The inflation data arrives as the Federal Reserve weighs another rate hike.

Retailers large and small say they’re struggling to contain an escalation in store crimes — petty shoplifting to organized sprees of large-scale theft that clear entire shelves of products. Target last week said it was bracing to lose half a billion dollars this year because of rising theft. Nordstrom, Whole Foods and some other big chains said they were abandoning San Francisco because of changing economic conditions or employee safety. Many other retailers have blamed crime for closing stores.

Meet Laurence Douglas Fink, also known as Larry Fink, the current chairman and CEO of BlackRock, the world's largest asset management firm. In this gripping video, we take you on a journey into the vast reach and impact of BlackRock, a financial titan that holds the key to shaping economies and the world. We will unravel the Dominator that is Larry Fink, the mastermind behind this financial empire. You'll be able to understand how BlackRock managed to become this powerful under Fink's management while keeping it low.

There’s something about the phrase “price controls” that drives some people — mainly economists — around the bend. But history shows that market economies rarely go very long without needing some form of price control — especially in a crisis.

Mexico’s unemployment rate hit a historic low of 2.7% in February, according to figures published today by the National Institute of Statistics and Geography (INEGI). The INEGI’s National Employment and Occupation Survey (ENOE) shows that unemployment in February was a full percentage point lower than the same month in 2022, and 0.1% lower than in January this year.

On March 14, 2023, Euro Pacific Capital CEO Peter Schiff posted a tweet about Bitcoin that sparked a debate within the crypto community. Schiff tweeted that Bitcoin had surged by 20% after a long-awaited change in direction from the Federal Reserve, but he also pointed out that gold had only risen by 2.5%. Schiff went on to suggest that the fact that Bitcoin had experienced a larger increase did not mean that it was a better anti-inflation tool than gold.

Economist Nouriel Roubini paints a bleak future for a world facing ‘megathreats’ – including global economic meltdowns.

Advertisements are a scourge upon society, the environment, and ultimately ourselves. They are among the worst that capitalism has to offer. Why not get rid of them?

Falling prices are welcome news, but latest reading is still far higher than the Federal Reserve’s annual target rate of 2% inflation

A provision in the Inflation Reduction Act that allows Medicare to negotiate prices on the costliest prescription drugs each year will likely save the U.S. billions of dollars — as long as the drug industry doesn't interfere, according to a study published Friday in JAMA Health Forum. Beginning in 2026, Medicare will begin negotiating the price of 10 drugs that cost the federal government the most money, followed by 15 more drugs in 2027, another 15 drugs in 2028, and another 20 drugs in each subsequent year.

The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong

How the cult of consumerism ushered in an era of badly made products.

Three FTSE 100 companies - HSBC Holdings, Unilever, and BP - have been named as members of a “dirty dozen” of high-profile multinationals still heavily

Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.

The trend to move back in with mom and dad is pushing up discretionary spending

A worldwide recession is just around the corner as central banks boost borrowing costs aggressively to tame inflation — and this time, it will ignite more market turbulence than ever before, according to BlackRock.

How’s the economy doing? Depends where you look. Seriously.

South Korea is facing a complex balancing act as it finds itself positioned in the middle of an intensifying tech war between the United States and its biggest semiconductor chip trading partner China. The South Korean government has reached a decision internally to join the US-led Chip 4 alliance, and is coordinating the right timing to announce it, an anonymous Korean government insider recently told local media.

Soaring corporate profits are being blamed for fuelling inflation, as figures show companies in Australia are enjoying sky-rocketing profits despite the pandemic.

Three business models embraced by firms born after the dotcom crash of 2001—and subsequently by investors—are losing steam: the movers (which shuttle people or things around cities), the streamers (which offer music and tv online) and the creepers (which make money by watching their users and selling eerily well-targeted ads).