Billionaires’ Billions Are Increasing Faster Than Ever
Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled…
South Africa’s economy beats growth forecasts despite early US-Iran war pressures, tightens grip on Africa’s top economy spot
South Africa’s economy grew faster than expected in the first quarter, defying forecasts of slower expansion even…
China’s exports jump 19.4% in May from a year earlier
HONG KONG (AP) — China’s exports picked up pace in May, rising 19.4% from a year earlier, its…
May home sales jump is the biggest in what has been a sluggish year
Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround…
Record exports help narrow US trade deficit in April
By Lucia Mutikani WASHINGTON, June 9 (Reuters) – The U.S. trade deficit narrowed in April as exports jumped…
Experts warn ‘vapor economy’ could follow the ‘vibe economy’
Americans are spending freely on vacations, nights out, and shopping sprees — even as inflation, high interest rates,…
Inflation data could derail the comeback. How the S&P 500 may react
Key inflation data is set to be released Wednesday when the Bureau of Labor Statistics reports the consumer…
Why 40 million Nigerians suddenly lost airtime credit and what it reveals about Africa’s digital economy
Much of the public debate has focused on the legal dispute between telecommunications companies, value-added service providers,…
KBW upgrades Toll, citing the K-shaped housing market favoring the ‘affluent’
An economy with disparate K-shaped benefits is leading to opposite outlooks for Lennar and Toll Brothers, according to…
As consumers struggle, should the Bank of Canada hike, hold or cut rates? – National
The Bank of Canada is widely expected to keep borrowing rates unchanged this week, according to several economists,…
The Rise of the Modern Earner Economy
For a growing number of Americans, income no longer exclusively comes from one employer or one predictable paycheck.…
Indonesia raises rates in surprise move as rupiah lingers near record lows
A bundle of Indonesian rupiah and US dollar banknotes arranged at a currency exchange office in Jakarta, Indonesia,…