Sunday, July 13, 2025
Economy
World Economic Forum founder Schwab to retire from leadership role
Geneva (AFP) - Klaus Schwab, the founder and for decades the face of the World Economic Forum, will step away...
US existing home sales slip in April on still high mortgage rates
Washington (AFP) - Existing home sales in the United States crept lower in April as mortgage rates remained elevated, industry...
Ex-UK Post Office boss ‘sorry’ over convictions scandal
London (AFP) - The former boss of Britain's Post Office on Wednesday apologised to the hundreds of staff who were...
ECB can start cuts before Fed, says Finnish bank governor
Frankfurt (Germany) (AFP) - The European Central Bank did not have to take its cues from the US Federal Reserve...
UK inflation slows to near three-year low
London (AFP) - Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further,...
US to sell off strategic gasoline reserves in northeast
Washington (AFP) - The US Department of Energy announced Tuesday that it will sell off a million barrels of gasoline...
Natural disasters hit 1 in 5 US adults’ finances in 2023: Fed
Washington (AFP) - Almost 20 percent of adults in the United States were financially impacted by natural disasters last year, the...
Progress in US inflation fight ‘has likely resumed’: Fed official
Washington (AFP) - Progress in the US Federal Reserve's fight against inflation "likely resumed" last month, a senior bank official...
IMF cautions on timing of UK rate cut
London (AFP) - The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start...
Sick of tourists, Japan town blocks view of Mt Fuji
Fujikawaguchiko (Japan) (AFP) - A Japanese town mounted a large mesh barrier at a popular viewing spot for Mount Fuji...
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