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Novo Nordisk and Eli Lilly ink deals with Trump to cut weight loss drug prices

Prices of Eli Lilly's and Novo Nordisk's GLP-1 drugs will drop in some cases — in exchange for partially expanded Medicare coverage

Trump's economy is worse than it looks

The headline numbers average out the extremes, but the underlying picture is one of wealthy consumers thriving and everyone else trading down

Job cuts in October hit the highest level in decades

Layoffs haven't been this bad since 2003 and hiring slowed to its lowest point in 14 years, new data shows

Tesla shareholders are expected to bet $1 trillion on Elon Musk

Shareholders are expected to bless a pay package worth up to $1 trillion if Musk delivers on dreams of robotaxis, humanoid robots, and a huge market cap

Here are the 40 airports where the FAA is cutting flights because of the government shutdown

FAA announces where it plans to reduce capacity due to the government shutdown, which could result in cancellations and more delays.

The FAA is cutting flights at 40 major airports. Here's what it means for travelers

A record-long government shutdown has the agency set to throttle flight volumes by 10% at dozens of airports, with the holiday travel season coming

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Nvidia CEO Jensen Huang backtracks after saying 'China is going to win the AI race'

Nvidia later released a statement from Huang that hedged those comments. "China is nanoseconds behind America in AI," he said

Jamie Dimon says don't worry about Trump's attacks on the Fed

The JPMorgan Chase CEO has previously spoken out in favor of an independent Fed following the president's blistering attacks

The IRS won't offer Direct File for next year's tax season

The government-provided free alternative to paid services was popular, but has been downplayed for months

Consultants rule the Earth

From the Fortune 500 c-suite to the White House to the Vatican, consultants are everywhere. What do they actually know?

The top 10 water parks in America by rating and attendance data

Discover the top 10 U.S. water parks ranked by attendance and guest ratings. Plan your next adventure with these thrilling destinations

10 countries where the workweek is getting shorter fastest

Countries around the world are proving that working less can mean producing more, while helping to restore work-life balance

The 10 best used cars to buy right now, according to Consumer Reports

With new car prices at all time highs, check out these used options vetted by experts at Consumer Reports

Opponents of Trump's tariffs had a good day at the Supreme Court

Supreme Court justices raised sharp questions about Trump's ability to sideline Congress and impose tariffs at his discretion

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Quartz is a digitally native news outlet for the new global economy.Latest news and headlines around the world related to the state of the global economy. News, analysis and comment from the Financial Times, the worldʼs leading global business publication. Get all updates on INTERNATIONAL ECONOMY NEWS, Business news, Global market news, world business, global business trade on Business Standard.

What is today's economic news?

CBDC to bring down time, cost for cross-border transactions: RBI Deputy Guv Sep 7, 2022, 04:01 PM IST.
Cabinet lowers railway land licensing fee, sources say Sep 7, 2022, 02:18 PM IST.
India will cement its place in the upper echelons of tech manufacturing: Mukesh Aghi, USISPF Sep 7, 2022, 02:05 PM IST.
What is the biggest economy in the world?

the United States

With a GDP of 22.3 trillion USD, the United States is by far the world's largest economy in this ranking for 2022. It is followed by China in 2nd place with a GDP of still 19.9 trillion USD.
What is India's rank in GDP?

India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany.