Trump tariffs ignite global recession fears

In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises

Sharif Mohammad

Gen Z Poses A Problem For The Luxury Industry

From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. …

Oil Slips To Six-Month Low As Recession Fears Weigh

Oil hit a six-month low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower U.S. crude and gasoline…

Stocks Struggle as China Rate Cut Sends Oil Tumbling

Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy,…

How to Minimize the Damage of Layoffs

Know why you must cut costs, envision the company's future, set a cost reduction target, keep those who are essential to your future, and conduct layoffs with respect. Business leaders these days…

Peter Cohan

Syria’s Shadow Economy

The Syrian regime's government has recently increased its calls for investors from expatriate countries to return and invest in Syria, despite the fact that the international community has yet to…

Jiwan Soz