The Congressional Budget Office, a nonpartisan government agency, has taken a fresh look at how the U.S. economy might behave over the next few years. Its new report says the Federal Reserve is likely to start cutting short-term interest rates in 2026 and then let its main rate settle at about 3.4% by the end… Continue Reading
Sheikh Nasser bin Hamad Al Khalifa, Chairman of Bapco Energies, plays a pivotal role in driving the company’s strategy and operations. The final Board of Directors meeting of 2025 centered on financial performance, ongoing projects, and alignment with Bahrain’s National Energy Strategy. A key focus of the meeting was the Bapco Refinery Modernization Project (BMP),… Continue Reading
China has set its benchmark price for power station coal for 2026 at 675 yuan per ton, matching the level agreed for 2025. The price was finalized after annual negotiations between coal producers and large power companies. This process is meant to reduce volatility and support a reliable fuel supply for power generation. The benchmark… Continue Reading
Thanksgiving is a time for food, family, and gratitude. It offers a moment to pause and come together as the holiday season begins. Taking a thoughtful approach to the day can make the celebration both enjoyable and financially manageable, helping families celebrate comfortably while staying within their budget. A good starting point is the meal… Continue Reading
The consumer-products firms Kimberly‑Clark Corporation and Kenvue Inc. have announced a deal that will bring major household brands under one umbrella. Kimberly-Clark has agreed to acquire Kenvue in a deal valued at approximately $48.7 billion in a mix of cash and stock. Under the terms of the deal, Kimberly-Clark shareholders will hold about 54% of… Continue Reading
Toronto’s economy is enjoying an upswing driven by the Blue Jays’ 2025 World Series run. The excitement has drawn thousands of fans to the city, fueling strong spending in hotels, restaurants, bars, and retail stores. Downtown Toronto has become a center of activity, with hotel occupancy up 22 percent compared to last year’s playoffs. Flights… Continue Reading
Taylor Swift has become an economic force in the entertainment sector. Her latest studio album, The Life of a Showgirl, was released alongside a concert film distributed through AMC Theatres, reflecting a shift toward greater control over distribution and revenue. Bloomberg estimates her net worth at $2.1 billion, driven by touring income, film releases, and… Continue Reading
Many small restaurants face hurdles when trying to get funding. Traditional loans often require credit checks, personal guarantees, and complex paperwork. A new partnership between Uber Eats and fintech firm Pipe aims to change that. Under this initiative, restaurants using Uber Eats will see pre-approved loan offers directly inside the Uber Eats Manager app. These… Continue Reading
Amazon has announced it will discontinue its Prime “Invitee” program starting October 1, 2025. Under the old program, a Prime member could share free two-day shipping with another adult who lived at a different address. The Invitee program will be replaced by a new plan called Amazon Family. All shared benefits will be limited to… Continue Reading
Fantasy Life, founded by prominent fantasy sports analyst Matthew Berry, recently raised $7 million in a seed funding round led by LRMR Ventures (the investment firm linked to LeBron James and Maverick Carter) and SC Holdings. The financing includes a range of high-profile backers such as Roger Ehrenberg, John Legend, David Blitzer, Gerry Cardinale, and… Continue Reading