Author name: Karen Canavan

China’s economy failed to reach its quarterly growth rate of 6% in over two years, before the effects of an ongoing nationwide lockdown weakened the country’s economy. Gross domestic product in the world’s second-largest economy expanded by just 0.4 percent during the quarter that ended on June 30, 2019, according to the National Bureau of […]

Bill Gates is transferring $20 billion of his wealth to the Bill and Melinda Gates Foundation, which is ramping up its spending in the face of global challenges, including the pandemic and the conflict in Ukraine. The Bill and Melinda Gates Foundation, one of the world’s largest philanthropies, plans to increase its annual payouts by

The still-strong economy has yet to shake off the effects of recession fears, though investors and the Federal Reserve will be closely reading the details of Friday’s job numbers for any indications that a recession is developing. The month to month government work depiction from the Bureau of Labor Statistics is supposed to show proceeded

At Monday’s talks, the United States and China examined large challenges facing the global economy amid growing speculation that some Trump-era tariffs might be cancelled in order to minimize inflation and encourage growth. US Treasury Secretary Janet Yellen and Vice Premier Liu He of the People’s Republic of China had a “substantive conversation” over the

Plans to create a media company for former President Donald Trump have appeared to run into another snag. Digital World Acquisition Corp., the SPAC that agreed to merge with Trump Media & Technology Group, said in a regulatory filing Monday that its board members had received subpoenas from a federal grand jury in the Southern