Economy

In April, General Electric split itself up to focus on wind power, aerospace and health care. Its finance and media divisions are long gone.

While the labor market is still tight, some owners aren’t feeling like they need to hike pay as much as they did earlier in the pandemic.

An influx of federal investment in the Arizona metropolis is meant to energize the nation’s tech industry and accelerate job creation. Will it work?

El Savador’s President Nayib Bukele took on gang violence by introducing a state of emergency in 2022. The country is now safer, but its economy is struggling to grow.

Having once enjoyed vibrant growth, China’s wine industry is being held back by trade barriers, changing tastes and a flagging economy.

The stat, called labor share of national income, is being squeezed by globalization, declining union membership and automation.

And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.

The agency’s estimates that immigrants will add $7 trillion to gross domestic product over the next decade.

Campaigns and advocacy groups may spend up to $17 billion on ads in 2024. Many pitches will focus on the local and the personal.

He cited job growth and cheaper drugs for seniors, among other things.