a confirmation in limbo.
Kevin Warsh promised to overhaul the central bank and cut rates. He is being greeted by rising inflation, an oil
Small truck drivers in the U.S. are feeling some of the first economic effects of the rapid surge in the cost of diesel, and a broader economic impact could hit soon
Small truck drivers in the U.S. are feeling some of the first economic effects of the rapid surge in the
South Korean President Lee Jae Myung has nominated Shin Hyun-song, a senior Bank for International Settlements official, as the country’s next central bank governor
Shin Hyun-song will replace departing Bank of Korea Governor Rhee Chang-yong, whose four-year term ends next month. Source link
More would-be home sellers are renting out their houses and condos, unwilling to cut prices in a sluggish housing market
About 2.2% of rental listings on Zillow in November had previously been listed for sale, according to a Zillow analysis,
Heard on the Street: An aging population can continue to fuel hiring in healthcare even if the rest of the economy wobbles
An aging population can continue to fuel hiring in healthcare even if the rest of the economy wobbles. Source link
Young people, who are just starting their careers, are trying to figure out which professions will insulate them from AI’s impact—or what jobs will benefit from it
They’ve got their whole careers ahead of them, and they’re navigating a technology with a still-uncertain impact. Source link