Today: September 12, 2026
Today: September 12, 2026

Economy

Economy

US imposes new sanctions on Raul Castro's grandson, Cuban companies

The U.S. imposed new sanctions on Thursday on five Cuban companies and the grandson of 95-year-old revolutionary leader Raul Castro, as the Trump administration

Business|Economy|Environment|Science

US Forest Service closing 23 research facilities as part of reorganization under Trump

The U.S. Forest Service is closing 23 research stations in more than a dozen states as part of an organizational overhaul under President Donald Trump

Business|Economy

Trump turns to a dual economic and military approach in latest attempt to squeeze Iran

Confronted by an intransigent Iranian government that has refused to back down in the face of a massive military campaign, President Donald Trump appears to have settled on a dual-prong approach

Arts|Economy|Education|Finance|Health|Technology

Maryland launches family and medical leave insurance program with payments of up to $1,000 a week

Maryland launches family and medical leave insurance program with payments of up to $1,000 a week

Business|Economy|Environment|Science|Sports

Edouard’s flood threat finally wanes after dumping 20+ inches on east Texas

Edouard’s flood threat finally wanes after dumping 20+ inches on east Texas

Business|Economy|Technology

Automakers urge Congress to quickly pass law banning Chinese cars

A group representing major automakers on Thursday urged Congress to pass legislation permanently barring Chinese vehicles from the U.S. market before

Arts|Economy|Environment

US fixed 30-year mortgage rate rises to highest since July 2025

The average rate on the popular U.S. 30-year fixed-rate mortgage ​rose this week to its highest in more than a year, a fresh pain point for households already dealing

Economy|Political|US|World

Canada ready for US trade deal that benefits both countries, Carney says

Canadian Prime Minister Mark Carney said on Thursday his government was ready to sign a trade deal with the U.S. that benefits both countries, adding any agreement would

Business|Economy|Political|World

Oil investors need democratic Venezuela for stability, opposition leader says

Only a "serious, democratic government" can provide the stability needed by investors in Venezuela's oil sector, opposition leader and Nobel Peace Prize winner

Arts|Business|Economy|Education|Entertainment|Europe|Finance|MidEast|US

US labor market remains stable; services input price rises point to elevated inflation

The number of Americans filing claims for unemployment benefits rose marginally last week amid low layoffs, pointing to stable labor market conditions

Business|Economy

Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higher

There is no more premium for safe, liquid U.S. government debt, pushing the neutral level of interest rates higher, Federal Reserve

Arts|Economy|Europe|Finance|Technology

Revolut wins conditional US banking license

British fintech Revolut said on Thursday it has received conditional approval from the U.S.

Business|Economy|Finance|World

Oil prices mixed as investors weigh Middle East escalation, chance of Russia-Ukraine peace deal

Oil prices were mixed on Thursday, supported after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to

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Out-of-state drivers owe Maryland nearly $1 billion in unpaid tolls

Out-of-state drivers owe Maryland nearly $1 billion in unpaid tolls

Business|Economy|Finance|Political

Will Federal Reserve hike rates later this month? Waller muddies the outlook

Federal Reserve governor Christopher Waller says that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not

Economy|Environment|Political|Science|Technology

Brazil’s Senate passes rare earth minerals regulation, paving the way for boosted exploration

Brazil’s Senate has approved a bill to regulate the exploration of critical minerals, including rare earths, marking a step toward exploiting its vast reserves

Business|Economy|Science|Technology

Tesla keeps hyping robotaxis as its future. But it’s trailing rival Waymo in a field yet to prove profitable

Tesla keeps hyping robotaxis as its future. But it’s trailing rival Waymo in a field yet to prove profitable

Business|Economy|Finance

Average rate on a 30-year mortgage climbs to highest level in 13 months

Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year

Business|Economy|Finance|Food

Tyson Foods cuts profit outlook again as pressure from cattle shortage worsens

Tyson Foods cut its annual profit forecast for a second time within a month on Thursday as tight U.S. cattle supplies, volatile prices and

Business|Economy|Finance

Strong demand boosts US services sector activity in August

U.S. services sector activity picked up in August as strong demand lifted new orders to a 3-1/2-year high and drove input prices higher, suggesting inflation could

Business|Economy|Finance

Mortgage rates hit a new high for 2026, marching closer to 7%

Mortgage rates hit a new high for 2026, marching closer to 7%

Business|Economy|Finance

Canada July trade surplus shrinks, US exports drop

Canada's trade

Arts|Economy|Finance|Interview

Fed's Waller channels his inner John Lennon with a plea to 'give disinflation a chance'

By Michael S.

Economy|Finance

Bank of England's Pill says higher rates would help head off inflation pressure

Bank of England Chief Economist Huw Pill said that raising interest rates now would help reduce the chance that the central bank has to be more aggressive in future to tame

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A Lebanese man held prisoner in Israel is released and handed over to Lebanon

A Lebanese man held in Israel has been released, marking the first such handover since the Israel-Hezbollah conflict began six months ago

Arts|Business|Economy|Finance|Science|Stock Markets|Technology

Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion

Business|Economy|Environment|Health|Lifestyle

High heat adds another obstacle to Indy flood recovery efforts

High heat adds another obstacle to Indy flood recovery efforts

Economy|Environment|Science

Trump administration ratchets up its fight to get more oil flowing from California

The Trump administration has been fighting with California officials over offshore oil projects and the state's coastal commission, which works to protect the state's shores

Business|Economy

US trade deficit widens in July; capital goods imports hit record high

The U.S. trade deficit widened sharply in July as strong domestic demand boosted imports, positioning trade to exert another drag on economic growth in the third quarter

Economy|Political|World

Resistance to Bolivia IMF deal grows as groups meet over fuel crisis

Opposition to Bolivia's $1.9 billion International Monetary Fund (IMF) program is gaining traction as civic groups, unions and business leaders increasingly link fuel

Business|Economy

Canada's services PMI hits six-month low as trade tensions grow

Canada's services economy contracted at its steepest pace in six months in August as rising trade tensions and geopolitical instability weighed on new

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Wall St opens higher after Fed's Waller signals patience on rate policy

Wall Street's main indexes opened higher on Thursday after Federal Reserve Governor Christopher Waller said he was open to leaving interest rates unchanged this month if data

Business|Economy|Finance

China deploys first 2026 policy financing funds to spur investment

China Development Bank has disbursed 460 million yuan ($68.47 million) under the first tranche of China's 2026 policy-based financing tool, state media reported on Thursday

Business|Economy|Health

Haleon secures better shelf space at Walmart, Target in bid to boost market share

Sensodyne toothpaste maker Haleon has quietly negotiated better spots on shelves at U.S. retailers including Walmart and Target, to gain more visibility at a

Arts|Business|Economy|Finance|Food

Campbell's taps price hikes, cost cuts as results 'remain unacceptable'

Campbell's said on Thursday it has closed plants, cut jobs and planned more price increases on select products as the soup-and-snacks maker seeks to

Business|Economy|Finance|Stock Markets|US

Blackstone private credit fund maintains 5% cap as redemption requests remain elevated

Blackstone is continuing to cap withdrawals at its flagship private credit fund as requests to pull money remained elevated in the third quarter, according to

Business|Economy|Finance|Stock Markets|Technology

Snowflake's AI-powered results send shares soaring, buoy software stocks

Snowflake shares surged nearly 25% on Thursday after the company raised its annual product revenue forecast, strengthening investor confidence that AI-related

Arts|Business|Crime|Economy|Entertainment|Finance

Billionaire investor Leon Black sues and declines to testify in House committee’s Epstein investigation

Billionaire investor Leon Black sues and declines to testify in House committee’s Epstein investigation

Business|Economy|Technology

What to expect from Friday’s jobs report – and AI in the future

What to expect from Friday’s jobs report – and AI in the future

Business|Economy|Finance

US second-quarter productivity growth unrevised

U.S. worker productivity growth picked up in the second quarter, the government confirmed on Thursday, helping to keep labor costs in check.

