Home Depot tops expectations again, but signs of spending pullback by Americans continues to emerge
Home Depot topped profit and sales expectations in its most recent quarter, but sales continue to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans
2023-08-15 19:27
Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:18
A $500 million deal to restore Gabon's coast reignites climate finance debate
Gabon is refinancing $500 million of its debt through a deal aimed at directing more funds to ocean management
2023-08-15 18:21
Russia's central bank makes huge interest rate hike to try to prop up falling ruble
Russia’s central bank has made a large interest rate hike of 3.5%
2023-08-15 15:54
China Halts Youth Jobs Data, Stoking Transparency Concerns
China suspended publishing data on its soaring youth unemployment rate to iron out complexities in the numbers, fanning
2023-08-15 14:25
While a criminal case against a Tesla driver ends, legal and ethical questions on Autopilot endure
A criminal prosecution against a Tesla driver will conclude this week after a restitution hearing
2023-08-15 13:17
Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy
2023-08-15 13:16
California aims to introduce more anglers to native warm-water tolerant sunfish as planet heats up
California’s only native sunfish, Sacramento perch, was once so abundant it was a regular staple in San Francisco’s markets, but its numbers declined with the introduction of non-native fish in the early 20th century and today it exists in little more than a couple dozen isolated lakes
2023-08-15 12:15
Japanese economic growth surges on strong exports and tourism
Japan’s economic growth jumped at an annual pace of 6% in the April-June period, marking the third straight quarter of growth as exports and inbound tourism recovered
2023-08-15 10:56
Lebanon's interim central bank governor freezes assets of former chief and close associates
Lebanon’s interim central bank governor has frozen the accounts of the banks embattled former chief and close relatives and associates
2023-08-15 10:26
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:22
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 09:21