China explores services subsidy to boost weak domestic demand

Consumer confidence in the US has plummeted due to anxiety over the Trump administration's trade policies and government cutbacks, with the short-term economic outlook hitting a 12-year low. Tariffs on trading partners are expected to increase inflation, leading to a recent stock market sell-off and decreased consumer spending. Executives are warning of a potential pullback in spending, as uncertainty about tariffs continues to impact consumer sentiment and economic outlook. Full Article

House prices in the UK have seen a modest increase, with figures varying between different sources such as Zoopla, Halifax, and Nationwide. Regional variations in price growth are notable, with different areas experiencing different rates of increase. Affordability, rising costs, and changing regulations are impacting the housing market, leading to a potential shift in buyer behavior and investor sentiment. Overall, the future of the UK housing market remains uncertain, with factors such as population growth,...

The White House is embroiled in a scandal over a Signal group chat discussing sensitive US military operations in Yemen, involving top officials like national security adviser Mike Waltz and defense secretary Pete Hegseth. US vice-president JD Vance criticized the air strikes as a bailout of Europe, sparking shock and embarrassment in Washington. Despite calls for accountability, it remains unclear if law enforcement will investigate the breach, with conflicting statements from senior intelligence officials like...

Entrepreneur Michel Falcon overcame shame of his Peruvian roots to launch Brasa Peruvian Kitchen, aiming to popularize Peruvian cuisine in North America through a modern, fast-casual concept. His dedication to sharing Peruvian culture extends beyond food, offering a hotline service to educate customers on Peru's tourism, art, and history. Falcon prioritizes employee retention by paying higher wages, inspired by Netflix's talent density model, in his mission to empower his team and close the income equality...

Starbucks recently laid off over 1,000 corporate employees, reflecting a troubling trend of higher unemployment rates and slower wage growth for white-collar workers. The shift in the job market has been attributed to the economic impact of the pandemic, advancements in artificial intelligence, and government policies targeting federal agencies supporting white-collar jobs. Industries like video games and finance have experienced layoffs, while the tech sector has seen increased automation leading to job cuts. The future...

A recent report by the American Society of Civil Engineers highlighted the positive impact of increased federal spending on U.S. infrastructure, resulting in improved ports, roads, parks, and public transit. However, the report warned that progress could stall if investments are not sustained, with a projected $3.7 trillion funding shortfall over the next decade. Despite receiving a mediocre C grade overall, infrastructure showed improvement in nearly half of the 18 categories tracked, with ports and...