
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:58

Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
2023-06-21 14:45

Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers are poised to approve a massive overhaul of the laws governing the state’s multibillion-dollar liquor industry, changes that are supported by small craft brewers, like the makers of Spotted Cow beer, bar owners and alcohol distributors
2023-06-21 13:17

Foreign companies are shifting investment out of China as confidence wanes, business group says
A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges
2023-06-21 09:52

Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic
2023-06-21 08:49

Build begins on Wyoming-to-California power line amid growing wind power concern
Wyoming and federal officials formally kicked off construction Tuesday of a massive transmission line project to export wind power from Wyoming to southern California
2023-06-21 08:18

Warren Buffett's firm raises stakes in Japanese trading houses as Nikkei hot streak continues
Billionaire Warren Buffett's company increased its investments in five major Japanese trading houses for the second time this year to give Berkshire Hathaway control of 8.5% of each of those conglomerates
2023-06-21 07:59

Biden discusses risks and promises of artificial intelligence with tech leaders in San Francisco
President Joe Biden has convened a group of technology leaders in San Francisco to debate the risks and promises of artificial intelligence
2023-06-21 05:59

John Goodman says he got ‘lazy’ with exercising during Covid pandemic: 'Let everything go’
'I was boxing up until (the pandemic) and I haven’t been able to do that since Covid because I’m lazy,' John Goodman said
2023-06-21 05:58

Outgoing CDC director says resignation spurred by sense of accomplishment and exhaustion
The outgoing head of the Centers for Disease Control and Prevention said her reasons for stepping down were complicated, driven in part by a desire to take a break from the frenetic pace of the job during a pandemic
2023-06-21 05:57

Company says it can't say for sure whether more air-bag inflators might explode and hurl shrapnel
A company that makes air-bag inflators that have exploded in eight incidents involving two deaths and seven injuries argues that it can’t say for sure whether its inflators might cause further such incidents
2023-06-21 04:24

Sanders launches Senate probe into Amazon's safety practices and asks workers to share stories
Vermont Sen. Bernie Sanders on Tuesday opened a Senate investigation into Amazon’s warehouse safety practices
2023-06-21 02:16