Trump threatens to ‘federalize’ D.C. over youth violence and crime surge
Washington, D.C. – President Donald Trump posted a fiery message on social media Wednesday, blasting the state of public safety in Washington, D.C., and threatening to exert federal power over the city…
Macron aims for surge in number of French tech unicorns by 2030
By Sudip Kar-Gupta PARIS – French President Emmanuel Macron, who sees growth in the country’s tech sector as crucial to his plans to boost the overall economy, said on Friday he was…
Bubs Australia shares surge on infant formula supply deal with Walmart
(Reuters) – Shares of Bubs Australia jumped on Thursday after the company signed a deal to supply its infant formula products to U.S. retail giant Walmart amid a baby food shortage in…
Euro interbank borrowing rates see biggest daily surge in over 10 years
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market expectations for European Central Bank rate hikes.…
Britain orders review of fuel market as pump prices surge
LONDON – Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has been passed onto consumers as prices at…
China’s May new bank loans surge 1.89 trln yuan, much stronger than forecasts
BEIJING – Chinese banks extended 1.89 trillion yuan ($282.62 billion) in new yuan loans in May, rebounding sharply from April and beating analysts’ expectations as policymakers try to reverse a sharp, COVID-induced…
S.Korea plans to manage steel scrap as strategic asset as prices surge
SEOUL – South Korea plans to manage steel scrap from cars and abandoned buildings and structures as a strategic material, a government official said on Thursday, amid tight supplies and a price…
Parents Flee The Public School System As Charter Schools See Surge In Enrollment
Parents Flee The Public School System As Charter Schools See Surge In Enrollment Reagan Reese on June 8, 2022 Enrollment in New York City schools is dropping while charter schools are seeing…
Surge in euro zone wages may be less than meets the eye
FRANKFURT – Euro zone wages are climbing after a lost decade but some pay rises may prove fleeting as employers across the bloc opt to give one-off bonuses rather than permanent increases…
Gas Prices Surge 26 Cents in One Week Across New Jersey to Over $5 Per Gallon in Some Places
TOMS RIVER, NJ – Shore-bound traffic during the weekend after Memorial Day weekend was light. People across the Garden State are now driving fewer miles for recreation with gas prices spiking to…
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM, one of…
Test makers target monkeypox market as cases surge
By Natalie Grover LONDON – Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world’s first major…
U.S. productivity tumbles in first quarter; labor costs surge
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that strong wage…
German April import prices surge 31.7%
BERLIN – Driven by climbing energy prices, German import prices surged 31.7% in April compared to last year’s period, the strongest increase since September 1974, the statistics office said on Monday. Rising…
‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal
‘Like A Roller Coaster’: Natural Gas Prices Surge, Inventories Drained Following Biden’s EU Deal Thomas Catenacci on May 26, 2022 U.S. natural gas prices have skyrocketed nearly 150% this year while inventory…
Woke Activists In The Workplace Are Sparking A Surge In Free Speech Cases
Woke Activists In The Workplace Are Sparking A Surge In Free Speech Cases Harold Hutchison on May 24, 2022 A non-profit public-interest law firm says activism in the workplace caused an increase…
Pushpay shares surge after NZ-based payments group confirms takeover talks
(Reuters) – Shares of Pushpay Holdings Ltd surged on Tuesday after the New Zealand-based payments group confirmed that it was in early talks with multiple parties over a potential acquisition. Pushpay said…
Top anti-inflation official in Argentina resigns as prices surge
BUENOS AIRES – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on Monday due to differences over how to contain steadily creeping prices, which have…
Shares in Deutsche Euroshop surge in pre-market trade on takeover offer
BERLIN – Shares in Deutsche Euroshop jumped 31.2% in Lang & Schwarz pre-market trade on Monday after a consortium of bidders offered 1.4 billion euros ($1.48 billion) to acquire the German shopping…
Local Officials Prepare For Looming Border Surge, Warning They’re Already Overwhelmed
Local Officials Prepare For Looming Border Surge, Warning They’re Already Overwhelmed Jennie Taer on May 20, 2022 Local officials in border towns aren’t prepared for the looming migrant influx that’s expected to…
Britain’s Nationwide warns inflation surge could dent house prices
By Lawrence White and Iain Withers LONDON – Nationwide Building Society said on Friday rocketing inflation could send British house prices into reverse, in one of the clearest warnings yet that the…
Foreign selling in Asian bonds extends as U.S. yields surge
By Gaurav Dogra (Reuters) – Emerging Asia ex-China bonds witnessed foreign outflows for a second straight month in April, due to higher U.S. yields and concerns over strict coronavirus lockdowns in China.…
Lordstown Motors shares surge after it sells assets to Foxconn
(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had closed the deal to sell its Ohio…
Analysis: Dollar’s surge spurs currency hedging by U.S. companies
By Saqib Iqbal Ahmed NEW YORK – U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade highs. The…
No place to hide: Dollar’s surge cuts across markets
By Saikat Chatterjee and Sujata Rao LONDON – “Our currency, your problem,” were the words of a former U.S. Treasury secretary in 1971 to other finance ministers aghast at the dollar’s surge.…
Food prices ease slightly in April after record surge, U.N. agency says
ROME – World food prices eased slightly in April after hitting a record high in March, but global food security remained a concern because of the difficult market conditions, U.N. food agency…
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