By Linda Yueh, Adjunct Professor of Economics, London Business School. STR/AFP/Getty Images. That's essentially what the inclusion of the Chinese currency, the RMB or yuan, as the fifth global reserve currency in the IMF's SDR basket, signals.
London • The Bank of England says the country's seven biggest lenders have passed stress tests designed to see if they can withstand a slump in the global economy.
People who opened their wallets for Black Friday and Cyber Monday may want to keep them open just a bit longer to give back to an organization of their choice today, which is known as #GivingTuesday.
Car sales are on track to reach their highest November sales volume since 2001, as Black Friday deals against a favorable economic backdrop helped buoy a traditionally sluggish month damped by fewer selling days.
Amazon touted sales of Fire TV, Echo, and more but declined to reveal actual numbers. Amazon touted the sales of its own devices over the past holiday weekend, announcing that Thanksgiving, Black Friday, and Cyber Monday were the best ever for ...