Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates
Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs
2023-06-15 20:51
Shedding equity: Housing slowdown leads to first annual drop in US homeowner equity since 2012
For the first time in more than a decade, the average U.S. homeowner with a mortgage has less home equity than they did a year earlier
2023-06-15 20:19
Philippines Says Companies’ Global Debt May Exceed Estimates
The Philippine central bank plans to require the nation’s largest business groups to disclose their foreign-debt levels due
2023-06-15 19:27
Biden targets junk fees with executives from Live Nation, SeatGeek and Airbnb
President Joe Biden is hosting executives from Live Nation, Airbnb and other companies at the White House to highlight his administration’s push to end so-called junk fees that surprise consumers
2023-06-15 17:23
2 men who helped run popular pirating website Megaupload sentenced to prison in New Zealand
Two men who helped run the once wildly popular pirating website Megaupload have each been sentenced by a New Zealand court to more than two years in prison
2023-06-15 16:49
The Fed has paused. How long will Europe's central bank keep raising rates in a shaky economy?
The U_S_ Federal Reserve has hit “pause.”
2023-06-15 16:17
UK lawmakers prepare to release their report on Boris Johnson and 'partygate'
Lawmakers are expected to release a long-awaited report Thursday on whether former British Prime Minister Boris Johnson misled Parliament over COVID lockdown-flouting parties at his Downing Street office
2023-06-15 15:53
West Coast dockworkers, shippers reach tentative contract agreement
The union for thousands of West Coast dockworkers has reached a tentative agreement on a new contract after more than a year of negotiations and several work disruptions that snarled shipping traffic at some of the largest ports
2023-06-15 14:53
Chinese premier meets with Palestinian president in effort to increase Middle East presence
Chinese Premier Li Qiang is meeting with visiting Palestinian President Mahmoud Abbas in a drive by Beijing to elevate relations and increase its overall presence in the Middle East
2023-06-15 13:53
Bill Gates visits China as leaders try to revive foreign business interest
Microsoft Corp. co-founder Bill Gates says he is visiting Beijing
2023-06-15 12:59
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:56
Canada suspends work with Chinese-founded development bank while it investigates complaints
Canada’s finance minister says it is suspending activity with a Chinese-founded development bank while it investigates complaints by a Canadian who resigned from the lender, saying it is dominated by “Communist Party hacks” and his country shouldn’t be a member
2023-06-15 12:51