© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County By Yuka Obayashi TOKYO (Reuters) – Oil prices rose on Wednesday as investors looked…
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Income inequality has increased dramatically in the United States over recent decades, surpassing its previous peak in the 1920s. In 2016, the average income among the bottom 24.9 million households was US$21,000. Meanwhile, the top…
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2/2 © Reuters. FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq 2/2 By Yousef Saba, Clara Denina and Davide Barbuscia DUBAI/LONDON (Reuters) – Saudi Aramco , the world’s largest oil…
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Wrapping your head around the scale of a global pandemic is not easy, and the volume of stats and data can be bewildering. What, for instance, are we to make of the fact Australia recorded…
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The economic effects of the coronavirus crisis will be severe but short-lived, according to much of the recent commentary. The cautious revival in stock markets points in the same direction, while recent polling suggests that…
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© Bloomberg. An employee holds a gold bar weighing 12.5 kilograms in the precious metals vault at Pro Aurum KG in Munich, Germany, on Wednesday, July 10, 2019. Gold rose for a third day after…
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Even before the coronavirus arrived to turn life upside down and trigger a global infodemic, social media platforms were under growing pressure to curb the spread of misinformation. Last year, Facebook cofounder and chief executive…
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The coronavirus pandemic is devastating small businesses across the U.S. because of shelter-in-place orders that have forced millions to temporarily close. So far, Congress has devoted more than US$375 billion to helping restaurants, retailers and…
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© Reuters. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) sits outside its headquarters in Vienna (Reuters) – Worldwide oil producers, led by OPEC, are expected to cut production by…
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“How would we have coped before the internet?” is a quandary likely posed by someone you know. Beyond being a whimsical hypothetical, this question is relevant at a time when the digital age is ridiculed…
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