Economy And Business

The criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering its final phase

The international agency foresees high interest rates until the end of 2024 due to persistent inflation and a resilient economy

The index showed that prices rose 0.4% from March to April. That was much higher than the 0.1% rise the previous month

Founded in 2016, the company sought FDA permission in 2022 but the first application was rejected

Farley said the agreement is a huge move for the auto industry and all electric vehicle customers. Musk said he didn’t want Tesla’s network to be a “walled garden”

Both President Joe Biden and House Speaker Kevin McCarthy are speaking hopefully of the likelihood of an agreement to raise the government’s debt limit and avert an economically chaotic federal default

The rating agency Fitch has put the nation’s credit on ‘Rating Watch Negative,’ which amounts to a warning that it might downgrade the nations’ credit as a result of the debt ceiling impasse

Gross domestic product grew at a 1.3% annual rate from January through March, compared to a previous government estimate of 1.1%

Palantir, a firm co-founded by the billionaire, has seen its share price soar since it announced the creation of AI software capable of managing warfare scenarios

The British economist talks to EL PAÍS about how the economy shapes politics, the green energy transition, and what artificial intelligence means for the future of work

The global tug-of-war is measured in nanometers. Economic and military might increasingly depend on high-end semiconductors, 90% of which are produced in Taiwan. The U.S., China and the EU are making moves to avoid losing the battle

Without a political agreement between the Republicans and Democrats, the risk of default looms large, while shocks are guaranteed across the global market. Financial experts are advising clients to buy gold and keep cash on hand

Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week

More and more A-listers are looking for a way to redistribute their wealth and associate themselves with values such as authenticity by becoming involved with the spirits industry, where the presence of women is still rare

Incoming president Santiago Peña, of the Colorado Party, is promising to create half-a-million jobs in a country that has very low tax rates and a high concentration of power in the hands of large landowners

The cars are not equipped with push-button ignitions and immobilizing anti-theft devices. That has allowed thieves to easily steal them using just a screwdriver and a USB cord

The German sportswear brand said recipients will include the Anti-Defamation League, which fights antisemitism and other forms of discrimination, and the Philonise & Keeta Floyd Institute for Social Change

Powell noted that turmoil in the banking sector will likely cause banks to reduce the pace of lending: ‘As a result, our policy rate may not need to rise as much as it would have otherwise to achieve our goals,’ he said

Republican Rep. Garret Graves of Louisiana says gaps remain in the negotiations with the White House. Graves says it’s ‘just not productive’ to continue discussions at this point

President Joe Biden and McCarthy both tapped their top representatives to press for results ahead of a deadline as soon as June 1. That’s when the U.S. could run out of funds to pay its obligations, sparking an economic crisis

Many Fed watchers have expected the central bank’s officials to forgo another increase in their benchmark rate when they next meet in mid-June

The U.S. economy has added jobs at a breakneck pace despite interest rates that have been rising for more than a year and fears of a looming recession

The settlement stems from a lawsuit claiming that the German lender should have seen evidence of sex trafficking by Jeffrey Epstein when he was a client