Crisis-hit Sri Lanka’s acting president has declared a state of emergency across the island nation ahead of the parliamentary vote for the country’s new leader.
Retail sales in the United States saw a 1 percent rise in June but were down when the impact of inflation is taken into account.
The price of copper, widely considered a barometer to predict a global recession, has plummeted in an ominous sign for the world economy.
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.
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.
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.”
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.”
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.
A SoftBank-owned company is thriving by offering face-recognition technology that is fuelled by a blacklisted Chinese firm.
The economist who correctly predicted today’s inflation is now warning that there’s more to come.