Economy Archives | Page 5 of 17 | All about Economy stories

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

YoopyaJan 6, 2024January 6, 20240

WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in

For investors, 2024 is year of transition to a new economic order

YoopyaJan 3, 2024January 3, 20240

Jan 2 (Reuters) – Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. Markets

The Top 10 Richest People In The World (December 2023)

YoopyaDec 3, 2023December 3, 20230

As of December 1, the world’s top ten richest are together worth nearly $115 billion more than a month ago. One quarter of that gain

Nigeria’s naira briefly drops to record low on official market

YoopyaNov 17, 2023November 17, 20230

Nigeria’s naira briefly slumped to a record low against the dollar in thin trading on the official market on Thursday, bringing the official exchange rate

Zimbabwe to launch gold-backed digital currency

YoopyaMay 2, 2023May 2, 20230

The Central Bank of Zimbabwe said on Friday that Zimbabwe will launch a digital currency next month by issuing “tokens” backed by gold reserves that

Nigeria to prioritise taxes from digital non-resident firms in 2022

YoopyaJan 22, 2022February 27, 20230

Nigeria will prioritise tax collection from its digital economy in 2022 and focus on non-resident firms with significant economic presence that generate turnover in the

Robinhood hit by data breach exposing users’ emails, names

YoopyaNov 9, 2021June 13, 20230

Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users

G7 pledges to do whatever is necessary to restore growth

YoopyaMar 24, 2020June 14, 20230

G7 finance ministers and central bank chiefs on Tuesday vowed to do whatever is necessary to safeguard jobs and the economy from disruptions caused by

Stocks fall on Wall Street, head for worst week since 2008

YoopyaFeb 28, 2020June 14, 20230

U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global

Chinese central bank to pump $173 bln to economy in virus boost

YoopyaFeb 2, 2020June 14, 20230

China’s central bank said Sunday it would pump 1.2 trillion yuan ($173 bln) into the economy as it ramps up support for a nationwide fight