By Richa Naidu and Eva Mathews Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave

BOSTON--(BUSINESS WIRE)--Oct 2, 2023--

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Nov 9, 2023--

By Jeff Mason and Jarrett Renshaw WASHINGTON The U.S. Energy Department has talked to oil producers and refiners

US crude production reached the second-highest level on record in July as output from Texas’s Permian Basin soared

By Katie Paul NEW YORK Meta's head of augmented reality software is stepping down from his role, a

Welcome to Travel Week, a seven-day stretch where we celebrate our wanderlust with the best buys on everything from stylish packing cubes to keep you organized to once-in-a-lifetime vacations. Whether you’re planning a local staycation or traveling across the world, adventure awaits. Away we go!

Amazon has been quietly raising the amount some customers must spend on its site to get free shipping

A clear win for Thailand’s pro-democracy opposition parties in Sunday’s election is expected to benefit retailers, consumer goods

A bitter feud between crypto tycoons has piqued the interest of US investigators who were already looking into

French defence and technology group Thales said on Wednesday it started talks to buy French supplier of airborne