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Category: Economy

Economy America US Economy

Amazon Prepares for Historic Corporate Job Cuts: Up to 30,000 Roles Targeted in New Efficiency Drive

  • October 28, 2025
amazon layoffs 2025
amazon layoffs 2025
3 min read

Amazon announces its largest-ever corporate layoff, cutting up to 30,000 jobs (10% of white-collar staff). Find out which divisions are impacted as the tech giant […]

Economy America Europe

Gold Price Falls Significantly Below 4,000 USD

  • October 27, 2025
gold price
gold price
2 min read

Expectations of a US tariff agreement with China continue to put pressure on the price of gold. On Monday, a troy ounce traded well below […]

Economy Inflation US Economy

CPI Report September: Cooler Inflation Print Boosts Fed Rate Cut Hopes

  • October 24, 2025
cpi report september 2025
cpi report september 2025
3 min read

CPI hits a 3.0% annual rate in September; core inflation cools slightly to 3.0%. See how gasoline and shelter costs are squeezing your wallet. The […]

Economy Europe Tech

Afterpay Outage Leaves Shoppers Stranded

  • October 20, 2025
afterpay outage
afterpay outage
2 min read

Afterpay system goes down globally: Millions of shoppers stranded as the BNPL giant suffers a major outage, halting online and in-store payments. Retail sales face […]

Australia Economy

Rate Relief Hopes Falter as RBA’s Bullock Cautions on Persistent Inflation

  • September 30, 2025
Michele Bullock
Michele Bullock
3 min read

Hopes for an aggressive easing of monetary policy have hit a speed bump after the Reserve Bank of Australia (RBA) opted to hold the official […]

America Economy

Iron Hill Brewery Closes All Locations Overnight, Files for Bankruptcy

  • September 25, 2025
Iron Hill Brewery & Restaurant
Iron Hill Brewery & Restaurant
3 min read

In a stunning reversal, the popular 29-year-old brewpub chain Iron Hill Brewery & Restaurant announced the immediate and permanent closure of all its remaining locations […]

Australia Economy

Super Retail Group CEO Anthony Heraghty Terminated Amid Workplace Relationship Disclosure

  • September 16, 2025
Anthony Heraghty
Anthony Heraghty
3 min read

Super Retail Group CEO Anthony Heraghty has been terminated. Read our full report on the workplace relationship scandal, the impact on company shares, and what […]

Europe Economy Germany

KiK to Close 400 Stores in Germany Amid Retail Crisis and CEO Resignation

  • September 11, 2025
kik germany
kik germany
3 min read

The textile discounter KiK is facing profound changes. According to media reports, up to 400 of its approximately 2,400 stores in Germany could be closed. […]

America Economy

IRS Confirms: No New $1,390 Stimulus Checks Coming This Summer

  • August 16, 2025
irs stimulus check 2025
irs stimulus check 2025
3 min read

Despite viral online rumours, the IRS has officially stated that no new $1,390 stimulus cheques are being issued this summer. We explain where the misinformation […]

Cryptocurrency America Economy USA

Stablecoin Regulation: What the GENIUS Act Means for Crypto Markets

  • July 15, 2025
  • 0 comments
US Stablecoins Act (GENIUS Act)
US Stablecoins Act (GENIUS Act)
6 min read

The cryptocurrency industry celebrates the GENIUS Act passed by the US Senate, regulating stablecoins for the first time. Yet concerns rise over its potential to […]

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