News
Asian markets rally after Wall St tech-led gains
2+ hour, 11+ min ago (650+ words) Tech firms led gains across Asian equities Thursday following a positive lead from Wall Street, where traders also welcomed strong US data that suggested the world's top economy remained in rude health. The advances came even as the figures tempered…...
ECB to extend euro backstop to boost currency’s global role
4+ day, 10+ hour ago (340+ words) The European Central Bank said Saturday it will expand access to its euro liquidity backstop to central banks worldwide, in a move aimed at boosting the single currency's global role. The backstop mechanism, which provides funding at times of extreme…...
US hiring soars past expectations as unemployment edges down
1+ week, 14+ hour ago (631+ words) US job growth beat expectations in January while unemployment crept down, official data showed Wednesday, defying immediate concerns about labor market fragility on the back of President Donald Trump's economic policies. The United States added 130,000 jobs last month, the Department…...
US retail sales flat in December as consumers pull back
1+ week, 1+ day ago (540+ words) US retail sales showed no growth in December, according to delayed government data released Tuesday,missing analysts" expectations amid heightened scrutiny of the American consumer"s appetite " a key driver of the world"s biggest economy. Overall sales were flat…...
Ihab Abou Letaif Highlights How Inflation and Retail Pressure Are Affecting Daily Life in Venezuela
1+ week, 1+ day ago (370+ words) Ihab Abou Letaif, based in Caracas, Venezuela, offers a local perspective on how economic pressures are reshaping everyday purchasing and decision-making. "When inflation becomes constant, people change behaviour," says Abou Letaif. "You stop planning monthly and start thinking week by…...
Canada’s productivity problem may be self-inflicted, but it’s also fixable
1+ week, 2+ day ago (1083+ words) A Competition Bureau-commissioned study suggests easing regulatory barriers could lift GDP by up to 10% over time. Canada has spent years talking about productivity as if it were a grand mystery." Why do the country's wages lag?Why does it take…...
Japan’s Takaichi may struggle to soothe voters and markets
1+ week, 3+ day ago (814+ words) Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy. In its best result since its founding in…...
Asian stocks track Wall St rally as Tokyo hits record on Takaichi win
1+ week, 3+ day ago (712+ words) Japanese stocks surged to a record high Monday following Prime Minister Sanae Takaichi's historic election win, while healthy gains across the rest of Asia tracked a rally on Wall Street. After last week's broad-based volatility, investors appeared to be enjoying…...
Opinion: Hey, idiotic IMF – 70 is NOT the new 50. Why don’t YOU do YOUR job?
1+ week, 4+ day ago (529+ words) The excuses offered by the International Monetary Fund (IMF) for keeping people working to the age of 70 are arguably as insane and irrelevant as any purely political platform. If you read the synopsis of the IMF's grotesque position, it's quite…...
Industrial shift in UK start-ups: Is it the year for the property business?
1+ week, 5+ day ago (508+ words) Among overall categories, wholesale and retail trade, repair of motor vehicles and motorcycles, which includes e-commerce, ranked above all others. Buy-to-let, e-commerce and real estate agencies were the top three most popular business types incorporated last year in the UK....