Business|Economy|Technology

Aircraft lessor Azorra sees engine issues improving, strong demand for regional jets

Aircraft lessor Azorra sees signs that Pratt & Whitney's engine troubles are easing and expects strong demand for smaller, fuel-

Business|Economy|Technology

Airbus slows A330 deliveries after stray object found in plane

Airbus has been forced to slow deliveries of its A330neo jet after a stray tool was discovered in the tail section of an aircraft in production, a person

Economy|Political|World

Putin cites chance of peace deal, Zelenskiy says US negotiators to visit both countries

Russian President Vladimir Putin said on Thursday there was a chance of reaching an agreement to end the war in Ukraine, while Ukrainian

Asia|Business|Economy|Science|Technology|Travel

Tech pilgrims flock to China as global innovation race heats up

Humanoid robots working on factory floors, AI models challenging global rivals and electric-vehicle plants

Business|Economy

Shoppers are less peeved by cost hikes due to scarcity – but retailers more often blame their own rising costs

Shoppers are increasingly hunting for value, which puts the onus on businesses to tread carefully when justifying price hikes.

Business|Economy

Unemployment claims tick up to 206,000 but remain at historically low levels

More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels

Business|Economy|Finance|Stock Markets|US

Labor days

Some calm has returned to world markets over the past 24 hours as oil prices steadied and the angry bond market cooled down a bit.

Business|Economy|Technology

Polestar cuts full-year delivery forecast after US bars China-linked EV maker

EV maker Polestar on Thursday cut its full-year delivery forecast, hurt by Washington's crackdown on Chinese-linked vehicles that forced it out of the United States, sending its

Business|Economy|Europe|Finance

ECB to raise rates a second time in September, but then done, say economists: Reuters poll 

The European Central Bank will raise interest rates on September 10 for the second and final time in what would be its shortest hiking campaign in 15

Business|Economy|Finance|World

Analysts raise Canadian dollar forecasts, expecting trade tensions to ultimately fade: Reuters Poll

Canada's dollar will edge lower in coming months before notching moderate gains in a year if a resolution is reached in the trade conflict with the United

Economy|Europe|Political

ECB's Schnabel may leave early for IMF job, Handelsblatt reports

European Central Bank board member Isabel Schnabel is in talks with the International Monetary Fund to take a senior role and may leave the bank before her term in Frankfurt

Arts|Asia|Business|Economy|Finance|Stock Markets|World

S&P Global Ratings warns of risks from China's generous credit ratings 

Generous credit ratings are baking risks into China's booming bond market as Beijing attracts foreign issuers, S&P Global Ratings' Asia-Pacific ratings chief said on

Business|Economy|World

Russia can manage its growing budget deficit, Putin says

Russian President Vladimir Putin said on Thursday that the size of the budget deficit, which grew by 40% from January to July this year to

Business|Economy|Finance

Why India's strong GDP growth is raising eyebrows

India's unexpectedly strong economic growth has sparked a debate after an ex-bureaucrat questioned whether the expansion was overstated and a former

Business|Economy|Travel|World

With Japan tightening rules for foreign residents, some wonder if it’s time to say ‘sayonara’

With Japan tightening rules for foreign residents, some wonder if it’s time to say ‘sayonara’

Business|Economy|Europe|Finance

Euro zone overall business growth held steady in August, PMI shows

Growth in the euro zone's dominant services industry slipped to a two-month low in August though solid and broad-based demand kept overall private sector activity on an even

Business|Economy|Europe|Finance|World

UK economy gathers pace but cost pressures intensify, PMI shows

Activity in Britain's dominant services sector grew for the second month in a row in August and confidence rose, according to a survey on Thursday that also showed more

Business|Economy|Europe

France services activity contracts faster in August on weaker demand, PMI shows

France's services sector contracted more than expected in August, as weaker demand and extreme heat weighed on sales and inflationary pressure crept back up, a business

Business|Economy|Europe|Finance

German services sector downturn eases in August on stronger demand, hiring

Germany's services sector contracted marginally in August as tougher financial conditions, high costs and customer caution weighed on activity, a business survey showed on

Business|Economy|Europe|Finance|MidEast|World

Swiss economy grows at fastest rate in nearly five years

The Swiss economy grew by 1.5% in the second quarter of 2026, the government said on Thursday, its fastest growth rate in nearly five years.

Economy|Technology

Taiwan proposes extra $4.6 billion in defence spending for this year

Taiwan's cabinet on Thursday proposed an additional T$145.7 billion ($4.59 billion) in defence spending for this year for systems including drones and anti-ballistic

Business|Economy

Kenya private sector activity slows in August, PMI shows

Kenya's private sector activity contracted for the first time in three months in August, as supply constraints and cost pressures led companies to reduce output and

Arts|Economy|Environment|Finance|MidEast|Science|Technology|World

Oil prices hit fresh 6-week highs on renewed Middle East tensions

Oil prices hit fresh six-week highs on Thursday after new U.S. strikes on Iran and renewed Israeli threats against Tehran heightened concerns about

Business|Economy|Finance

European stocks recover from one-month lows as bond yields retreat

European stocks rose on Thursday after three straight sessions of losses, as a global bond selloff eased and investors looked

Economy|Political|World

Ukraine's drone attacks caused turmoil for Russians throughout summer

Russians have experienced a summer of turmoil because of the war in Ukraine

Business|Economy

Italy weighs the results as Giorgia Meloni’s government sets a longevity record

Premier Giorgia Meloni’s conservative administration became Italy’s longest-serving uninterrupted government since World War II at 1,413 days on Thursday

Business|Economy|Finance

South African private sector activity expands slightly in August, PMI shows

South African private sector activity expanded slightly in August as higher new orders supported output and purchasing, a business survey showed on Thursday.

Arts|Business|Economy|Finance|Technology

Chinese e-commerce moves to next phase after delivery price war changes shopping habits

China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics,

Arts|Economy|Environment|Europe|Fashion and Beauty|Finance|MidEast|Sports

Beijing accuses Pacific forum host Palau of 'hype' over its missile test

Beijing has accused Palau of "hype" over its Pacific missile test, after the host of the regional Pacific Islands Forum on Thursday urged the group to

Arts|Business|Economy|Technology

VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO

Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast, the country's largest carmaker, plans to

Arts|Business|Economy

India's services growth picks up in August but stays near four-year low, PMI shows

India's dominant services sector accelerated slightly in August but persistently subdued new business kept overall activity near its weakest in more than four years, a

Business|Economy|Finance|Stock Markets|US

Bonds breathe sigh of relief

A look at the day ahead in European and global markets from Rocky Swift Battered bond markets licked their wounds on Thursday, with yields in the U.S. and Japan edging lower, but little has changed to

Arts|Economy|Education|Health

Hundreds of thousands of eligible kids are waiting for childcare assistance

Childcare costs are straining families

Business|Economy|Finance|Political

Trump signs bill to avert government shutdown before midterm elections

U.S.

