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By Lynn Song Weak confidence continued to drag growth China saw a mixed bag in terms of data releases over the past month, but most indicators came in weaker than market forecasts. The key theme for the month was both the private sector and households remaining cautious. Credit data showed…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel’s military freed four hostages in Gaza on Saturday after a daylight operation in Nuseirat in the centre of the enclave that Hamas said killed dozens of Palestinians.The rescue of one woman…
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Theodore Roosevelt carefully crafted his image of rugged manliness. The wealthy heir became a Badlands cowboy and a volunteer Rough Rider and war hero. A populist and a reformer…
By Jonathan Stempel NEW YORK (Reuters) -A judge has rejected Abbott Laboratories (NYSE:)’ effort to dismiss a New York City grandmother’s lawsuit claiming it misled consumers into believing its PediaSure Grow & Gain nutrition drinks were “clinically proven” to help children grow taller. U.S. District Judge Paul Engelmayer in Manhattan…
Investing.com — Oil prices settled lower Wednesday, following an unexpected build in U.S. crude inventories, but snapped a three-month losing streak as a cocktail of geopolitical tensions kept global crude supply risks elevated. By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $75.85 a barrel, though was up…
Investing.com– Most Asian currencies advanced slightly on Thursday as the dollar and Treasury yields pulled further away from recent peaks, although persistent signs of deflation in China kept sentiment subdued. Markets were now awaiting more cues on U.S. interest rates after largely dialing back expectations for early rate cuts by…
By Lananh Nguyen (Reuters) -Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday. Solomon’s pay comprises a $2 million base salary, unchanged from the previous year, and a bonus of $8.7…
Seven decades after he became addicted to Superman, Gary Prebula’s collection of graphic novels and comics has a permanent home at the University of Pennsylvania library. It took a team effort. By Kelly Phillips Erb, Forbes Staff Gary Prebula blames his mother for his seven-decade-long comic book obsession. He was…
Most millennials, desperate to get on the housing ladder, would consider accepting a mortgage rate that’s higher than the national average of below 7%, a recent survey said. The post-pandemic housing market has been defined by runaway mortgage rates and surging home prices, according to the Real Estate Witch survey. Yet, 78%…
A majority of Americans feel financial regret as personal debt soars to new highs, a recent survey said. Roughly 78% said they had a financial regret, with 21% saying they most lamented “charging up too much credit card debt,” according to the Debt.com survey. Millennials regret their credit debt the most,…