Starbucks is struggling to grow sales in China. Here's why
Starbucks is caught in the middle of a price war in China. The coffee giant's same-store sales in China declined 8% in fiscal 2024. But just a decade...
Read MoreThe Federal Reserve's favorite recession indicator is flashing a danger sign again
An ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market. The 10-year...
Read MoreVladimir Putin's war with Ukraine is boosting Russia's economy, IMF says
The International Monetary Fund raised its 2024 forecast for Russia's economy. It now expects the economy to expand by 2.6% this year. High military...
Read MoreChild therapist: Parents who raise 'mentally strong' and 'deep critical thinkers' do 7 things early on
It has always been important to raise resilient kids, but today, building mental strength in children is more crucial than ever. As a child therapist...
Read MoreVietnam raises GDP growth target to at least 8%, approves China rail link
Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and also voted in favor of major infrastructure...
Read MoreGood Inflation News Helps Fuel Stock Rally; Dow Index Climbs 15
NEW YORK — The stock market kept its early 1985 rally in high gear Wednesday with a broad advance that carried some leading indexes to record...
Read MoreASML reports boost in full-year sales as it shares outlook for 2025
ASML's robust results come at a time when the semiconductor and artificial intelligence (AI) market is reeling under the shock of new entrant...
Read MoreThe tax changes Reeves could be pushed into making this spring
Experts say the Chancellor may have no choice but to put up taxes to avoid breaking her fiscal rules. Here's what she might do
Read MoreUK Chancellor looks to third Heathrow Airport runway to boost growth
Rachel Reeves' support for a third runway came in a wide-ranging speech on boosting UK growth rates, which have been historically low since the 2008...
Read MorePayPal lays off 2,500 workers one week after CEO announces 'new chapter'
PayPal is slashing 9% of its workforce — about 2,500 jobs. The CEO said cuts will "right-size our business." PayPal's stock has slid more than 20%...
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