A lot is riding on the AI boom, and it isn’t just the stock market surge. AI is being touted as an elixir for a number of serious economic challenges, according to Ruchir Sharma, chair of Rockefeller International. In a Financial Times column on Sunday, the market veteran pointed out that the “immigration boom-bust cycle”…
US President Donald Trump blames Democrats for looming federal layoffs as shutdown enters fifth day. Published On 5 Oct 20255 Oct 2025 Click here to share on social media share2 Share The White House has warned that mass layoffs of federal workers could begin if US President Donald Trump concludes that negotiations with congressional Democrats…
An internet-addicted, working-class teenager from a debt-ridden family in China has transformed himself into a top influencer with 25 million followers, creating a social media legend along the way. Lan Zhanfei, 33, has been dubbed “the freest man on the internet” and “the ambassador of freedom” thanks to the huge popularity of videos of him…
“Scrambling fighter jets is NATO’s job,” said a senior EU official. The EU’s “job is to be ready to be in the position we need to be when we have to respond — to enhance our readiness and have the tools to be able to react to threats when needed, reinforcing common tools and capabilities…
Taking out a loan for someone you love might seem like a gesture of trust and commitment — but if the relationship ends, you could be stuck with the debt. That’s exactly what happened to Lily, a woman from New York who called into The Ramsey Show to speak with hosts Ken Coleman and George…
Published On 8 Sep 20258 Sep 2025 Argentina’s markets have tumbled, with the peso currency at a historic low, after a heavy defeat for President Javier Milei’s party at the hands of the Peronist opposition at local elections stoked worries about the government’s ability to implement its economic reform agenda. On Monday, the peso was last…
If you’ve ever found yourself a few days away from payday with bills piling up, you’ve probably considered downloading a cash advance app. These apps promise a quick lifeline: $50, $100, sometimes even $500 in your account before your paycheck lands. But do they actually solve financial problems — or just push debt down the…
Chinese developer Road King Infrastructure Ltd. is suspending all offshore debt payments, a reversal from a couple of months ago when it said it expected to have enough cash to pay interest on borrowings this year. The company said it should explore “a holistic solution” to the situation, according to an exchange filingBloomberg Terminal, a…
A Chinese factory worker was left heartbroken and financially devastated after his fiancée, who claimed to be a military officer, vanished after allegedly fleecing him and his family out of 650,000 yuan (US$91,000). The 30-something man, surnamed Ji, who had only met the woman a handful of times over an eight-year period, had been under…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…