According to the World Health Organisation, the percentage of persons who smoke worldwide has decreased over the past generation, from one in three in 2000 to one in five today.   The decline occurs in spite of what the U.N. global health agency said to be Big Tobacco's continuous attempts...

According to Goldman Sachs strategists on Tuesday, there may be pockets of value in the increasingly pricey U.S. stock market among small-cap stocks and shares of consumer staples companies.   The S&P 500's recent run has brought it dangerously close to a new record high, but it has also...

Although the "Year of Efficiency" for Big Tech may have ended, recent layoffs at Google and Amazon suggest the companies will continue to reduce staff in 2024 as they make significant investments in generative AI.   This year, according to analysts and industry experts, layoffs will likely...

Recent annual projections from major international investment banks indicate that China's economy would grow more slowly in 2024 than it did in 2023.   Five corporations, including Goldman Sachs and Morgan Stanley, averaged their predictions, which indicated that real GDP will grow by 4.6%...

According to a survey of leading economists issued on Monday, the global economy faces a year of muted growth expectations and uncertainty due to geopolitical unrest, tight financing conditions, and the disruptive impact of artificial intelligence.   Every year, in advance of the World...

Due to ongoing inflation, rising energy costs, and sluggish international demand, the German economy shrank in 2023 but managed to stave off a recession by the end of the year.   According to data released on Monday by the Federal Statistics Office, the GDP decreased by 0.3% in 2023.  ...

The People's Bank of China (PBOC) injected 995 billion yuan ($140 billion) into the financial system under its medium-term lending program (MLF) on Monday. According to the PBOC statement, the interest rate on one-year loans made under the MLF stayed at 2.5 percent. It was last modified by the PBOC...

Declining prices for commodities like food and diesel fuel caused U.S. producer prices to drop unexpectedly in December, indicating that inflation would continue to decline and the Federal Reserve could begin lowering interest rates this year.   The Labour Department's report released on...

Container shipping costs have surged this week for important global trade routes, industry executives said on Friday. The strikes by the United States and the United Kingdom on Yemen have sparked concerns about a protracted disruption to global trade in the Red Sea, one of the busiest routes in the...