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 22:48
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 22:26
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 21:56
German rail union threatens open-ended strikes over pay dispute
A German rail workers’ union says it will ask its members to vote on all-out strike action after long-running salary talks with the main national railway operator broke down
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 21:00
Stock market today: Wall Street futures follow global shares lower on rate hikes galore
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 20:53
Swiss central bank urges review of 'too big to fail' bank safeguards after Credit Suisse debacle
Switzerland’s central bank says it's time to review rules aimed at preventing disastrous bank collapses
2023-06-22 19:55
Foes of Myanmar's military regime applaud new US sanctions, but want action to block gas revenues
Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation
2023-06-22 19:54
Decisions made after fiery Ohio train derailment will be examined at NTSB hearing
Some of the key decisions made in the aftermath of the fiery Feb. 3 Norfolk Southern train derailment in eastern Ohio will be examined at a hearing Thursday
2023-06-22 19:46
Turkey's central bank sharply raises interest rates. That could signal an economic turnaround
The Turkish central bank has delivered a large interest rate increase, signaling a shift toward more conventional economic policies to counter sky-high inflation
2023-06-22 19:18
Yellen says it's 'critical' to maintain U.S.-China ties after Biden's 'dictator' remarks
U.S. Treasury Secretary Janet Yellen says it’s “critical” the U.S. and China maintain a relationship so they can “work together” on global challenges
2023-06-22 18:57
Pakistan's premier meets with the head of IMF in Paris, hoping to unlock $6B deal to avoid default
Officials say Pakistan’s Prime Minister Shahbaz Sharif has met with the head of the International Monetary Fund in Paris on the sidelines of the global financing summit in a last-ditch effort to unlock a $6 billion bailout package to help avoid a default
2023-06-22 18:26