The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry…
Browsing: Economy
Qatar, a nation roughly the size of Connecticut with a population smaller than Brooklyn’s, has leveraged its immense natural gas wealth to secure outsize influence in…
Walmart Inc. (NYSE: WMT), the world’s largest retailer, announced on Tuesday that it will begin raising prices on a broad range of consumer goods in the…
A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan…
The UK’s job market has continued to weaken with the number of workers on payrolls falling in the first few months of the year and job…
The world’s two superpowers have reached an accord on their bruising trade war—for 90 days, at least. On Monday, the U.S. and Chinese governments announced they had agreed…
For weeks, wealthy individuals have been scooping up the Trump family’s cryptocurrency in hopes of amassing enough to qualify for one of 220 seats at a…
Pope Leo XIV, the newly elected pontiff, must answer to at least one more higher power: the IRS. The United States generally requires all citizens to…
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating…
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been…