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Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month"

While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest Univer…

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Sri Lanka records stronger liquidity, revenue growth amid stable external sector

Sri Lanka’s economic indicators issued by the Central Bank of Sri Lanka (CBSL) reflected mixed but generally stable trends during the week ending May 8, 2026, with improvements in banking sector liquidity, government revenue performance, and private sector credit growth, according to the latest weekly economic highl…

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Sri Lanka and Viet Nam to strengthen digital economy cooperation

In conjunction with the state visit of President of the Socialist Republic of Viet Nam, Tô Lâm to Sri Lanka, a special discussion on enhancing cooperation in the digital economy sector between the two countries was held Friday (8) between the Deputy Minister of Digital Economy, Eranga Weeraratne, and Nguyen The Trun…

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CHED’s blanket ban on tuition hikes raises legal and policy concerns

AT a time of economic uncertainty, it is understandable that the government would seek to shield Filipino families from additional financial burden. The impact of rising oil prices and broader global instability is real, and students and parents are among those most vulnerable to its effects. But good intentions, no…

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