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UN chief says fossil fuels 'incompatible with human survival,' calls for credible exit strategy
UN chief says fossil fuels 'incompatible with human survival,' calls for credible exit strategy
The head of the United Nations attacked fossil fuel companies Thursday, accusing them of betraying future generations and undermining efforts to phase out a product he called “incompatible with human survival.”
2023-06-16 01:20
Markets and consumers are in an upbeat mood. Here's why
Markets and consumers are in an upbeat mood. Here's why
Stocks and consumer sentiment are rising in tandem after slumping last year, in another sign of growing optimism that the economy could dodge a recession.
2023-07-21 19:56
Wall Street Is Talking About Unions More Than Ever
Wall Street Is Talking About Unions More Than Ever
Labor is having a moment, and Wall Street has taken note. S&P 500 executives and analysts talked about
2023-11-10 21:50
Italy Finance Minister Defends New Bank Tax, Confirms 1% Growth
Italy Finance Minister Defends New Bank Tax, Confirms 1% Growth
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Italy’s finance
2023-09-03 22:48
Drug Companies Are Minting Billions on Unproven Treatments With FDA Shortcut
Drug Companies Are Minting Billions on Unproven Treatments With FDA Shortcut
When Exondys 51 was approved to treat Duchenne muscular dystrophy, a deadly disease that puts kids in wheelchairs
2023-05-15 07:16
US stocks are in the firing line if China's economy stalls further
US stocks are in the firing line if China's economy stalls further
Chinese economic activity has hit a soft spot in recent weeks and Hong Kong's equity markets have flirted with bear territory as a result.
2023-06-08 20:59
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default
2023-08-03 06:55
One in 10 Japanese Now Aged Over 80, Population Report Shows
One in 10 Japanese Now Aged Over 80, Population Report Shows
The over-80s for the first time accounted for more than 10% of Japan’s population, according to a government
2023-09-18 10:51
Brazil Energy Chief Piles Pressure on Petrobras to Pay Tax Debts
Brazil Energy Chief Piles Pressure on Petrobras to Pay Tax Debts
Brazil’s state-controlled oil company Petrobras must settle a dispute involving billions of reais in back taxes with the
2023-09-18 02:29
Factbox-Fed chief Powell's Jackson Hole history: The good, the bad and the ugly
Factbox-Fed chief Powell's Jackson Hole history: The good, the bad and the ugly
By Ann Saphir Jackson Hole, Wyoming Federal Reserve Chair Jerome Powell historically has come to the influential economic
2023-08-24 18:29
Airlines expect to make $10 billion this year despite economic slowdown
Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:26
Citadel’s Griffin Flies Asia-Based Staff to Disney in Tokyo
Citadel’s Griffin Flies Asia-Based Staff to Disney in Tokyo
Billionaire Ken Griffin paid for some 1,200 Asia-based staff and family members to travel to Tokyo’s Disney resort
2023-10-30 15:47