Gap between US income taxes owed and paid is set to keep growing, IRS says
The amount of tax money owed but not paid to the IRS is set to keep growing
2023-10-13 01:16
The average long-term US mortgage rate surges to 7.57%, holding at highest level since 2000
Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power
2023-10-13 00:46
IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
2023-10-13 00:21
India's retail inflation eases to three-month low in September
By Aftab Ahmed NEW DELHI India's retail inflation eased to a three-month low in September on the back
2023-10-12 23:54
Branson's Virgin wins a lawsuit against a Florida train firm that said it was a tarnished brand
A British judge has ruled in favor of Richard Branson’s Virgin group in its lawsuit against a U.S. train company over a licensing agreement
2023-10-12 22:58
While the news industry struggles, college students are supplying some memorable journalism
An investigation into academic research leads to the resignation of Stanford University's president
2023-10-12 22:50
Stock market today: Wall Street drifts as inflation reports offer few clues on interest rates
U.S. stocks are drifting, and yields are climbing following mixed economic reports that offered no slam-dunk clues about where interest rates are heading
2023-10-12 21:59
The US government sanctions two shipping companies for violating the Russian oil price cap
The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap
2023-10-12 21:51
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024
2023-10-12 21:00
US jobless claims remain at historically low 209,000, a sign of continuing labor market strength
The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates
2023-10-12 20:49
Surprise UAW strike at Ford raises stakes for Detroit Three
By Joseph White, Abhirup Roy and David Shepardson DETROIT The United Auto Workers (UAW) snap strike on Wednesday
2023-10-12 20:29
Former Formula One boss Bernie Ecclestone handed suspended sentence after pleading guilty to fraud
Former Formula One boss Bernie Ecclestone has been given a suspended prison sentence after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore
2023-10-12 20:26