A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya,…
Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering…
If you are holding onto your aging printer or cracked smartphone longer than you had planned, you are not alone. Heather Mitchell, 69, retired and living in Tucson, Arizona, is content with her phone even though it is old by smartphone standards. “My Samsung Galaxy A71 is six-years-old. It’s hanging in there surprisingly well for…
Even as the U.S. economy adds jobs, there are fewer employment prospects for college graduates just starting out, as those armed with a newly minted diploma are facing one of the toughest job markets in a decade, studies show. “Right now is a really difficult time to find a job,” Cory Stahle, senior economist at Indeed Hiring Lab,…
The Washington Post | The Washington Post | Getty Images At 12:30 p.m. in midtown Manhattan on mid-week office days, long lines still form outside Chipotle, Cava, and Sweetgreen. Fast-casual bowls remain the defining lunch of the hybrid-work era, something quick to carry, simple to eat at a desk, and familiar enough to order without…
Treasury yields were lower on Friday as investors contemplated the latest developments surrounding the Federal Reserve’s interest rate outlook. The yield on the benchmark 10-year Treasury fell more than 4 basis points to trade at 4.059%. Yields across the maturity curve ticked lower, with the 2-year Treasury yield shedding more than 5 basis points to…
As winter’s chill settles in across the U.S., and electricity bills become a bigger budgeting issue, most Americans will rely on their usual sources of warmth, such as home heating oil, natural gas, and electric furnaces. But in a few cases, crypto is generating the heat, and if some of the nascent crypto heat industry’s…
A college degree is often considered the ticket to a well-paying career, and more than three million new graduates enter the workforce every year banking on that promise. However, this year, those armed with a newly minted diploma have faced one of the toughest job markets in a decade. And next year could be as…
Scott Rechler, RXR Chairman and CEO, and Bill Rudin, Rudin Management Co-Chairman, speaking at CNBC’s Delivering Alpha event in New York on Nov. 13th, 2025. Adam Jeffery | CNBC New York Mayor-elect Zohran Mamdani’s views have sparked fears that there will be an exodus of companies and capital from the city. But two of the…
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images The International Energy Agency’s latest outlook signals that oil demand could keep growing through to the middle of the century, reflecting…
