Global markets were mostly lower on Wednesday after a rally by technology stocks propelled the Nasdaq composite to a record high.
Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the possibility of the automaker’s first plant closures in Germany.
Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role.
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
British Treasury chief Rachel Reeves is announcing 40 billion pounds in tax hikes in her first budget, saying she will use the money to “invest, invest, invest” and get the economy growing.
A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its products while undergoing a hoped-for revitalization.
Boeing and its striking union returned to the bargaining table Tuesday for the first talks since the union turned thumbs down on a contract proposal last week.
The Taliban has once again taken steps to further impose extreme restrictions on women under its interpretation of sharia law in Afghanistan, this time banning women from “hearing other women’s voices” while they pray, reports said this week. Khalid Hanafi,… Continue Reading →
At least 63 people have died in eastern Spain after flash floods swept away cars, turned village streets into rivers and disrupted rail lines and highways in the worst natural disaster to hit the European nation in recent memory. Emergency… Continue Reading →
The Pentagon is warning there will be no new limits on Ukraine’s use of American weapons if North Korean soldiers amassing in Russia join the military conflict. The declaration comes after the Department of Defense announced in mid-October that it… Continue Reading →
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