
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:17

US retail sales miss expectations, but core sales strong
WASHINGTON U.S. retail sales increased less than expected in April, but the underlying trend was solid, suggesting that
2023-05-16 20:57

Retail spending rebounded in April
Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.
2023-05-16 20:51

Retail sales up 0.4% in April from March, buoyed by solid job market, easing inflationary pressures
Consumers picked up their spending in April from March, buoyed by a solid job market and easing inflationary pressures
2023-05-16 20:50

Lebanese central bank governor no-show in Paris corruption probe
Lebanon’s embattled central bank governor has failed to appear before French prosecutors in Paris, questioning him in the ongoing European money-laundering and illicit enrichment probe
2023-05-16 20:48

Millennial Money: What’s concierge medicine? Is it worth it?
Concierge medicine, a business model in which patients pay a membership fee to have a direct relationship with a doctor — used to feel like something just for the well-to-do
2023-05-16 20:47

Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:29

Turkey's market rout deepens after Erdogan's strong election showing
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip
2023-05-16 20:23

Erdogan rival faces uphill struggle in Turkey runoff
Turkey's secular opposition leader may have succeeded in forcing President Recep Tayyip Erdogan into his first ever runoff, but his chances of winning...
2023-05-16 20:19

Union for Canada's second biggest airline says pilots issue 72-hour strike notice
The union for Canada’s second biggest airline have issued a 72-hour strike notice to WestJet and they warn the airline could be shut down before the weekend
2023-05-16 20:18

Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:55

Stock market today: US futures point lower after shaky start to big retail week, sluggish China data
Wall Street is pointing lower after data showed China’s economy is weaker than expected, while Home Depot cut its profit and sales outlook for the year, signaling a pullback in spending by Americans strapped by inflation and anxious about a possible recession
2023-05-16 19:54