FINANCE
U.S. employment data has been weaker than expected, staying on course for the strongest weekly loss in three months, and oil prices stabilized Friday, May 3. Concerns about demand and high interest rates remain. At 1:15 p.m. GMT Brent futures for July were up 17 cents, or 0.2 percent, at
China Represses Another Agricultural Firm: 13 Years in Jail for Xiangda Chairman
Zhang Dewu, chairman of the Xiangda Group, has been sentenced to 13 years in prison under several charges...
China Considers Buying Into Russian Energy Amid Growing Economic Challenges and COVID Lockdowns
Financial news analysis China’s ambitious economic growth target for the year is already being questioned...
More Bad News for Consumers: Visa and Mastercard Will Hike Merchant Fees In April
As North American households struggle to survive amid wildly surging inflation caused by pretexts of...
Amateur Chinese Investors Frenzy Buying Sino-Russian Stocks, Bet on Trade Boost Between Both Countries
Amateur retail investors in China are driving a rally in so-called “Sino-Russian trade concept stocks...
Target Raises Minimum Hourly Wage for Some Positions to $24
Retailer Target announced it would raise the minimum wage for some workers from $15 to $24 per hour to...
Russia Turns to Chinese Services as Mastercard, Visa, American Express Cancel the Kremlin
While China’s banks and its homegrown payments system could offer Russia a much-needed respite from crippling...
Nearly Half Of Americans Earning Over 100k Living Paycheck-to-Paycheck, Report
According to a recently published report by LendingClub Corporation in partnership with PYMNTS.com, 48...
Is China the Real Winner of the Russia-Ukraine War?
News analysis Early in the morning of Feb. 24, the Russian Federation launched a “special military...
As Fuel Prices Soar, Experts Warn Americans to Brace for Further Increases
Fuel prices across the United States continue to soar as experts warn that prices have not yet peaked...