ECONOMY

Aug 28 2024BUSINESS

Abercrombie & Fitch's Strong Sales Can't Save Stock, Kohl's Boosts Earnings Forecast, and More Business News

In this business news roundup, Abercrombie & Fitch reports better-than-expected sales but sees a drop in stock price, Kohl's raises its full-year earnings outlook, Hyundai plans to double its hybrid car lineup, and more. Retail Abercrombie & Fitch's sales skyrocket, but investors remain unsatisfie

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Aug 27 2024ENVIRONMENT

Saudi Oil Revenues Plummet: OPEC+ Cuts and Low Prices Take Their Toll

Saudi Arabia, the world's leading oil exporter, has experienced a significant decline in its oil revenue, reaching a three-year low in June 2024. According to data from the General Authority for Statistics, the kingdom earned 66.314 billion Saudi riyals ($17.683 billion) from oil sales in June, mark

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Aug 27 2024SCIENCE

Michigan Voters Dismal About Biden Economy: American Greatness/TIPP Survey

In a recent American Greatness/TIPP survey conducted in Michigan, a staggering 64% of registered voters stated that they are worse off financially than they were four years ago during Donald Trump's presidency. This sentiment spans across party lines, with only 29% of respondents indicating that th

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Aug 27 2024FINANCE

Brazil's Economic Miracle-Maker: Antonio Delfim Netto (1928-2023)

Antonio Delfim Netto, the legendary Brazilian finance minister who masterminded the country's economic boom in the late 1960s and early 1970s, has passed away at the age of 96. During his tenure as finance minister from 1967 to 1974, Mr. Delfim Netto served as the economic architect of the military

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