Qantas illegally fired 1,700 workers at start of pandemic, court rules
The airline has been embroiled in several scandals related to its business practices during the pandemic.
2023-09-13 09:25
US jobless aid programs bilked of up to $135 billion during COVID, watchdog says
Up to $135 billion of jobless benefits paid out by U.S. states during the coronavirus pandemic may have
2023-09-13 07:45
Watchdog agency increases its pandemic unemployment benefits fraud estimate to as much as $135 billion
As much as $135 billion in fraudulent Covid-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the US Government Accountability Office.
2023-09-13 06:46
This week's US inflation data is very important. Here's why
Markets hate uncertainty, and there's a lot of it this fall: The United Auto Workers union may strike on Friday, the federal government is heading toward another potential shutdown in October, geopolitical tensions with China remain heightened and oil prices could stay elevated through December. There's also the looming question about whether the Federal Reserve will hike interest rates again.
2023-09-12 20:55
China says its economy is 'resilient', rejects Western concerns
BEIJING China's economy is resilient and has not collapsed, the Chinese foreign ministry said on Tuesday, rejecting claims
2023-09-12 17:25
UK wage growth points to another rate hike but jobless rate rises
By Andy Bruce and David Milliken LONDON (Reuters) -Another record month for British pay growth put the Bank of England
2023-09-12 16:58
Arm CEO Pitches IPO Investors on Shift to High-Margin Chips
Arm Ltd. Chief Executive Officer Rene Haas, gearing up for the biggest initial public offering of the year,
2023-09-12 16:56
Treasury's Adeyemo, in New York, says tackling rural economic inequality essential
By Andrea Shalal Reversing a significant rise in inequality in the United States over the last four decades
2023-09-11 22:23
Exclusive-Goldman shrinks executive committee in reshuffle, moves admin officer to banking, markets - sources
By Saeed Azhar NEW YORK Goldman Sachs has named Chief Administrative Officer Ericka Leslie to head global banking
2023-09-11 21:45
Franklin Templeton CEO says China pessimism is overhyped
By Yantoultra Ngui SINGAPORE The idea that investment opportunities in China have met their demise is probably overhyped,
2023-09-11 13:50
Taiwan Envoy Sees ‘Alarming’ Signs in China’s Economic Slowdown
China’s economy is showing clear signs of a slowdown that will have an inevitable spillover to the region,
2023-09-11 05:45
Biden Doubts China Capacity to Invade Taiwan Amid Economic Woes
President Joe Biden said he had no intention of trying to contain or isolate China, even as he
2023-09-10 23:53