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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.…

One of my favorite financial planning clients represents a story that is part success, part sadness. Betty, we’ll call her, married young and became a widow not long after. She never remarried, worked as a legal secretary, and lived in a neighborhood in Baltimore that could only be described as…

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