German inflation slows to 6.1% in May, though food prices are still surging
German inflation eased to 6.1% in May following several months of declines, even as Europe’s biggest economy registered another painful increase in food prices of nearly 15%
2023-05-31 21:26
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:19
UK hails first post-Brexit trade deals with Australia, New Zealand, but impact likely small
The British government has hailed an era of cheaper Australian wine and New Zealand kiwi fruit as free-trade agreements with the two southern hemisphere nations took effect
2023-05-31 20:56
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:23
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:23
Nearly Half of Marketers Say Ageism Is Tolerated More Than Other Forms of Discrimination: Canadian Marketing Association
TORONTO--(BUSINESS WIRE)--May 31, 2023--
2023-05-31 19:52
Oil Extends Slump as Chinese Data Threatens Demand Outlook
Oil edged lower, extending its biggest decline in four weeks as weaker-than-expected economic data from China added to
2023-05-31 18:25
China's commerce minister meets Tesla's Musk, promises support to foreign companies
China’s commerce minister met Tesla Ltd
2023-05-31 18:18
Woman who accused Biden of sexually assaulting her in 1993 defects to Russia
A former staffer who accused Joe Biden of sexual assault has defected to Moscow and spoken to Russian state media in a news conference that lasted several hours.
2023-05-31 17:58
Changes to food aid in debt bill would cost money, far from savings GOP envisioned
A Republican attempt to expand work requirements for federal food aid in debt legislation moving through Congress would increase federal spending by $2.1 billion over 10 years
2023-05-31 17:52
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
After ballooning for years, CEO pay growth is finally slowing
2023-05-31 17:27
ECB’s Inflation Fight Exposes Fragilities in Financial System
The European Central Bank’s fight against stubbornly high inflation has revealed fragilities in the financial system that are
2023-05-31 16:29