The amount of goods and services consumers bought among the 20 countries sharing the euro currency ticked down by 0.1 percent in October, despite a survey of consumer confidence that found consumers to be more optimistic than at any time since February.
The CEOs of Goldman Sachs and Morgan Stanley are among U.S. financial industry leaders warning that the country’s equity markets are increasingly likely to see a sharp correction.
U.S. President Donald Trump, who is famous for clashing with what he has called the “fake news” media, has been benefiting from a useful relationship with a consortium of social media titans, billionaires, and primary alternative media sites to amplify his message.
Mortgage rates as low as 4 percent are still not motivating enough buyers to commit to home ownership, indicating the American housing market has more troubles than just too-high interest rates, The Wall Street Journal reported.
Zohran Mamdani, the 34-year-old mayor-elect of New York City, has vowed to turn the city’s business and political establishment on its head, but his first move after being elected was picking an all-women transition team filled with establishment insiders.
At least 69,179 Palestinians have been killed by Israel inside Gaza since October 2023 and 170,693, have been injured.
Retailers will hire 265,000 to 365,000 seasonal workers this holiday season, the fewest since at least 2010, according to the National Retail Federation (NRF). Last year, stores took on 422,000 temps as holiday help.
Last month, households and businesses filed 54,019 bankruptcy claims, up 12 percent year on year and 8 percent from September, according to Epiq, a leading bankruptcy tracking service.
America has been backsliding into kleptocratic territory for years now, but this may finally be it.
There are moments in every age when humanity pauses, looks at its own inventions, and wonders whether it has gone too far. We stand in such a moment now.