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According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances...
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the...
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US...
In 1946, President Harry Truman proposed buying Greenland for $100 million in gold, recognizing its strategic importance in the early Cold War. The offer...
Gold prices rose on Thursday as increased safe-haven demand supported sentiments for the yellow metal. Uncertainty about US President-elect Donald Trump’s trade tariff plans...
A fast-moving wildfire freshly tore through the Hollywood Hills early Thursday, threatening a region synonymous with the American film industry. The blaze added to...
In December 2024, Mexico’s annual inflation rate dropped to a nearly four-year low of 4.21%, representing a notable decline of 0.34% from 4.55% in...
Several major tech companies and executives are making donations to President-elect Donald Trump’s inauguration fund, signaling a shift in tone as his second term...
MicroStrategy (MSTR) has become the poster child for Bitcoin investment, with its shares surging over 450% in the past year, outperforming Bitcoin itself, which...
Federal Reserve officials at their December meeting expressed concern over inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they...
For decades, alcohol sales have provided restaurants with high-margin income, often accounting for up to 30% of total revenue in fine dining. Unlike perishable...
The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a last-minute effort to limit China...
China’s inflation data for December has raised fresh concerns over deflationary pressures, underscoring the persistent challenges facing the world’s second-largest economy as it grapples...