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Why over two‑thirds of Americans say their country is in decline

Inflation is causing real economic pain. Worries about healthcare costs have jumped sharply. And 7 in 10 Americans believe the country is in decline. That is the landscape for the 2026 midterm election, according to a new survey from the American Communities Project at Michigan State University, which I direct. The findings, which follow up previous data work the American Communities Project has done in 2023, 2024 and 2025, come from a survey of 2,155 American adults over two weeks in September 2026, conducted by the survey research firm SSRS, using an online panel and telephone, with a margin of error of +/- 2.4 percentage points. The American Communities Project studies 15 types of communities. Taken as a whole, the national numbers reveal an electorate that is unsettled, gloomy and likely looking for change. Cost of living is a unifying concern for all Americans. For the past four…

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Southern California homebuying crashes to 2nd slowest pace on record

Southern California homes are so unaffordable that sales activity crashed to a pace even slower than the real estate-wrecking Great Recession. The homebuying data firm Attom just revised its sales statistics dating back to 2005, using new methods to sort out what, from public records, is a true home sale. These totals include closed transactions for houses and condos, both existing and newly built. My trusty spreadsheet analyzed the newly retooled Southern California numbers through July 2026. Sales are still scraping the bottom, and the few buyers who close are paying near-record-high prices. So, how sluggish are sales across the six counties, based on closed transactions in the 12 months ended in July? – 33% slower than the average homebuying pace seen since 2005. – It’s the second-slowest pace in that period. The slowest was May 2026. – Almost as stunningly: July was 3% slower than…

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Canada-EU Summit set to launch additional talks on a deeper partnership

Posted October 28, 2026 11:48 am. OTTAWA — A stronger alliance between Canada and the European Union would only include a financial commitment if either side joins specific programs in either jurisdiction, a senior government official says. Canadian officials briefing reporters today said the government would only be tied to a financial commitment if it joins a program like Erasmus+, the EU’s student exchange program. The officials told today’s technical briefing that the Canada-EU Summit in Montreal on Thursday and Friday will focus on deepening ties in areas like business, technology, defence, critical minerals and energy. Some European nations have rejected European Commission President Ursula von der Leyen’s characterization of the arrangement as “associate membership.” European officials repeatedly used the phrase “alliance for the future” to describe the partnership in a media…

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Workers are getting a shrinking slice of America’s economic pie

People walk through Grand Central Terminal on February 19, 2026, in New York City. (CNN) — The US economy continues to grow at a relatively healthy pace, but American workers aren’t fully reaping the financial rewards. In fact, American workers’ piece of the economic pie is shrinking. By one official measure, their slice is the smallest in almost 80 years. The labor share of income, which is the amount of economic output paid to workers as compensation, fell to 52.8% earlier this year, Bureau of Labor Statistics data shows. That’s the lowest-ever level, according to BLS records that go back to 1947. “It’s really telling you that workers have less and less power in this technology age and certainly in the AI age,” said Heather Long, chief economist at Navy Federal Credit Union. “The rewards, the financial gains, are mainly going to shareholders, to the owners of the capital and less and…

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Hong Kong Fintech Week

Taking place each year in Hong Kong and Shenzhen, Hong Kong Fintech Week is an annual cross-boundary fintech event and one of the largest conferences on the calendar. Each year, the event attracts more than 30,000 senior…

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