Billionaire investor William Ackman increased his stake in sportswear company Nike by 15% and cut his investment in ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

U.S. Health and Human Secretary Robert F. Kennedy Jr. told Fox News on Thursday McDonald's ought to be incentivized to use ...

Using Consumer Price Index data, the Tribune is tracking 11 everyday costs for Americans and how they are changing under the ...

The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...

A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap suggests China’s currency could be undervalued, lending credence to ...

Threats by US President Donald Trump to cut funding to South Africa has sent the rand tumbling—making an already undervalued ...

There’s a saying that in a big city you are never more than six feet away from a rat. It’s an urban myth, but scientists are warning cities across the globe are becoming far rattier ...

The Core Personal Consumption Expenditure (PCE) Price Index, a crucial indicator of changes in consumer purchasing trends and inflation, has reported its latest figures. The actual number for the ...

The Core Personal Consumption Expenditure (PCE) Price Index, a crucial indicator of changes in consumer purchasing trends and inflation, has reported its latest figures. The actual number for the ...

TL;DR: Microsoft views the Xbox Series S parity clause as a strategic advantage because its games are now ready for low-power devices. While gamers (and sometimes developers) lament the Xbox ...

according to the latest Big Mac Index published by The Economist. The data highlights a dramatic shift, showing that Turkey is no longer a budget-friendly destination, with inflation and currency ...