Americans ran up $105 billion in credit card interest last year alone
Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop.
2023-10-25 20:20
Two economic indicators with with spooky significance
There are two numbers floating around econ media headlines lately that are (as we journalists love to say) psychological milestones.
2023-10-24 08:19
DP World in Tanzania: The UAE firm taking over Africa's ports
UAE maritime giant DP World signs a controversial deal to manage Tanzania's main port for 30 years.
2023-10-24 00:29
Colombia central bank to keep rate stable, won't cut until December: Reuters poll
By Nelson Bocanegra BOGOTA Colombia's central bank board will keep its interest rate stable at its meeting next
2023-10-23 23:27
Bank of Israel holds key interest rate at 4.75%
JERUSALEM The Bank of Israel kept short-term borrowing rates unchanged for a third straight decision as expected on
2023-10-23 21:29
Why some members of Black sororities and fraternities don't want you to wear their letters
A Nashville teacher made headlines this month for removing a White elementary student's shirt because it was emblazoned with the letters of her historically Black sorority.
2023-10-22 18:16
Meryl Streep and husband Don Gummer have been separated for six years
Meryl Streep and her husband Don Gummer have been living apart in recent years.
2023-10-22 03:18
Israel's war with Hamas comes to corporate America
From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. Sometimes, as with Nike and Colin Kaepernick, it helps their bottom line. Sometimes, it does the opposite — think Bud Light's support of transgender rights.
2023-10-20 22:57
China leaves benchmark lending rate unchanged amid better economic data
SHANGHAI China kept its benchmark lending rates unchanged at the monthly fixing on Friday, matching market expectations, as
2023-10-20 09:47
Nestlé is closing an infant formula factory as China's birth rate plunges
Nestlé plans to close a plant in Ireland that makes baby formula, citing a sharp drop in China's birth rate, in a fresh example of the far-reaching implications of China's demographic crisis.
2023-10-19 19:47
Indonesia central bank unexpectedly raises rates amid falling rupiah
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the
2023-10-19 17:49
China expected to leave benchmark loan rates unchanged at monthly fix: Reuters poll
SHANGHAI The People's Bank of China (PBOC) is widely expected to leave loan prime rates (LPR) unchanged at
2023-10-19 14:57