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Category: Business

By Rian LordIn News, BusinessPosted September 16, 2023

JCPenney joins Amazon Prime’s Thursday Night Football as a new sponsor

JCPenney, the Plano-based retailer, has announced its new partnership with Amazon Prime’s Thursday Night Football as the sponsor of the postgame show. The deal marks...

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By Rian LordIn News, BusinessPosted September 15, 2023

Australian property tycoon apologises for his remarks on unemployment

Tim Gurner, an Australian multimillionaire and CEO of real estate company the Gurner Group, has issued an apology for his comments at a property summit...

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By Rian LordIn News, BusinessPosted September 15, 2023

Why the UK’s top 10% earners are feeling the pinch of inequality

The UK is a country of stark inequalities, where the richest 10% of the population have more than half of the total wealth, while the...

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By Rian LordIn News, BusinessPosted September 15, 2023

Israel’s Sovereign Wealth Fund Reaches $1 Billion Milestone

Israel’s sovereign wealth fund, which was established to invest the revenues from the country’s natural gas and other resources, has reached $1 billion in assets,...

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By Rian LordIn News, BusinessPosted September 15, 2023

China’s Economic Growth Slows Down Amidst Global Uncertainties

China, the world’s second-largest economy, has been facing a slowdown in its growth rate due to various factors, such as the Covid-19 pandemic, the trade...

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By Rian LordIn News, BusinessPosted September 15, 2023

Argentina’s central bank keeps interest rate unchanged amid soaring inflation

Argentina’s central bank (BCRA) decided to keep the benchmark interest rate steady at 118% during their last board meeting, despite the country’s inflation rate hitting...

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By Rian LordIn News, BusinessPosted September 15, 2023

ECB Ends Rate Hikes After Reaching Record High of 4%

The European Central Bank (ECB) announced on Thursday that it has raised its key interest rates to the highest level since the launch of the...

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By Rian LordIn News, BusinessPosted September 15, 2023

US inflation hits 3.7% in August, fueling recession fears

The US economy is facing a double whammy of rising inflation and slowing growth, as the Federal Reserve’s rate hikes and shrinking consumption weigh on...

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By Rian LordIn News, BusinessPosted September 13, 2023

Cheap And Unique Classic Cars For Collectors On A Tight Budget

If you are a car enthusiast who loves classic cars, but you don’t have a fortune to spend on them, you might think that your...

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By Rian LordIn News, BusinessPosted September 13, 2023

Japan’s Wholesale Inflation Eases in August Amid Global Cost Pressures

Japan’s annual wholesale inflation slowed in August for the eighth straight month, data showed on Wednesday, offering some relief for households and retailers hit by...

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By Rian LordIn News, BusinessPosted September 13, 2023

How the US can reduce child poverty with a simple policy change

Child poverty is a serious and persistent problem in the United States. According to the latest data from the Census Bureau, more than 5 million...

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By Rian LordIn News, BusinessPosted September 13, 2023

UK Workers See No Real Wage Growth Despite Economic Recovery

The latest official figures show that UK wage growth has matched the inflation rate for the first time in more than a year, but the...

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By Rian LordIn News, BusinessPosted September 13, 2023

USD/CAD Falls as Oil Rallies and US Inflation Data Looms

The USD/CAD pair has been on a downward trend for the past three days, as the Canadian dollar gains strength from the rally in oil...

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By Rian LordIn News, BusinessPosted September 13, 2023

Israel’s ambitious plan to electrify its roads by 2030

Israel is expecting a huge jump in electric vehicle use by the end of the decade, when nearly a third of cars will be charged...

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By Rian LordIn News, BusinessPosted September 13, 2023

Dollar rises on yen as BOJ hints at policy exit

The dollar gained ground against the yen on Wednesday, as traders weighed the possibility of an early exit from the Bank of Japan’s negative interest...

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By Rian LordIn News, BusinessPosted September 13, 2023

Barclays CEO sees signs of investment banking recovery

Barclays Chief Executive Officer C.S. Venkatakrishnan said on Tuesday that he expects a revival of deals in the next months, as the market conditions improve...

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