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Midterms 2026: America’s rich close their wallets as the elections loom
Three straight months of falling luxury card spending, stubborn inflation and a hawkish Fed suggest the affluent shoppers are finally...
US import prices jump 8.1% as Iran war fuels inflation ahead of midterms
The latest figures follow increases in consumer and producer prices, strengthening concerns that inflation is spreading beyond energy...
US Midterms 2026: Luxury spending slows ahead of November elections, Citi data shows
The Citi data backs surveys from the Conference Board and the University of Michigan that showed growing unease about the...
US Midterms: Frustrated voters, Trump’s low interest rate push and Fed’s stoic stance
The Republican heads into the upcoming midterms amid an elevated interest rate and most importantly, voters angry with high gasoline...
AI could force 11 million US workers into new careers by 2035, says McKinsey report
Automation may eliminate demand for 36 million jobs, but AI and economic growth could create 41 million positions over the...
Global debt tops USD 365 trillion after USD 10 trillion surge in H1 2026
Borrowing is accelerating as higher bond yields, fiscal deficits and refinancing needs threaten to turn mounting debt into a self-reinforcing...

