Recession ahead? By this metric, one's here now: Earnings fall and Wall Street expects 2Q soreness.
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-02 00:21
US sanctions Iranians over alleged assassination plots of former US officials, dissidents
The United States has announced sanctions against some Iranian and Turkish people and firms accused of plotting to assassinate former U.S. government officials, dual U.S. and Iranian nationals, and dissidents
2023-06-01 23:57
Supreme Court rules against union in labor dispute involving truck drivers and wet concrete
The Supreme Court has ruled against unionized drivers who walked off the job with their trucks full of wet concrete
2023-06-01 23:54
Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago
2023-06-01 23:29
Little-Known Lung Infection Grabs Limelight From Covid, RSV
A little-known respiratory virus is grabbing the limelight from Covid-19 and RSV after cases surged earlier this year,
2023-06-01 22:25
Stock market today: Wall Street slips in early going; Dollar General sinks
Stocks are slipping in early trading as reports on the U.S. economy painted a mixed outlook and some of Wall Street’s euphoria around artificial intelligence cools
2023-06-01 21:54
Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda
The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday
2023-06-01 20:50
US turns up pressure on air bag inflator company that refuses a recall despite deaths, injuries
The U.S. government is stepping up its quest to force ARC Automotive Inc. to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath
2023-06-01 20:50
Court rules Austria can't be held liable for early COVID infection at ski resort
An Austrian federal court says the state can’t be held liable for a COVID-19 infection from an outbreak at an Alpine ski resort as the coronavirus pandemic hit Europe The Supreme Court of Justice on Thursday announced its verdict in a long-running legal battle involving a German resident who traveled to Ischgl in March 2020 and visited several apres-ski venues before returning home six days later
2023-06-01 20:48
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
Planned Layoffs Have Quadrupled So Far This Year in the US
US companies have announced more job cuts this year than during all of 2022, according to executive coaching
2023-06-01 19:58
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
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