In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard…
An extraordinary comeback for Brazil’s Lula sees a new ‘pink tide’ take shape in Latin America
Political analysts said Lula’s victory marked the most symbolic shift in a political movement that has seen the region’s right-wing…
The crisis is over for the British pound, but analysts see further weakness ahead
Traders in London. DANIEL LEAL-OLIVAS | AFP | Getty Images LONDON — The British pound is on firmer footing since…
What Would The US Economy Look Like Had COVID Never Happened?
Get your free subscription to Morning Brew at https://morningbrewdaily.com/economicsexplained 0:00 – 1:16 intro1:17 – 2:08 Morning Brew2:09 – 4:17 Trade…
The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace
The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point Wednesday and then signal that…
Yale Replaces Racist Stained-Glass Window, Smashed by University Worker in 2016, With New Commissions by Faith Ringgold and Barbara Earl Thomas
Six years after a Yale University kitchen worker dramatically smashed a stained-glass panel depicting two enslaved African Americans, the New…
Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S.…
Twitter is now owned by Elon Musk — here’s a brief history from the app’s founding in 2006 to the present
In this photo illustration, former U.S. President Donald Trump’s archived Twitter account is shown on a phone screen with the…
It Took Eight Years, an Army of Engineers, and 1,600 Pounds of Chains to Bring Artist Charles Gaines’s Profound Meditation on America to Life. Now, It’s Here
Charles Gaines has unveiled his ambitious public art piece Moving Chains on New York’s Governors Island. All it took was…
Why China won’t bail out its real estate sector
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a…
Artists Unfurled Red Banners From the Guggenheim Rotunda to Support the Iran Women’s Protest Movement
An artist collective staged a protest at the Solomon R. Guggenheim Museum over the weekend, dramatically unfurling a dozen blood…
Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown
Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and…
Dow closes 400 points lower to end a wild week of trading
Stocks slumped Friday, capping off a volatile week of trading, a day after posting a historic turnaround rally as investors…
Fed officials expect higher rates to stay in place, meeting minutes show
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect…
UK bond market moves are dramatic — and confusing. And analysts think it could get worse
Getty Images LONDON — U.K. bonds sold off again this week, pushing yields to their highest level since before the…
‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and…
UK’s Liz Truss pledges tax-cutting future in landmark speech plagued by protest and political infighting
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil.…
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…