by | Dec 26, 2024 | Business News
WASHINGTON (AP) — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Jobless claim applications ticked down by 1,000 to 219,000 for the week of Dec. 21, the Labor... by | Dec 26, 2024 | Business News
ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring inflation. Citing slowing inflation, the bank’s Monetary... by | Dec 26, 2024 | Business News
(Reuters) -U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers. The sales jump was well above a 3.1%... by | Dec 26, 2024 | Business News
NEW YORK (AP) — Jason LaCroix felt privileged to work from home, especially as a father to two young children. He needed flexibility when his son, then 6, suffered a brain injury and spent 35 days in intensive care. LaCroix, a senior systems engineer based in... by | Dec 26, 2024 | Business News
BANGKOK (AP) — A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands. Earlier in the week, a... by | Dec 26, 2024 | Business News
BANGKOK (AP) — China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for total economic activity, or GDP, in 2023 for the...
