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5 mins read
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
2 mins read
Oil prices to remain stable in India, country has various crude supply options: Union Minister Hardeep Puri
Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the coun…
2 mins read
First air, now water: Delhi in for water shortage until November 1 due to high ammonia levels in Yamuna river
Maintenance on the Upper Ganga Canal has forced two major water plants to rely on the polluted rive…
3 mins read
Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.
In February 2023, Putin publicly rejected the idea that Russia was focusing on "guns instead of but…
Matthew Loh
5 mins read
AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.
Housing policy experts say a Democratic effort to get the federal government to build 'social housi…
Eliza Relman
7 mins read
A battle over the future of US retirement is playing out in Pennsylvania as the election looms
Pennsylvania is among the top states with the fastest-growing older population. It sets the stage f…
Ayelet Sheffey
5 mins read
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
5 mins read
America's chipmaking push will continue no matter who gets elected
US efforts to increase the production of semiconductor chips will continue under either a Harris an…
Jacob Zinkula
4 mins read
Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
TSMC's US chip production for Apple is "a success story," said an analyst. And it's key to the Bide…
Jacob Zinkula,Alistair Barr
7 mins read
Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages
The cloud giant's predicament highlights broader tech industry challenges as generative AI upends t…
Eugene Kim
5 mins read
The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
Biden has said he won't stop the dockworker's strike. But if the strike stretches on for weeks, it …
Juliana Kaplan,John L. Dorman
2 mins read
Dockworkers strike could compound supply-chain problems for Boeing and Airbus
Boeing could face more strike disruption as its 787 plant receives some parts via the ports, while …
Pete Syme
3 mins read
The US dockworkers strike is here, and it's impacting more than just packages
The US port strike could have far-reaching impacts on the economy. Here's what a prolonged standoff…
Alex Bitter
9 mins read
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
2 mins read
India to face evening power shortages by 2027 if electricity demand continues to grow, warns IECC
The evening power shortages are likely even if all currently under-construction thermal and hydro c…
ANI
7 mins read
What office meltdown? Developers see a shortage of high-end space and are rushing to build it.
Tenants like Citadel, JPMorgan, and Meta have sought new top tier offices. Little of it has been bu…
Daniel Geiger
2 mins read
Half of renters live somewhere they can't afford
For decades, financial advisors and the federal government have recommended that Americans spend no…
Eliza Relman,Noah Sheidlower
1 min read
The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says
Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…
Jennifer Sor
2 mins read
'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says
A new study finds that dorm-style housing could be a cost-effective route for office conversions, a…