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Economy

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S&P 500, Dow slip in volatile session as yields rise, earnings disappoint

 The Dow and the S&P 500 slipped in choppy trading on Thursday as a jump in bonds yields, downbeat corporate

US online sales in Amazon’s Prime Day rise to $12.7 billion, Adobe Analytics data show

 U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted

Turkey earthquake could result in loss of up to 1% of country’s GDP in 2023

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country’s gross

The new economics of industrial policy

Industrial policy is at the heart of the current economic discourse, propelled by major legislative acts from the Biden administration.

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