Business|Economy

China services activity quickens on stronger domestic demand, private PMI shows

China's services activity expanded at a faster pace in August, a private-sector survey showed on Thursday, with stronger domestic demand helping firms add staff for a

Business|Economy|Political|World

Chinese official hails prospect for cooperation with Russia in far east

China's Vice Premier Ding Xuexiang told Russian President Vladimir Putin that prospects were "broad and promising" to strengthen cooperation on development in the far east,

Arts|Business|Economy|World

Xi visits Egypt as China seeks deeper influence across the Mideast

China’s President Xi Jinping visits Egypt this week for the first time in a decade

Economy|Election|Political

Trump promises to campaign for Republicans and says they have a winning midterm message

President Donald Trump is urging Republican lawmakers to run on his White House record despite his sagging popularity

Arts|Economy|Finance|Interview

IMF's Georgieva says rising bond yields threaten progress on developing country debt

Ballooning debt and rising bond yields in advanced economies are threatening to undo developing and low-income countries' progress in

Arts|Business|Economy|Finance

Australia raises capital requirements for ING's local unit after overstating liquidity position

Australia's prudential regulator said on Thursday that it set license conditions for ING's local unit, requiring the bank to hold more liquidity and capital after it overstated its

Economy|Education|Environment|Health|Science

From hunger to obesity: Developing world faces growing threat to child health

Intan Permatasari's mother simply couldn't refuse her daughter's pleas for food.

Business|Economy

Japan services growth hits five-month high, PMI shows

Japan's services sector expanded at its fastest pace in five months in August, as stronger domestic demand lifted business activity and new work, a private survey showed on

Arts|Business|Economy|Environment|Food

US Justice Department expands beef price probe to eight retailers

The U.S.

Business|Economy|Finance|Stock Markets|Technology

Olympus-backed Accelevation files for US IPO

Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering on Wednesday, seeking to tap into the investor demand for companies serving the

Arts|Business|Economy|Environment|Technology|World

60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz

60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz

Business|Economy|Finance|Stock Markets|Technology

Pet food platform Golden Pet Brands taps banks for IPO, sources say

Golden Pet Brands, which owns Dr.

Business|Economy|Technology

Snowflake lifts annual revenue forecast on cloud and AI demand, shares soar

Snowflake on Wednesday beat Wall Street estimates for quarterly results and raised its full-year product revenue forecast as demand rises for its cloud data platform

Business|Economy|Europe|Finance|Technology|World

Elliott builds stake in Deutsche Telekom, source says

Elliott Investment Management has built a stake in Deutsche Telekom, a person with knowledge of the matter said on Wednesday.

Business|Economy|Finance|Stock Markets|Technology|US

HPE raises forecasts on AI demand, shares fall on supply concerns

Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand

Business|Economy|Finance

Hershey names insider Dave Hulays as CFO

Hershey on Wednesday named insider and industry veteran Dave Hulays as its finance chief, as the Reese's chocolates maker navigates a tough macroeconomic environment while

Business|Economy

The Latest: Chevron expanding in Venezuela as Trump deal claims more oil reserves

Oil giant Chevron is expanding its operations in Venezuela as some details emerge about President Donald Trump's separate deal for a U.S.-controlled joint venture to develop more of the nation's proven reserves

Arts|Business|Crime|Economy|Education|Entertainment

Police chief fired amid controversy in aftermath of child's shooting in a small Mississippi city

Leaders of a Mississippi city where police shot and killed a 1-year-old Black child in June have unanimously voted to fire its police chief amid a new controversy

Business|Economy|Finance|Stock Markets|World

Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady

Stocks rose on Wall Street as gains by big technology companies and relatively steady oil prices and bond yields helped boost the market after a downbeat start to the week

Business|Crime|Economy|Health|Lifestyle|Sports

Former Baltimore County soccer coach indicted on more counts of child sexual abuse

Former Baltimore County soccer coach indicted on more counts of child sexual abuse

Business|Economy|Finance|Stock Markets|Technology

Waymo taps Pimco, Blackstone to raise $3 billion debt, Bloomberg News reports

Alphabet's Waymo is in the final stages of talks to raise debt for the first time, seeking more than $3 billion from lenders including Pacific Investment Management and Blackstone,

Business|Economy|Finance|Sports

Private equity firms Carlyle, Bain, Oaktree readying bids for Serie A international media unit, sources say

Carlyle and Bain are among private equity funds preparing to bid for a minority stake in a company holding the international media rights of Serie A, three

Business|Economy|Finance

Fed survey shows economic activity edged up, prices rose moderately in recent weeks

U.S. economic activity increased modestly, employment rose slightly and prices increased moderately in recent weeks, according to a mixed report published on Wednesday

Arts|Business|Economy|Environment

Yosemite, again in corporate crosshairs, embodies the long war over US national park privatization

Debate over turning public national park land into private profit dates back more than a century.

Arts|Economy|Europe|MidEast|World

US-Iran strikes raise fears of renewed war across the Middle East

Fears of renewed escalation gripped the Middle East on Wednesday after the United States and Iran exchanged their biggest barrage

Business|Economy|Finance|MidEast|Stock Markets

Wall St ends higher as stocks reclaim some shine

Wall Street advanced on Wednesday, notching a partial rebound from a three-day losing streak as investors searched for deals among stocks

Arts|Business|Economy|Finance|Technology

Boeing paid $3.1 million fine to FAA over widespread safety violations

Boeing paid a $3.1 million fine to the U.S.

Business|Economy|Europe|Finance

DIW raises German economic growth forecasts as exports beat expectations

The German Institute for Economic Research, DIW Berlin, sharply raised its growth forecasts for Europe's largest economy on Wednesday,

Business|Economy|Science|Technology

Trump administration backs OpenAI in New York Times' copyright case over training of chatbots

The Trump administration is backing OpenAI over the New York Times in a closely watched case over how it builds its AI technology using millions of news articles

Business|Economy|Travel

American Airlines boosts premium seating on 777 jets as carriers chase higher-spending travelers

American Airlines is adding more premium seats to its Boeing 777-300ER planes used on long-haul routes as U.S. carriers increasingly chase higher-

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Democratic US senator asks Capital One for details on Trump account anti-money laundering review

A Democratic U.S. senator has pressed Capital One Financial for details about an internal anti-money-laundering review that the bank said last month led it

Arts|Business|Economy|Education|Environment|Food|Health|Technology

17,000 SF residents facing SNAP cuts: Here's how city's new job program could save their benefits

17,000 SF residents facing SNAP cuts: Here's how city's new job program could save their benefits

Business|Economy|Finance|Political|Sports

New Jersey takes fight over Kalshi's prediction market to US Supreme Court

New Jersey authorities on Wednesday asked the U.S.

Business|Economy|Political

India's GDP revisions reflect new data and methodology, statistics secretary says

India's statistics secretary defended the country's latest 7.8% growth estimate and large revisions to recent GDP data, saying the changes reflected the

Arts|Economy|Environment

Yen gains sharply, dollar eases from two-week high

The Japanese yen gained sharply against the U.S. dollar on Wednesday after having retraced approximately half of the increases made following a rare joint

Asia|Business|Economy|Finance|Stock Markets|World

Stocks climb and US yields ease; yen jumps against dollar

Stock indexes mostly rose on Wednesday after three days of declines as investors watched for new developments in the U.S.-Iran conflict, while the

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Lula's lead over Flavio Bolsonaro narrows ahead of Brazil election, Quaest poll shows

Brazilian President Luiz Inacio Lula da Silva's lead over right-wing challenger Senator Flavio Bolsonaro narrowed further ahead of October's election, a Quaest poll

Arts|Economy|Technology

Rise in US factory orders beats expectations in July

New orders for U.S. factory goods increased more than expected in July amid a rebound in demand for aircraft.

