Voters in Thailand went to the polls on Sunday for an early general election that looks like a three‑way contest among different political ideas. The main players are the People’s Party, Bhumjaithai, and Pheu Thai, each with a nationwide network and enough support to win seats. The country has 53 mi
Trump has been busy talking about the economy, especially inflation. In five speeches since December, he said inflation was beaten or falling more than 20 times, but most people still see higher prices. He spent a lot of time on other topics – immigration, critics from the opposite party, and
Wall Street’s big bonuses are often tied to a question that many people don’t ask: what does the money actually do? In earlier times, banks took deposits and used them to build real things—railways, factories, homes. Today’s finance giants mostly make money by arranging deals, trading securities, an
Bitcoin and Ethereum have been lagging behind other investments like stocks and precious metals. This isn't necessarily a bad thing. There are a few reasons why this might be happening. First, there's a lot of deleveraging going on. This means people are pulling out their money, especially in crypt
The U. S. housing market is facing a tough time. Homebuilders are trying hard to attract buyers. They are offering deals like lower mortgage rates and smaller homes. But these deals are cutting into their profits. Pultegroup, a big homebuilder, just reported lower profits and sales. Their profit pe
In a recent gathering, a unique idea was put forward. The focus was on creating special savings accounts for every newborn in the country. This isn't just any savings plan. It's designed to grow over time, giving every child a financial head start. The event was filled with excitement. Business lea
Amazon is letting go of about 16, 000 corporate workers. This is the second big round of job cuts in just a few months. The company says it wants to use AI to do some of the work instead. They also want to make things simpler and get rid of extra layers in the company. Amazon didn't say which parts
Jerome Powell, the head of the Federal Reserve, has some advice for whoever takes his place when his term ends in May. He says, "Stay out of politics. " This is important because the Fed needs to make decisions based on what's best for everyone, not just a few people. Powell believes that if the Fed
Pennsylvania's natural gas industry is facing tough new rules. These rules are said to protect the environment. But many think they will hurt the industry. The rules would make it harder to drill for gas. They would increase the distance between gas wells and buildings, water supplies, and other imp
Silver prices have been skyrocketing, going from $45 to over $85 per ounce in a short time. But why? It's not just about people wanting more silver. The futures market, especially on the Chicago Mercantile Exchange (CME), is a big part of the story. The economy is doing well. People are spending mo
