Business

The outlook for the global economy is getting a little brighter as China eases its zero-COVID policy and the world shows surprising resilience amid high inflation, elevated interest rates and Russia’s ongoing war with Ukraine. That is the view of the International Monetary Fund, which now expects the global economy to grow by 2.9% this year. That forecast is better…

More than half of workers in major U.S. cities went to the office last week, the first time that returns to the office exceeded 50% of their pre-pandemic levels. An index of building occupancy in 10 major metro areas rose 0.9 percentage points to 50.4% in the week ended January 25, according to security firm Kastle Systems. All cities tracked…

Australian authorities and mining giant Rio Tinto are desperately searching for a small radioactive capsule that has been lost somewhere along a nearly 900-mile outback road. The capsule’s body contains cesium-137 – a substance that researchers say has a lifespan of more than three decades. According to the US Centers for Disease Control and Prevention, it can cause burns, acute…

This time it should be different. The memory chip sector, famous for its boom-and-bust cycles, had changed its ways. A combination of more disciplined management and new markets for its products — including 5G technology and cloud services — would ensure companies have more predictable profits. And yet, less than a year after storage companies made such announcements, the $160…

Mining company Rio Tinto has lost a “highly radioactive” capsule somewhere on a 1,400-kilometer highway across the western Australian desert. “We take this incident very seriously. We recognize that this is clearly a matter of great concern and apologize for the alarm it has caused,” said Simon Trott, Rio Tinto’s head of iron ore, in a statement to the financial…

In this economy? is a wealth Series examining how people are getting by today, from buying a home to paying off debt to withdrawing crypto. We want to hear from readers how they’re maneuvering their finances, careers, and lifestyles in 2023. Email reporter Alicia Adamczyk with your story. Last November, Jordan Gibbs walked into the office for what she thought…

Seize the day, we were told. For some, that means getting up early in the morning – or rather, starting the day at 5 a.m. Early morning waking has even become a TikTok trend, coining the “five to nine to nine to five,” where video montages illustrate a slow morning aesthetic of self-affirmations, workouts, and maybe even a head start…

Former President Donald Trump kicked off his 2024 White House candidacy with stops Saturday in New Hampshire and South Carolina, events in early-voting states that marked the first campaign appearances since announcing his last run more than two months ago. “Together we will close the unfinished business of making America great again,” Trump said at an evening event in Columbia…

The class of 2023 will wrap up this spring with a hired hat and dress, high egg prices, and a new season of successor to contain or deflect recession fears. Graduating from economic uncertainty is never a welcome entry into the adult world, but Gen Z is not taking a recession. This is shown by Adobe’s survey of over 1,000…

Tesla CEO Elon Musk and two senior associates of President Joe Biden met in Washington Friday to discuss the electric vehicle industry and the broader goal of electrification. Musk and Biden did not meet, said White House press secretary Karine Jean-Pierre. The two didn’t have the smoothest of relationships with Biden, a big union supporter, frustrated by Musk’s refusal to…