How soaring inflation can be particularly harmful for young people

Inflation rates have become almost impossible to ignore. In the U.K., inflation has soared in recent months, now reaching 9%—the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for ...

COVID-19 and the purchasing managers' index

The COVID-19 pandemic not only had tragic consequences for the health of humanity but had massive socioeconomic effects. Indeed, at the time of writing, we are still seeing record numbers of people infected with the coronavirus ...

Climate on track to devastate world's poorest economies: study

The 65 most vulnerable nations will see GDP drop 20 percent on average by 2050 and 64 percent by 2100 if the world heats up 2.9 degrees Celsius, according to a report released Monday at the COP26 climate talks in Glasgow.

American incomes surge in January due to pandemic aid

An injection of pandemic aid filled Americans' wallets last month, though spending rose modestly, according to government data released Friday, giving a boost to the economy as it claws its way back from recession.

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