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United States
US stocks rally as recession fears ease and investors look to upcoming Big Tech earnings
US stocks rally as recession fears ease and investors look to upcoming Big Tech earnings
US stocks finished higher on Monday as fears of a US recession eased on Wall Street.
The odds of a recession in the next 12 months have fallen to 20%…
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China using coercive business practices for economic advantage: US
China using coercive business practices for economic advantage: US
The diplomatic relations between China and US have been downgraded since the Chinese spy balloon incident
Chinese Communist Party is using coercive economic practices to…
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US restrictions to undermine efforts to ease tensions with China: Report
US restrictions to undermine efforts to ease tensions with China: Report
The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China,…
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New deal on EU-US data flows sparks privacy fears and business uncertainty
New deal on EU-US data flows sparks privacy fears and business uncertainty
A new deal on data transfers between the EU and US has alarmed businesses and privacy campaigners.
The pact, known as the EU-US Data Privacy Framework, was…
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Sanctioned Chinese military giant’s U.S. business keeps growing
Sanctioned Chinese military giant’s U.S. business keeps growing
Cirrus Aircraft is proud of its history in the U.S. heartland: The private plane-maker’s website includes details such as the company’s 1984 launch in a Wisconsin barn, the…
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Gold Prices Rise as Cooling US Inflation Raises Hopes of Fed Rate Hike Pause
Gold Prices Rise as Cooling US Inflation Raises Hopes of Fed Rate Hike Pause
Gold prices jumped more than 1% on Wednesday after signs of cooling inflation in the United States boosted hopes that the Federal Reserve could hit the brakes on…
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Rupee inches higher, settles at 277.48 against US dollar
Rupee inches higher, settles at 277.48 against US dollar
Currency appreciates 0.39% in inter-bank market
The Pakistani rupee strengthened further against the US dollar, appreciating 0.39% in the inter-bank market on Wednesday.
At…
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The oldest craft brewery in the United States is shutting down after 127 years
The oldest craft brewery in the United States is shutting down after 127 years
New York CNN—Pour one out for Anchor Brewing: America’s oldest craft brewer is shutting down after 127 years in business.
The San Francisco-based company…
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Markets buoyant as US inflation, dollar slide
Markets buoyant as US inflation, dollar slide
Asian markets could not be in better spirits going into the latest South Korean interest rate decision and Chinese trade data on Thursday, thanks to the dollar's slump and global market rally…
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US inflation cooled in June for the 12th straight month
US inflation cooled in June for the 12th straight month
Minneapolis CNN—What a difference a year makes.
US annual inflation slowed to 3% last month, according to the latest Consumer Price Index released Wednesday by the Bureau of Labor…
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