09.04.21
Shift to electric vehicles becomes life-or-death risk for automakers
The shift to electric vehicles won't happen like the flip of a light switch. The global auto market for the next...
09.04.21
Lagarde says ambitious, coordinated fiscal aid still crucial
European Central Bank President Christine Lagarde said governments can't afford to let up efforts to support the region's economy through the pandemic-induced crisis. "An ambitious and...
09.04.21
The $50 billion race to save America's renters from eviction
WASHINGTON - The Biden administration again extended a federal moratorium on evictions last week, but conflicting court rulings on whether the ban is legal, plus the difficulty of roll...
08.04.21
Billionaires club has grown by nearly a third, to 2,755, during the pandemic
The number of newly minted and reissued billionaires soared last year, Forbes reported Tuesday in its annual ranking, an accumulation of personal wealth that stands in sharp contrast with the widespread economic struggles unleashed by the pandemic....
08.04.21
After a lost year, a sports bar hopes a new season brings it back to life
BALTIMORE - Half of Pickles Pub's sprawling first floor sits in darkness, bar stools resting upside down on high-top tables - the universal bar signal for "go away." Some of the stools...
08.04.21
Keep job interviews virtual after covid
One of the hiring rituals among large corporations, most famously technology giants such as Google and Amazon, is the day-long marathon of back-to-back job interviews at the company's ...
07.04.21
Singapore warns public against crypto as world warms to Bitcoin
Singapore once again warned the public about the risks of trading cryptocurrencies like Bitcoin, a market that while relatively small in the city-state has surged in significance over ...
07.04.21
YouTube says it's getting better at taking down videos that break its rules. They still number in the millions
YouTube released data on Tuesday arguing that it is getting better at spotting and removing videos that break its rules against disinformation, hate speech and other banned content. Th...
07.04.21
Robotic lizards may play a role in the future of disaster surveillance, researchers imagine
Researchers have created a robotic lizard that can scale vertical walls just like the actual animal. While Boston Dynamics and other robotics firms have risen to prominence with agile,...
07.04.21
Suez Canal traffic briefly stopped as oil tanker loses power
Traffic through Egypt's Suez Canal briefly halted Tuesday, just two weeks after a giant container ship ran aground and blocked the waterway that's vital for global trade. The oil tanke...
07.04.21
U.S. jobs come roaring back, surprising employers and economists
A resurgent job market is creating more opportunities at a faster clip than many economists and employers expected. What's more, too few people are applying for positions that are reop...
06.04.21
Biden and the waning of the 'neoliberal' era
For much of his political career, President Joe Biden was a custodian of the "neoliberal" order. He was a fixture in a Washington establishment that promoted years of economic globaliz...
06.04.21
Xi's shifting China is compelling investors to run, hide or hire
For any company doing business in China, the choice is now clearer than ever: Avoid commenting on any controversial subjects or risk losing access to the world's second-largest economy...
06.04.21
British Prime Minister Boris Johnson is offering two at-home coronavirus tests a week to everyone in England
LONDON - The British government announced Monday that it will offer every citizen in England two at-home rapid coronavirus tests a week, in an audacious, costly bid to reopen the econo...
30.03.21
White House increased tax proposal as it sought to address tensions over next big spending plan
WASHINGTON - When President Joe Biden's team began putting together his infrastructure and jobs package this February, the White House National Economic Council circulated an internal ...