US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…
Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.Two groups representing the credit reporting and credit…
‘Forgotten’: How one Mexican city struggles against big industry for water | Water News
According to a 2017 report by a coalition of environmental and civil rights groups, Femsa pays 2,600 pesos or $155 for each water permit in…
US bans medical debt from credit reports as Biden nears exit | Health News
Consumer Financial Protection Bureau says change will strike $49bn in medical debt from credit reports.Consumers in the United States will no longer have medical debt appear…
China’s millionaires eye the exit as economic storm clouds gather | Business and Economy
Taipei, Taiwan – Five years ago, Jane Meng travelled from her home in Shanghai to Hong Kong to get herself something special for her birthday.…
US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition…
Musk turns on UK politician Farage over jailed far-right activist | Politics News
Elon Musk has reversed his support for Nigel Farage, the leader of the United Kingdom’s populist party Reform UK, after a disagreement over the tech…
What lies ahead for the global economy in 2025? | Business and Economy
Inflation, geopolitical tensions and trade rows have hampered the global economy in 2024. What’s in store in 2025?A global fight against inflation, geopolitical tensions in…
Biden blocks sale of US Steel to Japan’s Nippon Steel | Business and Economy News
Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.United States President Joe Biden has…
Biden to block Nippon Steel’s takeover of US Steel, reports say | Business and Economy
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.United States President Joe Biden has decided to block…
Three ways cutting the IRS will hurt the U.S. economy
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in…
Singapore economy grows 4%, beating forecasts | Business and Economy
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary…
Indonesia’s Apple and Google bans frustrate country’s tech fans | Technology
Medan, Indonesia – Winston, a medical doctor who lives and works in the capital of North Sumatra Province, is a self-proclaimed Apple fan. Currently the…
Stock market today: Wall Street indexes lose ground as market closes another record-breaking year.
NEW YORK — Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall…
In India’s east, farmers risk jail to grow lucrative cannabis crop | Drugs
Odisha, India – Ajay Rout is an Indigenous farmer in a remote village in a southern district of India’s Odisha state. The village is surrounded by…
Column: I got some things wrong in 2024. At least I hope I did
WASHINGTON — I spent much of 2024 warning readers that a second Trump presidency would do serious damage to American institutions, beginning with democracy and the…
Three foreigners die in Bangkok hotel fire, authorities say | Tourism News
Fire broke out on fifth floor of hotel near popular Khao San Road, fire department says.Three foreigners have died in a hotel fire in a…
Why are US Republicans debating the future of H-1B high-skill work visas? | Business and Economy News
A debate over what shape hardline immigration policies will take regarding high-skilled work visas has become the first major policy dispute among prominent supporters of…
US Economy Surprised Again in 2024 Despite Fed, Election Drama
Breadcrumb Trail LinksPMN BusinessOver the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different.Author of the…
Senegal’s foreign minister on sovereignty, alliances, and change | Business and Economy
Yassine Fall discusses Senegal’s vision for economic independence and diplomacy.Senegal, long considered one of Africa’s most stable nations, is entering a transformative era under President…