Arts|Economy|Europe|MidEast

Ethiopian Airlines nears Boeing cargo plane order, sources say

Ethiopian Airlines is nearing a deal to buy up to 10 long-haul Boeing freighters as plans edge forward for a

Business|Economy|Finance

Fed's Williams ties rising bond yields to strong economy, CNBC reports

By Michael S.

Arts|Economy|Finance

US private credit firms mark down more loans

U.S. private-credit portfolio values showed signs of stabilising in the second quarter after a broad deterioration early in the year,

Arts|Business|Economy|Finance|Science|Technology|World

S&P 500, Dow post slim gains at open as Iran tensions clash with AI optimism

The benchmark S&P 500 and the blue-chip Dow indexes opened marginally higher on Wednesday, as investors weighed renewed U.S.-Iran clashes against signs of strength in the AI trade.

Business|Economy|Finance|US

US private payroll growth slows in August; factory orders rebound in July

U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few

Arts|Business|Economy|Finance

Mexico presses US on auto, steel tariffs in meeting with Lutnick

Mexican Economy Minister Marcelo Ebrard met U.S.

Arts|Business|Economy|Entertainment|Finance|Lifestyle

Jack Daniel's maker flags soft alcohol demand for year, sees no respite in Canada

Jack Daniel's maker Brown-Forman said on Wednesday alcohol demand, especially in developed markets, is likely to remain under pressure this year, while renewed

Business|Economy|Finance|Technology

Uber to lay off 10% of staff in biggest cuts since COVID

Uber Technologies will lay off about 3,300 employees, or 10% of staff, in its largest cuts since the COVID-19 pandemic, to better navigate the rise of robotaxis

Business|Economy|Finance

Bank of Canada holds key rate, says multiple hikes might be needed

The Bank of Canada kept its key policy rate on hold at 2.25% on Wednesday, as widely expected, but Governor Tiff Macklem said

Business|Economy|Finance|Stock Markets

US 10-year yield touches highest level since 2023

US 10-year yield touches highest level since 2023

Business|Economy|Finance

Dutch central bank shifts billions in gold to London in 'crisis preparedness' move

The Dutch central bank has moved billions of dollars worth of its gold reserves from North America to London

Business|Economy|Environment|Finance

PG&E launches review, defers $2 billion in spending after wildfire bill setback

California utility PG&E said on Wednesday it will defer about $2 billion in spending for next year and launched a strategic review, after an

Business|Economy|Finance

KKR to acquire A1 Garage Door Service for around $2 billion, sources say

Investment firm KKR & Co has agreed to buy residential garage door repair and replacement company A1 Garage Door Service for around $2 billion,

Business|Economy|Finance

China never deliberately pursues trade surplus, central bank governor says

China never deliberately pursues a trade surplus and insists on expanding domestic demand and maintaining a high level of opening up to the world, its central bank governor

Economy|Environment|Science|Technology

Blackout risk rises as heat wave stresses largest US electric grids

The risk of power outages is expected to escalate across a broad swath of the United States on Wednesday as intense heat will test the capacity of electricity

Business|Economy|Finance|Stock Markets|US

Rising Treasury yields could rattle US stocks as earnings season ends

U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street's record-setting rally, with particular

Arts|Economy|Finance|Technology

Bull or bear market? AI spurs rethink of traditional market measures

Everyone knows Wall Street calls a 20% drop in a major index a bear market.

Arts|Economy|Europe|MidEast

Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian

Arts|Economy|Travel|World

From street names to supply chains, Canadians pull away from US as rift grows

For more than 20 years, Diane Hosker has lived on Trump Avenue in Ottawa’s leafy west end, a neighborhood with New York-themed street names including Central

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Chevron pledges to double its Venezuelan oil production

Chevron pledges to double its Venezuelan oil production

Arts|Business|Economy|Finance|Technology

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

Here’s another place the AI frenzy is making itself felt: the market for luxury homes

Arts|Economy|Education|Environment|Finance|Science|Technology

Toyota RAV4 vs. Hyundai Tucson, an Edmunds plug-in hybrid SUV comparison

If you’re looking to reduce your gas bills but buying an electric vehicle just isn’t for you, the 2026 Hyundai Tucson Plug-in Hybrid or 2026 Toyota RAV4 Plug-in Hybrid might be a smart solution

Economy|Political|Sports

Hegseth’s culture war fixation disrupting Army progress, sources say

Hegseth’s culture war fixation disrupting Army progress, sources say

Business|Economy|Environment|Finance|Technology

Tesla's China-made EV sales extend growth streak, but momentum fades

Tesla's China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, down sharply from the prior month, as divergent trends persisted across the U.S.

Economy|Political|US

Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs rise

Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government,

Business|Economy|Finance|World

Warsh's Jackson Hole encore may put Trump's inflation record under a microscope

After opening the door to higher interest rates last week, U.S.

Africa|Americas|Arts|Asia|Business|Crime|Economy|Education|Entertainment|Europe|Finance|Interview|Lifestyle|MidEast|Political|Sports|World

Once symbols of war on Islamic State, Kurdish women fighters seek role in new Syria

Female Kurdish fighters who became global symbols of the fight against Islamic State are negotiating with Syria's new authorities to retain a

Business|Economy|Europe|Finance|MidEast|Stock Markets

Bond selloff deepens as oil prices and public debt fears jolt markets

Bond prices continued to slide in Asia and Europe on Wednesday, pushing borrowing costs to multi-

Business|Economy|Science|Technology

Berkshire CEO Abel says AI to help power growth

Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after

Arts|Economy|Education

Georgia college graduate's degree withheld by New York university over health insurance charge

Georgia college graduate's degree withheld by New York university over health insurance charge

Arts|Economy|Entertainment|Europe|Finance|Food|Lifestyle|Sports|Technology

EU struggles to find an effective response after Germany blames Russia for a failed drone attack

The European Union is grappling with how to respond to an attempted drone attack at a German airport blamed on Russia

Arts|Business|Crime|Economy|Education|Election|Entertainment|Europe|Finance|Food|Interview|Lifestyle|MidEast|Opinion|Science|Sports|Technology|World

EU's Kallas says Leipzig attack had hallmarks of state-sponsored terrorism

The attempted attack in Leipzig had all the hallmarks of state-sponsored terrorism, the European Union's foreign policy chief

Economy|Europe|Political

Germany approves tax cuts for families, partly funded by top earners

Germany's cabinet approved tax cuts worth about €10 billion ($11.6 billion) on Wednesday aimed at boosting disposable income for low- and middle-income

Business|Economy|Finance|Stock Markets

How Japan's bond rout is turning the tide of global capital

With benchmark Japanese bond yields breaking through a three-decade-old barrier, higher returns are starting to tease capital home,

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Edouard brings heavy rain, gusty winds to southeast Texas

Video shows heavy rain and gusty winds in southeast Texas as Tropical Storm Edouard swept through the area. Edouard has weakened to a tropical depression after making landfall Tuesday afternoon near the border of Texas and Louisiana.

Arts|Business|Economy|Technology|World

South Korean FX authorities bought $20 billion in repatriated SK Hynix funds, source says

South Korean foreign exchange authorities bought about $20 billion in U.S. dollars that SK Hynix sold after its $26.5 billion American depositary receipt

Arts|Business|Economy|Education|Entertainment|Fashion and Beauty|Finance|Food|Health|Lifestyle|Science|Sports|Technology|World

Too weak, too strict: India's food warning labels draw fire from all sides

The Indian government is facing fierce opposition on proposed food warning labels from both health experts and food giants - activists say many items will

Arts|Economy|Education|Finance

Hong Kong court rejects lawyer's request to use Evergrande founder's funds for legal costs

Hong Kong's High Court on Wednesday rejected a request from the lawyer for the founder of embattled Chinese property company Evergrande to use funds controlled by

Business|Economy|World

What are Iran's options to retaliate as open warfare resumes with the US?

