Economy

The U.S. food supply is “not at risk” from the return of the flesh-eating screwworm ​parasite to Texas, U.S. Department of Agriculture Secretary Brooke Rollins said Monday. “This is not a virus, it’s not a disease, it’s just a little pest, a larva that lands in a calf’s wound, for example, and it can be […]

Chip stocks are bouncing back Monday, but the rebound doesn’t mean tech investors are in the clear. The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has effectively anchored the entire macro tech narrative moves with that kind of violence, we shouldn’t treat it as routine noise. To […]

Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 29, 2026. Stringer | Reuters There is a high likelihood that the shipping traffic in the Strait of Hormuz will not return to normal this year, according to prediction market traders. There is now a 66% chance on Kalshi that the strait […]

Lordhenrivoton | E+ | Getty Images When people think of how much to save for retirement — and, subsequently, how to spend that money wisely in older age — many worry about the risk of running out of money early. They fear the possibility of overspending. But there’s another less-appreciated danger, too, according to financial […]

I wonder what it would be like to live in most of the places I visit, but I know I can’t make everywhere home. As much as I would love to wake up in Sydney every morning, Australia is just a little too far away from everywhere else. As vibrant as Istanbul is, it’s a […]

A few Christmas Eves ago, Nicola Slawson got very, very drunk. The London-based writer had spent the previous Christmas with her ex and was attempting to bury those memories. “I was going through a heartbreak and I think I really didn’t handle it well,” says Slawson, who writes The Single Supplementa newsletter for single women […]

An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006.Lucas Schifres | Getty ImagesChina’s demand for many major commodities has been growing at “robust rates,” Goldman Sachs said in a recent note.The investment bank observed that China’s demand for copper has risen 8% year on year, while appetite for iron ore… […]

An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak on July 23, 2023 in Hong Kong, China.Future Publishing | Future Publishing | Getty ImagesThe World Bank trimmed its growth forecast for developing East Asia and Pacific, citing a sluggish China and global demand amid still-high interest rates and dampened… […]

An elderly man collects fresh cherries in a field on the outskirts of Srinagar on 28 May, 2018.Sopa Images | Lightrocket | Getty ImagesIndia’s elderly population is predicted to double by 2050 and overtake the number of children in the country, according to the United Nations Population Fund. The number of people aged 60 and above… […]

Sheldon Cooper | Lightrocket | Getty ImagesAmazon customer service representatives this weekend have been handling a wave of inquiries from customers who received suspicious and confusing email confirmations about gift card purchases they had not made.Customers on social media said they were sent three consecutive emails, some Saturday night and others Sunday morning, thanking them… […]