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
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
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
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
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
China warns of artificial intelligence risks, calls for beefed-up national security measures
China has warned of the risks posed by advances in artificial intelligence while calling for heightened national security measures
2023-05-31 15:51
Vatican questions $17 million donation to impact investing fund, moves to prevent similar gifts
Pope Francis has asked aides to get to the bottom of how at least $17 million was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a priest
2023-05-31 14:22
New Zealand airline is asking passengers to weigh in before their flights
New Zealand’s national airline is asking passengers to step on the scales before they board international flights
2023-05-31 13:53
Former Connecticut lawmaker to be sentenced for coronavirus aid thefts
A former Connecticut state representative is set to be sentenced for stealing more than $1.2 million from the city of West Haven and using a chunk of it to fuel his gambling addiction
2023-05-31 12:58
Amazon workers upset over job cuts, return-to-office mandate stage walkout
A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company’s environmental impact is planning a walkout at its Seattle headquarters Wednesday
2023-05-31 12:54
China factory activity slows, adding to economic strains
A survey shows China’s factory activity has decelerated in May, adding to signs its economic rebound after the end of anti-virus controls is slowing
2023-05-31 11:57
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