Articles

Starbucks ditched ‘cozy’ vibes for drive-thrus and combo meals. As sales slip, some customers say they miss the old days.

“I miss the dim lights and soft couches.”

GSK’s better-than-expected results overshadowed by Zantac litigation

The British pharmaceutical giant beat expectations but saw its share price drop on investors’ concerns about lawsuits surrounding its Zantac heartburn medicine

‘She has a history of unbalanced behavior’: My mother offered to buy me a $1.5 million house, but there’s a catch. Should I accept?

“There is a 50% chance I could get evicted if she’s in a bad mood.”

Oil futures rise for first time in four sessions after strike kills Hamas leader in Iran

Crude-oil futures rose Wednesday for the first time in four sessions Wednesday, as the assassination of a top Hamas leader in Iran stoked concerns over further Middle Eastern tensions.

Here are 5 private islands with houses you can buy for under $2 million

If you’ve ever dreamed of your own discreet dwelling surrounded by water, now’s your chance.

Millions more student-loan borrowers could see debt forgiven in latest Biden plan — no application needed

The Biden administration is preparing to cancel student debt for millions more borrowers — no application required — even as it faces legal challenges over other loan relief efforts.

This yield curve-fueled recession indicator from the Fed shows a 70% probability of a recession. Here’s what its author says.

The author of the Fed’s yield curve-fueled recession indicator says it shows why the central bank may soon cut interest rates.

Treasury yields steady ahead of Federal Reserve policy decision

Bond yields were little changed early Wednesday as traders awaited a monetary policy update from the Federal Reserve.

Weak yen was one reason Bank of Japan decided to hike rates, Ueda says

Bank of Japan Gov. Kazuo Ueda said Wednesday the yen’s weakness was one of the factors behind its decision to raise interest rates to 0.25%.

ASML and Tokyo Electron shares surge on reported exemption from U.S. rules

The U.S. is set to exclude over 30 key allies including Japan and the Netherlands from expanded new rules aimed at blocking China’s access to chipmaking equipment, Reuters reported

Prada shares jump as sales surge in sign of luxury-market divide

Prada shares rose in Hong Kong after the Italian luxury-fashion giant reported strong sales and revenue growth

Rio Tinto’s first-half profit rises 14%, thanks in part to higher copper prices

Mining giant Rio Tinto said its first-half profit rose by 14% and underlying earnings were up a smidgen, as increased copper production and prices helped to offset a softer result from its dominant iron-ore business.
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