Australia’s labor market continues to show remarkable resilience, with underutilization data revealing just how tight employment conditions have become. While total employment naturally grows alongside population increases, what stands out is the intensity of workforce participation and demand for labor. Underutilization — which combines unemployment with underemployment (people who want more hours but cannot get … Read more

Renowned economist Art Laffer believes the U.S. economy is on solid footing, but he argues that unlocking domestic energy, fixing healthcare pricing, and increasing housing supply are critical to sustaining long-term growth. Energy as the Backbone of Economic Growth Laffer emphasized that while “energy dominance” may be a debatable phrase, freeing up American energy production … Read more

For generations, marriage followed a familiar financial script: love, marriage, then combined bank accounts. But that tradition is rapidly changing. A growing number of couples are choosing to keep their finances separate—even after tying the knot—and recent surveys show the shift is significant. More than 50% of couples today report having no joint bank accounts … Read more

U.S. stocks closed mostly lower after an initial uptick following January’s inflation data, as investors wrapped up a volatile week marked by heavy sector rotation and mixed economic signals. While the Dow Jones Industrial Average managed a modest gain on the day, all major indexes finished the week in negative territory. The Dow ended the … Read more