US applications for unemployment benefits tick up slightly as labor market remains healthy
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S. labor market
2023-06-01 20:46
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:55
India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:18
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Europe is getting a break on inflation
2023-06-01 17:19
UK government faces deadline to hand Boris Johnson's messages to coronavirus inquiry
The British government is facing a Thursday deadline to hand over a sheaf of former Prime Minister Boris Johnson’s personal messages to the country’s COVID-19 pandemic inquiry
2023-06-01 16:54
Singapore prime minister tests positive for COVID again in rare rebound case
Singapore Prime Minister Lee Hsien Loong says he has tested positive for COVID-19 for a second time in less than two weeks, in a rare case of a rebound
2023-06-01 15:16
Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding
Sri Lanka’s Central Bank has reduced its interest rates for the first time since the island nation declared bankruptcy last year
2023-06-01 14:22
AI chips are hot. Here's what they are, what they're for and why investors see gold
The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics
2023-06-01 13:46
LGBTQ+ people flock to Florida for Gay Days festival
Central Florida is about to become a hub of LGBTQ+ life
2023-06-01 12:45
Republicans get their IRS cuts; Democrats say they expect little near-term impact
While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector
2023-06-01 12:26
FTC hits Amazon with $25 million fine for violating child privacy with Alexa voice assistant
Amazon has agreed to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids’ voice and location data recorded by its Alexa voice assistant
2023-06-01 12:21
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their budget deal
2023-06-01 12:16