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Sunny days for the economy can’t last forever

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1. It’s getting late: The recovery from the Great Recession is already one of the longest economic expansions in American history. And recently the economic cycle has gone from humming along to booming. Unemployment is down to a 17-year low, small busine... More »

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Citigroup CEO scores a 48% raise to $23 million

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Citigroup boss Michael Corbat just got a huge raise. Corbat scored $23 million in total pay last year, the bank said on Friday. That’s a cool 48% above what he made in 2016. The pay hike underlines Citi’s (C) success in bouncing back from its near-... More »

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Is now the time to invest in South Africa?

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South African President Cyril Ramaphosa says his country is entering “a new era” following the ouster of his scandal-plagued predecessor, Jacob Zuma. Investors appear to agree. The country’s benchmark stock index has surged 5% since Zuma step... More »

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Volkswagen is off to its best start … ever

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One month, 898,700 cars sold. Volkswagen Group said Friday that it has set a new sales record for January, with global deliveries increasing 10% over the same period in 2017. “That is the best start to the year in the history of the Volkswagen Group,R... More »