Despite having no oil production, East African nation strikes 600 million-barrel crude discovery
Uganda has announced one of its most significant energy breakthroughs in more than a decade, after years of…
China plans to cultivate three trillion-yuan consumer sectors by 2027: officials – news.cgtn.com
China plans to cultivate three trillion-yuan consumer sectors by 2027: officials news.cgtn.comPets, anime and toys are part of China’s…
Global Stocks Hold Steady After Four-Day Rally: Markets Wrap
(Bloomberg) — A gauge of global equities held firm after four days of gains, following a recovery fueled…
Why Gen Z Is Breaking the Mold on Holiday Spending by Choosing to Save
Key Takeaways Gen Z plans to cut holiday spending this year, prioritizing essentials and secondhand goods over gifts.This…
Trump tariffs leave small U.S. retailers short for holidays
For Matt Hassett, founder of New York-based sleep wellness brand Loftie, the year-end holiday rush has always kept…
How wage inflation became the Fed’s regressive red line
The 2021-2023 inflation surge saw sudden and persistent increases in prices for consumer goods, housing and assets. Wage…
Holiday Budgets Are Rising. See How Your Spending Compares
Yana Iskayeva / Getty Images Strong consumer demand persists despite high prices, with Americans expecting to spend more…
Auto industry flags Mexico’s plan for steep tariff hike; pharma firms also worried
New Delhi: India’s automobile manufacturers and auto component makers have conveyed their concerns to the government over Mexico’s…
‘Low-hire, low-fire’ economy grinds on as lower-than-expected jobless claims suggests layoffs aren’t spiking
The number of Americans applying for unemployment benefits declined last week in a sign that overall layoffs remain…
Canada unveils more measures to protect tariff-hit steel, lumber sectors
OTTAWA, Nov 26 (Reuters) – Canada will offer more support to help the steel and lumber industries deal…
South Korea signals end to rate cuts as FX, price risks grow
South Korea’s central bank kept interest rates unchanged for a fourth straight meeting on Thursday as a tumbling…
China Vanke Dollar Bonds Tumble to Record Lows as Crisis Worsens
(Bloomberg) — China’s real estate sector suffered another blow after China Vanke Co. proposed delaying repayment on a…