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A new venture fund just raised $10 million to invest in companies serving mothers, who control $2.4 trillion in U.S. spending power. Mother Ventures has already backed 13 startups, from pediatric care booking to kid-friendly phones.
Hong Kong just posted its fastest economic growth in nearly five years at 5.9%, powered by strong consumer spending and booming exports despite global tensions. The city's recovery marks three straight years of expansion with economists predicting even brighter days ahead.
Artificial intelligence drove three-quarters of America's economic expansion in early 2025, marking a historic shift in how the nation builds prosperity. Business investment in AI technology, software, and research now fuels more growth than consumer spending for the first time.
More Chinese workers are getting a raise as 27 provinces increased minimum wages over the past year, with many seeing double-digit bumps. The nationwide push aims to put more money in people's pockets and reignite consumer spending.