Economy

Urbanization has become one of the defining trends of the 21st century, with more than half of the global population now residing in cities. According to projections by the United Nations, this trend is only set to intensify, with an…

The Senior Citizens League, a nonpartisan, non profit organization for seniors, projected a 1.75% cost-of-living adjustment (COLA) for Social Security in 2025 based on the January consumer price index report.  This anticipated increase…

In 2024, Social Security payments received a 3.2 percent increase due to the annual cost-of-living adjustment (COLA).  However, numerous seniors are expressing dissatisfaction, arguing that this adjustment does not adequately offset the…

Tesla, the pioneering electric vehicle manufacturer, appears to be gearing up for potential layoffs as it instructs its managers to pinpoint essential members within their teams.  According to a recent report from Bloomberg, managers in…

In mid-2022, the business world witnessed an unusual executive hire by advertising giant Publicis Groupe SA – a lion-headed digital avatar named Leon, appointed as the chief metaverse officer. However, Leon's moment in the spotlight was…

Federal Reserve Chair Jerome Powell enters the upcoming Federal Reserve meeting with an unexpectedly positive economic landscape.  The inflation rate is nearing the Fed's target, the economy is robust, consumer spending remains strong,…

Cryptocurrency firm Terraform Labs, based in Singapore, has filed for Chapter 11 bankruptcy protection in the US less than two years after a major collapse in the company's cryptocurrency severely impacted global investors.  The filing,…

Jobseekers gearing up for the challenges of 2024 may find themselves navigating a more cautious and competitive labor market. LinkedIn's recent research highlights the evolving landscape, suggesting that some roles offer brighter…