Rescue aid package may reduce inequality, but for how long?
WASHINGTON — Democrats have celebrated President Joe Biden’s $1.9 trillion COVID-19 relief plan as a blow against one of America’s most entrenched economic woes:...
Protests around Lebanon as local currency continues to slide
BEIRUT — Lebanon’s currency plummeted to a new record low on Saturday, continuing its crash amid a worsening economic crisis that has triggered near-daily...
Edsel B Ford II retires from Ford board, more Fords join
DETROIT — Edsel B. Ford II is retiring from the board of Ford Motor and will be replaced by another member of the Ford...
For Syrians, a decade of displacement with no end in sight
BAR ELIAS, Lebanon — Mohammed Zakaria has lived in a plastic tent in eastern Lebanon’s Bekaa Valley for almost as long as war has...
UK GDP shrinks 2.9% amid COVID lockdown; Brexit cuts exports
LONDON — The British economy shrank 2.9% in January as the nation was hit by a new round of coronavirus restrictions and Brexit slashed...
AP-NORC poll: People of color bear COVID-19’s economic brunt
NEW YORK — A year ago, Elvia Banuelos’ life was looking up. The 39-year-old mother of two young children said she felt confident about...
Ant Group CEO resigns for personal reasons
The CEO of Ant Group, the world’s biggest financial technology company, has resigned from the company due to personal reasons.
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Lebanese parliament approves World Bank loan to help poor
BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...
Airline stocks cleared for takeoff, but turbulence ahead
Investors have seemingly cleared airline stocks for takeoff, but the industry still faces a long and bumpy climb.
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Coupang, the Amazon of South Korea, makes its debut on NYSE
The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in...