The world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7%

Several hundred janitors marched to join writers on the picket line outside Sony Pictures and Amazon Studios Thursday, as some custodial staff have lost their jobs while productions are halted.

The United Auto Workers union is preparing to announce a possible expansion of its strike against General Motors, Stellantis and maybe Ford this Friday if there isn't more progress in talks, a union source familiar with plans said Wednesday.

The European Union offered closer political and investment ties to some 20 countries from across the Indo-Pacific region,

Two Federal Reserve officials who led the push for higher interest rates to curb inflation last year signaled

President Vladimir Putin said Russia would use cluster bombs if they’re used against his troops, while denying -

Influential donors to Harvard University and the University of Pennsylvania say they will cut their ties to the schools in protest of college administrators' response to alleged anti-Israel speech and antisemitism on campuses in the wake of Hamas' terror attacks.

TOKYO Japan has yet to achieve price gains driven by higher wages with the recent rise in inflation

TEL-AVIV, Israel--(BUSINESS WIRE)--Jul 10, 2023--

IRVING, Texas--(BUSINESS WIRE)--Sep 11, 2023--

By Xie Yu HONG KONG China's embattled Country Garden is aiming to pull together a tentative plan to

Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.