The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping rates to 4.25% to 4.5%. This mov...
THE LIQUIDITY crunch could not have come at a worse time. Usually, most of Hizbullah’s budget arrives on a plane in Damascus, the Syrian capital, with the country’s Iranian ambassador. The cash is the...
Dec 19th 2024 GIVING IS BIG business. In 2023 Americans alone handed $557bn to charities, according to the Giving USA annual report. So identifying which charities are the most efficient in terms of g...
Dec 19th 2024 THE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to a record low of almost 6.3 to the dollar. The situation has g...
WHY IS HOUSING so expensive? Explanations have tended to fall into two camps. One emphasises a gummed-up supply side: a range of restrictions on land use and NIMBY campaigners have stymied housebuildi...
Dec 18th 2024 | KYIV AND PRYLUKY EVERY BUSINESS in Ukraine has a reference point. For Mykhailo Travetsky, a farmer in Pryluky, it was the first six weeks of the all-out invasion. As a Russian column s...
As the new year approaches, more Americans have a brighter outlook for the state of their personal finances in 2025, a recent survey indicated. Bankrate said Thursday its survey found that 44% of Amer...
Paying utilities bills, including ones for electricity, is a responsibility that many Americans face – and some have difficulty covering – each month. Nationwide, the amount of money that Americans ha...
BITCOIN IS BACK. Since Donald Trump’s election victory on November 5th, the world’s dominant cryptocurrency has surged to new heights above $100,000 a unit, enjoying a rise of 138% since the start of ...
Dec 12th 2024 At this time of year, many policymakers want to know how fast their economies will grow in the year ahead. China’s leaders set themselves a still tougher question: how fast their economy...
Dec 12th 2024 | Washington, DC A lot is riding on the numbers after the decimal point. In the argot of investors, inflation in America is back to having a “two-handle” (that is, running above 2% but b...
Dec 12th 2024 Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no...
