Economy

In the fast-paced world of corporate America, activist investors have been making waves at a record number of companies globally during the first six months of 2024. These investors have been launching campaigns left and right, aiming to shake up boardrooms and push for changes in leadership, spin-offs, and sales. Some of the recent notable

The European corporate earnings landscape is currently clouded by uncertainty, especially in light of French political turmoil and trade disputes with China. Investors are cautiously optimistic about second-quarter earnings for companies in the pan-European STOXX 600. However, concerns arise due to the uncertainty surrounding French President Emmanuel Macron’s decision to call for parliamentary elections, as

The U.S. Supreme Court’s conservative majority has made significant rulings this term aimed at curbing federal regulatory authority. This has solidified their crucial role in reducing the power of the “administrative state,” a long-standing objective of business interests and other conservative groups. The court’s decisions have had far-reaching implications, restricting the federal government’s ability to

The recent snap parliamentary election in France has the potential to bring about significant changes in the political landscape of the country. With President Emmanuel Macron’s centrist alliance facing a crushing defeat in the recent European elections, the far-right National Rally (RN) led by Marine Le Pen is now closer to power than ever before.

China’s manufacturing activity has experienced a decline for the second consecutive month in June, with the National Bureau of Statistics (NBS) purchasing managers’ index (PMI) standing at 49.5. This figure, below the threshold of 50 which separates growth from contraction, has raised concerns about the need for further stimulus to revive the economy. While some

A federal judge in Texas has temporarily blocked a Biden administration rule that would extend mandatory overtime pay to 4 million salaried U.S. workers. U.S. District Judge Sean Jordan in Sherman, Texas, ruled that the U.S. Department of Labor’s rule improperly assesses eligibility for overtime pay based on workers’ wages rather than their job duties.

Argentina’s President Javier Milei has recently achieved a big legislative win with the approval of economic reform measures by the country’s Congress. These measures, which aim to shake up the troubled economy, include investment incentives, privatization of state-owned entities, and tax restructuring. The approval of these reforms comes after months of delays caused by the

The recent events in Bolivia have caused a stir in the political landscape of the country. The armed forces, led by General Juan Jose Zuniga, made a bold move by gathering in the central Plaza Murillo square, which is home to the presidential palace and Congress. This action was deemed by President Luis Arce as

The European Central Bank (ECB) is considering the possibility of gradually reducing interest rates in response to expected decreases in inflation. Despite having recently made the decision to cut rates for the first time in the current cycle, the ECB has not provided a clear commitment regarding its next move. However, policymakers within the ECB

Sri Lanka is on the brink of signing a debt restructuring agreement with a group of creditor nations, signaling a crucial development in the country’s efforts to navigate its severe economic crisis. Foreign Minister Ali Sabry revealed that the agreement is expected to be finalized on Wednesday, marking a significant milestone in Sri Lanka’s journey