Economy
Fears of stagflation hitting the US economy are rising.The dire economic scenario, in which inflation rises while economic growth deteriorates and unemployment surges, would be a flashback to the 1970s for America. That time period proved to be a brutal lost decade for the US stock market.But Sonu Varghese, global…
China’s economy is showing signs of recovery, with better-than-expected data in January and February.Although economic activity remained soft, many indicators appear to have stopped deteriorating, per Goldman Sachs.China’s economy is dogged by a property crisis, deflation, and challenges in the employment landscape.China’s economy and markets have been battered over the…
Content creators are hiring for a number of jobs on their teams and production staff.The creator economy’s growth has increased demand for roles like video editors and scriptwriters.YTJobs saw a 33% rise in job opportunities in Q4, with average pay for video editors up by 18%.Maybe your dream of becoming…
Wages in the US are beating those in other rich democracies.Adjusting for inflation, Canada and the US are the only G7 countries where paychecks have increased since 2019.Inflation has slowed a lot since its high in 2022, with price increases driven mostly by housing and gas.The United States is leading…
New Zealand is relaxing its “golden visa” rules in an effort to lure investors, its government said on Sunday.The visa is set to become “simpler and more flexible,” Immigration Minister Erica Stanford said.New Zealand’s economy has struggled in recent years, with a recession and rising unemployment in 2024.New Zealand’s government…
Russia is using non-sanctioned vessels and rerouting others to keep exporting oil, per maritime data.Western countries have imposed sanctions on Russia’s “shadow fleet” to try to reduce its oil revenues.Russia is now risking sanctions on more ships, economists and energy experts told Business Insider.Russia is increasingly relying on non-sanctioned vessels…