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Economy

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

walmart
Walmart stores across the U.S. have been in the spotlight over a recent spate of deadly shootings, but elsewhere in the world, the store is seeking government protection.  Walmart in Chile has requested the government provide...
sad_man
One of the frequent subjects of debate at those thrilling annual anthropological seminars is the origin of chivalry and gender equality. It is said to typically conclude with a joke about holding doors open for women...
dairy
In 2018 alone, the U.S. lost 2,731 licensed dairy farms. That news has gone surprisingly underreported, until Dean Foods, America’s largest dairy company, filed for bankruptcy this week, adding more uncertainty to milk supply sector. In...
elderly-workforce
The US Bureau of Labor Statistics is predicting a major increase over the next 10 years in the number of age 75-and-older workers in the workforce. The increase, from last year’s 1.8 million workers who are...
trump-powell
Trump “made” Federal Reserve Chair Jerome Powell, the president claims in his most recent public lashing out at the central bank head. In fact, Trump dislikes Powell so much that he would even be willing...
Bernie Sanders
Vermont Senator and 2020 presidential hopeful Bernie Sanders has revealed a new plan to eliminate student loan debt for over 45 million Americans. Sanders is proposing that the federal government pay to wipe clean the $1.6...
Steve Eisman
While Washington and Beijing are trading threats and counter threats, tariffs in the US have skyrocketed and President Trump has put the blame squarely on China. Amidst the hullabaloo about tariffs and ongoing trade war...
Banks Embrace Fintech
Mobile phone companies using financial technology (fintech) have played an integral role in providing the most required assistance to a large number of Africans who have struggled with conventional banking. Ever since mobile payment technology came...
China Vice Premier To Visit Washington
The Vice Premier of China Liu He is going ahead with plans to visit the United States of America for further trade talks even after constant threats from Donald Trump. Mr. Liu, a close confidant as...
China to retaliate if tariffs are increased
Just ahead of trade talks between Washington and Beijing, tensions have surged, with China vowing to protect its interests and adopt retaliatory measures should President Trump hike tariffs again. A spokesperson from China’s Commerce Ministry said...