Finance
The Organization of the Petroleum Exporting Countries has agreed to raise its production targets in an effort to respond to global demand and stabilize energy markets. While the decision signals a willingness to increase supply, it does not necessarily translate into higher output in reality. Geopolitical tensions remain a key obstacle. Ongoing...
A company in China has attracted global attention after rewarding its employees in an extraordinary way. Instead of transferring bonuses to bank accounts, the company’s owner chose a far more dramatic approach—he placed large amounts of cash on tables and allowed workers to take what they wanted. The event took place during a company celebratio...
The long-standing belief that China will overtake United States as the world’s dominant economic superpower by 2040 is losing traction among many economists. Recent forecasts paint a more nuanced picture of the global economic landscape — one in which neither nation holds an uncontested claim to first place, and where other emerging economies pl...
Metals like gold have long been among the main investment havens in times of uncertainty. And recent market developments suggest that the upward trend in the gold price could continue in the months and years ahead. The current price of gold is hovering around all-time highs, and according to many experts, it is still not at the end of a growth p...
Walt Disney has come under both criticism and judicial scrutiny after a California court ruled that the company must pay billions to its employees. According to the ruling, Disneyland, which is part of the Walt Disney conglomerate, has not paid wages in accordance with the local living wage ordinance in recent years. The case, which affected ...
The Caribbean island of Anguilla may be small and hard to spot on a map, yet it has become one of the most surprising players in the digital economy. The reason is not its tourist resorts or exports, but the two-letter internet domain .ai, assigned to the island back in the 1990s. At the time, it was nothing more than a formal country code for t...
Manasi Mishra recently shared her disappointment on TikTok: after completing her computer science degree, she was invited to interview by only one company—the fast food chain Chipotle. Her story is not unique. Twenty-five-year-old Zach Taylor graduated with a degree in computer science from Oregon State University at a time when job offers in...
Nik Storonsky, co-founder and CEO of fintech giant Revolut, is bucking current trends in how he runs his company. At a time when tech companies are competing to offer employee benefits and emphasize work-life balance, Revolut is taking a different approach—an uncompromising focus on performance, numbers, and growth. Storonsky's management sty...
Donald Trump's trade policies, especially the imposition of tariffs, will weigh on US consumers in the long run, according to most members of the US Federal Reserve (Fed). These developments may affect the Fed's stance on interest rate changes. Their decisions will also affect foreign investors, including Czech ones, who have money in the US mar...