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
Chinese Military Deploys Troops as Xi’an Outbreak Worsens
Authorities report only a handful of COVID cases, but locals suspect the real concern is rodent-spread...
Social Security Increase Swallowed Up By Inflation
In October, the U.S. Social Security Administration declared a 5.9 percent increase in the checks received...
Food and Rent Unaffordable as 20 Percent Inflation Hits Turkey
Turkish citizens are reeling under the pressure of inflation and what many believe is President Recep...
How to Prevent Inflation From Eroding Your Finances
Americans are facing sticker shock when it comes to the prices of necessities like food, rent, gas, cars...
3 Key Factors Behind the Solomon Islands Anti-China Riots
The Solomon Islands, a country in the southwestern Pacific Ocean home to roughly 680,000 people, has...
China Fights New COVID-19 Waves in Zhejiang and Xi’an, Quarantining Thousands
Recently, the epidemic situation in the cities of Ningbo, Shaoxing and Hangzhou in southeastern China...
Chinese Real Estate Firms Pressured With Pending Wage Dues and Bond Payments
Property developers in China are facing a tough time financially. Many are unable to pay their suppliers...
Intel Apologizes to ‘Respected Chinese Customers’ Over Its Decision to Avoid Products From Xinjiang
Intel recently asked some of its suppliers in China not to procure products or services from Xinjiang...
PCE Inflation at Highest Level in 4 Decades
The Federal Reserve’s preferred gauge of inflation, the Personal Consumption Expenditures (PCE) index...