Browsing: Economy

Last month’s heat wave in the U.K. not only broke Junetemperature records but may have cost the country more than £1 billion ($1.33 billion) in lost economic output. That’s according to a new analysis by the Grantham Research Institute on Climate Change and the Environment and the Euro-Mediterranean Center on Climate Change (CMCC)

The real change is in the new minister for the economy, Kaoru Yosano, a former conservative minister. He supports increasing consumer tax to cover the fiscal budget for 2011. Since 2000, spending on social welfare and healthcare has grown by 60% in Japan due to an aging population. A push for the TTP, a free…

The United States added nearly 3.5 million new businesses in the first half of 2026, breaking previous expectations, according to a new report. Registered Agents Inc., a business formation service provider, released its June 2026 business report. It found that the U.S. added 3,493,381 businesses in the first six months of 2026, despite economic pressures…

The World Cup — yes, including beer sales — helped to boost consumer spending and expand economic activity this summer, according to the Federal Reserve’s latest check-in on the local economy, though signs of stress are apparent among low- and moderate-income households

Traditional indicators describe a Minnesota labor market that’s continuing to cool relative to the hot conditions of 2022 and 2023. Similarly, some statistics tracking household financial stress have worsened in recent years. Community contacts paint a starker picture. What can data points like these tell us about the experiences of low-income households in today’s economy?