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US inflation slows in July, clearing way for a cut in interest rates

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Year-over-year inflation has reached its lowest level in more than three years in July, the latest sign that the worst price spike in four...
Bussiness

Japan’s stock market plunges over US economy fears

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Benchmark Nikkei 225 index closes 5.81 percent lower after tumble in Wall Street shares.Japanese stocks have taken a dramatic plunge after Wall Street shares...
Bussiness

Meta shares surge after tech giant reports $13.5bn profit

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CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end.Meta, the parent company...
World

Huge country where economy is set to suffer most from Joe Biden’s sudden exit

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Joe Biden's exit from the 2024 US presidential race and an expected win for Donald Trump would spell a "loser" for China, an expert...
Bussiness

The Trump economy: Slower growth, higher prices and a bigger national debt

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If Donald Trump is re-elected president of the United States in November, Americans can expect higher inflation, slower economic growth and a larger national...
Fashion

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

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British luxury fashion house Burberry has appointed Joshua Schulman as its new chief executive officerBy SYLVIA HUI Associated PressJuly 15, 2024, 6:29 AM ET•...
Bussiness

Markets react to Labour election win as focus turns to interest rates

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The Labour party stomped to a landslide victory overnight on Thursday, with 412 seats in the UK parliament as of midday on Friday.Eleven members...
Bussiness

Nike stock plunges on surprise forecast of drop in sales

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It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has plunged as a forecast...
Bussiness

Amazon to launch discount section with direct shipping from China: Report

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The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein.Amazon.com plans to launch a section on...
Bussiness

Remoaners torn apart as Brexit UK triumphs after LSE soars above EU rival

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Brexit deniers are being forced to eat humble pie, after new financial data shows London's stock exchange out performing its rival in Paris, the...
Travel

Is now the best time to buy travel money for summer holidays?

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The pound has surged to a 22-month month high as the euro crashed after Emmanuel Macron called for new parliamentary elections in France. With...
Jobs

Stock market today: Asian markets mixed following hotter-than-expected US jobs report

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Asian markets are mixed in muted trading after a jobs report released Friday was hotter then expectedBy ZIMO ZHONG Associated PressJune 10, 2024, 1:11...
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