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Rising Costs in Aviation: Factors Driving Up Commercial Plane Prices
Commercial plane prices are soaring, driven by supply chain disruptions, rising material costs, and geopolitical factors like the exclusion of Russian titanium. US President Trump's tariffs on steel and aluminum further exacerbate the issue. Labor costs are also increasing, with Boeing and Spirit AeroSystems agreeing to significant wage hikes.
Rising Prices: The Impact of Trump's Trade Policies on Inflation
Over the past few years consumers have grown used to seeing prices rise at an exorbitant rate. The cost of everything from used cars to utility bills and the humble loaf of bread has rocketed in the … [+8158 chars]
Saudi Arabia's Roshn Faces Legal Battle with Former CEO Over Alleged Wrongful Dismissal
British-born executive was fired in April 2024 sparking claim seen as test case for kingdom’s reforms
Argentina's President Javier Milei Alters Currency Policy Amid High-Stakes Economic Climate
Surprise easing of currency controls relieves economic risk but sharpens electoral pressures
Jamie Dimon Issues Striking Call for Better Meeting Practices in Shareholder Letter
The JPMorgan boss struck a nerve but plenty of workers share his frustration with endless discussion
Cocoa Market Faces Turbulence Amid Price Fluctuations and Supply Issues
Markets have been hoppier than an Easter bunny
Tom Goodhead: The Lawyer Behind the Landmark 36bn BHP Class Action
Pogust Goodhead is behind a £36bn claim against BHP over a Brazilian mining disaster
Impact of Tariffs on Chinese American Businesses in New York's Chinatown
Chinese American small businesses are stockpiling goods to delay higher costs
China's Export Controls on Rare Earth Minerals Threaten Automotive Production
Traders and executives warn of limited inventories and a risk of disruption to automotive production
UK Government Takes Control of British Steel, Raises Concerns Over Chinese Investments
Spending has slowed since 2017 peak, but Beijing retains significant investments across the UK
eBay Reseller's Ingenious Strategy to Achieve Top-Rated Seller Status
Freepik/Reddit Online selling requires both hard work and creative thinking. This man, who was an eBay reseller, was working hard to achieve top-rated seller status. He had the sales value needed … [+1412 chars]
Chinese E-commerce Giants Mobilize to Support Domestic Sales Amid US Trade Tensions
Alibaba, JD.com and Tencent among those aiding switch to domestic sales in national movement influenced by Beijing
Dairy Farmer Faces Unexpected Tariff Costs Amid Ongoing Trade War
Nicholas Gilbert, a dairy farmer who operates Adon Farms in upstate New York, experienced tariff sticker shock when a routine shipment of cow feed from Ontario cost him $2,200 more than expected. Im… [+1791 chars]
Understanding the Magnitude of Wealth: A Closer Look at Millions and Billions
When we talk about millionaires and billionaires, we all know that it means they have a lot of money, but its hard to wrap your mind around how much that is, exactly. What does it actually mean to ha… [+1886 chars]
Inside Elon Musk's Government-Subsidized Texas Headquarters
The tycoon and Donald Trump advisor has moved his businesses from California to a mostly rural central Texas county. What do the neighbours think?
Rising Number of Recent Graduates Applying for Internships Signals Tough Job Market
More new grads applying for internships, which are more commonly filled by students still in school, could signal a tougher job market.Brian Snyder/Reuters <ul><li>Internships are commonly filled by… [+3356 chars]
MrBeast Faces Backlash Over Las Vegas Event Partnership
MrBeast, whose real name is Jimmy Donaldson, recently faced backlash for his partnership with Resorts World Las Vegas.Jon Kopaloff/Getty Images for Prime Video <ul><li>MrBeast's recent partnership w… [+3579 chars]
BP's Shareholder Dissent Signals Turbulent Waters Ahead for Energy Transition
Votes to elect board members of major corporations are typically pro forma affairs. Companies make their recommendations, and shareholders certify it, usually with near unanimity. That wasnt the case… [+4823 chars]
Charles Schwab Plans to Launch Spot Crypto Trading Amid Regulatory Changes
Schwab reported a surge in quarterly profits as investors reacted to the market turmoil — and a surge of interest in crypto.
BIS Report Sparks Controversy Over Proposed Crypto Regulations
The paper argues that information asymmetry still persists throughout the crypto industry, despite its transparent structure compared to TradFi.