There’s no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday. In an interview on CNBC’s “Squawk Box,” the retail chief disputed campaign talking…
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Business
U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy
by adminU.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been…
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Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a September cut had grown increasingly probable, minutes released Wednesday showed.…
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DETROIT — Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday. Instead,…
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Business
Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
by adminThe former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers…
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World News
Brazil will restrict entry of some Asian migrants, aiming to curb flows to US and Canada
by adminBrazil will begin imposing restrictions on the entry of some foreign citizens from Asia who are seeking refuge in the South American nation as a means to migrate to the United…
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World News
Thousands fleeing parts of southern Gaza after Israeli military reissues evacuation order
by adminPeople were walking or on donkey carts as they left areas east of Deir al-Balah. Some were in private cars, loaded with their belongings, including mattresses and blankets, water and…
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World News
Man arrested in Pakistan for alleged role in spreading disinformation linked to UK riots
by adminPakistan’s Federal Investigation Authority arrested a man on Tuesday who it claimed had spread disinformation thought to have enflamed the recent unrest in the UK. According to the FIA statement the…
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World News
Russia’s Putin and China’s No. 2 official praise deepening ties as Ukraine war grinds on
by adminRussian President Vladimir Putin on Wednesday hailed “flourishing” trade ties with China during a meeting with a top Chinese official in Moscow as the two countries bolster their partnership in…
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World News
African health officials hopeful mpox shots will start within days as WHO says outbreak is ‘not the new Covid’
by adminAfrican nations could begin vaccinations against mpox within days, according to the continent’s top public health agency, as a World Health Organization official said the spread of a deadlier strain…