LONDON (AP) — British Prime Minister Boris Johnson and senior ministers held inconclusive talks Thursday with energy companies amid mounting pressure to help residents cope with soaring gas and electricity prices. Johnson, who is in his final weeks as prime minister, joined Treasury chief Nadhim Zahawi and Business Secretary Kwasi Kwarteng at the meeting with…
NEW YORK (AP) — Gas prices have fallen from the record highs they reached earlier this summer, but they’re still much higher than a year ago. And with inflation driving up the cost of pretty much everything else, finding the funds to cover your commute may be increasingly tricky. “Being able to get to work…
NEW YORK (AP) — Gas prices are falling but still higher than they were a year ago. And inflation has made most everything else more expensive. If you’re looking to save money on your commute, here are some tips: IF YOU HAVE A CAR: MAKE A DRIVING STRATEGY AAA recommends avoiding traffic and adjusting your…
(Reuters) – BlackRock Inc, the world’s biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website. The trust will track the performance of bitcoin, offering direct exposure to the price of the digital currency, BlackRock said. “Despite the steep downturn in…
CHICAGO (AP) — McDonald’s will start reopening some of its restaurants in Ukraine in the coming months, a symbol of the war-torn country’s return to some sense of normalcy and a show of support after the American fast-food chain pulled out of Russia. The burger giant closed its Ukrainian restaurants after Russia’s invasion nearly six…
WASHINGTON (AP) — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month. Thursday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches…
COPENHAGEN, Denmark (AP) — Ukrainian President Volodymyr Zelenskyy called on Western nations Thursday to provide more money to help Ukraine’s military keep fighting nearly 5½ months after Russia invaded its neighbor. “The sooner we stop Russia, the sooner we can feel safe,” Zelenskyy said while addressing defense leaders at a Denmark conference aimed at strengthening…
(Reuters) – U.S. stock index futures crawled higher on Thursday, adding to strong gains from the previous session on first signs of cooling inflation, with investors looking for more evidence from data on producer prices and the labor market. Following a softer-than-expected rise in consumer prices on Wednesday, investors slashed their bets of another super-sized…
(Reuters) – Canada Goose Holdings Inc on Thursday beat Wall Street estimates for quarterly revenue, as affluent consumers undeterred by decades-high inflation boosted sales of its luxury parkas and jackets. The company’s revenue rose to C$69.9 million ($54.75 million) in the first quarter ended July 3, from C$56.3 million, a year earlier. Analysts had expected…
LONDON (Reuters) -Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals from the leading candidate to be the country’s next prime minister. The Conservative government proposed a welter of reforms last month in a bill to…
