ECONOMIC

Oct 15 2024BUSINESS

Keir Starmer Promises Red Tape Slash at Investment Summit

British Prime Minister Keir Starmer kicked off an international business conference in London with a promise to cut through red tape. He aimed to attract billions in foreign investments to boost the UK's economy. Starmer reassured investors about a new workers' rights bill, saying it would enhance j

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Oct 14 2024POLITICS

Vice President Harris' Plan to Empower Black Entrepreneurs

Vice President Kamala Harris is rolling out a new plan to support Black-owned businesses, particularly focusing on Black men. This comes as former President Donald Trump sees increasing support from Black voters. Her latest initiative promises loans of up to $20,000, which can be forgiven, for entre

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Oct 14 2024POLITICS

Harris Aims to Empower Black Men with New Economic Plans

Vice President Kamala Harris recently unveiled a set of new proposals aimed at empowering Black men. This comes at a time when she is looking to bolster her support base, especially among Black men who might be reluctant to vote for her. Recent polls suggest she has room to grow her support among Bl

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Oct 14 2024BUSINESS

Why Do Wealth Gaps Persist? Meet the Economists Who Found Out

On October 14, 2024, three U.S.-based economists won the Nobel Prize in Economic Sciences. The winners, Daron Acemoglu and Simon Johnson from MIT, along with James Robinson from the University of Chicago, were recognized for their work on how institutions shape a country's wealth. Their research exp

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Oct 14 2024BUSINESS

Why Some Countries are Rich and Others Poor: A Study of Colonial Legacies

Ever wondered why some countries are wealthy while others struggle with poverty? Three professors from the US, including two born in the UK, have just won the Nobel Prize in Economics for figuring out part of the answer. They found that the political and economic systems set up by colonisers hundred

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Oct 14 2024BUSINESS

Three Economists Win Nobel for Work on Global Inequality

Meet the economists Daron Acemoglu, Simon Johnson, and James Robinson - they just won the Nobel Prize for their fascinating work on global economic inequality. These guys are from MIT and the University of Chicago, but none of them were born in the US. They've been looking into how colonialism shape

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Oct 14 2024FINANCE

China's Finance Ministry Prioritizes Local Debt Over Economic Boost

China's Ministry of Finance recently held a press briefing, highlighting its focus on resolving local government debt issues rather than providing the economic stimulus markets were hoping for. Finance Minister Lan Fo'an outlined four key measures to support local governments in managing debt risks.

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Oct 14 2024BUSINESS

Britain's Big Investment Day: Where's Elon?

Britain's new Labour government just announced a huge 63 billion pounds ($82 billion) investment plan. The focus? Artificial intelligence, life sciences, infrastructure, and technology. This happened at a big business summit in London. Guess who wasn't there? Elon Musk. His social media platform, X,

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Oct 14 2024POLITICS

The Truth Unveiled: Why Trump's Team Keeps Him Hidden

Vice President Kamala Harris recently stirred up a storm when she suggested that Donald Trump's team is keeping him out of the public eye due to concerns about his mental stability. In a candid chat on Roland Martin Unfiltered, she revealed her economic plans targeting Black men, contrasting them wi

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Oct 13 2024FINANCE

Which Presidential Candidate is Better for Wall Street?

In just over a month, voters will decide the country's future. While not all presidential actions affect Wall Street, the economic policies of the incoming administration can significantly impact the stock market. Over the past two terms, stocks have performed well. During Donald Trump's presidency

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