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COVID variants are hitting US young hard

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Faster-spreading COVID variants are sending children and young adults to hospital with serious symptoms.

‘Like fire-fighting’: China carmakers struggle with chip shortage

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Automakers around the world have had to adjust assembly lines due to chip shortages caused by high demand for cars.

As Cuba turns page on Castro era, economic reform gains urgency

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Cuba is now confronting new and dire economic challenges along with historic ones.

Dogecoin rally sends alt coin to $48bn market value

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Dogecoin is now up 18,000 percent from a year ago, when it traded for $0.002 and was worth about $250 million.

‘It is really bad’: Nigerians go hungry as food inflation soars

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Millions across Africa's most populous nation struggle to make ends meet as food prices soar and the economy stalls.

India: migrant workers leave cities as COVID measures bite

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The government of Maharashtra state, home to Mumbai, imposed lockdown-like curbs on Wednesday for 15 days.

The IMF won’t let Venezuela access its share of new SDRs

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Venezuela in theory would be among the biggest recipients of $650bn in SDR aid the IMF is planning to give to...

For Erdogan’s Istanbul Canal project, critics see few winners

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The controversial canal would be the jewel in the crown of megaprojects launched under the Turkish president's watch.

Castro era in Cuba to end as Raul confirms his retirement

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Move marks the first time in 62 years that Cuba will not have a leader that is named Castro.

Crypto watershed, Amtrak Joe, China GDP and a $1.36m pixel

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We gather the numbers to know from the week’s biggest economic news stories so you can impress your friends.

J&J pitched vaccine makers industrywide probe on blood clots: WSJ

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Only AstraZeneca accepted Johnson & Johnson’s pitch, while Pfizer and Moderna declined, sources told the WSJ.

Turkey bans crypto payments and Bitcoin feels the pain

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Bitcoin fell more than 4% after Turkey's central bank banned the use of cryptocurrencies to pay for goods and services.

China posts record economic growth after plunge 12 months ago

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But quarterly comparison shows slowing momentum, with analysts forecasting levelling off in construction and exports.

Dow breaks past 34,000, S&P 500 hits week’s second record high

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It was the second time this week the S&P 500 registered a new best close and the Dow surpassed its previous...

Tesla’s Los Angeles and Maryland tunnels run into red tape

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Both US projects are currently mired in a regulatory no-man’s land of environmental review and have yet to break ground.

Equal pay bill poised to pass US House, faces long road in Senate

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The bill would make it easier for Americans to sue employers over pay discrimination.

Amazon’s Bezos: ‘we need to do a better job for our employees’

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In letter to shareholders, Bezos he said takes no comfort in Alabama warehouse workers voting against union push.

Keep kids under 13 off Instagram, advocacy group tells Zuckerberg

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A non-profit called on Facebook’s chief to cancel plans to launch an Instagram platform for preteen kids.

Turkey: Central bank holds rates in first meeting with new chief

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Turkey's central bank left its benchmark interest rate unchanged but dropped a pledge to deliver more rate hikes.

Boom! US retail sales spike, jobless claims drop to one-year low

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Americans receiving a fresh round of pandemic relief cheques and COVID vaccines injected big pep in the economy's step.

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