The World Economic Forum also projects the destruction of 92 million jobs, resulting in net growth of 7% of total employment, and a balanced interaction between humans and machines in most tasks
The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the North African country
The tycoon is turning his attention to Europe, where he is trying out alliances with far-right leaders and meddling in domestic politics in ways that could benefit his corporate interests in the continent
In late December inspectors rescued 163 Chinese workers from the construction site of a plant owned by the electric car manufacturer that has come to symbolize Beijing’s growing influence in the South American country
The threat of new tariffs is heightening mistrust among investors as China’s central bank pledges to maintain exchange rate stability
The world’s largest economy has seen 48 consecutive months of job creation, leaving the unemployment rate at 4.1%
The luxury sector has been moving in on the capital, which ranks among the five most popular European cities for the super wealthy
Residents are turning to cryptocurrency to try to beat inflation on the eve of a key political moment
Supply appears to be secure, but several countries are facing pressure on their networks and are seeking alternatives. Underground storage is depleting faster than in previous winters
The British Wall Street expert is optimistic, saying that ‘for the US economy, there’s nothing to really stop the current momentum’
The Spanish Treasury monitors more than 170,000 uber wealthy individuals to prevent them from charging undue expenses to their companies. The Tax Agency recovered more than $502 million in 2023 through almost 1,000 audits
A myriad of new restaurants fill the vacuum left by the pandemic and inflation-induced rent rises
The most popular cryptocurrency has rebounded by more than 120% since January. The year 2024 has marked a turning point for the industry, with increased adoption from both retail and institutional investors
Edward Leffler created the first open-end mutual fund, democratizing investment by offering small-scale savers a low-cost financial product managed by professionals. His original fund has achieved an annual return of nearly 9.5% over the last century
We spoke with the unlikely partners Alexey Pajitnov and Henk Rogers about the challenges they overcame to get the video game marketed beyond the Berlin Wall. Their adventure inspired a movie and forged a relationship that endures four decades and 520 million games later
The great economic historian, who paved the way for studies on the gender wage gap, says she’s given up on the term, due to its historic connotations. Nowadays, she prefers to speak of ‘women’s rights’
The free trade agreement is at a crucial crossroads due to Trump’s threat of protectionist tariffs and a review coming up in 2026
Science fiction authors like Isaac Asimov and Robert Heinlein have inspired figures such as Jeff Bezos and Elon Musk, who, adopting the persona of strongmen, fantasize about saving humanity
Marieke Blom believes that the trade and tax measures announced by the US president-elect could cause the shares of the country’s companies to fall, forcing him to rectify his policies
The sinking of two old ships in the Black Sea highlights the risks of a practice that has grown exponentially since the invasion of Ukraine
Representatives of the private sector warn that if the Republican follows through with his promises, they will be forced to rethink their business plans
Sleeping boxes like those in Japan, theoretically designed for backpackers, are being used for long-term stays by professors and students unable to find accessible housing
Vivek Ramaswamy, founder of Roivant Sciences and a former Republican presidential primary candidate, will co-direct the office that looks to streamline government bureaucracy
The Central American country is in negotiations for a $1.3 billion loan, with the financial organization conditioning the aid on changes to the Bitcoin Law, according to the ‘Financial Times’
The basic wage will be increased by 0.50 cents per hour statewide
The Nobel Prize winner in Economics is leaving the newspaper before Donald Trump’s return to the White House. His last column talks about ‘finding hope in an age of resentment’
The outgoing president defended his legacy in a speech at the Brookings Institution and questioned measures proposed by his successor, including tariffs and tax cuts