Student loan costs to balloon £10bn a year – IFS report
The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.
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A doorbell camera in Chesterfield, Virginia, recently caught a man snatching a box containing a $1,600 new iPad from the arms of a FedEx delivery driver. Barely a day goes by without a similar report. Package theft, often referred to as “porch piracy,” is a big crime business. While the price tag of any single stolen…
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Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion…
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In an interconnected world where businesses span continents and markets are as global as your local supermarket’s produce section, the supply chain is the unsung hero of our modern economy. However, recent years have shown that this complex web of logistics and commerce is more fragile than previously thought. Let’s dive into the tumultuous waves…
The 2023 U.S. economy, in a dozen charts
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment….
