Why is the US economy so resilient? | Business and Economy
The US economy is on a tear, and it has pulled far ahead of the rest of the world. Geopolitical tensions, the pandemic’s lingering aftershocks,…
Miffed Musk relocates Neuralink from Delaware after Tesla pay package ruling
Neuralink founder and Tesla CEO Elon Musk notified the biotech company's shareholders this week he has moved the company's headquarters from Delaware to Nevada. File…
About 15% of German companies are affected by the crisis
About 15% of German companies are troubled, A&M say sans exposure to US commercial real estate is an additional worry, notes Bloomberg. Economic stagnation, real…
Australians spending $7 billion a year on lotteries during cost of living crisis
Australians are spending more on lotto tickets and scratchies than ever before, despite cost of living pressures biting into household budgets.According to the most recently…
Texas A&M to close Qatar campus by 2028 amid regional unrest
1 of 4 | Israeli security forces push a man at a protest of Israelis and Palestinians who were calling for a cease-fire and an…
S&P 500 closes above 5,000 for first time
Traders work on the floor of the NYSE in April 2022. On Friday, the S&P 500 closed above 5,000 for the first time ever. File…
UAE in talks to develop $22bn beach land in Egypt | Business and Economy News
Such a major agreement could boost the Egyptian economy, which is facing a dire foreign exchange crisis. The United Arab Emirates is in advanced talks…
America’s underemployment problem | Business and Economy
New York City, USA – Makalah Monroe works at an Outback Steakhouse in Laurel, Maryland. She is a student and the only one in her…
Japan’s stock market barely grew for decades. Now it’s booming | Business and Economy
Kuala Lumpur, Malaysia – For decades, international investors shunned Japan’s stock market, whose meagre gains mirrored the country’s protracted economic stagnation. These days, Japanese stocks…
Pharma CEOs asked to defend high drug prices at Senate hearing
“The outrageous cost of prescription drugs in America means that 1 out of 4 of our people go to the doctor, get a prescription and…
Trend of women traveling solo could spike in 2024
1 of 5 | Kat Fleischman (L), 36, an American public relations professional who has been taking international solo trips since she was 18, said…
Israel’s war on Gaza: Are boycotts hurting US brands? | Business and Economy News
McDonald’s has missed sales targets partly due to boycotts against its products in some parts of the world over its perceived support for Israel,…
Man books business class flight for him and kids and 'abandons' wife in economy
A man has been called 'petty' and 'malicious' after he booked his wife an economy seat on the plane for a trip to Tahiti, while…
In Pakistan, old hopefuls jostle to turn around struggling economy | Business and Economy News
Pakistani voters head to the polls on Thursday amid a deep-seated economic crisis. Inflation is hovering at 30 percent, close to 40 percent of people…
Analysis: India’s 2024 interim budget shows a changing economy | Business and Economy News
India’s Finance Minister Nirmala Sitharaman’s interim budget last week marked nearly 10 years of Prime Minister Narendra Modi’s government. Sitharaman showcased the government’s achievements over…
Radford family's eye-watering net worth despite being forced to shut business
The famously large Radford family has reportedly amassed an equally mammoth net worth over the years, despite having been temporarily forced to shut their pie…
EU climate chief rebuts business fears that green policies hit competitiveness
The EU’s climate chief has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the competitiveness…
Is China’s economy in serious trouble? | Business and Economy
Chinese officials signal their concerns by taking measures aimed at reviving growth and steadying markets. China was expected to experience a rip-roaring recovery after it…
Turkey appoints Fatih Karahan as new central bank chief after Erkan resigns | Business and Economy News
The appointment comes a few hours after the resignation of Hafize Gaye Erkan citing a media scandal. President Recep Tayyip Erdogan has named the central…
U.S. economy created 353,000 jobs in January, 14.8 million so far under Biden
The U.S. economy created 353,000 jobs in January, far more than the 185,000 economists were expecting. President Joe Biden called it great news for working…