China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:15
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:47
Energy Department announces largest-ever investment in 'carbon removal'
The Department of Energy announced Friday it is awarding up to $1.2 billion to two projects that promise to remove carbon dioxide from the air in what officials said was the largest investment in “engineered carbon removal” in history
2023-08-11 17:26
UBS ends rescue packages from Swiss gov't that paved way for Credit Suisse takeover
UBS says it has shut down rescue packages agreed with Swiss authorities that made available up to 200 billion Swiss francs (about $230 billion) to help shepherd through its takeover of ailing rival Credit Suisse and avert an international banking crisis
2023-08-11 16:49
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:20
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:52
Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
2023-08-11 14:27
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
2023-08-11 14:20
Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO
Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world
2023-08-11 14:18
Illinois Supreme Court plans to rule on semiautomatic weapons ban
The Illinois Supreme Court plans to issue an opinion Friday on the state’s ban of the type of semiautomatic weapons used in hundreds of mass killings nationally, including the Independence Day 2022 shooting that killed seven and injured dozens in the Chicago suburb of Highland Park
2023-08-11 13:58
FTX founder Sam Bankman-Fried returns to New York as prosecutors push for his incarceration
FTX founder Sam Bankman-Fried is returning to New York City for a bail hearing
2023-08-11 12:23
Britain’s Gen Z Workers Seek Lower Stress Jobs Over the Hustle
Gen Z workers in the UK are increasingly searching for less stressful jobs that still pay a reasonable
2023-08-11 12:21