The House approved a $1.9 trillion pandemic relief bill that was championed by President Joe Biden, the first step in providing another dose of aid to a weary nation as the measure now moves to a tense Senate.
Global military spending, driven in part by Chinese naval expansion, reached record levels in 2020 despite the impact of the coronavirus pandemic and ensuing economic contraction, a British think-tank said Thursday.
GameStop Corp shares surged more than 50% in early deals on Thursday as amateur investors jumped back into the stock weeks after an unprecedented short squeeze triggered a 1,600% rally in the video game retailer.
Digital platforms have soared five-fold over the past decade, offering opportunities to some but also eroding workers' rights, the International Labour Organization (ILO) said Tuesday.
The U.S. stock market has so far digested a surge in Treasury yields, but some investors are worried that a continued ascent could prove more problematic.
Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalisation of $1 trillion, blithely shrugging off analyst warnings that...
Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street set new records on continued confidence of Covid-19 recovery.
Britain on Sunday downplayed the risk of the European Union taking business away from the City of London after Brexit, saying the real challenges come from...
The exchange rate of the Lebanese pound against the dollar remained unchanged on the black market Monday, trading for around LL9,650
Most Lebanese banks might able to increase their capital by 20 percent on Feb. 28 and may partially be able to repatriate part of the 3 percent liquidity from...
State-owned Saudi Arabian Airlines (Saudia) plans to order 70 airliners from Airbus and Boeing, Saudi news outlet Maaal reported on Monday, citing...
Egypt will start registering millions of gig workers in order to offer them health insurance and emergency state aid during the coronavirus pandemic
Britain's coronavirus-ravaged economy slumped by 9.9% in 2020, the biggest annual crash in output in more than 300 years, but it avoided heading back towards...
The number of Americans filing new applications for unemployment benefits fell slightly last week as the labor market continued to tread water, but a drop in...
Tesla boss Elon Musk is a poster child of low-carbon technology.
Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it...
Bitcoin jumped more than 10% on Monday to a record high after Tesla said it had invested $1.5 billion in the most popular cryptocurrency last month.
As the trading frenzy in GameStop Corp shares and other social media favorites recedes, investors are eyeing signs of potential market stress that could weigh...
U.S. Treasury Secretary Janet Yellen said on Sunday that it is too soon to say whether new policies or regulations are needed to deal with recent market...
President Joe Biden's drive to enact a $1.9 trillion coronavirus aid bill gained momentum on Friday as the U.S. Senate narrowly approved a budget blueprint...
British new car registrations slumped to their lowest January level since 1970 as lockdown measures shut showrooms, an industry body said on Thursday.
A social media-driven trading cooled on Wednesday as U.S. Treasury Secretary Janet Yellen called a meeting of top officials that could result in tougher...
GameStop shares sold off for a second day on Tuesday and a silver-buying spree led by small investors subsided as the Reddit-driven trading frenzy that has...
With social media prognostications about Bitcoin or GameStop, Elon Musk has ventured further away from his own businesses and become more like a Wall Street...
Silver broke above $30 an ounce for the first time since 2013 on Monday as an army of retail traders stormed into the metal, switching their focus from...
Wall Street's retail trading frenzy has distorted markets, global hedge funds industry body AIMA said on Monday, adding it was concerned that lawmakers were...
Steep gains in shares of GameStop Corp and other stocks this week have been described as populist market revolts.
The U.S. economy contracted at its sharpest pace since World War Two in 2020 as the COVID-19 pandemic depressed consumer spending and business investment,...
Four times as many jobs were lost last year due to the coronavirus pandemic as during the worst part of the global financial crisis in 2009, a U.N. report...
President Joe Biden plans to sign on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration...
UK department store chain Debenhams is to shut all its outlets, administrators for the collapsed group said Monday, with the loss of around 12,000 jobs.
Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation.
European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry.