UK inflation dropped for the third month in a row but energy and food prices continue to put pressure on British households.
Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon
Russia’s budget deficit hit a record 1.8 trillion rubles ($24.4 million) in January, with spending growing by 58% from the previous year while revenues fell by more than a third.
Starbucks CEO Howard Schultz declines to appear at U.S. Senate hearing
Sen. Bernie Sanders, who chairs a committee on labor issues, and other members of the committee asked Schultz to answer by Feb. 14 whether he would take part.
Singapore faces a ‘delicate balancing act’ amid weak economy and inflation, says deputy PM
Singapore’s DPM Lawrence Wong says Budget 2023 was “particularly challenging” as the country tried to ensure fiscal prudence while helping Singaporeans with cost of living.
Chinese EV startup Jidu plans to use ChatGPT-like tech
The combined tech aims to improve users’ interactivity with the car, the startup said. So-called smart cars typically include voice control.
Special counsel seeks testimony from Trump lawyer as prosecutors allege evidence of crime
A source told NBC News that special counsel Jack Smith has asked a judge to allow prosecutors to invoke the “crime fraud” exception and sidestep attorney-client privilege.
BofA says these global stocks can weather a choppy market — and are ‘inexpensive’
Stocks are see-sawing. As investors get jittery, BofA screened for cheaper global stocks that proved resilient during the financial crisis of 2008.
This fund manager says a bull market might be on the horizon — and names her top stock picks
U.S. stocks are posting smaller gains this month, as market sentiment turns more bearish. But fund manager Barbara Doran is taking a contrarian view.
China’s economic recovery is off to a slow start
Preliminary economic data indicate overall growth isn’t yet roaring back since mainland China ended its Covid controls in early December.
Devon Energy delivered a disappointing fourth quarter, even when factoring in lower energy prices
We’re looking to the company for answers on how it plans to continue returning cash to shareholders in a lower oil-price environment.