Business and Economy

Business and Economy Latest News

Satirical US outlet The Onion buys conspiracy site Infowars
Satirical US outlet The Onion buys conspiracy site Infowars
by  AFP

Satirical news outlet The Onion said Thursday it had acquired Infowars, a conspiracy-laden website whose owner made money by running stories that called one of America's most notorious school shootings a hoax. A famous headline that The Onion runs after mass shootings is, "'No Way To Prevent This,' Says Only Nation Where This Regularly Happens."

Legal migration to OECD reaches new record in 2023
Legal migration to OECD reaches new record in 2023
by  AFP

Migration to richer countries reached a record level for the second year running in 2023, the OECD said on Thursday, reflecting demand for foreign labour and gaps in the workforce left by ageing populations. About a third of OECD countries witnessed record legal migration last year, including Britain (747,000 arrivals), Canada (472,000), France (298,000), Japan (155,000) and Switzerland (144,500).

Central bank independence 'fundamental' for good policy: Fed official
Central bank independence 'fundamental' for good policy: Fed official
by  AFP

An independent central bank is "fundamental" to good economic outcomes, a senior Federal Reserve official said Thursday, amid concerns that president-elect Donald Trump may seek to influence Fed policy. "It has been widely recognized -- and is a finding of economic research -- that central bank independence is fundamental to achieving good policy and good economic outcomes," Kugler said.

Energy

Money

Industry

Technology

Economy