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The numbers: The number of people who applied for U.S. unemployment benefits in early June jumped to a nearly two-year high of 261,000, but most of the increase took place in just two states: Ohio and California. New jobless claims in the seven days ended June 3 climbed by 28,000…

5/5 © Reuters. People wait for bus near a billboard of JD.com advertisement for the “618” shopping festival, in Beijing, China June 12, 2023. REUTERS/Tingshu Wang 2/5 By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after…

TAIPEI (Reuters) – Taiwan’s government on Thursday agreed to fully open its market to imports of Canadian beef, lifting a stumbling block as Taipei angles to sign a bilateral investment agreement with Ottawa this year. Taiwan had previously banned imports of Canadian beef slaughtered more than 30 months earlier due…

Investing.com — Most Asian currencies fell on Thursday as the Federal Reserve flagged at least two more interest rate hikes this year after keeping interest rates steady, with the Japanese yen hitting a near seven-month low ahead of a Bank of Japan meeting. The Fed on Wednesday, as the central…

TOKYO (Reuters) -Nissan Motor’s Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue other opportunities after helping to steer a turnaround plan aimed at streamlining operations, the company said on Friday. Nissan (OTC:) plans to announce a new executive line-up on June 27, coinciding…

Now that Apple AAPL has entered the virtual reality (VR) and augmented reality (AR) field with its Vision Pro headset, I think we can begin to see how the metaverses are going to permeate everyday life in the not-too-distant future. I have a feeling that Apple’s launch, rather than Meta’s…

In trading on Thursday, shares of Equity Residential were yielding above the 4% mark based on its quarterly dividend (annualized to $2.65), with the stock changing hands as low as $65.65 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable…

As millions of fathers celebrate Father’s day throughout America on June 18th, the duty of one’s nation will preclude Secretary of State Anthony Blinken, a father of two, from celebrating at home as he arrived in Beijing to manage bilateral relations between the two most important economies of the world.…

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