Tag: Breaking News: Economy
Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMIn Saudi Arabia's northwestern desert, a sprawling construction site replete with cranes...
Can Starbucks fix long lines at its airport cafes?
Customers wait in a long line at a Starbucks cafe in a terminal at Miami International Airport, in Miami, Dec. 12, 2022.Jeff Greenberg...
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7,...
Trump might name Kevin Warsh as Treasury chief then Fed chair...
Kevin WarshJin Lee | Bloomberg | Getty ImagesPresident-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately sending him off...
McDonald’s preparing a 2025 ‘McValue’ offering
A McDonald's is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024.Michael M. Santiago | Getty ImagesMcDonald's is...
Wholesale prices rose 0.2% in October, in line with expectations
A customer shops in the ready to eat meals aisle of a grocery store on October 17, 2024 in Miami, Florida. Joe Raedle |...
Annual inflation rate hit 2.6% in October, meeting expectations
Inflation perked up in October though pretty much in line with Wall Street expectations, the Bureau of Labor Statistics reported Wednesday.The consumer price...
Yields on cash are still ‘well ahead of inflation,’ expert says....
Nopphon Pattanasri | Istock | Getty ImagesInvestors have been able to get the best returns on cash, as the Federal Reserve raised interest...
Steve Madden to slash China sourcing by as much as 45%...
The logo of the label Steve Madden at the fashion fair Premium. ens Kalaene | Picture Alliance | Getty ImagesSteve Madden said Thursday that...
Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax...
President-elect Donald Trump likely will return to cornerstones of his previous economic platform such as tariffs, lower taxes and sanctions when he assumes...
