China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
Tech leaders like Sundar Pichai, Mark Zuckerberg, and Elon Musk led a workforce efficiency crusade in 2025. Jakub Porzycki/NurPhoto via Getty Images; Steve Granitz/FilmMagic The "efficiency" m...
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...
Tim Fung is the founder and CEO of Airtasker, a gig work app based in Australia. Airtasker Gig work underwent major changes with the rise of automation and increased competition in 2025. Tim Fung, CEO...
NFT minting accelerated even as buyers spent less, pushing the market toward a high-volume, low-price dynamic....
A girl reaches up to burst a large bubble on the Palace Plaza in Stuttgart, Germany, 19 October 2017. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images) Marijan Murat/...
RWA protocols have overtaken decentralized exchanges by total value locked, as tokenized Treasurys, private credit, and commodities become core onchain building blocks....
Article URL: https://economictimes.indiatimes.com/magazines/panache/no-shares-in-company-but-550-employees-received-a-240-million-gift-from-their-owner-for-staying-with-him-through-tough-times/article...
German Defence Minister Boris Pistorius is investing billions in European and international systems, from Czech pistols to US fighter jets. Why are those weapons not being purchased from German manufa...
US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...
I ventured to SoHo to see the refreshed Target store. Jordan Hart/Business Insider Target debuted an immersive, redesigned SoHo store to showcase its style revamp. The SoHo location features apparel, ...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) be...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Russian President Vladimir Putin took questions on the war and the economy during his annual televised phone-in event. Contributor/Getty Images Most Russians expect the war with Ukraine to end in 2026...
Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
Many leaders I spoke with took non-traditional paths to their current jobs. gradyreese/Getty Images/iStockphoto I spoke to around 80 executives in 2025, over 30 of whom worked at Fortune 500 companies...