‘The Late Show with Stephen Colbert’ to end in May 2026 amid CBS cost cuts
NEW YORK — The Late Show with Stephen Colbert will come to an end in May 2026, CBS confirmed, marking the conclusion of one of late night television’s longest-running franchises. Colbert, who…
U.S. business activity slows in January amid Omicron wave -IHS Markit survey
WASHINGTON – U.S. business activity grew at its slowest pace in 18 months in January as a winter surge in COVID-19 infections worsened worker shortages at factories, though demand remained strong. Data…
Biden, Kishida agree to boost security, economic cooperation amid rising concerns
By David Brunnstrom, Kiyoshi Takenaka and Michael Martina WASHINGTON/TOKYO -U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida agreed in a virtual meeting on Friday to boost cooperation on pressing economic…
Explainer-Russia’s financial health amid geopolitics-driven market sell-off
By Katya Golubkova MOSCOW – Russian assets are under pressure as investors worry about the possible extension of U.S. sanctions or new EU measures targeting officials, banks and the energy sector if…
Prince Andrew Deletes Social Media Accounts Amid Sex Abuse Lawsuit
Prince Andrew deleted some of his social media accounts amid his legal battle with a woman making sexual abuse claims against him. The Duke of York’s Twitter and Instagram accounts were deactivated…
Luxury Car Sales Surge Amid Global Supply Chain Disruptions And Surging Inflation
Luxury car sales surged in 2021 while mainstream car companies struggled amid global supply chain disruptions and soaring inflation, The Wall Street Journal reported. Luxury car brands, including Rolls-Royce, Bentley, Porsche and…
Queen Strips Prince Andrew Of Royal Titles Amid Epstein Scandal
Harold Hutchison on January 13, 2022 Prince Andrew returned his royal and military titles to the Queen of England, according to a statement released by the Royal Family. “With The Queen’s approval…
Chicago Public Schools Enters Second Week Of Cancelled Classes Amid Teachers Union Strike
Chicago Public Schools (CPS) canceled classes for the fourth consecutive day on Monday amid a Chicago Teachers Union (CTU) strike. CPS said classes were canceled for all students on Monday, Jan. 20,…
Apple Bans In-Person Shoppers From New York City Stores Amid Spike In Covid Cases
Apple is banning in-person shoppers from its New York City locations as COVID-19 cases skyrocket in the area. The tech giant is only allowing customers to pick up online orders from its…
Holiday Sales Surged In December Amid Supply Chain Issues And Growing COVID-19 Cases
Holiday sales surged at the fastest pace in nearly 20 years despite shoppers facing higher prices, supply issues and soaring COVID-19 cases, according to a key spending metric. Holiday sales grew 8.5%…
New Jersey’s latest toll hike comes amid record inflation, high unemployment, pandemic, legislators say
Senator Christopher Connors, Assemblyman Brian Rumpf and Assemblywoman DiAnne Gove are calling on Trenton to end automatic toll increases that commuters and businesses can no longer afford. In May of last year Connors, Rumpf…
Russia Makes List Of Demands For NATO Amid Threats Of Invading Ukraine
The Russian foreign ministry released a list of actions on Friday that it wants NATO to take amid the ongoing threat of an invasion of Ukraine, Reuters reported. Russia demanded NATO rescind…
FedEx Predicts Record Holiday Delivery Season Amid Continuing Labor And Supply Chain Concerns
FedEx predicted that Monday will be a record day for deliveries for the 2021 holiday season, company executives told CNBC. “We’ve seen a lot of people actually starting their Christmas shopping in…
Women’s Tennis Association Announces ‘Immediate Suspension’ Of All Tournaments In China Amid Concerns Over Female Tennis Star
The World Tennis Association (WTA) announced it would suspend all tournaments in China on Wednesday in support of tennis star Peng Shuai. “Unfortunately, the leadership in China has not addressed this very…
Survey says shoppers cutting back amid economic concerns during holiday shopping
A new Oracle Retail survey shows that consumers have barely made a dent in their holiday shopping. While a September survey showed that 52% of Americans had already started holiday shopping or plan…
Consumer Spending Jumped In October As Consumers Prepared For Holiday Shopping Amid Surging Prices
U.S. consumer spending grew in October as consumers prepared for holiday shopping with inflated prices and continuing supply chain issues. Household spending increased 1.3% in October compared to the previous month, while…
Police Union Slams Local Govt’s Budget Reform Amid Record Annual Homicides
The Washington, D.C., police union blamed the city’s recent surge in homicides on police reform measures implemented in the wake of George Floyd’s death. “Homicides are up 13% over last year’s alarming…
Dollar Tree Says It’s Raising Prices For The First Time In 35 Years Amid Surging Inflation
Dollar Tree announced Tuesday it is raising its prices, bringing the cost of its products over one dollar for the first time in 35 years. The dollar store will raise its prices…
Democrats’ Plan To Pass $1.75T Spending Package Collapses Amid Intraparty Disagreements
House Democrats’ plan Friday to pass both the bipartisan infrastructure package and President Joe Biden’s social-safety net bill collapsed after a handful of moderates refused to vote on the $1.75 trillion budget…
U.S. Consumer Spending Grew Slowly In September Amid High COVID-19 Cases, Supply Chain Problems and Rising Inflation
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and ending unemployment benefits. Consumer spending increased 0.6% in September, down from a…
Poll Suggests Bad News For Holiday Shoppers Amid Supply Chain Chaos
Over half of Americans shopping for the holiday season say they’re experiencing difficulties buying products, according to a new poll. When asked if they had experienced any holiday shopping issues, 51% of…
Retail Sales Beat Expectations Amid Surging Inflation
U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday. Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%,…
IMF Expects Less Economic Growth From US Amid Supply Chain Chaos
The International Monetary Fund cut its global growth forecast for 2021 on Tuesday, citing supply chain disruptions and pandemic-related health concerns. In the International Monetary Fund’s (IMF) World Economic Outlook report, released Tuesday, the…
REPORT: Private Job Hirings Beat Expectations Amid COVID-19 Scares And Slow Economic Growth
Private companies added 568,000 jobs in September, exceeding expectations as the country faced growing numbers of delta variant cases and slow economic growth, according to a major payroll report. The 568,000 jobs…
Think Tank President Who Fantasized About Beating Gun Owners’ ‘Brains In’ Steps Down Amid Domestic Violence Allegations
The president of a think tank who once fantasized about maiming a St. Louis couple resigned in September after being charged with assaulting his wife, Politico reported. Jerry Taylor, president of the…
Amid Concerns About Declining Birth Rates, China Announces Plan To Reduce Abortions
China’s government plans to reduce the number of abortions taking place in the country, Chinese health authorities announced Monday. The plan to decrease “nonmedical abortions” was briefly mentioned in a long policy…
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