crisis

Buying hot sports cars, changing hairstyles, and finding a mistress were classic signs of a midlife crisis — at least for older generations. A new study in Psychology shows that Millennials are so poorly off in today's economy that they…

Retail tycoon Mike Ashley's Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a "leadership crisis" at the fast fashion retailer. In an…

Even before global finance ministers head to Washington over the next few days, the International Monetary Fund has urged them in advance to tighten their belts. Two weeks before a US election that will likely define a new era, and with…

Europe's demographic challenges have become a time bomb for the region's economy, with Morgan Stanley offering bleak forecasts on the impact of these challenges on GDP. Morgan Stanley says Europe's aging population could cut 4% from the…

(Bloomberg) -- Humana Inc. investors haven't had a hard time. Nothing this bad since the global financial crisis 15 years ago.Most read from BloombergThe health insurer's stock price fell 22% on Tuesday and Wednesday alone, which last…

Europe's leading ski resorts face an "existential crisis" over the coming decades, as climate change threatens to permanently remove the snow covering their popular slopes. The World Meteorological Organization (WMO) says global warming…

Kenya's private sector activity deteriorated marginally in September due to persistent cash flow challenges affecting production and demand for goods and services, results of a monthly survey showed on Thursday. The Kenya Stanbic…

Lebanon is back in the news as conflict intensifies in the Middle East. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can slide into chaos. If you follow major events in the…

Supply is the heart of the housing problem—we’re missing millions of homes. Mortgage rates are also important, but not nearly enough. Nick Villa, an economist at Moody’s, has said that lowering interest rates won’t solve the housing crisis.…

Talks aimed at averting a nationwide work boycott by university professors and non-teaching staff have collapsed, paving the way for a strike to begin at midnight. The strike was called by the University Academic Staff Union and the…