Markets plunged on Thursday morning after red-hot inflation data raised fears on Wall Street that the Federal Reserve would continue hiking interest rates aggressively. Then, something strange happened. Story Published at: October 14, 2022 at 03:09PM
A ‘tectonic shift’ in global wealth that will take years to recover from
Why TJ Maxx can offer discounted merchandise
It’s a great time to be a closeout store like TJ Maxx.Story Published at: October 15, 2022 at 10:02AM
Last chance to lock in a nearly 10% return on your savings
Inflation is soaring, markets are down and savings rates are still very low. But there’s one investment that offers a nearly 10% return for the next several months. But you’d need to act quickly. Story Published at: October 13, 2022 at 05:25PM
Xi Jinping’s speech: Yes to zero-Covid, no to market reforms?
Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping did not offer any grand ideas to set the country back on track during his two-hour opening speech at the Communist Party Congress on Sunday. Story Published at: October 17, 2022 at 09:27AM
Inmates say guards fired tear gas after deadly blaze at Iranian prison
Details of a chaotic night marked by tear gas and explosions have emerged from an Iranian prison following a deadly fire at the facility on Saturday.Story Published at: October 17, 2022 at 09:20AM
More than 600 killed in Nigeria’s worst flooding in a decade
The death toll from the worst flooding Nigeria has seen in a decade has passed 600 people, the country’s humanitarian affairs ministry tweeted on Sunday.Story Published at: October 17, 2022 at 07:59AM
Tourists in Italy are behaving badly this year. Here’s why:
Swimming in UNESCO-protected canals. Breaking into historic sites. Driving down the world’s most famous staircase. And just when you thought that was as bad as it gets: smashing priceless sculptures in a fit of pique.Story Published at: October 15, 2022 at 05:10AM
Hong Kong protester allegedly beaten at Chinese consulate in UK
Activists and lawmakers in the United Kingdom are demanding an investigation after a Hong Kong pro-democracy protester was allegedly beaten on the grounds of the Chinese consulate in Manchester.Story Published at: October 17, 2022 at 07:42AM
Uganda announces lockdown as Ebola cases rise
Ugandan President Yoweri Museveni has declared an immediate three-week lockdown in two high risk districts as the country battles a rise in Ebola infections. Story Published at: October 17, 2022 at 05:06AM
Damien Hirst has begun burning thousands of his own paintings
Smoke rose from artist Damien Hirst’s London gallery on Tuesday, as 1,000 of his signature “spot” paintings went up in flames. Thousands more will be reduced to ashes before the month is out. Story Published at: October 11, 2022 at 08:20PM