Economy

2 articles

Protesting workers and concerned small business owners gather outside the state capitol building after the assembly approved a $16 minimum wage.

State Assembly Approves $16 Minimum Wage

In a surprising legislative move, the state assembly approved a $16 minimum wage last night, a figure that immediately sparked protests from both labor unions and small business owners.

Ingrid Larsen·June 21, 2026

A split scene in London showing a luxurious storefront contrasted with everyday consumers experiencing economic strain, highlighting the disconnect in England's economy.

The Future of Luxury

England's Economy: Official Stability Masks Consumer Strain

While England's GDP technically grew by a marginal 0.1% last quarter, averting a recession, retail sales volumes plummeted by 3.2% in December, according to the Office for National Statistics (ONS).

Ingrid Larsen·June 10, 2026