Connect to Market Sanity

RSS Feed
Home » Archives by category » World News » Global Economy (Page 2)

Seattle’s $15 Minimum Wage is Hurting the Workers It’s Intending to Help

Reason TV, Released on 7/5/17 Three years ago, the city of Seattle voted to gradually raise its minimum wage to $15 an hour in the name of human decency and…

Charles Hugh Smith: We’re Fragmenting Because our Experience of the Economy Is Fragmenting

Of Two Minds, Released on 7/5/17 The technocrat and capital-owning class is delighted with the economy, and can’t understand why everyone isn’t prospering. Continue……

“So Much For China Working With Us”: Trump Slams China On N.Korea Trade

“As the G-20 meeting in Hamburg between Trump and Xi draws nearer, the US president appears eager to continue antagonizing his Chinese peer.” Continue……

Silicon Valley Begins to Crack Visibly

Wolf Richter, Released on 7/2/17 Chilling photos of for-lease signs lining the Great America Parkway Continue……

Massive Tax Hikes Coming to Illinois

Rauner has agreed to hike the personal income tax rate to 4.95% from the current 3.75%. The corporate income tax rate will rise to 7% from the current 5.25% rate.…

India Launches New Single Nationwide Tax Amid Confusion

Businesses in India have reopened amid confusion after the introduction of a new nationwide tax reform plan that will change the cost of nearly everything people buy Continue……

Trump overrules cabinet, prepares to unleash global trade war

With the political media distracted by President Trump’s Twitter feed, one of the most important and contentious debates of his presidency unfolded Continue……

Low-income families spend 40% of their money on luxuries

If there’s one thing Americans know how to do, it’s spend. It turns out that all Americans, irregardless of income or wealth, spend a large percentage of their income on…