Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
AI Disruption Eliminates Thousands of Jobs in Kenyan Essay-Writing Industry
The collapse of a Nairobi-based outsourcing sector, which employed an estimated 40,000 people, highlights early economic impacts of generative AI on service sectors reliant on manual content creation.
Carney Says Canada Relied Too Heavily on Easy U.S. Economic Ties
The Canadian Prime Minister’s comments coincide with the implementation of retaliatory tariffs on American goods, marking a shift in cross-border trade strategy.
Jaguar Land Rover to Cut 4,000 Jobs to Reduce Costs and Compete With China
The UK's largest automaker targets £1.7 billion in savings over two years while investing in electrification to counter Chinese EV competition and US tariffs.
Jamaica Petitions King Charles to Refer Slave Trade Legal Questions to Privy Council
The first Commonwealth attempt of its kind asks the Judicial Committee to rule on whether Britain’s historical enslavement violated common and international law.
U.S. Tourism Groups Seek Canadian Visitors Amid Trade Tensions
Canadian overnight visits to the U.S. remain below 2024 levels as tariff disputes and political friction dampen travel demand despite new promotional campaigns.
Opinion: Comparing National Debt to Total Wealth Suggests Alternative Fiscal Path
A new analysis argues that measuring debt against national assets rather than annual income reveals capacity for spending without austerity or middle-class tax hikes.
DOJ Ordered to Freeze Antitrust Work With Canada as Trade Tensions Intensify
The directive halts cooperation on cases and policy engagement between the two countries' antitrust authorities amid escalating tariff disputes.
Ken Paxton's Financial Disclosures Appear to Violate Federal Ethics Law, Experts Say
ProPublica and Texas Tribune investigation found the Senate candidate failed to report rental income, underreported land value by up to $950,000, and omitted seven properties worth $5.2 million.
Fetterman Stood Up Disabled Veterans; Scoffed at Children's Hospital's Concerns: Report
The Wall Street Journal reports the Pennsylvania Democrat allegedly faked an illness to cancel a meeting with three disabled veterans nearly a year after dismissing funding concerns for a children's hospital.
Surprisingly Strong US Jobs Figures Fuel Rate Rise Bets
August payroll growth exceeded forecasts by 45,000, sending Treasury yields higher as investors price in potential Federal Reserve action.