Is the US headed for a recession? | Business and Economy News
The unexpected rise in the unemployment rate in the United States has left economists divided: Is the US on the brink of a recession or…
China’s Economy Keeps Gliding on Just One Engine
Breadcrumb Trail LinksPMN BusinessChina’s economy has leaned on industrial production to keep growing this year, and data in the coming week will provide clues on…
Harris Energizes Low-Income Voters Dispirited by Biden Economy
Breadcrumb Trail LinksPMN BusinessLow-income Americans propelled Biden to 2020 win — then soured on himAuthor of the article:Bloomberg NewsAmara Omeokwe, Mark Niquette and Jeff GreenPublished Aug 03, 2024 • …
July jobs report: U.S. economy created 114,000 jobs, well below expectations
A "Now Hiring" sign is displayed in the window of a restaurant in Washington D.C. on August 12, 2010. The Labor Department said the economy…
US DOJ files lawsuit against TikTok, ByteDance for failing on child privacy | Social Media News
The US alleges that for years millions of American children under 13 have been using TikTok and the site ‘has been collecting and retaining’ their…
Japan’s stock market plunges over US economy fears | Financial Markets
Benchmark Nikkei 225 index closes 5.81 percent lower after tumble in Wall Street shares.Japanese stocks have taken a dramatic plunge after Wall Street shares tumbled…
After OnlyFans, AI ‘girlfriends’ are tech’s next pitch to lonely men | Economy
At first glance, “Jenny” looks like a young, attractive Asian-American woman with a penchant for posting flirty photos and captions on her X account. Even…
Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD | Technology
US chip maker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.Chipmaker Intel has announced plans to…
Former CNN anchor Don Lemon sues Elon Musk over scrapped deal | Social Media News
The US lawsuit claimed that X agreed to pay Lemon at least $1.5m.Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk months…
Nvidia records biggest daily gain in market value in history | Financial Markets
Californian-based chip maker adds $330bn to market value in a single day, blasting past previous record.Nvidia has recorded the biggest daily jump in market value…
Meta shares surge after tech giant reports $13.5bn profit | Financial Markets
CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end.Meta, the parent company of…
Republican PAC WinRed misleads US consumers into recurring donations | US Election 2024
James Frank Clark is a lifelong Republican who lives in Texas. He spends his time between his home in a suburb northwest of Houston and…
In India’s Assam, ‘hopes dashed’ for high returns on oil palm production | Business and Economy
Jorhat, India: Priya Ram Duwarah has planted 60 oil palm seedlings in his half-hectare (1.2 acres) of agricultural land at Mohara village in Jorhat district…
Why California’s surge in immigration is lifting our economy
Kamala Harris had no sooner replaced Joe Biden as the presumptive Democratic presidential nominee than Donald Trump began bashing her over the number of immigrants…
US Senate passes bill to protect children from dangerous online content | Social Media News
The United States Senate has overwhelmingly passed legislation designed to protect children from dangerous online content, pushing forward with what would be the first major…
Why are conservatives claiming Google is covering up the shooting of Trump? | Technology News
Google has come under fire from conservatives in the United States amid claims that the tech giant is suppressing information about the attempted assassination of…
McDonald’s sales fall globally for first time in over three years | Food
McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise.McDonald’s has reported its first drop in global sales in…
Air New Zealand scraps 2030 carbon emissions target | Aviation
Flag carrier says it is unable to achieve target due to lack of newer fuel-efficient aircraft and alternative jet fuels.Air New Zealand has scrapped its…
Surging demand, soaring price tags lead to fake Ozempic doses | Business and Economy
Around the globe, the growing class of weight loss drugs called GLP-1 agonists has been a game-changer. This includes the blockbuster drug semaglutide, better known…
UK’s finance chief accuses previous gov’t of multibillion-pound ‘cover up’ | Economy
The United Kingdom’s new chancellor of the exchequer is accusing the previous government of covering up the dire state of the nation’s finances as she…