Latest economy news, business developments, financial market updates, investment insights, entrepreneurship trends, and expert economic analysis from the Arab World and around the world. Stay informed about the economic issues shaping businesses, industries, markets, and public policy.
Global news consumption patterns have evolved in recent years, with growing attention to the phenomenon often described as “news fatigue.” In multiple countries, surveys and media studies indicate that a portion of audiences is reducing exposure to continuous news coverage, particularly during periods marked by overlapping international crises. Research conducted by institutions such as the…
Trying to devise a one-size-fits-all description for ultraprocessed foods is flummoxing federal regulators. For months, the health secretary, Robert F. Kennedy Jr., has promised to create a definition of ultraprocessed, a crucial part of the Make America Healthy Again agenda. In mid-April, he testified before Congress that the Food and Drug Administration had forwarded a…
Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down. Leslie Josephs/CNBC BALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first. “It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told…
Ashley Owens expected Saturday to be stressful. She was, after all, the maid of honor in her friend’s wedding in Las Vegas that evening. But when she woke up on Saturday, she discovered that her Spirit Airlines flight home on Sunday to Texas had been canceled because the company had shut down for good. Mrs….
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The Trump administration is seeking to fast-track $8.6bn of arms sales to allies in the Middle East to fortify them against attack from Tehran during the US-Israeli war against Iran. Secretary of State…
Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over…
By some measures, the legal cannabis industry is flowering. It has grown to around $30 billion today from less than $20 billion just six years ago. But investors have remained wary of its high taxes, marijuana’s illicit status at the federal level and the operational costs of complying with a patchwork of state regulations. Now…
Travelers in Terminal 1 at John F. Kennedy International Airport in New York, March 1, 2026. Michael Nagle | Bloomberg | Getty Images As airfare continues to climb amid the Iran war, prospective travelers may be wondering: Should I buy my plane ticket now or wait to see if things improve? Travel experts say the…
Pedestrians walk along Wall Street outside of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images The closure of the Strait of Hormuz has caused a worldwide economic ripple effect, hiking prices of everything from gas to pharmaceuticals and causing shortages of…
A still from Netflix’s ‘Beef.’ Courtesy: Netflix In the new season of the Netflix comedy-drama, “Beef,” Ashley, played by Cailee Spaeny, lands in the hospital due to an ovarian cyst. The waiting area is bleak, with gray decor and patients who look like they’ve been stranded there for years. Ashley’s partner, Austin, played by Charles…
