Americans quit their jobs at a record pace for the second straight month in September, in many cases for more money elsewhere as companies bump up pay to fill job…
more ...Biden, Xi Support APEC Declaration Ahead of US-China Summit
U.S. President Joe Biden, Chinese President Xi Jinping and leaders of the Asia-Pacific Economic Cooperation member economies concluded their virtual APEC Leaders’ Meeting on Friday, agreeing on a series of…
more ...Germany’s Presumptive Next Leader Forecasts Improved Financial Picture
German Finance Minister and Vice Chancellor Olaf Scholz, the presumptive leader of the next government, presented an updated financial forecast Thursday indicating increased revenues for future government projects. At a news conference…
more ...Brussels Cuts Growth Forecast as Spanish Economy Lags Behind Neighbors
The European Commission lowered its forecast for Spanish growth this year as the country’s recovery from the COVID-19 pandemic lagged behind other European nations. The commission said Thursday it estimates…
more ...Afghanistan ‘At Brink of Economic Collapse,’ Warns Pakistan
Afghanistan is “at the brink of economic collapse” and the international community must urgently resume funding and provide humanitarian assistance, Pakistan’s foreign minister warned Thursday as U.S., Chinese, Russian and…
more ...After Promise, Musk Sells $1.1 Billion in Tesla Shares to Pay Taxes
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 900,000 shares of the electric car maker’s stock, netting over $1.1 billion that will go toward paying…
more ...China’s ‘Single’s Day’ Shopping Fest Subdued by Tech Crackdown
China on Thursday held a subdued version of its annual “Single’s Day” shopping spree, shorn of the usual boasting on sales volume as the country’s chastened e-commerce sector reels under…
more ...US, China Surprise Climate Summit With Joint Declaration
The United States and China surprised the COP26 climate summit in Glasgow on Wednesday with a joint declaration to take action to limit global warming over the next decade. The…
more ...Countries Agree to Create Green Shipping Lanes in Pursuit of Zero Carbon
A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonization of the…
more ...Pfizer Asks US Regulators to Expand Booster Shot of COVID-19 Vaccine to All Adult Americans
U.S.-based drugmaker Pfizer is seeking to make a booster shot of its COVID-19 vaccine available to all adult Americans 18 years of age and older. Pfizer filed the request Tuesday with…
more ...US Food Banks Struggle to Feed Hungry Amid Surging Prices
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation. …
more ...Federal Reserve Warns of Turmoil in Chinese Real Estate Sector
The Federal Reserve is warning that spillover effects from a worsening debt crisis in the Chinese real estate sector could roil global financial markets and damage economic growth, including that…
more ...Facebook Plans to Remove Thousands of Sensitive Ad-Targeting Options
Facebook Inc. said on Tuesday it plans to remove detailed ad-targeting options that refer to “sensitive” topics, such as ads based on interactions with content around race, health, religious practices,…
more ...SpaceX Returns 4 Astronauts to Earth, Ending 200-Day Flight
Four astronauts returned to Earth on Monday, riding home with SpaceX to end a 200-day space station mission that began last spring. Their capsule streaked through the late night sky like a…
more ...Australia Plans Electric Car Boost With 50,000 New Home Charging Stations
Australia’s electric car industry has criticized the government’s new policy to build thousands of charging stations as “far too little, too late.” The Australian government Tuesday pledged $132 million to speed up the rollout of hydrogen refueling…
more ...Original Apple Built by Jobs and Wozniak to be Auctioned
An original Apple computer, hand-built by company founders Steve Jobs and Steve Wozniak 45 years ago, goes under the hammer in the United States on Tuesday. The functioning Apple-1, the…
more ...Latest Exit From Fed’s Board Gives Biden Three Slots to Fill
Randal Quarles announced Monday that he will resign from the Federal Reserve’s Board of Governors at the end of the year after completing a four-year term as its top bank…
more ...Young Compete Against Old in Hottest US Rental Market in a Decade
Renting an apartment can be a challenge for new college graduates who are facing the hottest U.S. rental market in a decade, along with some unexpected competition from millennials —…
more ...Costs, Literacy and Design: The Invisible Barriers to Tackling the Digital Divide
Connecting everyone in the world to the web will not single-handedly bridge the digital divide, tech experts at the Web Summit said this week, citing other invisible barriers like high…
more ...Musk Asks Twitter if He Should Sell 10% of His Tesla Stock
Tesla Chief Executive Elon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock. “Much is made lately of unrealized gains…
more ...Restoring Mexico’s Mangroves Can Shield Shores, Store Carbon
When a rotten egg smell rises from the mangrove swamps of southeast Mexico, something is going well. It means that this key coastal habitat for blunting hurricane impacts has recovered…
more ...Alleged Russian Hacks of Microsoft Service Providers Highlight Cybersecurity Deficiencies
Cybersecurity experts say Microsoft’s recent disclosure that alleged Russian hackers successfully attacked several IT service providers this year is a sign that many U.S. IT companies have underinvested in security…
more ...Exodus of Foreign Internet Giants Strengthens China’s Homegrown Ecosystem
China now depends almost entirely on its own online content providers, as the number of big foreign companies in the market, such as Yahoo and LinkedIn, keeps dwindling, giving the…
more ...US Economy Adds 531,000 Jobs in October
The U.S. economy created 531,000 jobs in October, more than the 450,000 economists had forecast, according to the U.S. Department of Labor. The unemployment rate also dropped slightly from 4.8%…
more ...UN: Food Prices Continue Upward Trend
The United Nations Food and Agriculture Organization has reported its Food Price Index, which tracks the international prices of a basket of food, found that in October, the cost of a basket of food was up 3% from September.…
more ...Why US Consumers Pay Such High Prices for Prescription Drugs
Congressional Democrats this week proposed an addition to U.S. President Joe Biden’s climate and social spending legislation that would allow Medicare, the federal government’s health care program for older Americans,…
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