The latest official figures from the Office for National Statistics (ONS) show that the UK economy saw growth in January. The gross domestic product (GDP) increased by 0.2%, marking a positive change after a period of negative growth that led to a recession being declared last month. While the overall growth is a good sign,
In a closed-door meeting with the Teamsters leadership, President Joe Biden emphasized the importance of Social Security as a key issue for the powerful labor union to consider when making their 2024 endorsement decision. This comes after former President Donald Trump made comments about potential cuts to entitlements, sparking concerns among union members and leaders.
With inflation loosening its grip in most economies, investors are closely monitoring interest rate decisions as markets anticipate a series of rate cuts in 2024. Economists are expecting a mild rollback of rates later in the year, according to a recent report by the Economist Intelligence Unit. While rates in most economies are expected to
The telecom giant, Jio Payments, is rumored to be in the testing phase of a new product that will mark its entry into the merchant payments solution segment. This new product, known as the Jio Soundbox, is said to be an audio payment verification device, similar to offerings by competitors like Paytm, PhonePe, and BharatPe.
Argentina’s right-wing populist, Javier Milei, is facing accusations of hypocrisy after orchestrating a significant increase in presidential pay while simultaneously implementing austerity measures. This scandal has caused uproar among opposition lawmakers and the general public, raising concerns about Milei’s integrity and commitment to the country’s economic well-being. Details emerged on social media over the weekend,