2021-04-07 Forbes: 493 New Billionaires, 40 Got Rich Fighting COVID
The coronavirus pandemic caused factories to close, forced people out of work and resulted in economic recessions for much of…
2021-02-09 Tesla Says It Will Accept Bitcoins for Car Payment
American carmaker Tesla said on Monday that it had invested around $1.5 billion in bitcoin, an internet-based form of money.…
2021-01-20 China Reports 2020 Economic Growth After Strong Last Quarter
China’s economy picked up speed in the fourth quarter of 2020 to end the year with a growth rate of…
2021-01-15 Biden Proposes $1.9 Trillion Plan to Fight COVID-19, Help Economy
President-elect Joe Biden is proposing a coronavirus action plan that centers on mass vaccination in the United States and more…
2020-11-24 Should Europe’s Economies Re-open for Christmas?
The Christmas season has always been important for the economy. Stores, hotels and travel businesses usually make their money at…
2020-11-19 US Government Ends Boeing 737 MAX Flight Ban
After two deadly crashes and nearly two years of investigation, the Federal Aviation Administration (FAA) has cleared Boeing’s 737 Max…
2020-10-16 World Bank Approves $12 Billion to Finance Coronavirus Vaccines, Care
The World Bank has approved $12 billion in financing to help poor countries buy and give out coronavirus vaccines, tests…
2020-10-15 US, Britain Fight Foreign Bribery, But Most Nations Do Very Little
A new report rates the United States and Britain as the largest exporters most active at enforcing rules meant to…
2020-10-05 Vietnam’s Economic Hopes Fade as COVID-19 Takes Away Business
Vietnamese officials have lowered expectations for their country’s normally fast-growing economy in 2020. The officials noted that weakness in the…
2020-10-05 With Few Foreign Visitors, Egypt’s Economy Suffers
At the Pyramids of Giza, a few tourists walk among Egypt’s ancient wonders. At Red Sea resorts, visitor numbers are…
2020-09-21 UN: Coronavirus Pandemic Causes 65% Drop in International Travel
A new report says the coronavirus pandemic caused a 65 percent decrease in international travel during the first six months…
2020-09-08 Coffee, Ketchup, Nike Air Max: It’s the COVID Consumer Economy
Instant coffee mix and Nike Air Max footwear are all in. Bottled water and high-end Burberry trench coats are out.…
2020-07-31 US Economy Shrinks at Sharpest Rate Since Great Depression
The United States economy shrank at a yearly rate of 32.9 percent between April and June of this year. It…
2020-07-31 US Records Lowest Energy Use in 30 Years
Government officials say the United States is using less energy than it has in thirty years. The officials noted that…
2020-07-26 COVID-19 Leaves Nearly 1 Million Vietnamese Unemployed
Vietnam has reported big success in limiting the spread of COVID-19 inside the country. But the worldwide pandemic has left…