Elon Musk’s wealth is now double the GDP of his native South Africa as a trillionaire
Catapulted by the market debut of his rocket company SpaceX, Elon Musk could become the world’s first trillionaire by the end of…
What a trillion dollars means: Inside the scale and risks of Musk’s fortune
PARIS June 13 — As SpaceX completed the biggest initial public offering in history, controversial entrepreneur Elon Musk…
UAE retains high Moody’s ratings and stable outlook on ‘strong shock-absorption’
Moody’s Ratings has maintained the UAE’s high credit rating, saying the nation’s robust financial position and diversified economy…
Zimbabwe’s largest gold producer is aiming for a dramatic surge from $4.61 billion
By current estimates, this denotes that the Southern African country would be producing more than 400,000 ounces…
China promotes cruise tourism as catalyst for economic growth
Travel & Leisure Easing overcrowding at tourist sites and boosting shipbuilding seen as added benefits Adora Magic City,…
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’
Back in February, with the S&P 500 breaching 7,000 for the first time, Owen Lamont was one of…
Inflation reaches 3-year high and these products were most affected
Energy According to the Wednesday consumer price index report from the Bureau of Labor Statistics, the energy index…
Steel producers association unhappy with tariff remission program extensions
OTTAWA — The head of the Canadian Steel Producers Association says Ottawa’s latest extension of a program that…
Americans Aren’t Money Savvy, and They’re Only Getting Worse
Americans’ already poor money savvy fell even further this year, a worrisome trend, researchers said, because people with…
Money-Market Funds & CDs: Americans and their Piles of Interest-Earning Cash as “Real” Yields Turn Negative
Inflation surged past these yields, though they’ve started to rise again. Households nevertheless poured more money into them.…
New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
How Africa’s top 3 economies compare to Elon Musk’s $1.1 trillion wealth
The milestone has sparked fresh comparisons between the scale of private wealth accumulation and the size of…