Category: Finance

Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.While many areas of the U.S. economy are disinflating — meaning their prices are still rising, though at a slower rate — some have been outright...

The New York Stock Exchange welcomes Zeekr Intelligent Technology Holding Limited in celebration of its initial public offering on May 10, 2024.BEIJING — Chinese electric car brand Zeekr announced new batteries on Tuesday, which it says boast the fastest charge in the world.The offering aims to address consumers' long-standing worries...

Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida.Joe Raedle | Getty ImagesRenewed fears of a U.S. recession have put a spotlight on unemployment.However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did...

Banking analysts assess the possibility of a banking merger in Italy.Bloomberg | Bloomberg | Getty ImagesMILAN, Italy — European policymakers have longed for bigger banks across the continent.And Italy might be about to give them their wish with a bumper round of M&A, according to analysts.Years after a sovereign debt...

Pictured here is a McDonald's store in Yichang, Hubei province, China, on July 30, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — A theme emerging in the latest slew of U.S. companies' earnings reports is a drag from the China market.The Chinese economy — home to more than four times the...