Economy

People at the market for their daily shopping on April 07, 2023 in Bari, Italy. Inflation has eased in Italy but price pressures remain strong.Donato Fasano | Getty Images News | Getty ImagesInflation in the euro zone eased more than expected in May, with flash figures showing the bloc’s annual headline inflation rate fell to… […]

The UAE will host the COP28 climate summit from Nov. 30 through to Dec. 12.Giuseppe Cacace | Afp | Getty ImagesThe director general of COP28 on Thursday defended the appointment of oil executive Sultan al-Jaber, describing the Abu Dhabi National Oil Company CEO as the “perfect person” to lead the climate talks.The UAE, the third-largest… […]

Salesforce (CRM) topped expectations in the first quarter of its fiscal year 2024, while providing strong guidance for the second quarter and raising its margin outlook for the rest of the year — once again proving that this is a transformed company balancing profitable growth at scale. Revenue for the three months ended April 30… […]

The Macy’s company signage is seen at the Herald Square store on March 02, 2023 in New York City. Michael M. Santiago | Getty ImagesMacy’s on Thursday slashed its full-year outlook and said it saw sales significantly weaken in March and sag even more in April.Still, the company’s stock rose more than 1% Thursday after earlier… […]

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The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated more than $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear Report. Spotify said […]

The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in Washington, DC. Kevin Carter | Getty Images The U.S. debt and deficit problem worsened during President Donald Trump’s first month in office, as the budget shortfall for February passed the $1 trillion mark even though […]

Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country. But one small subdivision instantly draws focus. Just completed, it is now the world’s largest 3D-printed community. Two years ago, Lennar the nation’s second-largest homebuilder, partnered […]

Sen. Ron Wyden, D-Ore., and Sen. Elizabeth Warren, D-Mass., speak to reporters on Capitol Hill in Washington, D.C. The Washington Post | The Washington Post | Getty Images Democratic Sens. Elizabeth Warren of Massachusetts and Ron Wyden of Oregon are warning Frank Bisignano, the nominee to lead the Social Security Administration, that he will be […]

Ukraine agreed Tuesday to an immediate 30-day ceasefire negotiated by the U.S. if Russia accepts the plan, officials said. As part of the plan, the U.S. immediately lifted its pause on sharing intelligence with Ukraine, and will resume security assistance to that country, which was invaded by Russia more than three years ago. “Ukraine is […]