Economy

Jakub Porzycki | Nurphoto | Getty Images Bitcoin rallied Wednesday, hitting all-time highs as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency was last higher by 9% at about $76,052.66, according to Coin Metrics, after touching a fresh record of $76,493.86. “The themes […]

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Two months since UniCredit played its opening move to woo German lender Commerzbank the lenders flaunted their financial strength as one of Europe’s largest banking mergers still hangs in balance. Both […]

Iryna Ustenko | Istock | Getty Images The U.S. dollar strengthened against other major global currencies Wednesday as former president Donald Trump recaptured the White Housebecoming just the second president in history to return to win two nonconsecutive White House terms. The greenback strengthened by more than 1% against each of the Swiss franc and […]

Republican presidential nominee and former U.S. President Donald Trump dances after speaking following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida, U.S., November 6, 2024. Carlos Barria | Reuters Shares in former President Donald Trump’s media company pushed higher as NBC News results projected […]

A member of the public walks through heavy rain near the Bank of England in May 2023.Dan Kitwood | Getty Images News | Getty ImagesThe Bank of England’s losses on bonds bought to shore up the U.K. economy after the financial crisis will be “materially higher than projected until the middle of the decade,” according… […]

Houses in England.Christopher Furlong | Getty Images News | Getty ImagesLONDON — The number of houses sold in the U.K. this year is set to reach the lowest annual figure since 2012, real estate company Zoopla found in its latest house price index released on Wednesday.The report shows an estimated 21% decline in sales to… […]

US Commerce Secretary Gina Raimondo (C) talks to US Ambassador to China Nick Burns (L) as they head to a meeting with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on August 29, 2023.Andy Wong | Afp | Getty ImagesBEIJING — U.S. Commerce Secretary Gina Raimondo has called on China… […]

Lego Star Wars toys sit on display inside a Toys R Us store in Paramus, New Jersey, Nov. 26, 2019.Bloomberg | Getty ImagesWhile other toy companies struggle with an inflation-fueled sales slump, Lego is building positive results brick by brick.The privately held Danish toymaker saw revenue rise 1% during the first six months of this… […]

Working while traveling has exploded with the popularity of remote and hybrid work. If you want to take a “workcation,” Barcelona may just be the ideal destination.That’s according to IWG, a flexible workplace company, which compared 26 cities around the world, grading them on a scale of 1 to 10 for the following categories: ClimateCultureAccommodationTransportFood and… […]

Gen Zs aren’t easing into the travel market — they are exploding into it.Despite their youth and comparatively low income, more than half of American Gen Z adults are frequent travelers, having taken three or more leisure trips in the past year, according to the data research company Morning Consult.That’s because traveling is more mainstream… […]