Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Macy’s, Target and Dollar General are warning investors their sales will suffer this year as consumers shift spending to essentials
2023-06-23 02:24
Biden Says Dictator Remark About Xi Hasn’t Undermined Relations
President Joe Biden said his remarks referring to Chinese leader Xi Jinping as a dictator haven’t undermined efforts
2023-06-23 02:20
TikTok COO Pappas Steps Down; Disney Veteran Joins as Communications Chief
TikTok Chief Executive Officer Shou Chew said that V. Pappas, the social media giant’s chief operating officer, is
2023-06-23 01:56
Top TikTok exec and public face of company in US is stepping down
TikTok's chief operating officer Vanessa Pappas is leaving the company, according to an internal memo obtained by CNN, after spending several tumultuous years as its top public advocate and a champion of TikTok creators in the face of accusations the platform poses a national security risk.
2023-06-23 01:50
Microsoft Says Even Rival Sony Had No Concern Over Activision Deal
Microsoft Corp. began its court fight with the Federal Trade Commission over the $69 billion purchase of Activision
2023-06-23 01:50
FDA warns stores to stop selling Elf Bar, the top disposable e-cigarette in the US
U.S. regulators have sent warning letters to dozens of retailers selling fruity disposable e-cigarettes, including the current best-selling brand, Elf Bar
2023-06-23 01:25
Traders Bet BOE Is Far From Done After Surprise Half-Point Hike
Traders are adding to bets that the Bank of England’s unexpectedly large interest-rate hike won’t be its last.
2023-06-23 01:19
May home sales inch higher with record-few on the market and biggest annual price drop since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-23 00:58
RTÉ admits overpaying Late Late show host Ryan Tubridy
The Irish broadcaster has admitted the top presenter was paid €345k more than was declared publicly.
2023-06-23 00:51
Argentina economy seen up 1.5% in Q1 as stimulus offsets drought
By Hernan Nessi BUENOS AIRES (Reuters) -Argentina's economy likely grew 1.5% year-on-year in the first quarter of 2023, a Reuters
2023-06-23 00:48
Ford agrees to $9.2 billion US government loan
Ford and its South Korean battery manufacturing partner SK On have agreed to a loan of $9.2 billion from the US Department of Energy as part of President Joe Biden's push to bring more electric vehicle production to the United States.
2023-06-23 00:46
China formally protests Biden's depiction of its leader as an out-of-touch 'dictator'
China says it has registered a formal protest over President Joe Biden's description of China's leader as a dictator
2023-06-23 00:21