Child poverty in the US jumped and income declined in 2022 as coronavirus pandemic benefits ended
Child poverty in the United States more than doubled and median household income declined last year when coronavirus pandemic-era government benefits expired and inflation kept rising
2023-09-13 00:15
Wells Fargo CFO expects more layoffs ahead
By Nupur Anand NEW YORK Wells Fargo could see its headcount decline further as it aims to improve
2023-09-12 23:29
Landmark Google trial opens with sweeping DOJ accusations of illegal monopolization
US prosecutors opened a landmark antitrust trial against Google on Tuesday with sweeping allegations that for years the company intentionally stifled competition challenging its massive search engine, accusing the tech giant of spending billions to operate an illegal monopoly that has harmed every computer and mobile device user in the United States.
2023-09-12 23:27
Strike looms as talks between UAW, Detroit Three drag on
The United Auto Workers (UAW) union has warned of a coordinated strike against the Detroit Three automakers, if
2023-09-12 23:25
Poverty rate jumps in 2022 after end of enhanced child tax credit
The share of Americans, particularly children, in poverty rose significantly last year, in part because Congress did not renew a Covid-19 pandemic enhancement to the child tax credit, according to Census Bureau data released Tuesday.
2023-09-12 22:59
Putin lauds 'excellent' economic ties with China. Here's how they've grown
Economic relations between Moscow and Beijing have become very strong, Russia's president said Tuesday, a year and half after sweeping sanctions dramatically curtailed ties with the West.
2023-09-12 22:57
US official poverty rate was 11.5% in 2022, Census Bureau says
WASHINGTON The official U.S. poverty rate was 11.5% in 2022, while the supplemental poverty rate, which takes into
2023-09-12 22:26
Synthetic graphite for EV batteries: Can the West crack China's code?
By Paul Lienert and Nick Carey New investments in the United States and Europe aim to challenge China’s
2023-09-12 22:22
US takes on Google in much-anticipated antitrust trial
By Diane Bartz WASHINGTON (Reuters) -The United States argued on Tuesday that Google did not play by the rules in
2023-09-12 21:59
Israel central bank says digital shekel launch an 'open question'
By Steven Scheer JERUSALEM Israel's central bank is pushing forward with plans to issue a digital shekel, citing
2023-09-12 21:53
Online prices plunge by the most in three years
Online shoppers were greeted by rapidly falling prices in August, marking another positive sign in the fight against inflation.
2023-09-12 21:46
How fast is UK the labour market slowing?
By David Milliken LONDON Britain's labour market has been cooling in recent months, with rising unemployment, less hiring
2023-09-12 21:18