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Welcome back to our Sunday edition, a roundup of some of our top stories. Cars with a manual transmission now make up a tiny share of autos sold in the US. An updated Porsche 911 Carrera is a reminder of how fun they can be, says BI’s chief car reviewer. On the agenda today: But […]
The creator economy, a sprawling industry worth $150 billion and projected to reach $500 billion by 2030, is not just an evolution of influencer culture but a response to changing audience expectations. Authenticity is increasingly a competitive edge. The erosion of trust across American life forced creators to pivot from mere promotion to delivering value […]
Noxious smog smothering the plains of north India is not only choking the lungs of residents and killing millions, but also slowing the country’s economic growth. India’s capital New Delhi frequently ranks among the world’s most polluted cities. Each winter, vehicle and factory emissions couple with farm fires from surrounding states to blanket the city […]
CDE warns against protectionism, urging export-focused policies to boost South Africa’s manufacturing competitiveness and economic growth. A leading development think-tank has cautioned authorities against protectionism that would stifle export-based economic growth. The Centre for Development and Enterprise (CDE) further called for an overhaul of industrial policy to move it away from protectionism, towards a focus […]
More than two in five Americans (43%) say they are driven to accumulate nice things. More than half (55%) disagree, and 2% aren’t sure. Similarly, 43% say shopping makes them feel worthwhile, 55% disagree and 3% aren’t sure. Slightly fewer judge their progress based on accumulating high-quality possessions. Two in five (41%) believe they are […]
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a […]
Analysts have noted that the year-end period is typically a seasonally strong stretch for equities. (EPA Image pic) The Dow rose to a new record high Friday, extending a post-election US equity market rally propelled in part by anticipation of president-elect Donald Trump’s economic growth agenda. The blue-chip index piled on 1% to end the […]
Eurasia Group founder Ian Bremmer talks about which industries are poised to thrive under a second Trump term on the latest episode of the “Rapid Response” podcast. From tariffs and big tech, to impacts on the free market—everyone wants to know what Trump’s return to office means for the business world. To cut through the […]
The 10-year Treasury yield was little changed on Friday as investors weighed mixed economic data and assessed the state of the economy. The yield on the 10-year Treasury sat at 4.428%, down less than 1 basis point. The 2-year Treasury yield was last trading at 4.375% after rising more than 2 basis points. Yields and […]
The 2024 U.S. election concluded decisively, with Republicans securing a sweeping victory. Not only did Donald Trump win reelection to the White House, but Republicans also won the popular vote, traditionally a Democratic consolation prize. With Republican control of both the presidency and Congress, plus their advantage in Supreme Court judges, the Democratic Party’s defeat […]