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While the United Arab Emirates (UAE) boasts a prominent position in the global diamond trade, it lacks natural diamond mines.
In a shift atop the global wealth rankings, Jeff Bezos has surpassed Elon Musk to regain the title of the world's richest person, according to the Bloomberg Billionaires Index.
The traditional nine-to-five workday is evolving. As remote work becomes increasingly normalized, individuals are seeking more flexibility and a better work-life balance.
Amazon founder and executive chairman Jeff Bezos has sold approximately $2 billion worth of company stock, marking the first major sale since stepping down as CEO in 2021.
Starbucks, the global coffee giant, has revised down its yearly sales forecasts and fallen short of market expectations, primarily due to boycotts in the US and the Middle East.
In its latest move, the U.S. Federal Reserve has chosen to keep interest rates steady for the month, a decision aligned with their goal of navigating the country through a period of diminishing inflation.
In a significant development, FTX has officially abandoned its efforts to revive its cryptocurrency exchange, opting instead for the liquidation of all assets and the subsequent return of funds to customers.
In the realm of subjects often overlooked by the US education system, financial literacy takes the lead. A Forbes Advisor survey revealed that a staggering 79% of Americans aged 18 to 41 seek financial advice on social media
The “anti-growth coalition”, as it was named by Liz Truss during her brief premiership, just keeps on growing. The latest to sign up is the IMF, which warned Rishi Sunak off cutting taxes and suggests instead a boost to public spending.
