An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years
An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs
2023-06-30 20:51
California is about to give Hollywood studios a lucrative tax deal during the writers' strike
A bill at Gov. Gavin Newsom's desk makes California's film and TV tax credit refundable for cash. It also mandates productions to comply with new firearm safety protocols inspired by the 2021 "Rust" shooting and implements requirements for meeting diversity targets.
2023-06-30 20:22
Executives urge Europe to rethink its world-leading AI rules
More than 150 executives are urging the European Union to rethink the world’s most comprehensive rules for artificial intelligence
2023-06-30 20:16
Passengers Stranded in Geneva as Airport Strike Continues
A strike at Geneva airport disrupted travel for thousands of passengers on Friday, fueling fresh concern that protests
2023-06-30 18:59
Oil Traders Transfixed as Activity Jumps on Key Mideast Platform
The trading of Middle Eastern oil derivatives on a closely-watched platform that helps set crude benchmarks and shape
2023-06-30 18:18
Europe inflation slips to 5.5% — but that won't stop central bank rate hikes
Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags
2023-06-30 17:20
EU leaders resume migration talks but Poland and Hungary's governments slow progress
European Union leaders have resumed migration talks after Poland and Hungary blocked progress overnight
2023-06-30 16:53
Dutch semiconductor machine export restrictions to come into force in September
The Dutch government says companies that create machines that make advanced processor chips will be required to have an export license before they can be sold overseas starting in September
2023-06-30 16:19
Cheaper competition for Humira is hitting the market, but savings will depend on your insurance
Patients who take the autoimmune disease treatment Humira may see some price relief when several lower-cost, biosimilar versions of the AbbVie drug reach the U.S. market in July
2023-06-30 16:19
The IMF agrees to a long-awaited bailout for Pakistan of $3 billion
The International Monetary Fund has agreed to provide $3 billion to Pakistan — a long-awaited relief to bail out the impoverished country’s ailing economy
2023-06-30 14:57
How Mecca is the lynchpin for Saudi Arabia's hospitality and tourism drive
Saudi Arabia is pumping billions of dollars into the holy city of Mecca to meet its ambitious economic targets, with high-end hotels, apartment blocks, retailers and restaurants planned for areas around the Grand Mosque
2023-06-30 14:29
Stock market today: Asian shares are mixed after China reports weaker manufacturing in June
Shares are mixed in Asia after China reported slower factory activity in June due to weaker consumer spending and export demand
2023-06-30 14:18