The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
1970-01-01 08:00
Lululemon shares surge as consumers snap up pricier athletic wear
Shares of Lululemon Athletica Inc soared 15% in premarket trading on Friday, after the premium apparel retailer defied
1970-01-01 08:00
OPEC+ unlikely to agree bigger oil cuts on Sunday, sources say
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA OPEC and its allies are unlikely to decide
1970-01-01 08:00
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
1970-01-01 08:00
SNB vice chairman: ready to tighten policy further, inflationary pressure broadening
ZURICH The Swiss National Bank is ready to tighten its monetary policy to combat inflationary pressure, which it
1970-01-01 08:00
GM, Posco Future to expand EV battery supply chain
General Motors Co and POSCO Future M said on Friday the companies will expand their electric vehicle battery
1970-01-01 08:00
Roundup: Zendaya, Tom Holland Returning for 'Spider-Man 4'; Nuggets Win Game 1; SEC Sticking to Eight-Game Schedule
Zendaya, Tom Holland will be back for "Spider-Man 4", the Nuggets won Game 1 of the NBA Finals, the SEC will keep eight-game schedule and more in the Roundup.
1970-01-01 08:00
In Norway, Indigenous Sami protest outside prime minister's office against wind farm
Dozen of activists including Indigenous Sami are protesting outside the office of Norwegian Prime Minister Jonas Gahr Støre
1970-01-01 08:00
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
1970-01-01 08:00
London Black Cab Owner Geely Explores Raising Fresh Funds
Zhejiang Geely Holding Group Co. is considering raising funds for the maker of London’s iconic black cabs, people
1970-01-01 08:00
Biden to enforce ban on oil, gas drilling to protect tribal sites around New Mexico's Chaco
The Biden administration is implementing a 20-year withdrawal banning oil and gas development outside the boundaries of Chaco Culture National Historical Park in northwestern New Mexico
1970-01-01 08:00
Poland's president proposes urgent amendments to law on Russian influences
Polish President Andrzej Duda has said unexpectedly that he was proposing urgent amendments to a contentious law on Russian that he signed this week and that drew U.S. and European Union criticism
1970-01-01 08:00