By Erin Lowry Less than a third of Gen Z feels financially secure while just more than half feels “very or extremely worried about not having enough money,” according to a recent study by consulting firm EY. “Welcome, the water’s warm!” says every American millennial. After years of being told conditions would improve and to […]
Iran doesn’t want Hezbollah fighting Israel Since Hezbollah is the most valuable of Iran’s assets, Tehran is reluctant to have it damaged and degraded, as it would inevitably be in a direct confrontation with the Israel Defense Forces. The other reason Iran needs to keep Hezbollah fighting fit is that it props up Bashar al-Assad’s regime in Syria […]
The Taylor Swift Effect It’s Taylor Swift’s economy, and we’re all just buying into it. In case you were unaware, the 33-year-old singer-songwriter has, among other things: redefined music ownership for artists, shaken up Apple Music and Spotify, sold her documentary Miss Americana to Netflix for $25 million, and even made Indonesia rethink visa rules […]
Stay informed with free updates Simply sign up to the World myFT Digest — delivered directly to your inbox. A group of Chinese artificial intelligence scientists have joined western academics to call for tighter controls on the technology than those being proposed by the UK, US and EU as nations prepare to outline rival positions […]
during the opening session of the 20th National Congress of the Communist Party of China (CPC) at the Great Hall of the People in Beijing, China.Getty Images The announcement last month that Biden has rejuvenated a series of bilateral sector-defined “Economic and Finance Working Groups” as mechanisms for certain Washington Cabinet agencies to engage in […]
A recent study found the nonprofit arts and culture sector in Indianapolis brought in more than $520 million in direct economic impact over much of the past year, measured in organizational spending and audience spending. The national report, led by Americans for the Arts, examined hundreds of metros. The findings cover a […]
The naira weakened 26% against the dollar on the official market, touching its lowest closing price on record amid an acute local shortage of the greenback in Africa’s most-populous nation. The naira closed at 993.82 to the dollar on Monday, compared with 789.94 in the previous trading day, according to FMDQ Group, a Lagos-based exchange […]
Investing.com | Editor Oliver Gray Published Oct 30, 2023 08:08PM ET Goldman Sachs economists have revised their projections for U.S. GDP growth and the likelihood of a government shutdown, following changes in House leadership and geopolitical risks. The fourth quarter of 2023 is now expected to see a GDP growth of +1.6%, and the first quarter of 2024 […]
The Biden administration is announcing new actions Monday aimed at combating a series of antisemitic incidents on college campuses across the United States in the wake of the Hamas terror attacks on Israel. The White House highlighted a series of steps taken by the Department of Homeland Security, the Department of Justice, and the Department […]
By Joe Cash BEIJING, Oct 30 (Reuters) – China’s Vice Premier He Lifeng has been appointed director of the ruling Communist Party’s commission covering economic policy, the financial sector and trade ties with Washington, strengthening his status as the country’s economic overlord. He, who had previously headed the state planning agency, became one of China’s […]
