Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
Private sector job growth improved during February as the U.S. labor market showed strength across a variety of sectors.
Building wealth can be more difficult for women facing challenges such as lower wages. Here's how self-made millionaire Vivian Tu created wealth.
The Justice Department is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging it was owned by Suleiman Kerimov.
The competitive threat from OpenAI’s Sora tool is overblown, but a rising valuation made Adobe’s stock vulnerable.
E-commerce battles in Asia have produced some household names such as Temu. Korea’s contender Coupang could be next up.
Beijing is taking a bigger role in funding growth after local governments took on too much debt.
The startup JKBX is offering securities backed by the royalty streams from songs recorded by popular artists.
The company is seeking to turn its business around by adding subscribers to its new clinical business, which prescribes medications such as Ozempic and Zepbound.