IMF slams new Pakistan budget proposal, says government failing to implement a more fair tax system
The International Monetary Fund has slammed Pakistan’s government over its proposal for the new annual budget, saying it failed to implement a more fair tax system in the draft
2023-06-16 01:27
Theme parks bounced back in 2022 from pandemic lows with revenue, if not attendance
Last year marked a return to normal for the theme park industry around the world with operators reporting revenues at par or above pre-pandemic levels
2023-06-16 00:26
Average long-term US mortgage rate falls to 6.69%, second straight drop since climbing to 2023 high
The average long-term U.S. mortgage rate fell again this week, positive news for potential homebuyers after rates reached their highest level since November earlier this month
2023-06-16 00:24
Biden hosts Live Nation, SeatGeek and Airbnb execs to showcase push to end hidden 'junk fees'
President Joe Biden is hosting executives from Live Nation, Airbnb and other companies at the White House to highlight his push to end junk fees that surprise consumers
2023-06-16 00:17
Zimbabwe reports record tobacco sales, mostly to China, yet many farmers deep in debt
Zimbabwe has reported record tobacco sales as the southern African nation reestablishes itself as one of the leading growers in the world
2023-06-15 23:21
Stock market today: Wall Street drifts near highest level since last year after mixed reports
Wall Street is drifting following a messy mix of economic reports that yielded no clear sign about where the economy and inflation are heading
2023-06-15 22:29
Stock market today: Wall Street opens mixed amid unclear signs on the economy
Wall Street is off to a mixed start following a messy mix of economic reports that yielded no clear sign about where the economy and inflation are heading
2023-06-15 21:56
Security firm: Chinese hackers broke into email security appliance in spying campaign
The U.S. cybersecurity firm Mandiant says suspected state-backed Chinese hackers exploited a vulnerability in a popular email security appliance to break into the networks of hundreds of public and private sector organizations globally, nearly a third of them government agencies including foreign ministries
2023-06-15 21:24
European Central Bank hikes rates again to battle inflation after US Fed hits pause
The European Central Bank has pressed ahead with another interest rate hike
2023-06-15 20:57
Number of Americans filing for jobless claims is elevated for second straight week
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s been a resilient job market
2023-06-15 20:56
Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates
Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs
2023-06-15 20:51
Shedding equity: Housing slowdown leads to first annual drop in US homeowner equity since 2012
For the first time in more than a decade, the average U.S. homeowner with a mortgage has less home equity than they did a year earlier
2023-06-15 20:19