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Latest Economy, Inflation and Business News: Live Updates

Treasury Secretary Janet L. Yellen in Washington.Credit…Sarahbeth Maney/The New York Times WASHINGTON — At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen told lawmakers that it was time to “act big” on a pandemic relief package, playing down concerns about deficits at a time of perpetually low interest rates and warning that […]

Landis+Gyr’s EV Charging Business Picks Up Speed with Software Contract in New Zealand

Meridian Energy will deploy the OCEAN Charge Point Management System for the management and monetization of their public charging network across the country. CHAM, Switzerland, June 7, 2022 /PRNewswire/ — Etrel, a Landis+Gyr (SIX: LAND) company providing integrated e-mobility solutions, and Meridian Energy, New Zealand’s largest electricity generator, signed an agreement to adopt the Etrel […]

Ringgit opens lower as US dollar firms up

Ringgit notes are seen at a money changer in Kuala Lumpur June 20, 2018. — Bernama pic Tuesday, 07 Jun 2022 10:04 AM MYT KUALA LUMPUR, June 7 — The ringgit reversed its gains against the US dollar to open lower on Tuesday as the latter firmed up while bets for further rate interest rate […]

Closure of dog track could fetch new business

SOUTH TUCSON, Ariz. (KGUN) — The Greyhound track in the City of South Tucson is closing soon but closing the Greyhound park may open a world of opportunities for the site and for South Tucson. The dogs don’t run anymore at the Tucson Greyhound Track in the City of South Tucson. For several years it’s […]

Business leaders must act to protect American democracy

The health and stability of American democracy are in the midst of serious threats, putting our elections and business environment at risk. The business community can take decisive action to support democracy and turn the tide. America was downgraded from a “full” to a “flawed” democracy by the Economist Intelligence Unit in 2016, and multi-pronged […]

China zero-Covid policy realigns global economy, financial markets

In October 2020, China won plaudits as the first major economy to emerge from the Covid-19 pandemic, reporting quarterly growth that was seen as an endorsement of Beijing’s zero-tolerance policy, or locking down cities and millions of people at the first sign of an outbreak.  How that narrative has shifted.  China’s so-called zero-Covid policy is […]

Sri Lanka holds its breath as new PM fights to save economy

Placeholder while article actions load COLOMBO, Sri Lanka — It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink of an economic abyss that threatens to tear it apart. The five-time prime minister has inherited a […]

West Hartford Business Buzz: June 6, 2022 – We-Ha

A round-up of openings, closings, and other news about West Hartford businesses. By Ronni Newton Meteorological summer began on June 1, but even though we’ve had some toasty warm days what I am really craving is the lazy days of summer and the chance to enjoy the weather a bit. There was so much activity […]