Economy

Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table

Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

From FedEx to airlines, companies are starting to lose their pricing power

After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…

A slew of new conflicts could erupt in 2024, analysts say — while the world is watching Gaza and Ukraine

With the eyes of the world on the ongoing wars in Ukraine and Gaza, an unprecedented number of potentially “catastrophic”…