business news

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…

China’s property woes and U.S. sanctions have hit some cities hard

BEIJING — China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from…

Harris says she opposes U.S. Steel’s sale to a Japanese firm during campaign event

Vice President Kamala Harris used a joint campaign appearance with President Joe Biden in the critical swing state of Pennsylvania on Monday to say…

Netanyahu pushes back against new pressure over Gaza and hostages: ‘No one will preach to me’

Israeli Prime Minister Benjamin Netanyahu on Monday pushed back against a new wave of pressure to reach a cease-fire deal…

UK suspends some arms export licenses to Israel

LONDON — British Foreign Minister David Lammy said Monday the country would immediately suspend some arms export licenses to Israel…

American demand for international trips drives ‘travel momentum’ and overall spending

Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips,…

How Tim Walz made Minnesota a ‘roadmap’ for progressive economic policy

To understand the economic vision of the Harris-Walz presidential ticket, Minnesotans say just look at the North Star State. “I’ve…

Germany’s fragile coalition dealt fresh blow as far right lands first state win since World War II

The ruling coalition in Berlin is likely to struggle onward until a nationwide vote next year, according to political commentators,…

Nationwide strikes erupt in Israel as hostage deaths kindle pressure for cease-fire deal

Protests have spilled into Israel’s streets, as the Jewish state braces for a nationwide strike amid mounting pressure on the…

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates

While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk…