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The latest news in the economy, covering policy changes, market developments and much more

China Tech Digital Currency
Last year, massive cracks emerged in Jack Ma’s sprawling internet and mobile empire after Chinese authorities scuttled  the much-anticipated $37 billion Ant Group listing. Jack Ma is the founder and former-CEO of Alibaba Group Holding...
Pandemic Middle Class
The global pandemic ravaged the world’s economies across the board, diminishing standards of living and pushing millions into poverty. In the process, the world has seen its middle class shrink by tens of millions.  Prior to...
Fintech Crypto
Airline miles and hotel points are so 2010. The next round of credit card disruptors will offer something much more millennial … bitcoin rewards.  The recent mainstream adoption of bitcoin is getting yet another “cashback” boost,...
Latin America Renewables
The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) are teaming up to promote renewable energy investment in Latin America and the Caribbean, backing the energy transition in the region. IRENA and the...
US Emissions
The United States needs to reduce its emissions by at least 57 percent by 2030 below 2005 levels to fulfill its share of the cuts consistent with the Paris Agreement, which the Biden Administration has...
Natural Gas
The plummeting natural gas exports from the United States to Mexico amid an Arctic cold spell in the country that has led to a gas demand surge is causing blackouts in northern Mexico, with some...
Tesla Factory
Tesla (NASDAQ:TSLA) will set up a car manufacturing unit in India, the chief minister of the state of Karnataka has said, as the U.S. electric vehicle maker aims to enter one of the most promising...
gold
Gold is soaring past an eight-year high now, even as equities are rebounding, in a bizarre setup that sees the two moving in lockstep when traditionally gold would be a safe haven asset that replaces...
gold
Gold miners’ stocks rocketed out of mid-March’s stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks’ upleg stalling out since, have left many traders nervous about this...
Retail
U.S. states are now open again for business, but the lines outside of places like TJMaxx might be misleading.  The question now is this: With doors re-opening, which ones are going to stay closed, and will...