Business
Average age of first time buyer climbs to 34
Rising property prices, stagnating wages, and shifting demographics have combined to create a formidable barrier for young people seeking to enter the housing market, with the …
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Business
Markets, economies, and the people driving global commerce.
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Business
As War Chokes Natural Gas Supply, Asia Turns Back to Coal
Russia’s invasion of Ukraine has sent shockwaves through the global energy market, but nowhere is the impact more pronounced than in Asia, where a severe shortage of …
Business
Arizona Files Criminal Charges Against Kalshi, the Prediction Site
A dramatic escalation in the ongoing battle between US states and prediction markets unfolded on Tuesday, as Arizona filed criminal charges against Kalshi, a prominent online …
Business
After Pulling Back, Oil Prices Resume Their Rise
Global commerce is facing a perfect storm as oil prices have resumed their ascent, exacerbating the already fraught shipping routes that crisscross the Middle East. The recent …
Business
Nvidia Debuts New A.I. Product at GTC Developer Conference
As the curtains drew open at the annual GTC Developer Conference, Jensen Huang, the charismatic CEO of Nvidia, took to the stage to unveil the company’s latest innovation: a …
Business
Oil Tops $106 a Barrel as Worries Persist About Global Supplies
Rising tensions in the Middle East have sent shockwaves through the global energy market, with oil prices surging to their highest level in years. As the conflict enters its third …
Business
War in Iran Has Grounded Gulf Airlines Like Emirates
War has erupted in Iran, sending shockwaves through the global aviation industry and bringing the region’s thriving airline sector to a grinding halt. Emirates, Qatar …
Business
For Trump, a Promised Economic Boom Collides With the Costs of War
Global economic prospects, once buoyed by a decade-long expansion, are facing a significant threat as the United States’ conflict with Iran escalates, casting a shadow over …
Business
California’s Billionaire Tax Battle
California’s wealthiest residents are engaging in a high-stakes battle to prevent a proposed tax on their vast fortunes, with millions of dollars being poured into lobbying …
Business
Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
Pakistan’s economy is on edge as a surge in global oil prices threatens to derail the country’s already fragile financial stability. With the holy month of Ramadan …