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Latest US news, world news, sports, business, opinion, analysis and reviews from the Guardian, the world's leading liberal voice
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News
Australia’s drop in real wages is a disaster. But the profits of major corporations are doing just fine | Grogonomics
3+ week, 4+ day ago (638+ words) Wages are not growing out of control and the labour market is not ‘tight’ Excuse me while I sadly cross off another three months on my “waiting for a wages breakout” calendar. Before I get to the wages figures, may…...
Housing tax changes lead to a massive increase in stories about rents going up | Weekly Beast
3+ week, 2+ day ago (1268+ words) Some publications seized on modelling about returns to property investors, despite unequivocal denials they were forecasts of rent rises. Plus: what happened at the Ekka? Brace yourself, The Australian warned on Tuesday, citing a note from the National Australia Bank…...
We’re purchasing EVs instead of holidaying in Europe – and what else we learned from Australia’s national accounts
1+ week, 4+ day ago (760+ words) ABS’s snapshot of Australia’s accounts shows economic growth – albeit low – in the face ‘challenging international circumstances’ The Australian Bureau of Statistics released its latest set of national accounts, which give us a snapshot of how the economy is performing in…...
Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again | Greg Jericho
1+ week, 4+ day ago (886+ words) The story of the economy at the moment is one of give and take – and what’s good for investment is bad for trade When the Bureau of Statistics released the GDP figures on Wednesday, the June quarter 0.4% growth figure immediately…...
Rising inflation underlines scale of Andy Burnham’s cost of living challenge
3+ week, 4+ day ago (580+ words) PM’s plan to shield households from more pressure risks being overwhelmed by wider price rises UK inflation rises to 2.9% July’s increase in inflation, to 2.9%, is likely to be the first of several, underlining the challenge facing Andy Burnham in shielding…...
How environmental concern is changing the way young Australians think about money
2+ week, 5+ day ago (473+ words) most to you? Information about the industries a financial institution lends to, the activities it excludes...
Oil prices rise as US-Iran ceasefire ends; UK wage growth slows amid cost of living squeeze – business live
3+ week, 5+ day ago (460+ words) our rolling coverage of the global economy, the financial markets, the eurozone and business. Oil prices...
Australia’s housing prices are trending down. See which suburbs have had the biggest falls
1+ week, 2+ day ago (239+ words) Cotality says prices have declined in most capital cities over winter. Search the data to see how they have changed in your area Australia’s property market is facing a rare price correction, as rising interest rates and less favourable tax…...
Wiped out: US faces surging toilet paper prices amid trade war with Canada
2+ week, 4+ day ago (639+ words) Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products? We’d like to hear from you Using the bathroom or having a cry is about to become more expensive for…...
Bond sell-off intensifies around the world as oil prices rise above $91 a barrel, stoking inflation fears – business live
1+ week, 5+ day ago (645+ words) Renewed fighting in Middle East weighs on financial markets; Shein shares tumble after Hong Kong...sound of fashion,” said Leigh Gui, Shein’s chief financial officer, after a gong was struck to mark the...our rolling coverage of the global economy,…...