EconomyWeb | Global Economic Outlook

US Business

By in America on October 5, 2016
USA • Business
Italy's president refuses to certify minister, denying prime minister's ability to form a government
May 27, 2018
Italy's political landscape grew even shakier Sunday after the president refused to approve a proposed Cabinet minister with views critical of the euro currency.
I'm tired of ordering Alexa and Siri around — we need male virtual assistants
May 27, 2018
The ever-present female subordinate in every home and pocket is sending a bad message.

Business News
More than 220,000 pounds of Spam recalled over oral injuries
May 27, 2018
Four consumers complained about metal objects in the food
Celebrity pot entrepreneurs
May 27, 2018
From fashion to fragrance, celebrity sells. And with marijuana sales expected to reach $8-10 billion by the end of this year – and projected to double to $20 billion by 2022 – more celebs are investing money and lending their names to get a foothold in this growing market. Ben Tracy talks with Tommy Chong (who helped invent the stoner comedy genre), who's put his name to Chong's Choice marijuana, on sale in six states; and with Melissa Etheridge, whose experience with marijuana to relieve the effects of cancer chemotherapy has inspired her to build a farm for medical marijuana products.
Seeing green: Celebrities selling marijuana
May 27, 2018
From fashion to fragrance, celebrity names have always promoted products – so why not in the growing market for recreational and medical marijuana?
Stacey Cunningham makes history as first woman to lead NYSE
May 26, 2018
In its 226-year history, the NYSE is ushering in a new era
Business Analysis

Wife of Korean Air chief summoned over abuse allegations
May 28, 2018
South Korean police have summoned the wife of Korean Air Chairman Cho Yang-ho to question her about allegations she abused and assaulted employees.
What markets are closed on Memorial Day?
May 28, 2018
Despite geopolitical tensions, the major averages closed the week in positive territory.
Oil prices fall as top three producers look to boost supplies
May 28, 2018
Russia, Saudi Arabia and the U.S. all eye increased output.
Brazil president hopes measures will end crippling strike
May 28, 2018
A strike by Brazilian truckers that has caused shortages at gas stations and supermarkets across Latin America's biggest country has entered a seventh day with no immediate solution in sight.
Business Report
US officials enter North Korea to prepare for summit
May 27, 2018
Talks raise hopes of meeting between Trump and Kim despite setbacks
US presses China to sign long-term import contracts
May 27, 2018
Potential deals on energy and agricultural products could hit EU and other US allies
Trump accuses Mueller probe of destroying ‘young’ lives
May 27, 2018
President renews attack on special counsel’s investigation into Russian meddling
When will the US Fed stop tightening?
May 27, 2018
The FOMC is not raising its estimate of equilibrium rates despite the fiscal stimulus
Trump rule change set to see criticised US savings product return
May 27, 2018
Some experts say variable annuities are too complicated and offer a poor deal for consumers
The surge is over — why $50 oil is now more likely than $100
May 27, 2018
Hedge funds convinced themselves that they understood market fundamentals better than the professionals