Economy

U.S. consumer prices jumped by the most in more than a year in August, mostly riding higher on an increase in gasoline prices, the government said Wednesday. However, analysts say underlying price pressures were tame enough that the…
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Nigerians are praising the lifting of a visa ban by the United Arab Emirates following a meeting in Abu Dhabi this week between President Bola Tinubu and United Arab Emirates President Mohamed bin Zayed Al Nahyan. Nigerian authorities…
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In a historic move, the African Union has secured a permanent place in the Group of 20, also known as the G20, a development that could have major implications for Africa’s role in global geopolitics.  As the continent faces an array of…
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The European Commission - the European Union’s executive branch – has downgraded its economic forecast for the Eurozone, saying inflation is still too high, consumer spending is down and Germany, the continent’s largest economy, is in…
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Richie Olsten has been in Maui's helicopter tour business for a half century, so long he's developed a barometer for the tourism-dependent economy: rental cars parked at the island's airport. There are so many since wildfires killed at…
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The cost of building an artificial intelligence product like ChatGPT can be hard to measure. But one thing Microsoft-backed OpenAI needed for its technology was plenty of water, pulled from the watershed of the Raccoon and Des Moines…
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Established in 1999, the group of 20 – also known as G20 – is an informal gathering between heads of state from 20 of the world’s largest economies. While the annual summit has traditionally focused on economic cooperation, the agenda has…
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An American private sector delegation opened meetings in Afghanistan with officials and local counterparts Wednesday in the first interaction since the Taliban seized power from a U.S.-backed government two years ago. Jeffrey Grieco,…
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Fishing grounds choked by water hyacinths. Songbird eggs gobbled up by rats. Power plant pipes clogged by zebra mussels. And electrical lines downed by brown tree snakes. These are just a few examples of the environmental chaos sown by…
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China's economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus. Concerns are mounting over whether the world's second-largest economy is coming closer…
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