Prolonged weakness in gold prices seems unlikely, say experts
A prolonged weakness in gold prices seems unlikely with long-term fundamentals remaining in favour of the yellow metal. Even as gold prices on COMEX have dropped 7% so far in…
Nearly 10 million Indonesians fall out of middle class since 2019
Indonesia’s middle class, once a symbol of the nation’s economic resilience, has suffered a severe contraction since 2019. According to the Central Bureau of Statistics, nearly 10 million people have…
Why millennials can’t afford a midlife crisis: earnings, inflation, and shifting priorities
Millennials are reshaping the narrative around midlife crises as financial realities and evolving values redefine what this pivotal life stage looks like. Born between 1981 and 1996, millennials face unique…
The many flavors of Ben & Jerry’s corporate activism
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…
Venezuelan bolívar loses 24% against the dollar in one year: here’s why
The Venezuelan bolívar has lost 24% of its value against the US dollar over the past year, exacerbating the country’s ongoing economic struggles. In the last eight weeks alone, the…
The many flavors of Ben & Jerry’s corporate activism
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…
Eyenovia to end eye drug study, cut 50% of its workforce
(Reuters) -Eyenovia said on Friday it will discontinue a late-stage study for its experimental drug-device combination to treat near-sightedness and cut about 50% of its workforce. Shares of the company…
Mexico budget proposal trims 2025 deficit, sees better growth
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister…
New Zealand inks ‘sustainable’ trade deal with Switzerland, Costa Rica and Iceland
SYDNEY (Reuters) – New Zealand signed a trade deal on Saturday with Switzerland, Costa Rica and Iceland to remove tariffs on hundreds of sustainable goods and services, in a move…
Will the Fed factor in Trump’s fiscal policy plans at its December meeting?
Investing.com – At a press conference following the Federal Reserve’s decision to slash interest rates by 25 basis points last week, Chair Jerome Powell noted that the potential economic policies of…