The key pillar of Russia’s war chest is cracking. The timing couldn’t be worse.
Russian President Vladimir Putin at a Kremlin summit in 2024.Getty ImagesRussia's oil and gas revenues — a key source of...
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8 million student-loan borrowers on Biden’s SAVE plan now face interest charges again after a yearlong pause
Interest charges for student-loan borrowers on the SAVE plan resume on August 1.Getty ImagesAfter a year's pause, interest charges for...
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IMF sees Russia’s wartime economy slowing after two strong years
Russian President Vladimir Putin.Mikhail Metzel/POOL/AFP via Getty ImagesThe IMF has downgraded Russia's 2025 growth forecast due to policy tightening and...
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Trump strikes a deal with the EU on tariffs
Andrew Harnik/Getty ImagesThe US and EU agreed to a trade deal on Sunday.The deal sets a 15% tariff on most...
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Russia’s high military recruitment bonuses are straining its economy
Russian President Vladimir Putin boosted soldier sign-on bonuses last July.Mikhail Metzel/Pool/AFP/Getty ImagesRussia's high recruitment bonuses are straining its economy amid...
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Xi Jinping is questioning if all of China should chase the same AI and EV dreams
Chinese leader Xi Jinping questioned if all of China should focus on developing the same high-tech sectors.Li Xueren/Xinhua/Getty ImagesChina's focus...
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Russia’s population crisis is so dire, it’s staring down a labor shortage of 11 million people by 2030, a minister told Putin
Russian President Vladimir Putin is trying to boost his country's falling birthrate.Mikhail Metzel/Pool/AFP/Getty ImagesRussia could face a labor shortage of...
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Florida made it much harder for highly-paid workers to swap jobs, thanks to Ken Griffin
Florida's new non-compete law is a big win for Citadel.Michael KovacFlorida enacted a law allowing non-competes of up to four...
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Tesla competitor BYD axes Mexico factory plans
BYD still plans to expand into the Americas but has no timeline.CFOTO/Future Publishing/Getty ImagesBYD is halting Mexico factory plans over...
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A Federal Reserve president thinks fears of a 1970s-style stagflation are overblown
Brendan McDermid/REUTERSFederal Reserve leader Austan Goolsbee smoothed stagflation fears at the Aspen Ideas Festival.Goolsbee cited low unemployment and falling inflation...
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