Business Archives - First Balkan Media

DOJ Charges Five in Nationwide Student Aid Fraud Scheme, Seizes $750,000 in Cryptocurrency

Operation Ghostbusters targets a scheme that allegedly used stolen American identities to create fake college students and steal federal financial aid. Investigators have identified more than $32 million in losses, with the

October 29, 2026

Business·Whats New

U.S. Economy Grows 3.4% in Third Quarter, Fastest Pace in a Year

Strong consumer spending and a surge in business investment helped drive economic growth above economists’ expectations, giving President Donald Trump’s administration a positive economic headline amid continued concerns about inflation and household

October 29, 2026

Business·Whats New

Serbian National Arrested in Italy With 22 Kilograms of Cocaine Worth €1.8 Million

Italian financial police say the drugs were hidden in a specially modified compartment beneath the car’s center console and could have yielded up to 25,000 individual doses. A 36-year-old Serbian national has

October 29, 2026

Business·Serbia

US dollar banknotes resting on a laptop computer keyboard

US Economy Expected to Grow 3.2% as AI Investment and Consumer Spending Rise

The US economy may have grown at a faster pace in the third quarter of 2026. Strong consumer spending and major investments in artificial intelligence helped support business activity, economists say. A

October 29, 2026

Business

Small American flag resting on US dollar banknotes, including a twenty-dollar bill.

Federal Reserve Keeps Interest Rates Unchanged: What It Means for Americans

The Federal Reserve kept interest rates unchanged on Wednesday, October 28, as inflation remained a concern across the United States. The decision comes as many Americans face high costs for housing, groceries

October 29, 2026

Business

How Much Money Do You Need to Live Comfortably in the Balkans, Europe and the United States?

The monthly income threshold for the upper-middle class ranges from €603 in Macedonia to €6,490 in Switzerland. In the United States, a comparable benchmark would be around $6,200 per month, based on

October 28, 2026

Business

Tipping at Self-Checkout? Newark Airport Removes 18% Tip Prompt After Backlash

A $6.49 bottle of water sparked outrage after a traveler was asked to leave an 18% tip at an unattended airport kiosk. Officials say the prompt will be removed immediately. Tipping fatigue

October 28, 2026

Business·Entertainment

U.S. Rents Hit Three-Year High as Rental Demand Surges Nearly 20%

Rising mortgage costs are pushing would-be homebuyers into the rental market, increasing competition for available housing and putting further pressure on renters’ budgets. Renters across the United States are facing a tougher

October 28, 2026

Business·Whats New

Microsoft Offers Voluntary Buyouts to 60,000 Employees as AI Investments Surge

The program covers eligible workers in the United States, Canada, the United Kingdom and India, including employees in AI, Copilot, Xbox and Windows divisions. The move comes as Microsoft pours billions of

October 28, 2026

Business·Whats New

Walmart Announces Extended Black Friday and Cyber Monday Sales for 2026

The retail giant will spread its holiday deals across several weeks, giving shoppers more time to find discounts as U.S. holiday spending is projected to surpass $1 trillion for the first time.

October 27, 2026

Business·Whats New

Rare Nanotyrannus Skeleton ‘Jodi’ Sells for $47.3 Million at Sotheby’s Auction

Once believed to be a juvenile Tyrannosaurus rex, the rare dinosaur fossil shattered expectations at auction in New York, reigniting debate over the private ownership of scientifically significant specimens. A rare dinosaur

October 27, 2026

Business·Entertainment·Whats New

International Tourism to the U.S. Continues to Decline Despite World Cup Boost

International arrivals remain below 2025 levels despite a World Cup boost in June. Western European visits have declined, raising concerns about the United States’ appeal to overseas travelers. International tourism to the

October 27, 2026

Business·Whats New