Recessions and depressions

How a broke Argentine province is countering Milei’s deep austerity cuts

LA RIOJA, Argentina -- They look like cash, fit into wallets like cash and the governor promises they’ll be treated…

1 month ago

China to boost financing for approved housing projects to $560 billion to counter property slump

HONG KONG -- China will expand the amount of financing available for housing projects on a “white list” to 4…

1 month ago

Australia’s prime minister is criticized for buying a waterfront home during a housing crisis

MELBOURNE, Australia -- Australian Prime Minister Anthony Albanese has been criticized for buying a multimillion-dollar waterfront home during a national…

1 month ago

Collapse of national security elites’ cyber firm leaves bitter wake

WASHINGTON -- The future was once dazzling for IronNet.Founded by a former director of the National Security Agency and stacked…

2 months ago

Sri Lanka’s presidential election a test for current leader, 2 years after its economy hit bottom

COLOMBO, Sri Lanka -- Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days,…

2 months ago

Tupperware lifts the lid on its financial problems with bankruptcy filing

2024-09-19 06:05:03 NEW YORK -- The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II…

2 months ago

UK economy grows 0.6% between April and June as it recovers from recession

LONDON -- Britain's economy continued its recovery from recession at the end of last year, with its GDP increasing by…

3 months ago

Steward Health Care announces closure of 2 Massachusetts hospitals

BOSTON -- Steward Health Care announced Friday that is it closing two hospitals in Massachusetts because it received no qualified…

4 months ago

The US housing slump deepened in spring. Where does that leave shoppers and sellers?

LOS ANGELES -- The housing market shows few signs of busting out of its three-year funk after a disappointing spring…

5 months ago