Canada to Tighten Temporary Foreign-Worker Program as Unemployment Rises – WSJ
Canada plans to tighten rules on bringing in temporary foreign workers as it rolls back pandemic measures that were aimed at tackling a labor shortage...
Category : News En
How Digital Wallets Like Apple Pay and Google Pay Work – Bloomberg
In the US, paying at a physical cash register is increasingly a digital experience. A smartphone’s “wallet” can store copies of debit cards, credit cards,...
ECB chief economist cautions that inflation target is ‘not yet secure’ – The Financial Times
The European Central Bank’s chief economist has cautioned that the bank’s goal of getting inflation back to 2 per cent is “not yet secure” as...
Investors should avoid a new generation of rip-off ETFs – The Economist
John Bogle, founder of the Vanguard Group and pioneer of index funds, may have saved investors more money than anyone else in history. By some...
Inflation Usually Hits Harder for Poor Families. For a Couple of Years, It Didn’t – WSJ
Something unexpected happened during the burst of inflation that came on the heels of the pandemic: Poorer Americans experienced a bit less of it than...
Fed’s Powell Nods to Upcoming Strategy Review as Officials Prepare to Cut Interest Rates – Bloomberg
In Jackson Hole this weekend, Federal Reserve Chair Jerome Powell outlined two priorities for the months ahead: keeping the US economy afloat while also taking...
Central banks should raise the bar for intervention – The Financial Times
Few would begrudge the mildly celebratory tone in US Federal Reserve chair Jay Powell’s speech at Jackson Hole on Friday. Dire predictions that the Fed...
Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back – CNN
It’s been another rollercoaster of a year so far for the US housing market. Elevated mortgage rates and home prices have pushed prospective homebuyers to...
Is America already in recession? – The Economist
An early-warning system for recessions would be worth trillions of dollars. Governments could dole out stimulus at just the right time; investors could turn a...
Eurozone Wages Slow Sharply, Paving Way for ECB Rate Cut – WSJ
Wages in the eurozone rose at a significantly slower pace during the three months through June, paving the way for further cuts in borrowing costs...