IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
2023-10-13 00:15
Branson's Virgin wins a lawsuit against a Florida train firm that said it was a tarnished brand
A British judge has ruled in favor of Richard Branson’s Virgin group in its lawsuit against a U.S. train company over a licensing agreement
2023-10-12 22:54
While the news industry struggles, college students are supplying some memorable journalism
An investigation into academic research leads to the resignation of Stanford University's president
2023-10-12 22:45
Social Security benefits will increase by 3.2% in 2024 as inflation moderates
The acting Social Security commissioner says a 3_2% increase in benefits next year “will help millions of people keep up with expenses."
2023-10-12 21:55
The US government sanctions two shipping companies for violating the Russian oil price cap
The Treasury Department has imposed its first set of sanctions on two companies that shipped Russian oil in violation of a multinational price cap
2023-10-12 21:55
US jobless claims remain at historically low 209,000, a sign of continuing labor market strength
The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates
2023-10-12 20:45
Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements
Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds — about $2.2 million — and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein
2023-10-12 20:20
Former Formula One boss Bernie Ecclestone handed suspended sentence after pleading guilty to fraud
Former Formula One boss Bernie Ecclestone has been given a suspended prison sentence after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore
2023-10-12 20:20
Japan's government will ask court to revoke legal status of Unification Church
Japan’s government says it will ask a court to revoke the legal status of the Unification Church after former Prime Minister Shinzo Abe’s assassination raised questions about the group’s fundraising and recruitment tactics
2023-10-12 19:15
Musk's X has taken down hundreds of Hamas-linked accounts, CEO says
The head of Elon Musk’s social media platform X says the company formerly known has Twitter has removed hundreds of Hamas-linked accounts and taken down or labeled thousands of pieces of content since the militant group’s attack on Israel
2023-10-12 17:49
Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it's premature
The Malaysian government has questioned a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund
2023-10-12 17:15
Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology
Japan’s top automaker Toyota and Idemitsu, a major oil company, say they will cooperate on technology for mass production of solid-state batteries that promise to be a key component in future electric vehicles
2023-10-12 16:18