Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19,…
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…
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…
American companies increasingly look outside of China after Covid
Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended…
China shuffles leadership committee and retains many Xi allies
China’s President Xi Jinping (C) gestures during the closing ceremony of the 20th Chinese Communist Party’s Congress at the Great…
How Do You Protect Yourself from Credit Card Skimmers?
As technology has adapted and grown over the years, so has fraudulent ways of gathering people’s information. Thieves now have…
British government performs major U-turn on tax cuts. But markets are far from convinced
British Prime Minister Liz Truss attends a news conference in London, Britain, October 14, 2022. Daniel Leal | Reuters LONDON…
Unemployment rate falls to 3.5% in September, payrolls rise by 263,000 as job market stays strong
Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve…
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.…
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
‘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.…
Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images…
Archaeologists Have Uncovered a Mysterious Stone Roundel in Prague That’s Older Than Stonehenge and the Pyramids
A mysterious, newly discovered stone roundel in Prague is older than Stonehenge and the Egyptian pyramids, built some 7,000 years…
Opium Traces Found in 3,500-Year-Old Pottery Suggests the Ancient Canaanites Were the First Humans to Use Psychoactive Drugs
Bronze Age humans living in the Levant may have been the first people to get high on psychoactive drugs, according…