Economy
$5 meals, $6 combos and fewer visits: McDonald’s barrage of deals isn’t winning customers back
McDonald's launched an aggressive promotion offensive, including 5-dollar meals and 6-dollar combo deals, but these initiatives failed to restore growth. Comparable sales in the...
Economy
Why AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva
IMF Managing Director Kristalina Georgieva said in Singapore that artificial intelligence is rapidly becoming a key driver of countries' relative fortunes in the world...
Economy
India’s central bank hikes rates for the first time since 2023 as inflation risks build
The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.50%, a one-year high, the first hike since 2023....
Economy
British Airways plans record 106-seat business class on Airbus A380 jumbo jets
British Airways will equip its Airbus A380 aircraft with 106 business class seats, the world's largest business class cabin, by removing dozens of economy...
Economy
Elon Musk’s wealth surpasses $1 trillion — making it higher than these countries’ GDPs
Elon Musk's wealth has surpassed $1 trillion following a surge in SpaceX stock value on Monday. This enormous fortune could purchase roughly 11,000 F-35...
Economy
Should I put my nest egg in a 30-year Treasury bond?
A reader asks whether they should invest their savings in a 30-year Treasury bond yielding approximately 5.25%. Considering themselves a conservative investor, they wonder...
Economy
Treasury yields are broadly flat as investors anticipate FOMC minutes
U.S. Treasury yields were broadly flat on Tuesday morning after reaching fresh highs in the previous session, as investors awaited the release of minutes...
Economy
MAGAnomics is starting to look uncomfortably like Bidenomics
Twenty months into Donald Trump's second term, his economic policy, MAGAnomics, is facing the same criticisms as the Bidenomics it promised to replace. Aggregate...