Why current US recession warnings are unlike all the others
Economic experts are once again ringing the alarm bells over an imminent downturn. A US recession is coming, they say, in the second half of 2023. That time frame begins less than three weeks from now.
2023-05-12 19:46
The real reasons stores are closing in big cities
Nordstrom, Whole Foods and other big chains have closed stores in major US cities recently, raising alarm about the future of retail in some the country's most prominent downtowns.
2023-05-12 19:45
Elon Musk says he's found a new CEO for Twitter
Elon Musk on Thursday said he's found a new CEO to take over Twitter, months after he first promised to step back from the role.
2023-05-12 17:15
Australia's trade minister visits China to lobby for 'full' restoration of trade
Australia's trade chief has arrived in China to lobby for the removal of curbs from its top trading partner, three years after relations soured when the previous administration in Canberra called for an investigation into the origins of Covid-19.
2023-05-12 14:30
Audit finds holes in ECB's management of bank credit risk
FRANKFURT European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially
2023-05-12 13:29
Private equity investor identified as political contributor allegedly duped by George Santos
Private equity investor Andrew Intrater is one of the people federal prosecutors allege Rep. George Santos induced to donate money as part of an alleged scheme that diverted purported political contributions to Santos' personal use, Intrater's lawyer confirmed to CNN on Thursday.
2023-05-12 08:19
74 million tourists visited Orlando, Florida, almost reaching pre-pandemic levels
Tourism official say more than 74 million visitors came to the Orlando, Florida area last year, a benchmark just short of pre-pandemic levels
2023-05-12 06:46
White House takes signature law off negotiating table in early spending, debt ceiling talks
The White House is drawing its battle lines.
2023-05-12 05:00
Biden, McCarthy's Friday debt ceiling meeting postponed, White House says
By Jeff Mason and Jarrett Renshaw WASHINGTON A debt limit meeting between U.S. President Joe Biden and top
2023-05-12 04:48
Santos avoids prosecution in deal with Brazilian authorities in fraud case
US Rep. George Santos has signed a deal with Brazilian authorities to avoid prosecution in lieu of a confession, reimbursement for the victim and a fine to the state stemming from a 2008 fraud case, his attorney said.
2023-05-12 03:58
New York passes bill banning weight discrimination
Victoria Abraham graduated from New York University last year, ready to enter the job market. She is a self-proclaimed "fat activist" who has found her voice as a content creator online, but has concerns about applying for new job.
2023-05-12 03:52
JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
2023-05-12 02:46