The United States launched a new wave of attacks on Iran late on Tuesday six months into a deadlocked conflict, prompting Iranian missile fire at what it called U.S. assets

Business|Economy

Dollar rises to 2-week high, Middle East conflict and rate paths in focus

The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and

Economy|Science|Technology

US tech firms may crowd out others in euro bond market and raise credit risk

U.S. tech giants are flooding the euro zone bond market to fund huge AI investments, potentially crowding out other borrowers, pushing up financing costs even for

Business|Economy|Finance

Shein shares slide more than 5% on second day of Hong Kong trading

Shares of online fast-fashion retailer Shein fell more than 5% on Wednesday, a day after a lacklustre debut session following a long-awaited initial public offering.

Economy|Europe|Finance|Stock Markets

European shares hit by rising bond yields, energy-driven inflation concerns

European shares edged lower on Wednesday, pressured by elevated bond yields as escalating tensions in the Middle East stoked

Economy|Europe|Finance|Technology|World

Germany probes second power grid sabotage case, fears of hybrid warfare grow

German police were on Wednesday investigating a second sabotage attempt on the electricity grid within 24 hours, a day after Berlin blamed Russia for an attempted drone

Business|Economy|Science|Technology

Taiwan says its companies plan to invest another $20 billion in US

Taiwanese companies are planning another $20 billion of investments in the U.S. driven by demand for AI applications, the island's economy minister said on Wednesday without

Economy|Environment|Europe|Food|Science|Travel

Italy has started exporting a delicacy prized abroad, reviled at home

Fishermen in Italy have shifted from incinerating invasive Atlantic blue crabs to commercializing them

Business|Economy|Finance|Stock Markets

Shein shares slip more than 3% on second day of Hong Kong trading

Shares of Shein slipped more than 3% on Wednesday, a day after a lacklustre debut session following a

Arts|Asia|Business|Economy|Education|Health|World

Indonesian officials suspect food poisoning from free school meal after more than 500 fall ill

More than 500 students in Indonesia's East Java were hospitalised with food poisoning suspected to have been caused by free meals provided by the government, and an

Business|Economy|Finance

What's behind the selloff in world bond markets?

Government borrowing costs from the United States to Germany and Japan are at or near multi-decade peaks on heightened worries about

Asia|Business|Economy|Europe|Finance|Stock Markets|World

Who will police the bond vigilantes?

A look at the day ahead in European and global markets from Gregor Stuart Hunter Bond yields are hitting new milestones as fighting resumes between the U.S. and Iran and oil prices surge, sending

Economy|Political|World

Russia, US see grounds for financial ties, Russian finance minister says

Dialogue between Russia and the U.S. should continue to find common ground in economics, which should make it easier to discuss political issues, Russian Finance Minister Anton

Arts|Economy|Europe|Finance|Science

Banks rush to swap higher-risk credit assets for Bank of England cash

British banks are increasingly pledging higher-risk assets such as loans linked to high-interest store cards and vehicle

Business|Economy|Environment|Finance|Political|World

Australia, US commit $580 million to support Pacific Island nations

Australia and the United States on Wednesday announced a combined $580 million in funding for the Pacific Islands as they

Economy

Defence spending shows determination to protect Taiwan, president says

Taiwan's plan for defence spending next year to exceed T$1 trillion ($31.47 billion) for the first time shows the international community the island's determination to

Business|Economy|Finance|Technology

Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

Japan's Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to

Economy

BOJ's Takata urges nimble rate hikes, says 2026 marks a turning point

The Bank of Japan should conduct interest rate hikes nimbly to counter intensifying inflationary pressures, rather than adhere

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America's story intertwined with its military history, but a military-civilian disconnect persists

The story of the U.S. is intertwined with its military history, from its creation in 1776 to the expansion of its physical borders to its role in the global political and economic order

Economy|Political|World

Carney tells Trump ‘Stop trying to be tough'

Canadian Prime Minister Mark Carney says the Trump administration needs to “stop doing memes, stop throwing shade and stop trying to be tough.”

Business|Economy|Finance|World

BOJ chief signals chance of September rate hike, debate on price risks

The Bank of Japan will debate raising interest rates including in September with a focus on whether inflationary risks were heightening,

Business|Economy|Finance

Panama Canal sees $5.56 billion revenue in FY2027 budget proposal

The Panama Canal Authority expects to generate $5.56 billion in revenue and contribute $3.61 billion directly to the national treasury for fiscal year 2027, according to a budget

Business|Economy|Science|Technology

Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boom

While Nvidia is synonymous with the AI boom, a lesser-known group of power and cooling equipment suppliers is cashing in on a global data centre construction

Economy|Environment|Travel

Grand Canyon flooding harms an economy that's still recovering from a fire

Tourists are scrambling to find lodging elsewhere after deadly flash flooding in the Grand Canyon

Arts|Economy|Finance

Tyson disputes claim by USDA's Rollins, says shuttered beef plants can go to any buyer

U.S. meatpacker Tyson Foods has disputed a claim by U.S.

Arts|Business|Economy|Environment|Finance

South Korea inflation quickens on one-off factor, misses expectations

South Korea's consumer inflation quickened in August due to low-base effects from the previous comparable period a year ago, data showed on Wednesday, but was lower than

Economy

Democrats shocked after 2 members cross aisle to help Republicans

Democrats shocked after 2 members cross aisle to help Republicans

Business|Economy|Science|Technology

US urges hands-off approach to AI regulation at G20 tech meeting

The U.S. pressed G20 members on Tuesday to take a hands-off approach to AI regulation and avoid creating rules for

Economy|Political|World

US launches new strikes on Iran and Tehran hits back in widening conflict

The U.S. launched a barrage of airstrikes against Iran on Tuesday, prompting Iranian retaliation, in the most serious

Business|Economy|Science|Technology|World

Brazil's Congress approves tax exemptions to attract data center investments

Brazil's Congress on Tuesday approved a bill exempting data-center-related equipment from federal taxes, part of the government's plan to lure such projects to the country

Arts|Business|Crime|Economy|Environment|Europe|Travel|World

Venezuela’s main airport partially resumes commercial flights after deadly earthquakes

Venezuela’s main airport has partially resumed operations nearly 10 weeks after two devastating earthquakes

Business|Economy|Political|World

Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says

Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said

Economy|Environment|Political

California lawmakers' last-minute deal on compensation for wildfire victims falls apart

The California Assembly has opted not to vote on legislation meant to help wildfire victims

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Honduran court drops charges against former president pardoned by Trump

A Honduran court has dropped charges against former President Juan Orlando Hernandez over fraud and money laundering, judiciary

Business|Economy|Europe|Finance|MidEast|World

UK economic outlook improves but firms wary of investment, BCC says

Britain's economy is set to grow a bit faster than previously expected in 2026 after withstanding the initial impact of the Iran war but firms remain wary about investment,

Arts|Business|Economy|Technology

Oracle licensing practices on EU antitrust regulator's radar, source says

The licensing practices of U.S. cloud computing company Oracle are on the radar of EU antitrust regulators, a person familiar with the matter said, in a case similar to

Arts|Economy|Finance|Stock Markets|US

Investors argue against novel ETF label in letters to US SEC

Market participants raised concerns over the U.S.

