Japan's inflation-adjusted real wages fell in May for a record 26th straight month, highlighting the pain of inflation that is dampening household spending and complicating the central bank's efforts to normalise monetary policy. Real wages fell 1.4% in May, government data showed on Monday, faster than April's 1.2% decline, as a weakening yen and higher commodity prices pushed up the cost of imports. Base pay, or regular pay, rose 2.5% year-on-year in May, the best pace since January 1993, around the time when Japan's asset bubble burst.
PITTSBURGH — It took 7 2/3 innings to break a scoreless tie on Sunday afternoon at PNC Park. After nearly eight innings with no action, the final two innings provided plenty. Brandon Nimmo gave the New York Mets a lead in the top of the eighth, Edwin Diaz lost it in the bottom of the inning and Francisco Lindor took it back for good in the ninth, helping the Mets come back for a 3-2 win over ...
The stock market faces rising risks even as Tesla soared and Palantir broke out. Fed chief Jerome Powell looms this week.