Summer spending at bars & restaurants surges as Americans shrug off inflation, recession fears
Americans didn’t let persistent inflation and lingering worries about a recession cut into summer spending on eating and drinking out
1970-01-01 08:00
Turkey’s central bank raises interest rates again in another sign of normalizing economic policy
Turkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies
1970-01-01 08:00
Stock market today: Asian shares mostly rise after Wall Street rally
Asian shares are mostly rising after Wall Street rallied to its best day since June after pressures from the bond market relaxed a bit
1970-01-01 08:00
It’s Raining Cash at Qantas in Supercharged Post-Covid Era
Alan Joyce is bowing out at Qantas Airways Ltd. with an unprecedented cash splurge, underscoring the profitability of
1970-01-01 08:00
The Fukushima nuclear plant is ready to release radioactive wastewater into sea later Thursday
The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant says it will begin releasing the first batch of treated and diluted radioactive wastewater into the Pacific Ocean later Thursday
1970-01-01 08:00
US says stolen COVID relief funds seized so far top $1.4 billion
By Kanishka Singh WASHINGTON The U.S. Justice Department said on Wednesday it has seized over $1.4 billion in
1970-01-01 08:00
With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going well
With about three weeks until contracts expire with Detroit’s three automakers, the head of the United Auto Workers union says bargaining isn’t going well
1970-01-01 08:00
Justice Department announces charges against hundreds of alleged COVID-19 fraudsters
Hundreds of people have been charged with the theft of more than $830 million in COVID-19 emergency aid following a nationwide operation conducted by federal, state and local law enforcement agencies, the U.S. Justice Department announced Wednesday
1970-01-01 08:00
Wisconsin Democrats want to ban sham lawsuits as GOP senator continues fight against local news site
Wisconsin Democrats are trying to prohibit the use of expensive, sham lawsuits to deter criticism by news outlets and members of the public
1970-01-01 08:00
Workers in Disney World district criticize DeSantis appointees' decision to eliminate free passes
Employees of Walt Disney World’s governing district are criticizing new board members appointed by Gov. Ron DeSantis for a decision to eliminate free passes and discounts to the theme park resort for 400 of its district workers
1970-01-01 08:00
Kohl's posts declines in 2Q profits and sales, joining other stores facing cautious spending
Kohl’s reported on Wednesday that profits dropped nearly 60% on weak sales in the second quarter, joining a slew of retailers that are wrestling with shoppers’ cautious spending in a challenging economy
1970-01-01 08:00
Peloton 4Q sales top Street, but posts bigger-than-expected loss partly on recall costs
Peloton managed to beat sales expectations during its fiscal fourth quarter, but the exercise equipment maker reported a bigger loss than anticipated partly due to recall costs and a shift in consumer spending
1970-01-01 08:00