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Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Stocks have shrugged off the banking turmoil. Haven’t they?

Bank failures are usually bad for business. A sickly banking system will lend less and at higher interest rates to companies in need of capital. A credit crunch will crimp economic growth […]

Welcome to a new era of petrodollar power

A pack of hungry headhunters has descended on Europe’s financial quarters. Over coffee in the mid-morning lull, they tempt staffers at blue-chip investment funds with tax-free jobs, golden visas and gorgeous vistas […]

Life is getting tough for borrowers. Where will the pain be felt?

After american regulators seized control of a collapsing Silicon Valley Bank (svb), the fallout felt unpleasantly familiar. The biggest bank failure since 2008 was swiftly followed by others. Signature Bank fell two […]

How the state could take control of the banking system

America’s banking conflagration may have died down, but the clean-up continues. Small and midsized banks have lost about $260bn in deposits this year. The Federal Reserve continues to plug much of the […]

Sudan paramilitary group offers return of Egyptian soldiers captured amid conflict – JURIST

The Sudanese paramilitary Rapid Support Forces (RSF) Saturday announced that they are prepared to return a group of captured Egyptian soldiers who were conducting training exercises in northern Sudan. The RSF stated […]

Three aid workers among 56 feared dead in Sudan violence – JURIST

Leaders of the two warring factions in Sudan have agreed to a three-hour ceasefire on humanitarian grounds Sunday, as the World Food Programme (WFP) announced that three of its aid workers are […]

After decades of stagnation, wages in Japan are finally rising

Kasahara yoshihisa, boss of Higo Bank, a lender in Japan’s south, beams with pride as he explains plans to lift wages. The firm’s workers will see a 3% boost, as well as […]

What luxury stocks say about the new cold war

Is it in Europe’s interests to follow America into a conflict over Taiwan? The suggestion by Emmanuel Macron, president of France, that perhaps it is not provoked anger on both sides of […]

Fintech

Google Pay error accidentally sends cashbacks up to $1072 to some Pixel phone users, here’s what happened, ET BFSI

A bug in Google Pay reportedly sent free money in cashback to some Pixel users. According to reports on Reddit, some Pixel users got money as random cashback rewards. This has happened […]

More and more Americans are gaming the deposit-insurance system

Imagine you are the dealer at a vast card table. There are 3,000 players, each of whom is holding a different number of cards. Some have thousands; others a handful. Each will […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST