In recent years, defining the middle class has become a slippery issue for economists. That’s largely because the income range that institutions use to define this cohort is so broad. Up Next: I’m a ...

US-based semiconductor manufacturer Wolfspeed Inc. shares jumped more than 50% during the pre-market trading session on the New York Stock Exchange (NYSE) on Tuesday, 30 September 2025, as the ...

Professor in Economics of the Middle East, Philipps-Universität Marburg, Germany. Henry J Leir Professor of Practice in the Economics of the Middle East at Brandeis University. Members of the UN ...

Singapore has once again claimed the top spot in this year’s Economic Freedom Index, becoming the world’s freest economy, which continues to show resilience and prosperity. Switzerland is in second ...

DUBAI-Emirates (EK) is working on new Economy Class seats designed to improve passenger comfort on ultra-long-haul flights from Dubai International Airport (DXB). The carrier believes the redesign ...

Troubled auto-part supplier First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...

When a bank lends you money to buy a house or a car, it looks at your overall finances. How much money do you make? How much debt do you have? How good have you been at paying off past debts? It's ...

CVS Health subsidiary Omnicare, a pharmacy services provider for long-term care businesses, may explore a restructuring or sale. Also: the fight over who pays for GLP-1 weight loss drugs, AI device ...

CVS Health subsidiary Omnicare has filed for Chapter 11 bankruptcy protection two months after the long-term care business was ordered to pay $949 million when a federal court found it liable for ...

U.S. Treasury Secretary Scott Bessent said on Monday that he expects to complete interviews of 10 of 11 candidates to replace Federal Reserve chair Jerome Powell by the end of next week, including ...

The rationalised Goods and Services Tax (GST) rates came into effect on 22 September. After the upward revision in income tax slabs – effectively a tax cut – announced in the 2025-26 Union Budget, the ...