Business News

Etsy divests Depop, the popular Gen Z secondhand clothing marketplace acquired for $1.6B in 2021, to eBay in strategic business move.

Edison International CEO Pedro J. Pizarro leads executive compensation cuts following the destructive Eaton Fire. Southern California Edison responds to crisis.

Trump's immigration policies cause 98,000 hospitality job losses as ICE raids create fear among immigrant workers, major union reports.

Federal Reserve meeting minutes show policymakers taking measured stance on interest rate decisions, with Chair Powell emphasizing meeting-by-meeting approach.

Analysis of potential Bank of England interest rate cuts and their impact on mortgages, loans, and savings for UK consumers in 2024.

Christine Lagarde reportedly considering leaving European Central Bank presidency before her eight-year term concludes in October 2027, sources reveal.

Chancellor Friedrich Merz confronts China's economic challenge threatening German manufacturing. New trade barriers under consideration to combat unfair practices.

German pharmaceutical giant Bayer agrees to massive $7.25 billion settlement with cancer patients claiming Roundup weedkiller causes cancer.

European regulators investigate Shein over illegal product sales and addictive platform features that may violate consumer protection laws.

Youth unemployment in the UK reaches its highest level in nearly five years as economic challenges and skills gaps continue to impact young job seekers.