One chart shows the US is a rare major economy where wages have been outpacing inflation
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and ...
Trump orders use of CFIUS to restrict Chinese investments in strategic areas
President Donald Trump signed a memorandum on Friday that directs the Committee on Foreign Investment in the United States to ...
Treasury's Bessent, China's He trade economic complaints in call
U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, telling Beijing ...
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make ...
How Canada Got Hooked on the U.S. Economy
When Mulroney and Reagan signed the deal, 75% of Canadian exports went south of the border. It is now 80%. That is not a huge ...
Vance says US has economic and military ‘tools of leverage’ if Russia doesn’t push for peace with Ukraine, WSJ reports
Vice President JD Vance warned on Thursday that the United States could send troops to Ukraine and hit Russia with further ...
Cutting funding for science can have consequences for the economy and US technological competitiveness
America has already lost its global competitive edge in science, and funding cuts proposed in early 2025 may further a ...
Bank of Canada says trade war will hurt Canada more than the United States
The Bank of Canada’s governing council members think Canada’s economy will be hurt more by a protracted trade war than that of the United States, according to minutes released by the central bank on ...
Zelenskiy: Ukraine, US working on economic deal to ensure it works
In Washington, U.S. President Donald Trump said negotiators were close to clinching an accord. Zelenskiy rejected an initial ...