The American household just took an 81% margin cut. Wall Street hasn’t priced it in
The American household did not take a traditional pay cut. It took something Wall Street should understand even…
Opec producers agree to raise output from June in first move since UAE exit
Seven Opec nations agreed on Sunday to raise collective production by 188,000 barrels per day in June, pressing…
US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen…
War’s top effect is price hikes
Nine weeks of war in the Middle East sufficed to lead to a significant revision of macroeconomic estimates,…
Food and Meds Could Get Pricier in a Second Wave of Iran War Inflation
Consumers are in for a rude awakening from the what one expert is calling the second wave of…
‘No money’ claims of past govts don’t hold, says Kejriwal as Punjab GST peaks
Aam Aadmi Party (AAP) chief Arvind Kejriwal on Saturday referred to Punjab’s record GST collection for April and…
Japan Weighs $3 Billion Power Subsidies as LNG Crunch Bites
The Japanese government is considering a round of subsidies for electricity for a period of three months, Reuters…
Less financial stability, smaller social safety nets: inside the gen Z investing boom | Business
Ambrico Ranginui first heard of cryptocurrencies when he was 12 years old. By the time he was 16,…
Government bets big on capex push despite fiscal stress
The fiscal situation in India is moving towards a more difficult phase and the government no longer hides…
Pakistan faces economic strain; oil surge drives inflation toward 11%
. Pakistan’s struggling economy is likely to remain under sustained pressure, with double-digit inflation expected to persist if…
Climate, quality and data to drive tourism growth, WTTC says
File photo. [AP] Climate adaptation, higher-quality experiences and stronger digital infrastructure will shape tourism growth over the next…
What oil crisis? China’s EVs are ready to dominate the 21st century
Beijing — A sleek SUV offers mechanical foot massages, a luxury minivan has rotating seats to help passengers hop…