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CATEGORY

Economy

Asian stocks mostly higher as markets await Fed chair speech

TOKYO ((DailyNews)) — Asian shares were mostly higher Thursday as Wall Street and global markets wait for a highly anticipated speech from the U.S....

Euro falls below parity with the dollar. What’s the impact?

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with...

China fights brush fires, extends power rationing in drought

BEIJING ((DailyNews)) — Brush fires have forced the evacuation of more than 1,500 people in southwest China and power rationing for factories has reportedly...

As inflation soars, access to Indigenous foods declines

CHICAGO ((DailyNews)) — Blueberry bison tamales, harvest salad with mixed greens, creamy carrot and wild rice soup, roasted turkey with squash. This contemporary Native...

Stocks fall broadly on Wall Street, extending market losses

Another broad stock market sell-off on Monday deepened Wall Street’s losses from last week, leaving the S&P 500 with its biggest slide since mid-June....

Russia’s war at 6 months: A global economy in growing danger

MECKENHEIM, Germany ((DailyNews)) — Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany.Zinkpower’s facility...

For Republican governors, all economic success is local

WASHINGTON ((DailyNews)) — Gov. Greg Abbott, R-Texas, often knocks President Joe Biden for high inflation and a looming recession — a standard GOP argument...

Zimbabweans hit by 257% inflation: Will gold coins help?

HARARE, Zimbabwe ((DailyNews)) — After working as an overnight security guard at a church in Harare’s impoverished Mabvuku township, Jeffrey Carlos rushes home to...

Tech stocks lead Wall Street lower, breaking winning streak

Wall Street capped a choppy week of trading Friday with a broad slide for stocks that left the major indexes in the red for...

Biden bill to help millions escape higher health care costs

WASHINGTON ((DailyNews)) — Millions of people in the United States will be spared from big increases in health care costs next year after President...

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