The first U.S. jobs report of 2022 showed continued – if lackluster – growth. But perhaps of greater significance for the economic year ahead are two factors that lurked behind the headline unemployment rate: a stagnating labor […]
The U.S. economy ended 2021 with a lot of uncertainty. Inflation surged to levels not seen since the 1980s – seriously eroding consumer purchasing power – while the highly contagious omicron variant forced many Americans to hunker down as […]
Small business is “the engine room of Australia,” the “backbone of our economy,” the “hope of the side”. They are the words used by the then treasurer and now prime minister Scott Morrison to justify […]
Cryptocurrencies have had an exceptional year, reaching a combined value of more than US$3 trillion (£2.2 trillion) for the first time in November. The market seems to have benefited from the public having time on their hands […]
The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will […]
The past two years were a busy time for real estate professionals. While commercial buildings like office towers, shopping malls and hotels stood empty for months in a row as a result of the COVID-19 […]
The Research Brief is a short take about interesting academic work. The big idea Stock investors mistakenly remember their past investments as better than they actually were, which leads them to be overconfident about how they’ll perform […]
Last week, Christie’s sold a digital collage of images called “Everydays: The First 5000 Days” for US$69.3 million dollars. This week, Elon Musk said he’s selling a tweet of his as an NFT, which contains a […]
Law-abiding taxpayers look on with disappointment and disdain as details about the illicit financial arrangements of the ultra-wealthy surface — again. The latest leak of nearly 12 million offshore financial records — the so-called Pandora Papers — […]
Restaurant operators across Canada are struggling to find enough staff to run their operations. This labour crisis has been highly publicized by Canadian media as a “labour shortage.” A recent survey by Restaurants Canada found that 80 per […]
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