Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow.
Surprise oil output cuts from OPEC+ could hurt consumers and derail the economic recovery, IEA warns
The IEA said the energy alliance’s surprise production cut was likely to spell bad news for consumers at a time of heightened economic uncertainty.
Ukraine war live updates: Pentagon leak suspect, 21, appears in court; Ukraine making some withdrawals in Bakhmut, UK says
The U.S. government and its allies are reeling from the discovery that the suspected source of a major intelligence breach is a 21-year-old National Guardsman.
Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
The luxury bag maker said it has yet to see a slowdown in U.S. demand.
Ron DeSantis signs Florida’s 6-week abortion ban into law
The governor had no fanfare around the bill-signing, sending out a news release late in the night.
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
The biggest U.S. bank by assets showed that its core business was thriving as net interest income surged almost 50% from a year ago.
No shield for Trump in rape accuser’s case as court declines to rule
A Washington, D.C., appeals court on Thursday declined to shield Donald Trump from the first of two civil defamation lawsuits by E. Jean Carroll.
Fed Chair Powell meets Chinese counterpart Yi Gang
The heads of the U.S. and Chinese central banks met in Washington, D.C., on Tuesday, the People’s Bank of China said in a statement Friday.
Judge lets Trump lawyers question rape accuser E. Jean Carroll on LinkedIn founder funding
The writer E. Jean Carroll is suing former president Donald Trump for allegedly raping her in a New York department store in the 1990s, and later defaming her.
China’s ‘Belt and Road’ grew out of a lending spree. Now those loans may be its problem
At its peak, China’s Belt and Road Initiative was seen as the centerpiece of Beijing’s engagement with the world.