Perceptions of extreme inequality undermine peoples’ belief that the economy is working for them. This, in turn, dampens their aspirations to improve their economic lot.
Take your cuppa elsewhere.
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The economy is expected to grow and there are other positive signs ahead but the mid-year economic update has revealed the government will need to keep inflation in check.
The Mid-Year Economic and Fiscal Outlook (MYEFO) shows the federal budget is headed for a small $1.1 billion deficit this financial year, according to the update.
The real heroes of the holidays.
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Lila Rabinovich, USC Dornsife College of Letters, Arts and Sciences
Only a small fraction of women have received any financial education at all.
A wildfire during hot, dry conditions in August 2023 destroyed Lahaina, Hawaii, and devastated Maui’s tourism industry – the heart of its economy.
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Fed Chair Jerome Powell bristles at talk of managing climate change, but the damage it is doing the US economy is hard to ignore, as the latest National Climate Assessment shows.
Shoppers are looking for value this holiday season.
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Scholars writing for The Conversation take a deeper look at some of the issues expected to be on the agenda when the leaders of the world’s two biggest economies meet.