US Economy Grows 5.2 Percent In Third Quarter
On Wednesday, newly released government data showed that the US economy grew at a sizzling 5.2 percent, year over year in the third quarter. That was faster than the previous…
Following Strike Victory, UAW To Target Non-Union Plants For Unionization
On Wednesday, the United Auto Workers (UAW), following its successful ratification of new contracts with automakers after a weeks-long strike, announced it would be looking to organize workers at over…
US Steel To Layoff Hundreds In Granite City, IL
This week, US Steel warned 1,0000 employees of its Granite City, Illinois mill that it is expecting to lay off about 60% of them as a result of the need…
Amid Energy Crisis, Norway Sees Record Gas Revenues
According to Norwegian broadcaster NRK, amid the backdrop of the European energy crisis due to the onset of the war in Ukraine, and the loss of cheap Russian energy products…
In Russia, Foreign Currency Deposits Shrink
According to a recent report by the Russian central bank, Russian households have reduced their savings kept in currencies other than the ruble to their lowest level in more than…
British Business “Deaths” Increasing
A new report from the British Office of National Statistics (ONS) shows that a record number of UK businesses shut down throughout the country last year. According to ONS data,…
Hungary To Close Gas Deal With Türkiye
Hungarian Minister of Foreign Affairs of Peter Szijjarto has been quoted as saying that Hungary is planning to close on a deal for the supply of natural gas with Turkey’s…
Judge Orders Binance CEO To Remain In The US
On Monday, a judge ordered Changpeng Zhao, the former CEO and of founder of Binance to remain in the United States for the time being. Last week, Zhao was released…
Uber Increases Size Of Convertible Bond Offering To $1.5 Billion
In a signal indicating strong demand among investors, Uber Technologies Inc. increased the size of it s planned convertible bond issue to $1.5 billion. According to a statement, the ride-hailing…
Russia Considers Grain Export Ban
On Tuesday, Izvestia reported that the government of Russia has instructed the Ministry of Agriculture to begin monitoring the level of the grain reserves of the nation month to month,…
