Economy

Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies

Judge: Musk Can Use Twitter Whistleblower But Not Delay Case

Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, …

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LogOn: Augmented Reality Books Expand Storytelling

Augmented reality books add new dimensions to storytelling by including animation and sound. VOA’s Genia Dulot reports from Los Angeles, California. …

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E-Commerce Company Jumia Launches Drone Deliveries in Ghana

Africa’s largest e-commerce company, Jumia, launched the first commercial drone delivery service on the continent this week, offering delivery of products across Ghana. After more than three months of testing …

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Twitter Tests Long-Awaited Edit Button, Will Roll Out to Paid Subscribers

Twitter is internally testing a widely requested edit button, a feature that will be rolled out to paid subscribers in the coming weeks, the social media company said Thursday. For …

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VOA Interview NASA Astronaut Victor Glover

VOA’s Kane Farabaugh spoke with NASA Astronaut Victor Glover ahead of Monday’s scheduled Artemis launch from Cape Canaveral, Florida. While the launch was postponed, NASA’s quest to return to the …

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Musk Cites Whistleblower as New Reason to Exit Twitter Deal

Elon Musk and Twitter lobbed salvos at each other Tuesday in the latest round of legal filings over the billionaire Tesla CEO’s efforts to rescind his offer to buy the …

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Excitement Over Cryptocurrency Tinged With Fear

The price of Bitcoin and other cryptocurrencies has fallen dramatically in recent months. Still, many investors are excited about the future of digital currencies despite the risks. VOA’s Michelle Quinn …

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Elon Musk Subpoenas Twitter Whistleblower Ahead of Trial

Elon Musk’s legal team is demanding to hear from Twitter’s whistleblowing former security chief, who could help bolster Musk’s case for backing out of a $44 billion deal to buy …

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US Navy Turns to Driverless Ships for Indo-Pacific Strategy

As the U.S. military continues to consider China’s military strength in the Indo-Pacific region, the U.S. Navy is turning to driverless ships to multiply its forces. VOA’s Jessica Stone takes …

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NASA Moon Rocket on Track for Launch Despite Lightning Hits 

NASA’s new moon rocket remained on track to blast off on a crucial test flight Monday, despite a series of lightning strikes at the launch pad. The 322-foot (98-meter) Space …

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Experts Worry Digital Footprints Will Incriminate US Patients Seeking Abortions

The U.S. Supreme Court’s overturning of protections for abortion rights has intensified scrutiny of the personal data that technology firms collect. Apple, Facebook and Google typically comply with legal requests …

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For First Time, Facebook, Twitter Take Down Pro-US Influence Operation

This summer, for the first time, Facebook and Twitter removed a network of fake user accounts promoting pro-Western policy positions to foreign audiences and critical of Russia, China and Iran, …

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California Phasing Out Gas Vehicles in Climate Change Fight 

California set itself on a path Thursday to end the era of gas-powered cars, with air regulators adopting the world’s most stringent rules for transitioning to zero-emission vehicles. The move …

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Ukrainian Company Repairs Broken Drones to Help Military

Unmanned aerial vehicles, or drones, are playing a huge part in the war in Ukraine. But keeping them in the air can be challenging. One Ukrainian company is doing just …

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‘Silicon Lifeline’: Report Reveals Western Technology Guiding Russia’s Weapons in Ukraine

Microelectronics produced in the United States and allied countries are crucial components of Russian weapons systems used in the Ukraine invasion, according to a report by Britain’s Royal United Services …

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India’s Vast Rural Areas Plug into Digital Economy  

In the past year, there has seen a dramatic transformation in the way customers pay for their purchases in Banuri, a village in the Himachal Pradesh state of North India. …

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India’s Vast Rural Areas Plug into Digital Economy

In India, an initiative to bring internet access across the country has helped millions plug into new digital technologies. One of them is a payments system that is transforming the …

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Ukraine Cyber Chief Visits ‘Black Hat’ Hacker Meeting in Las Vegas

Ukraine’s top cyber official addressed a room full of security experts at a hackers convention following a two-day trip from Kyiv to a casino in Las Vegas. During his unannounced …

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Facebook Use Plunges Among US Teens, Survey Finds

U.S. teens have left Facebook in droves over the past seven years, preferring to spend time at video-sharing venues YouTube and TikTok, according to a Pew Research Center survey data …

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Race for Semiconductors Influences Taiwan Conflict 

China has blocked many of Taiwan’s exports in retaliation for U.S. House Speaker Nancy Pelosi’s visit to Taiwan on August 2, but certain goods including semiconductors and high-tech products have …

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Biden Signs Semiconductor Bill Boosting US Competitiveness

U.S. President Joe Biden has signed the CHIPS and Science Act, which aims to boost U.S. competitiveness against China by allocating billions of dollars toward domestic semiconductor manufacturing and scientific …

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Australia to Permit Offshore Wind Farms 

Offshore wind farms are to be permitted for the first time in Australia. The Climate Change Minister Chris Bowen has declared part of the Victoria coast an offshore wind zone …

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