EDITOR’S ANALYSIS Biden is struggling to convince voters of his economic credentials despite strong growth and low unemployment. United States President Joe Biden has hailed the US economy as the “envy of the world” as he seeks to assuage voters’ doubts about his economic stewardship in an election year. In…
For the first time, clean energy in the United States is at the same price as energy from burning fossil fuels thanks to policy measures, including President Joe Biden’s signature climate legislation, the Inflation Reduction Act (IRA). But a new report says non-cost barriers are now slowing the country’s transition…
Airport workers and train drivers take action to demand more pay to offset soaring inflation in the country. Massive industrial action has paralysed air and rail travel across Germany as striking workers walked off the job to demand better pay to cope with the rising cost of living. Thursday’s walkouts…
The US economy is remarkably strong. But, borrowing costs are high and many Americans can’t afford to buy a home. The American economy is booming. Inflation is down, the job market is strong and wages are rising. Yet, many people in the US do not feel better off now than…
Doha, Qatar — Israel must stop its war on Gaza, and the world needs to drop its “double standards” over the killings in the besieged enclave, Nigeria’s Foreign Minister Yusuf Tuggar told Al Jazeera. Tuggar was visiting Qatar as part of a delegation led by Nigerian President Bola Ahmed Tinubu….
Ex-CEO Parag Agrawal and other top executives accuse Musk of believing ‘rules don’t apply to him’. Former top Twitter executives, including ex-CEO Parag Agrawal, have sued Elon Musk seeking more than $128m in unpaid severance. In the lawsuit filed in a San Francisco court on Monday, the four former executives…
Bengaluru, India — After years of working at a salon in Bengaluru, Shakeela Banu made a major life change in 2018 and joined Urban Company (UC), an app-based home services platform that has more than 52,000 workers across Indian cities, one-third of whom are women. At first, Banu was happy…
Short-term spending bill averts shutdown of agencies that would have kicked in on Saturday. The United States Congress has approved a short-term spending package to avoid a government shutdown, the fourth such stopgap measure in several months. The bill, which passed the Senate in a bipartisan 77-13 vote, provides funding…
Company to try raising and lowering prices throughout the day based on demand, prompting backlash. Wendy’s, a United States fast food chain, is looking to test having the prices of its menu items fluctuate throughout the day based on demand, a strategy that has already taken hold with ride-sharing companies…
Aveiro, Brazil – The flames roared higher than a hundred feet, sending smoke billowing across the jungle. Boars scattered from the underbrush. Toucans shot from the trees. And thousands of acres of Amazon rainforest soon crumbled into ash. It was 1928, and a vast stretch of land in north-central Brazil…
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