August's jobs report painted a mixed picture of the US economy, with some sectors booming while others struggled. Leisure and hospitality and healthcare and social assistance led the way, adding over 40,000 jobs each. But what does this tell us about the overall health of the economy? If these sec
As China grapples with slower economic growth, its affluent residents are rewriting their investment playbook. Instead of simply chasing returns, they're increasingly looking to move capital abroad and tap into business opportunities overseas. This shift is a 'very significant' trend, according to
In a recent analysis, the Penn Wharton Budget Model delved into the financial implications of several economic proposals put forth by former President Donald Trump. The slate of proposals, which includes extending key provisions in the 2017 tax reform bill, eliminating taxes on Social Security bene
In this business news roundup, Abercrombie & Fitch reports better-than-expected sales but sees a drop in stock price, Kohl's raises its full-year earnings outlook, Hyundai plans to double its hybrid car lineup, and more. Retail Abercrombie & Fitch's sales skyrocket, but investors remain unsatisfie
Saudi Arabia, the world's leading oil exporter, has experienced a significant decline in its oil revenue, reaching a three-year low in June 2024. According to data from the General Authority for Statistics, the kingdom earned 66.314 billion Saudi riyals ($17.683 billion) from oil sales in June, mark
In a recent American Greatness/TIPP survey conducted in Michigan, a staggering 64% of registered voters stated that they are worse off financially than they were four years ago during Donald Trump's presidency. This sentiment spans across party lines, with only 29% of respondents indicating that th
Antonio Delfim Netto, the legendary Brazilian finance minister who masterminded the country's economic boom in the late 1960s and early 1970s, has passed away at the age of 96. During his tenure as finance minister from 1967 to 1974, Mr. Delfim Netto served as the economic architect of the military
