US jobless claims filings highest since 2021, but job market remains healthy
The number of Americans filing for jobless claims last week rose to its highest level in four months, though the labor market remains healthy by historical standards
2023-05-11 20:49
Turkish presidential candidate withdraws in boost to Erdogan's main challenger
A candidate in Turkey's presidential election has withdrawn from the race, a move that is likely to bolster President Recep Tayyip Erdogan’s main challenger
2023-05-11 20:47
Hot employment market shows signs of cooling
The hot jobs market has been defying a weakening economy and confounding the Federal Reserve for months, but now shows signs of cooling
2023-05-11 20:17
UK gives cruise missiles to Ukraine; Kyiv delays counteroffensive as it waits for more weapons
The British government has announced it is giving long-range cruise missiles to Ukraine to help drive out Russia’s occupying forces
2023-05-11 20:15
UK sending Ukraine long-range cruise missiles
British Defense Secretary Ben Wallace says the U.K. is sending Ukraine long-range cruise missiles to help push back Russian forces
2023-05-11 19:48
Japan's Honda records lower profit, projects recovery ahead on sales rebound
Honda’s profit for the fiscal year that ended in March has dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic
2023-05-11 19:46
How Europe is at the forefront of building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faced a pivotal moment
2023-05-11 17:56
Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights
Long-haul carrier Emirates says it saw its most-profitable year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation
2023-05-11 17:49
Nissan reports surging profit amid strong sales, easing chip crunch
Japanese automaker Nissan is reporting a seven-fold surge in January-March profit and forecasting strong sales for this fiscal year riding on the popularity of its new model offerings
2023-05-11 17:24
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:25
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
2023-05-11 14:59
Bank of England set to raise UK interest rates to highest level since 2008
The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday
2023-05-11 14:16