Italy may have dodged a 'pasta strike' but food inflation is still high. Here's why
Italians were supposed to be on a "pasta strike" this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far higher than a year ago, despite precipitous drops in the cost of key raw materials.
1970-01-01 08:00
What could break as interest rates rise?
LONDON Markets are on the alert to which sectors will buckle under the sharpest jump in interest rates
1970-01-01 08:00
US Pending-Home Sales Drop to Lowest This Year on Limited Supply
US pending home sales in May fell to the lowest level this year as high mortgage rates and
1970-01-01 08:00
Uncrustables Are Expensive, Ultraprocessed and Flying Out of Freezers
Few meals are as easy or cost-effective to slap together as a peanut butter and jelly sandwich. Nonetheless,
1970-01-01 08:00
NYC Air Quality Alerts Return, Flights Canceled: Weather Watch
The eastern US is covered with air quality alerts from Iowa to Maine, including New York, as smoke
1970-01-01 08:00
Geneva Airport says flight cancellations likely as strike set for Friday
GENEVA Geneva Airport said some of its employees were planning to stage a strike on Friday that was
1970-01-01 08:00
H&M Shares Gain on Progress Clearing Out Excess Inventory
Hennes & Mauritz AB shares surged after the Swedish fast-fashion retailer made progress reducing a longstanding inventory buildup,
1970-01-01 08:00
The State of World Energy Explained in 4 Charts
Every year for nearly seven decades, oil major BP Plc published its Statistical Review of World Energy, tallying
1970-01-01 08:00
Meituan Buys Co-Founder’s Months-Old AI Startup for $234 Million
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
1970-01-01 08:00
Chinese Are Becoming More Pessimistic About Incomes and Housing
More Chinese are seeing their incomes dropping now and expect housing prices to fall in the coming three
1970-01-01 08:00
A $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity South
Drive along the 240-mile stretch of the Atlantic coast from Charleston, South Carolina, through the grassy marsh land
1970-01-01 08:00
China Regulators Step Up Yuan Surveys as Currency Slump Worsens
China’s regulators are stepping up scrutiny of currency trading and cross-border capital flows, according to people familiar with
1970-01-01 08:00