FINANCE
A board member of the Bank of Japan said on Sept. 5 (Thursday) that if companies continue to increase spending and wages, the nation's central bank would keep raising interest rates. "If inflation moves roughly in line with forecasts, and companies continue to boost spending, wages and pass on costs
Intel Granted $3.2 Billion for New Chip Plant in Israel
JERUSALEM — Israel's government agreed to give Intel a $3.2 billion grant for a new $25 billion chip...
Driven by Post-Pandemic Rebound, US Oil Giants Spent $250 Billion in 2023
HOUSTON — The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies...
Beijing Deploys Propaganda to Cover up China’s Rapid Economic Decline
Worsening economic figures, rising political instability, and intensifying crackdowns by the Chinese...
Are Japan’s Abandoned Houses Turning Into Goldmines? Why Investors Are Reviving the Rural ‘Akiya’ Gems
Parts of Japan's countryside, dotted with old, abandoned homes, are witnessing a notable transformation...
High Rental Costs Worsened US Consumer Inflation in November
WASHINGTON, D.C. — U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline...
Italy Breaks Ranks With G7, Announces Departure From China’s Belt and Road Initiative
On Dec. 7, Italy’s Prime Minister Giorgia Meloni announced that her country would withdraw from China's...
Moody’s Lowers Outlook on China’s Credit Rating, Citing Increased Debt Risks
In a significant move that reflects growing concerns over China's financial stability, leading financial...
AI Wars: Sam Altman Returns to Helm OpenAI Amid Unprecedented Employee and Investor Support
In a dramatic turn of events, Sam Altman has been reinstated as the CEO of OpenAI, just days after his...
IRS Delays Implementation of Rule Forcing Payment Platforms to Issue Tax Forms for Transactions Over
On Nov. 21, the Internal Revenue Service (IRS) announced it was again delaying the implementation of...