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Economy

Biden Brings His Economic Plan to Colorado, Confronts Republicans Who Support ‘MAGA’ Agenda

Preparing for his potential reelection in 2024, American President Joe Biden highlighted his “Bidenomics” plan on Wednesday, emphasizing his goal to strengthen the economy “from the ground up and from the middle out.” He contrasted this approach with that of…

Could Artificial Intelligence Take Your Job?

A recent report found that the majority of jobs in the United States, such as truck driving, childcare, and software development, require skills that can be performed or enhanced by generative artificial intelligence (GenAI). GenAI is a form of AI…

Customers are clicking the ‘Buy’ button as retailers lower prices in preparation for Cyber Monday.

According to data gathered by third-party retailers, American holiday shoppers are actively looking for the top bargains and strategically taking advantage of the biggest discounts before Cyber Monday. The day after Thanksgiving, commonly referred to as Cyber Monday, is recognized…

Russian shoppers are feeling the pressure as inflation remains high.

MOSCOW —  The produce and meat sections at supermarkets in Moscow are well-stocked, but numerous customers are disheartened by the high prices caused by inflation. The Central Bank of Russia has increased its primary interest rate on four occasions this…

American retailers are providing major discounts for Black Friday, but the question remains: Will consumers actually make purchases?

NEW YORK —  Anticipate significant price reductions and additional incentives to attract customers to brick-and-mortar stores on Black Friday. However, merchants are concerned that these tactics may not be sufficient. Customers are facing increased stress as their savings decrease and…

Most Asian markets are experiencing a decline, while both Japan and the US markets are closed.

BANGKOK —  Stocks in Asia mostly declined on Thursday following a slight increase on Wall Street, maintaining the market’s momentum for a fourth consecutive week. The markets in Japan and the United States will be closed on Thursday due to…

Nigeria is anticipating a positive economic growth as a result of recent investment agreements.

ABUJA, NIGERIA —  Bola Tinubu, the President of Nigeria, is pleased to announce the implementation of new trade deals with Germany. This includes an agreement that requires Nigeria to export liquid natural gas. The Tinubu-led administration has been busy securing…

A major cryptocurrency platform has been penalized $4 billion for enabling money laundering, with the CEO admitting guilt.

WASHINGTON —  The United States government inflicted a significant setback on Binance, the biggest digital currency exchange globally. On Tuesday, its founder and CEO Changpeng Zhao admitted to a felony charge for not stopping money laundering on the site and…

The label “Russia’s backyard” is being rejected by the newly assertive countries of Central Asia.

WASHINGTON —  During a briefing on November 9 in the capital of Kazakhstan, President Kassym-Jomart Tokayev surprised Vladimir Putin and his group by speaking to the Russian president in his native language. Although Tokayev only spoke in Kazakh for a…

Iranian legislators approve legislation to increase the retirement age for men.

TEHRAN, IRAN —  According to state media, legislators in Iran have passed a law that raises the retirement age for men to 62 and increases the number of years of work needed to receive a full pension. According to the…