Israel announced last week that it plans on moving displaced Palestinians in Rafah to so-called humanitarian islands in the central part of the country as it carries out its next offensive inside the southern city where over 1.4 million people have been cramped and slaughtered for over a month.
Pro-Israel moneymen who have already targeted top U.S. colleges like Harvard and the University of Pennsylvania with lawsuits over antisemitism on campus said they have their knives out for additional schools.
The American Israel Public Affairs Committee, or AIPAC, has all but laid out its blueprint on how the messaging should be in Washington about the ongoing genocide campaign in Gaza—as politicians that the group has in its pocket—face more criticism at home about the support.
Oil futures fell last week in parallel with China’s declining imports and a generously supplied market.
New borrowing among the world’s richest countries will reach a record $15.8 trillion this year, according to the 38-member Organization for Economic Cooperation and Development (OECD). The nations’ total debt will reach $56 trillion this year, up from $54 trillion in 2023, it projected.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
The value of U.S. imports increased 1.1 percent in January while exports ticked up just 0.1 percent, widening the trade deficit by 5.1 percent over December’s gap to $67.4 billion, the most since April 2023 and larger than economists had forecast.
The pace of wage growth slowed in February and unemployment rose slightly to 3.9 percent, strengthening convictions that inflation will fall to the U.S. Federal Reserve’s 2-percent target without tipping the country into a recession.
In February, U.S. employers announced plans to cut 84,638 workers, 3 percent more than in January and 9 percent more than a year earlier, outplacement firm Challenger, Gray & Christmas reported.