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4 mins read

There are 2 kinds of cities right now. It explains why you hate your downtown.

Some struggling downtowns are relying on tourism to bounce back from the pandemic. That might be a …

Eliza Relman   


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7 mins read

JD Vance's childcare plan ticked off some parents and grandparents. There's a way to fix it.

After JD Vance suggested grandparents help out more with childcare, many BI readers reached out exp…

Ayelet Sheffey,Juliana Kaplan…   


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2 mins read

Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says

Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% o…

Huileng Tan   


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2 mins read

Russians are freezing as Soviet-era infrastructure in the country crumbles —and Moscow keeps spending on war

Funding for public utilities made up just 2.2% of Russia's total expenditure in 2023. Meanwhile, Mo…

Huileng Tan   


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2 mins read

Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report

The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …

ANI   


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2 mins read

The possibility of stagflation hitting the US economy isn't off the table, JPMorgan chief Jamie Dimon says

JPMorgan Chase CEO Jamie Dimon said the worst outcome for the US economy is stagflation, and it isn…

Kelly Cloonan   


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6 mins read

American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back

As KFC and McDonald's struggle globally, they're driving hard into China with aggressive store expa…

Matthew Loh   


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2 mins read

3 reasons China's economy is poised to break out of its long slump, according to Goldman Sachs

China could see growth pick up this fall amid fiscal easing, strong export momentum, and subsiding …

Kelly Cloonan   


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3 mins read

Chinese shoppers are buying less than they used to but they're spending on experiences

China's property market was still struggling as April new-home prices fell at their fastest pace in…

Huileng Tan   


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2 mins read

Russia built a secret trade channel with India, leaked documents show

Russia planned to use its trove of rupees to covertly buy critical supplies in India, according to …

Filip De Mott   


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2 mins read

Reliance transforming itself into deep tech company: Mukesh Ambani at RIL AGM

Addressing the 47th AGM of RIL, Ambani said the ongoing tech-driven transformation of Reliance will…

PTI   


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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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1 min read

China's economy is still stuck in low gear

China's economy continues to face headwinds from a slowing real estate sector, with property invest…

Kelly Cloonan   


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2 mins read

Russia's economy is still raking it in, but many billions of dollars are stranded overseas

Russia's foreign financial assets rose $44.6 billion in the first seven months of this year, with a…

Huileng Tan   


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6 mins read

Biden's laws are pouring billions into new infrastructure, and it could be a rare opportunity to make communities safer and more sustainable

The US needs to invest trillions in infrastructure, civil engineers say. President Joe Biden has si…

Eliza Relman   


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2 mins read

Joe Biden's pre-election spending spree created an 'economy on speed,' economist says

Peter Morici said plenty of jobs have been created in healthcare, government, and social assistance…

Theron Mohamed   


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2 mins read

Nvidia drops to extend post-earning decline to 13% as questions linger around AI spending

JPMorgan said Nvidia's earnings results are the "antithesis of the dot-com era," but that its custo…

Matthew Fox   


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3 mins read

The noon-to-4 is the new 9-to-5 for driving commuters, but it's not helping traffic congestion

Traffic congestion is back after a reprieve during the first months of the pandemic. But it looks d…

Eliza Relman   


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2 mins read

It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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4 mins read

A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better

A boomer plans on moving back to the US when he retires because of Medicare benefits.

John Towfighi