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The Digital Revolution’s Double-Edged Sword

Digital developments that have upended businesses throughout the global economy, from music to manufacturing, are also changing what the world trades and how manufacturers and merchants move and sell their goods. Experts tell VOA’s Jim Randle, the digital revolution presents significant opportunities, but also serious problems, for countries. …

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Trade Optimism Lifts Stocks, But 2018 Ends in Red

Equities around the world rose Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in what has been a punishing end of year for markets. The U.S. benchmark S&P 500 stock index advanced in light trading volume after U.S. President …

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The Euro Currency Turns 20 Years Old on Tuesday

The euro currency turns 20 years old on January 1, surviving two tumultuous decades and becoming the world’s No. 2 currency. After 20 years, the euro has become a fixture in financial markets, although it remains behind the dollar, which dominates the world’s market. The euro has weathered several major …

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NASA Probe to Make History New Year’s Day

NASA scientists are getting a very special New Year’s Day gift. The New Horizons spacecraft is moving into unexplored space beyond Neptune to investigate objects so far out in our solar system they can hardly be seen by telescope. As VOA’s Kevin Enochs reports, the trip far out in space …

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Social Media’s Year of Falling From Grace

Silicon Valley has enjoyed years of popularity and growing markets. But 2018 has been rocky for the industry. Data breaches, controversies over offensive speech and misinformation — as well as reports of foreign operatives’ use of their services — have left many people skeptical about the benefits of social media, …

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Strong Week, Yet Horrible Month for Wall Street

Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November.    Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Stocks spent much of the day wavering between small gains and losses, ultimately …

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US Fossil Fuel Exports Spur Growth, Climate Worries

In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. They look like a hive of bees scurrying over a massive circuit board as they weld together the latest additions to the rapidly growing fleet of tankers carrying super-chilled …

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Dow Finishes Up 1.1 Percent as US Stocks Rebound

Wall Street stocks finished solidly higher Thursday following a late-afternoon surge as worries over slowing economic growth gave way to bargain-hunting. The Dow Jones Industrial Average finished at 23,138.82, an increase of 1.1 percent and up some 870 points from the low point of the session. The broad-based S&P 500 …

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Report: US Retail Holiday Sales Best in 6 Years

Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the best holiday retail season in the last six years. The Mastercard SpendingPulse report tracks retail spending across all payment types, …

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