Business|Economy|Political|World

Venezuela's assembly backs oil deal announced with U.S

Venezuela's ruling party-dominated National Assembly backed the country's oil deal with the Trump administration in a vote on Tuesday, ahead of a visit to Caracas by the

Business|Economy|Finance

Some G20 differences remain over imbalances, sovereign debt, US Treasury official says

A Group of 20 joint statement reflecting U.S. priorities on reducing global imbalances and sovereign debt restructurings may not be

Business|Economy|Finance|Technology

Dell again lifts annual forecasts as AI demand powers record results

Dell Technologies on Tuesday boosted its annual revenue forecast by $25 billion while also raising its profit outlook for the second time this year, driven by

Arts|Economy

Turkish economy grows 2.3% yr-on-yr in Q2, below forecast

Turkey's economy expanded 2.3% year-on-year in the second quarter, official data showed on Monday, less than forecast, with growth slowing for the fourth consecutive quarter

Business|Economy|Finance|World

Barclays sees two more Fed rate hikes this year after Warsh speech

Barclays expects the U.S.

Arts|Business|Economy

China reins in rising yuan as weak domestic demand clouds outlook

China is slowing down a long rally in the yuan and is likely to keep further currency gains to a minimum this year, market participants say, as authorities step in to support

Business|Economy|Finance

India's April-July fiscal deficit at 26.8% of 2026/27 target

India's fiscal deficit in the months of April-July stood at 4.55 trillion rupees ($47.81 billion), or 26.8% of the target for the financial year ending March 31,

Business|Economy|Finance

Why bond yields are rising and why everyone should care

Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle

Business|Economy|Health|Science|Technology

Booming weight-loss drug demand in Brazil fuels thriving black market and health fears

When Brazilian customs agents opened jars of dulce de leche aboard a tourist bus arriving from Paraguay in April, they discovered hundreds of vials

Crime|Economy|Travel|World

US carrier visit to Thailand's Pattaya lifts hope and sex-tourism risk

After a long deployment in the Middle East, a U.S.

Africa|Economy|Travel

Kenya airport staff strike delays thousands of passengers

Flight delays at Kenya's main international airport on Monday affected thousands of travellers as airport workers' go-slow strike action continued into its second day, with

Business|Economy|Technology

Adobe to offer free access to AI tools in Saudi Arabia in $4 billion deal

Adobe said on Monday it has expanded its tie-up with Saudi Arabia's Ministry of Communications and Information Technology and Saudi government-backed AI firm Humain to provide

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Justice Department seizes more than $560,000 in cryptocurrency donations for Hamas

The Justice Department says it has seized more than $560,000 in cryptocurrency donations intended for Hamas

Economy|Science|Technology

USDA to test satellites, AI to try to improve crop estimates amid farmer criticism

The U.S.

Business|Economy|Finance

Mercado Pago unfazed by Brazil consumer debt worries as it expands credit card business

Mercado Pago, the fintech arm of Latin American e-commerce giant MercadoLibre, said it remains comfortable expanding its credit card business despite the

Economy|Political

US House passes funding bill to avert government shutdown before midterm elections

The U.S.

Business|Economy|Finance|Stock Markets

Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields

Stocks fell on Wall Street as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation

Economy|Education

Schools reopen across Cuba as fuel, water and power shortages persist

Cuba has reopened most of its schools despite a shortage of transportation, uniforms and teachers as the island's crises deepen

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

G20 finance chiefs except China back action on distorted trade

The Trump administration won backing from all G20 financial leaders except China's on Tuesday to act against "non-

Economy

Bessent pitches US-backed financial literacy competition to world's largest economies

Treasury Secretary Scott Bessent is pitching a financial literacy campaign to the world's largest economies

Business|Economy|Finance|Stock Markets|US

Wall Street ends lower as higher yields, rising oil prices mark shaky start to September

U.S. stocks extended their slide on Tuesday, as the global bond selloff deepened and crude prices spiked amid fading hopes for a near-

Economy|Finance

House passes short-term funding bill to avoid a shutdown before the election

The House has passed a short-term measure to fund the federal government into early December

Business|Economy|Travel|World

China's Xi lands in Egypt as Iran war reshapes Middle East alliances

Chinese President Xi Jinping arrived in Egypt on Tuesday, his first visit to the Arab world's most populous nation in a decade, as countries across the Middle East reassess

Business|Economy

Bessent urges BOJ chief to combat weak yen with 'decisive' monetary steps

U.S.

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

USPS whistleblower describes new plans for voting by mail hidden from the public

USPS whistleblower describes new plans for voting by mail hidden from the public

Economy|Finance

Global bonds sell off as Middle East conflict escalates, further stoking inflation fears

Global bonds sell off as Middle East conflict escalates, further stoking inflation fears

Asia|Business|Economy|Finance|World

Government borrowing costs rise anew, adding to pressure on global policymakers

A selloff in global bond markets deepened on Tuesday, reflecting investor angst over

Economy

Burnham pledges to restore hope as he makes his House of Commons debut as UK leader

Prime Minister Andy Burnham has faced lawmakers in the House of Commons for the first time since becoming U.K. leader six weeks ago

Business|Economy|Finance|Stock Markets|US

CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

Business|Economy|Finance|Stock Markets

Global bonds extend selloff, oil prices surge on renewed US-Iran strikes

Global bond yields rose on Tuesday, extending a broad-market selloff in government debt fed by inflation fears, while

Africa|Economy|Education|Health|Science|World

Schools reopen in Congo’s Ebola epicenter despite concerns from parents and teachers

A new academic year has started across Congo despite concerns by parents and teachers that the Ebola outbreak still poses risks to children in the epicenter

Arts|Economy|Entertainment|Political|World

Canada's Carney says US needs to start being serious before trade talks can resume

The U.S. needs to start being serious and stop trying to be tough before talks on a possible trade deal with Canada can restart, Prime Minister Mark Carney told reporters on

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Interview|Lifestyle|MidEast|Political|Science|Technology|Travel|US|Videos|World

Alligator on Central Florida highway causes chain-reaction crash, leaving woman dead

Alligator on Central Florida highway causes chain-reaction crash, leaving woman dead

Business|Economy|Finance|Interview

Bank of England's Mann sees signs of stronger economic growth

Bank of England interest rate setter Catherine Mann said Britain's economy had shown signs of stronger growth since the central bank's last monetary policy meeting when she

Business|Economy|Europe|Science|Technology

Tesla touts European supervised self-driving safety data ahead of EU vote

Tesla's supervised self-driving technology recorded 4.1 times fewer collisions than manually driven Tesla cars in the five European countries where it is permitted, the

Business|Economy|Political

Train blockages in Calera fuel frustration as city leaders push for $32 million bridge project

Train blockages in Calera fuel frustration as city leaders push for $32 million bridge project

Arts|Economy|Environment|Science|Technology|World

Oil prices jump 4% as fresh US-Iran fighting stokes supply fears

Oil prices jumped about 4% to a one-week high on Tuesday as a resumption in fighting between the U.S. and Iran renewed fears of supply disruptions from

Business|Economy|Finance

US construction spending drops to nearly three-year low in July

U.S. construction spending unexpectedly fell in July, hitting the lowest level in nearly three years as higher mortgage rates weighed on single-family homebuilding.

Business|Economy|Finance

US Treasury yields are rising — Why does it matter?

A selloff in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Whistleblower says USPS mail-in voting restrictions could discard thousands of legal ballots

A whistleblower told Congress that the U.S.

Business|Economy|Finance

Dollar gains as oil, rising bond yields stoke inflation fears

The dollar strengthened on Tuesday as renewed U.S.-Iran hostilities sent oil prices higher, fuelling inflation worries and sparking a global bond

Business|Economy|Finance

US job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs

Employers posted slightly more job openings in July but as the American labor market remained sturdy in the face of higher costs that are squeezing household budgets

Arts|Economy|Environment|Science|Technology

US job openings rise in July after sharp downward revision in prior month

U.S. job openings increased in July amid a surge in manufacturing vacancies, but weak hiring suggested the labor market remained in a holding pattern.

