Latest global economy News

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All the latest content about Global economy from the BBC. ... Global economy. Global food prices fall for fifth month in a row. Attribution. The latest Economy News from the BBC: breaking news on the global and UK economy and international investments including audio and video coverage.

International airport abandoned for over 20 Years has been taken over by nature

When they’re up and running, airports are hubs of life and activity, with excited travelers heading out on holiday, reluctant businessman flying for work and all walks of life passing through. When they shut up shop, however, they become eerie ghost towns offering a glimpse into a forgotten history, and that’s exactly…

All the chip companies getting billions in U.S. subsidies (so far)

As generative artificial intelligence takes off and tensions between the U.S. and China rise, the Biden administration is making a multi-billion dollar effort to bring chipmaking back to the U.S.

Walmart is selling ad space to companies that don't sell products at Walmart

Walmart wants to boost its revenue and is aiming to do so by expanding its advertising efforts.

The Dow gains 600 points after a solid economic report and fresh inflation data

After a volatile week, the stock market rose on Friday due to the growing U.S. economy and fresh inflation data, leading investors to hope for interest rate cuts later this year.

Warner Bros. Discovery is suing to keep NBA games on TNT and Max

Warner Bros. Discovery (WBD) filed a lawsuit against the NBA on Friday in an attempt to keep the leagues games on its cable networks and streaming platforms.

Over half of Tesla's profits last quarter came from taxes

Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits.

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Elon Musk is using your tweets to train his startup’s AI

Many AI companies run into the pervasive data issue. Free data on the internet is running out to train AI models. AI bot-makers like OpenAI, Google, and Microsoft have found themselves in the crosshairs of newspapers, authors, and visual artists for using their content to train their artificial intelligence tools.

RFK Jr. says he stores 'most' of his millions in Bitcoin

The Bitcoin 2024 conference has become a political arena, and on its second day, independent presidential candidate Robert F. Kennedy Jr. said that he holds most of his wealth in Bitcoin.

Major Democratic donors want Kamala Harris to fire the FTC chair if she becomes president

Not even a week after Kamala Harris took over as the Democratic presidential nominee, major donors are already making demands of her potential administration. Democratic backers in the business sector have called on Harris to fire Federal Trade Commission (FTC) Chair Lina Khan.

Boar's Head hit with partial recall following two deaths

The summer of recalls continues. After Ice cream, coffee, produce and hot dogs were pulled from grocery store shelves, the U.S. Department of Agriculture (USDA) has now announced a recall of several deli meat products.

Not even Southwest Airlines wants to be Southwest Airlines right now

Southwest Airlines presented its quarterly earnings Thursday. The numbers weren’t great — net income was nearly halved from a year ago to $367 million despite a record $7.3 billion in revenue — and with hedge fund Elliott Management mounting a takeover campaign the company knows it has to do something.

OpenAI's Apple deal could be a bigger threat to Google than SearchGPT, analysts say

OpenAI is launching its rival to Google search — but it will have less of an impact on the search-engine giant’s dominance than OpenAI’s partnership with Apple could, analysts say.

The Boeing Starliner might be coming home next month

Boeing’s CST-100 Starliner, the spacecraft that has been stuck at the International Space Station for more than a month, might soon have a scheduled return date. NASA and the planemaker said that earthbound testing into the ship’s problematic thruster systems have made it clear that final preparations can begin for…

Taco Bell is turning one of its signature menu items into gelato

Taco Bell wants to venture further into dessert.

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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.