In a surprising move, India's central bank cut its benchmark interest rate to 5.5%, the lowest since August 2022. This decision, driven by softening inflation and lower growth, raises questions about future monetary policy as the economy adapts to global challenges.
Dollar General's latest earnings beat expectations, revealing a surge in revenue and attracting higher-income shoppers. CEO Todd Vasos discusses strategies to retain this new customer base amidst economic uncertainty.
In a dramatic election marked by recent political upheaval, Lee Jae-myung is projected to win the presidency. As South Korea navigates economic challenges and a divided electorate, can he unite the nation?
Japan's farm minister resigned after making light of the country’s rice crisis, where prices have more than doubled. The incident highlights deepening public frustration amidst rising living costs.
Target's financial outlook has taken a hit as the retailer reports disappointing earnings, grappling with tariff uncertainties and a backlash against its diversity policies. CEO Brian Cornell highlights the challenges posed by shifting consumer behavior and political pressures.
In a surprising turn, Gov. Gavin Newsom's revised budget proposal for 2025-26 alters free healthcare for low-income undocumented immigrants, requiring $100 monthly premiums and freezing new applications. This decision aims to mitigate rising costs amid a looming state deficit.
In a surprising shift, California Governor Gavin Newsom announces plans to freeze enrollment for low-income immigrants in state-funded healthcare starting in 2026, a move driven by soaring costs and budget constraints. Existing enrollees will face new premiums, signaling a significant policy change amidst economic challenges.
As President Trump visits Saudi Arabia, he unveils a staggering $1 trillion investment wish list. But with the kingdom facing a budget deficit and economic challenges, can these figures be realized?
As President Trump prepares for his pivotal visit to Saudi Arabia, the focus is on securing a staggering $1 trillion in investments for the US economy. This trip could reshape American economic ties with Gulf nations and boost domestic manufacturing.
Krispy Kreme's stock dropped 24% following an announcement to reassess its partnership with McDonald's. With economic concerns affecting spending, the doughnut chain has pulled its outlook for the year.
