US consumer sentiment dips in August; inflation expectations improve
WASHINGTON U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year
2023-08-11 22:27
US consumers are feeling gloomier about the economy for the first time this summer
Americans became slightly more gloomy about the economy this month, following two straight months of growing optimism.
2023-08-11 22:15
Hard Landing Is Here for Trade, Roiling World Export Champs
Supply Lines is a daily newsletter that tracks global trade. Sign up here. As economists gauge the likelihood
2023-08-11 19:50
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:55
Subway is now charging extra for a cheese slice in India
Subway sandwiches in India will no longer come with the option of a free cheese slice following revisions to its menu that analysts say are more about cost-cutting than just a matter of taste.
2023-08-11 16:49
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:28
China property giant Country Garden warns of up to $7.6bn loss
It is the latest signal of the major issues faced by the world's second largest economy.
2023-08-11 10:29
Mushrooms are being farmed in Abu Dhabi's desert
Mushrooms usually sprout from dark, damp forest floor or bloom on fallen tree branches. But now, a startup in Abu Dhabi called Below Farm is growing them in the desert.
2023-08-11 09:59
Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law
By Kanishka Singh WASHINGTON Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to
2023-08-11 07:24
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:46
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
2023-08-11 04:28
US inflation ticks higher in July on housing costs
The rate of price growth rose to 3.2% in July but analysts said the underlying picture showed progress.
2023-08-10 22:51