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Economy
Roaming charges are back after Brexit – beware high mobile bills
Roaming charges are back with a bang since Brexit, so if your mobile is never far from your hand it is important to make sure your post-holiday glow isn’t ruined by a shock bill for calls and data when you get home.Almost all the big…
Skyrocketing Global Fuel Prices Threaten Livelihoods and Social Stability
“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the price of both regular gas and diesel by 10 cents in response to…
Meta hints at “self-selection” as layoffs ramp up
Executives are calling out the bloat inside their companies, and challenging workers to evaluate themselves.Why it matters: Workers have enjoyed almost two years of flexibility and having the upper hand. But they may find the tables are…
American highways ripped apart city neighborhoods. A $1 billion plan wants to do better |
Washington, DC
CNN
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The Department of Transportation announced Thursday that it will soon fund up to $1 billion in projects to reconnect city neighborhoods…
Forget rate hikes, these analysts are predicting interest rate cuts next year
Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an upcoming recession.Olivier Douliery | AFP | Getty ImagesCentral banks around the world might have embarked upon a path of…
Live news updates from June 30: US Supreme Court curbs EPA’s power to regulate emissions,
Several economists took the knife to their second-quarter GDP forecasts in the wake of a disappointing consumer spending report that has added to concerns about a slowdown for the US economy.Some forecasters even think the world’s…
Toys R Us bankruptcy lawsuit could shake private equity
Toys R Us is long gone, but its former private equity owners still can't shake it. Driving the news: A U.S. bankruptcy court judge has ruled that a creditor lawsuit can proceed against a group of the bankrupt retailer's former top…
China’s factory, service sectors shake off 3 months of lockdown pain
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Register now for FREE unlimited access to Reuters.comRegisterChina…
Substack lays off 13 employees, roughly 14% of company
Substack is laying off 13 people, around 14% of the company, according to a note sent to employees Wednesday by the company’s co-founder and CEO Chris Best obtained by Axios.Why it matters: The company is trying to reach profitability…
Job cuts are rolling in. Here’s who is feeling the most pain so far
The dominos are starting to fall in the U.S. economy. As the Federal…