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BUSINESS

How gold fosters economic growth and prosperity

Business, Andrew Naylor, Published on 12/12/2024

» As we move into 2025, gold offers a unique opportunity to provide stability amid geopolitical uncertainties. Traditionally, gold is a symbol of prosperity and wealth in Thai culture, often used to celebrate major family milestones such as weddings, birthdays and the arrival of newborns.

BUSINESS

Fed Plans 2023 Launch of Faster Payments System

Business, Andrew Ackerman, Published on 01/09/2022

» The Federal Reserve is set to launch a long-awaited faster payments system by next summer, a step that officials say will modernize an outmoded infrastructure and ensure that near-instant payments become widely available.

BUSINESS

What's Holding Back Boeing's 787 Dreamliner?

Business, Andrew Tangel & Jemal R. Brinson, Published on 28/06/2022

» After debuting in 2011, Boeing Co.'s 787 Dreamliner has become popular among the world's airlines. But heightened scrutiny both inside and outside the company in recent years has revealed a number of production flaws and largely prevented it from delivering new Dreamliner jets for nearly two years.

BUSINESS

FAA Plans Warnings to Pilots, Airlines Over New 5G Rollout

Business, Andrew Tangel & Ryan Tracy, Published on 01/11/2021

» US air-safety regulators are preparing to issue warnings to pilots and airlines about potential interference with key cockpit safety systems by a new 5G wireless service slated to go live as soon as early December, according to current and former government and aviation industry officials briefed on the matter.

BUSINESS

Stablecoins Eyed as U.S. Begins to Lay Ground for Rules on Cryptocurrencies

Business, Andrew Ackerman, Published on 27/09/2021

» The Biden administration is taking aim at so-called stablecoins as it begins to lay the ground for stricter regulation of cryptocurrencies that could shape the future of digital money.

BUSINESS

Boeing Dreamliner Deliveries Face New Delays

Business, Andrew Tangel, Published on 31/05/2021

» Boeing Co. has halted deliveries of its 787 Dreamliners, adding fresh delays for customers following a recent five-month suspension in handing over the aircraft due to production problems, people familiar with the matter said.

BUSINESS

Fed to Test Ability of Largest Banks to Weather a Recession

Business, Andrew Ackerman, Published on 16/02/2021

» The Federal Reserve said it would test the ability of the largest U.S. banks to weather a hypothetical recession in which markets seize up and unemployment jumps above 10%.

BUSINESS

Boeing's New Big Plane Is Its Big New Problem

Business, Andrew Tangel & Andy Pasztor & Benjamin Katz, Published on 08/02/2021

» Boeing Co.'s newest jetliner is becoming its latest big problem, stretching out development, racking up a huge charge and complicating the plane maker's bid to navigate the Covid-19 pandemic.

BUSINESS

Travel Is Bouncing Back, but Tourists Stick Close to Home

Business, Andrew Jeong & Philip Wen, Published on 20/07/2020

» A New Zealand ski resort recently staffed up as locals piled in. Vacationing South Koreans, with few foreigners in sight, pack the buffet lines at fancy hotels. Cottage rentals in the U.K. have nearly doubled over last year--mainly driven by British travelers.

BUSINESS

This Year's Stress Test For Big Banks Is Real: the Coronavirus Pandemic

Business, Andrew Ackerman, Published on 13/04/2020

» The Federal Reserve has for a decade made up hypothetical doomsday scenarios to test the ability of big banks to withstand a crisis. This year banks--including JPMorgan Chase & Co., Bank of America Corp., and Goldman Sachs Group Inc. --will be tested against a real one: the coronavirus pandemic.