Arts|Business|Economy|Europe

Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports

Volkswagen's management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported on Tuesday.

Business|Economy|Finance

US factory activity slows in August; input prices remain elevated

U.S. manufacturing activity eased in August amid a slowdown in new orders and some manufacturers worried that higher prices because of the Middle East

Arts|Economy|Finance|World

Brazil's Q2 GDP tops forecasts but slowdown looms

Brazil's economic growth slowed in the second quarter as elevated borrowing costs continued to weigh on activity and household consumption shrank, with

Business|Economy|Health|World

Global pharma companies that have publicly announced Trump drug pricing agreements

U.S.

Business|Economy|Finance|Stock Markets|US|World

Canadian factory PMI dips in August but shows sector still expanding

Canada's manufacturing sector expanded for a fifth straight month in August as output and employment rose but the recent increase in trade tensions between

Arts|Asia|Economy|Environment|Europe|Finance|MidEast|World

Blockade succeeds where sanctions failed as Iran oil exports stall

For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait

Business|Economy|Finance

Keurig Dr Pepper to sell back Chobani stake, manufacturing site for $925 million

Keurig Dr Pepper said on Tuesday it

Business|Economy|Finance

Ukraine parliament fails to pass parcel tax law tied to IMF, EU funding

Ukraine's parliament failed on Tuesday to pass a law to introduce taxes for foreign parcels that is required to unlock IMF and EU funds, dismissing government

Arts|Business|Crime|Economy|Education|Entertainment|Europe|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Science|Sports|Technology|US

Israeli special forces capture Hamas official in raid on Gaza City

Israeli special forces captured a Hamas militant leader in a raid in Gaza City on Tuesday while Israeli air strikes meant to protect those troops killed

Business|Economy|Environment|Technology

Tesla's European sales mixed in August, strong in France and Denmark

Tesla's August registrations across several European markets painted a mixed picture on Tuesday, with strong gains in France and Denmark contrasted by declines in

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|Travel|Videos|World

Submersible joins search for 20 missing in deadly Cypriot ferry disaster

A submersible vessel has joined the search for 20 people missing for two days following a ferry disaster off the coast of Cyprus

Business|Economy|Environment|Science|Technology

The greenest building is the one still standing after a disaster

A ‘green’ building has to last for its intentionally small carbon footprint to pay off. That includes surviving flood, storm or wildfire damage.

Business|Crime|Economy|Technology|World

US companies face rise in cyber attacks

Companies worldwide are grappling with a surge in AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations.

Arts|Business|Economy|Environment|Science|Technology|World

Deadly floods test Nepal's hydropower ambitions

Deadly floods that wiped out a tenth of Nepal's electricity generation capacity last week have cast doubt on the

Business|Economy|Finance|Technology

Inexpensive new cars are becoming tougher and tougher to find

Inexpensive new cars are becoming tougher and tougher to find

Business|Economy|Finance

Private sector steps up as India's growth engine broadens

India's economy is showing early signs that a long-awaited private investment revival is taking hold, broadening the growth engines and

Business|Economy

New foreign investment in Mexico stalls as companies fret over USMCA uncertainty

When Randy Carr opened a factory in central Mexico in 2005, he was drawn by the country’s low wages and free-trade agreement with the

Business|Economy|Finance|Technology

Cook hands Apple to Ternus: bigger and richer, but catching up in AI race

When Tim Cook took over as Apple's CEO, he did not try to fill the big shoes of its legendary founder and product visionary Steve Jobs.

Business|Economy|Technology

Apple's new CEO, John Ternus, takes over from Tim Cook after 15 years

Apple’s new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook’s 15-year tenure that saw the company’s value skyrocket to $4.6 trillion thanks to the iPhone’s enormous popularity

Business|Economy|Finance|Stock Markets|US|World

September storm

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets World markets enter September with another government bond storm

Africa|Americas|Arts|Asia|Business|Economy|Entertainment|Europe|Finance|Interview|Lifestyle|MidEast|Political|Sports|World

They were building infrastructure in Nepal. Their families in China want to know what happened to them

They were building infrastructure in Nepal. Their families in China want to know what happened to them

Business|Economy|Environment|Science|Technology

Texas' halt on powering data centers reflects US reckoning over 'ghost' demand

Data centers have requested roughly as much electricity across the middle swath of the United States as it takes to power every home in the country, but much of that demand may be

Arts|Business|Economy|Entertainment|Europe|Finance|MidEast|Political

Trump's oil deal with Venezuela raises red flags for some major producers, sources say

An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman

Africa|Arts|Asia|Economy|Environment|Europe

China warns of 'consequences' for Taiwan after Taipei envoys attend Pacific leaders summit

China has warned of consequences for Taiwan after officials from Beijing and Taipei attended a Pacific leaders summit

Business|Economy|Technology|World

BYD's sales extend growth streak on strong exports

Chinese electric vehicle maker BYD reported rising global sales for the fourth straight month, as robust exports continued to cushion the impact of sluggish domestic demand

Economy|Europe|Political

Russia, at dire point in ties with UK, says it will name new ambassador when ready

Russia said on Tuesday it would announce a new ambassador to Britain in due course, weeks after its previous envoy left London at a dire point in bilateral ties

Business|Economy|Europe

Euro zone inflation rises above 3%, cementing ECB rate hike bets

Euro zone inflation rose back above 3% in August on higher energy costs, cementing an already solid case for another European Central Bank interest rate

Business|Economy|World

South African manufacturing mood slumps further in August, Absa PMI shows

South Africa's manufacturing sentiment deteriorated further in August as business activity slumped, a purchasing managers' index (PMI) survey showed on Tuesday,

Arts|Business|Economy|Europe|Finance|MidEast

ECB says energy-led inflation spike justifies June rate hike

The spike in euro zone inflation since the start of the war in Iran has almost entirely been driven by higher energy prices, justifying the European Central Bank's small

Business|Economy|Finance

UK manufacturing PMI slips to five-month low but hiring strengthens

Activity growth in Britain's manufacturing sector slowed slightly in August to its weakest since March but factories hired workers at the fastest pace in more than two years

Business|Economy|Europe

Euro zone factory growth at more than four-year high in August, PMI shows

Growth in the euro zone's manufacturing sector hit its fastest pace in more than four years in August, driven by the strongest rise in new orders since early 2022 and output

Economy|Health|Technology

Ford to recall about 149,000 vehicles in US over power loss, NHTSA says

Ford Motor is recalling 148,663 vehicles in the U.S. due to a loss of driver power and loss of headlight function or windshield washing system function, which can reduce visibility,

Arts|Business|Economy|Europe|Finance

German manufacturing growth accelerates in August as orders surge, PMI shows

Germany's manufacturing sector accelerated in August, as a jump in new orders drove the strongest production growth since January 2022, a business survey showed on Tuesday.

Business|Economy

French manufacturing expands less than initially forecast in August, final PMI shows

France's manufacturing sector grew in August, albeit slightly less than initially forecast, a survey by S&P Global showed on Tuesday.

Economy|Finance

UK finance minister to set out 'clear path' to higher defence spending in spring

British finance minister John Healey told The Times newspaper he would set out a "clear path" to higher defence spending at the government's spring spending review, amid

Economy

Iran says it has enough foreign currency despite US sanctions

Iran has sufficient foreign currency reserves despite U.S. sanctions, Central Bank Governor Abdolnaser Hemmati said on Tuesday, after U.S.

