Debt-plagued Zambia reaches deal with China, other nations to rework $6.3B in loans, French say
The French government says that Zambia has reached a deal with China and several other government creditors to restructure $6.3 billion in loans
2023-06-23 04:24
Qatar Investment Authority is buying a stake in Monumental Sports & Entertainment, AP source says
A person with knowledge of the sale tells The Associated Press the Qatar Investment Authority is buying a roughly 5% stake of Monumental Sports & Entertainment as part of a $4.05 billion deal
2023-06-23 03:50
Microsoft, regulators tangle in court over fate of $69 billion deal that could reshape video gaming
Federal regulators on Thursday launched a legal attack on Microsoft’s proposed $69 billion takeover of video game maker Activision Blizzard by depicting it as an anticompetitive weapon while Microsoft hailed the deal as a way to make popular games such as Call of Duty more widely available at cheaper prices
2023-06-23 02:18
Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Macy’s, Target and Dollar General are warning investors their sales will suffer this year as consumers shift spending to essentials
2023-06-23 02:17
FDA warns stores to stop selling Elf Bar, the top disposable e-cigarette in the US
U.S. regulators have sent warning letters to dozens of retailers selling fruity disposable e-cigarettes, including the current best-selling brand, Elf Bar
2023-06-23 01:24
May home sales inch higher with record-few on the market and biggest annual price drop since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-23 00:48
China formally protests Biden's depiction of its leader as an out-of-touch 'dictator'
China says it has registered a formal protest over President Joe Biden's description of China's leader as a dictator
2023-06-23 00:23
Kenya's new tax package angers some backers of president who once vowed to reduce cost of living
Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with supporters of the president who once vowed to reduce the cost of living
2023-06-22 22:59
Home sales inch up in May amid record-low inventory and biggest annual drop in prices since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-22 22:24
Stock market today: Wall Street follows global markets lower after more rate hikes
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 21:54
Weekly US applications for unemployment aid remain relatively elevated
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s rate hikes are beginning to cool a still-strong labor market
2023-06-22 21:23
Weekly US applications for unemployment aid remain elevated
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s rate hikes are beginning to cool a still-strong labor market
2023-06-22 20:57