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Economy

Recession Barometer Copper Plummets in Ominous Sign for World Economy

July 16, 2022 - 1:03 pmJuly 16, 2022 - 10:10 am by Nick R. Hamilton

The price of copper, widely considered a barometer to predict a global recession, has plummeted in an ominous sign for the world economy.

Categories Economy Tags Business, News Leave a comment

Defaults to Soar amid ‘Extremely High’ Recession Risk and Rising Borrowing Costs

July 15, 2022 - 10:57 amJuly 15, 2022 - 10:10 am by Nick R. Hamilton

Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an “extremely high” risk of recession, a group of finance industry leaders is warning.

Categories Economy Tags Business, Credit, Federal Reserve, Inflation, Jerome Powell, News Leave a comment

Twitter Back Online for Many Users after Suffering Global Outage

July 14, 2022 - 12:16 pmJuly 14, 2022 - 7:10 am by Nick R. Hamilton

Twitter was coming back online on Thursday after an hour-long outage kept thousands of users across the globe from accessing the social media website.

Categories Economy Tags Business, News 1 Comment

Elon Musk Increasing Childcare Benefits at His Companies to Tackle ‘Underpopulation Crisis’

July 13, 2022 - 10:10 am by Nick R. Hamilton

Tech entrepreneur Elon Musk has announced that he is significantly increasing childcare benefits at his companies as part of his plan to help tackle the “underpopulation crisis.”

Categories Economy Tags Birth Rate, Business, Elon Musk, News Leave a comment

Truth Social CEO Devin Nunes: Musk Figured Out Twitter Is ‘Just a Global PR Wire’

July 12, 2022 - 1:11 pmJuly 12, 2022 - 10:10 am by Nick R. Hamilton

Truth Social CEO Devin Nunes has weighed in on the Twitter buyout deal falling through, noting that Elon Musk realized that the social media giant is “just a global PR wire.”

Categories Economy Tags Business, Devin Numes, Elon Musk, News, Truth Social, Twitter Leave a comment

Air Transport Association Chief Warns Flights to Get More Expensive: ‘Without a Doubt’

July 11, 2022 - 11:39 amJuly 11, 2022 - 10:10 am by Nick R. Hamilton

The cost is air travel is going to continue increasing with flight prices expected to soar, the International Air Transport Association (IATA) chief has warned.

Categories Economy Tags Air Travel, Business, Fuel, News, Oil, Oil Prices Leave a comment

Face-Recognition Technology Puts SoftBank Between China and US

July 10, 2022 - 1:01 pmJuly 10, 2022 - 10:10 am by Nick R. Hamilton

A SoftBank-owned company is thriving by offering face-recognition technology that is fuelled by a blacklisted Chinese firm.

Categories Economy Tags Business, China, News, SoftBank Leave a comment

Economist Who Correctly Predicted Inflation Is Now Predicting More to Come

July 9, 2022 - 1:34 pmJuly 9, 2022 - 9:10 am by Nick R. Hamilton

The economist who correctly predicted today’s inflation is now warning that there’s more to come.

Categories Economy Tags Business, Economist, Economy, Inflation, News 2 Comments

Working from Home to Be a Legal Right in the Netherlands

July 8, 2022 - 12:55 pmJuly 8, 2022 - 10:10 am by Nick R. Hamilton

Lawmakers in the Netherlands have moved to make working from home a legal right, according to reports.

Categories Economy Tags Business, Netherlands, News, Work Leave a comment

US Sanctions Network for Selling Iranian Oil to China

July 7, 2022 - 1:06 pmJuly 7, 2022 - 10:10 am by Nick R. Hamilton

The United States government has sanctioned an international network of companies accused of violating oil sanctions placed on Iran.

Categories Economy Tags Business, China, Iran, News, Oil 1 Comment
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