Business|Economy|Finance

Japan's benchmark bond yield rises to 3% for first time in 30 years

Japan's benchmark 10-year bond yield hit 3% on Tuesday for the first time since September 1996, pushed higher by investor concerns about

Business|Economy|Finance|Stock Markets|Technology

Shein's pursuit of an IPO: From New York to London to Hong Kong

Shares in fast-fashion giant Shein fell in their ‌Hong Kong market debut on Tuesday, hurt by numerous setbacks that delayed its listing ​and undermined the foundations of its ⁠

Asia|Economy|Travel

Thailand's Pattaya anticipates USS Abraham Lincoln visit following its Middle East deployment

Thailand's coastal city of Pattaya is preparing for a visit by the USS Abraham Lincoln, as the aircraft carrier makes its way back to the U.S. following a grueling deployment in the Middle East

Business|Economy|Finance|Stock Markets

Analysts react to global bond selloff

Japan's benchmark bond yield hit the 3% level for the first time since 1996 on Tuesday amid a broad-based global bond selloff, underscoring how inflation, fiscal concerns

Arts|Business|Economy|Environment|Fashion and Beauty

France targets Shein and Temu with fast fashion fees

France started imposing fees on the extreme end of fast fashion on Tuesday to try to curb a surge in sales of cheap clothing sold by e-

Americas|Asia|Business|Economy|Finance

Japan, US agree to continue coordination on yen, Katayama says

Japan and the United States agreed to continue coordinating to achieve "orderly" yen moves, which were crucial for global market stability

Business|Economy|Science|Technology

OpenAI says Apple has only itself to blame in trade-secret fight

By Deepa Seetharaman SAN FRANCISCO, Aug 31 - OpenAI denied Apple's allegations of trade secret theft on Monday, saying the iPhone maker failed to show any confidential information was stolen by former

Business|Economy|Finance|Stock Markets

Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots

Shares in fast-fashion online retail giant Shein have begun trading on Hong Kong’s stock exchange after a long delay

Business|Economy|Europe|Technology

Poland pivots to home-grown defence production as it builds Europe's biggest army

As Poland builds Europe's biggest army, it is pivoting toward domestic and other central European defence

Asia|Business|Economy|Science|Technology

Factory activity bounced in August as AI fuelled Asian expansion

Global factory activity was humming last month as surging demand for AI hardware kept Asian factories busy while new orders in

Business|Economy|World

India's factory growth at five-year low in August on weakening demand, PMI shows

India's manufacturing sector expanded at its slowest pace in five years in August as demand remained soft, leading to job losses for the first time in more than two years

Business|Economy|Europe|Finance|Stock Markets

The dog days are over

A look at the day ahead in European and global markets from Tom Westbrook Europe enters autumn with benchmark gas prices at 3-1/2-year highs and stocks at their lowest ever for the time of year on

Business|Economy|Finance|Stock Markets

WPP cutting up to 1,000 more jobs by year-end, FT reports

WPP is cutting up to 1,000 more jobs by year-end as Britain's ‌biggest advertising group accelerates a restructuring programme under new chief Cindy Rose, the Financial Times

Arts|Economy|Finance|World

Japan faces day of policy reckoning as Bessent calls time on big stimulus

When the U.S. joined Japan's efforts to shore up the yen, it wasn't for nothing. This week, U.S.

Business|Economy|Political

South Korea proposes record $597 billion 2027 budget to supercharge AI investment

South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at

Arts|Asia|Business|Economy

China-Taiwan tensions weigh on Pacific leaders meeting

China on Tuesday objected to Taiwan's presence at the Pacific Islands Forum saying the democratically ruled island was not

Business|Economy|Finance|Stock Markets

China's August factory activity picks up as demand improves, PMI shows

China's manufacturing sector expanded at a faster pace in August as output, new orders and exports all accelerated, a private-sector survey

Africa|Americas|Arts|Asia|Economy|Environment|Europe|MidEast

New Zealand, US to fund Cook Islands port upgrade

New Zealand and the U.S. will jointly fund a major upgrade of a World War Two port on a Cook Islands atoll, the three governments said on Tuesday, in a

Business|Economy|Finance|Stock Markets

Fast-fashion giant Shein set to open flat in Hong Kong market debut

Shares in fast fashion giant Shein were set open flat in their Hong Kong market debut on Tuesday, hurt by numerous setbacks that have long delayed its listing and

Asia|Business|Economy|Finance

Japan capital spending gathers pace, bolstering economic outlook and BOJ hike case

Japanese companies increased their pace ‌of spending on plant and equipment in April-June, a sign of business confidence that could prompt an upgrade to

Arts|Business|Economy|Entertainment|Finance|Lifestyle

Freedom Fuel won praise from Trump for selling cheap gas. Now a supplier claims it got gas it didn’t pay for

Freedom Fuel won praise from Trump for selling cheap gas. Now a supplier claims it got gas it didn’t pay for

Business|Economy

JBS co-owner lobbied Trump to lower beef import tariffs, WSJ reports

Brazilian billionaire Joesley Batista, one of the owners of meatpacker JBS, met U.S.

Arts|Economy|Environment|Science|Sports|Technology|World

White House releases terms of oil deal with North American Blue Energy Partners

The White House on Monday released terms of the U.S.-Venezuela oil deal with North American Blue Energy Partners.

Business|Economy|Technology

Japan manufacturing new business rises at fastest pace since 2018, PMI shows

Japan's manufacturing sector picked up in August as new business grew at the fastest pace since January 2018 on solid demand for semiconductors and AI-related products, a

Asia|Business|Economy|Finance|Technology

South Korea factory activity logs ninth straight month of expansion, PMI shows

South Korea's factory sector recorded a ninth consecutive month of activity growth in August, underpinned by robust export demand, a survey showed on Tuesday.

Asia|Business|Economy|Technology|World

South Korea's Aug exports up 68.7% y/y, expand for 15th straight month

South Korea's exports surged 68.7% in August from a year earlier, extending their winning streak to a 15th consecutive month and outpacing analysts' forecasts

Business|Economy|Finance

SEC asks investment firms to prove they have access to shares in startups, WSJ reports

The Securities and Exchange Commission has stepped up its examinations of firms behind so-called special purpose vehicles (SPVs) that claim to offer exposure to private company

Business|Economy|Education|Finance|Sports

UCLA ousts athletic director Martin Jarmond, taps former Lakers executive Tim Harris to replace him

UCLA has fired athletic director Martin Jarmond after six years and is replacing him with former Los Angeles Lakers executive Tim Harris

Arts|Business|Economy|Environment|Finance|Science|World

Firms including Chevron, ONGC, GE Vernova on track to sign final pacts in Venezuela, sources say

U.S. companies Chevron and GE Vernova, India's ONGC, Italy's Eni and Colombia's GeoPark are on track to sign final agreements

Business|Economy|Finance|Technology

FTC sues Amazon, alleging it overcharged advertisers

FTC sues Amazon, alleging it overcharged advertisers

Economy

United Arab Emirates intercepts an Iranian drone, and other news from the Middle East

The United Arab Emirates' Defense Ministry says that an Iranian drone has been intercepted over the UAE’s territorial waters

Arts|Economy|Europe

UK retailers raise prices by most since 2024, BRC data shows

British retailers raised prices by the most in more than two years last month, as higher energy prices pushed up the cost of some processed food and the artificial

Business|Economy

Yields rise, oil jumps; US and Iran resume military attacks

Bond yields rose and stocks fell on Monday as oil prices jumped more than 2%, with a resumption of military clashes