Back-to-school sales to hit new record as shoppers keep up with essential buys – NRF
(Reuters) – U.S. shoppers plan to spend a record $41.5 billion during the upcoming school year, a trade group forecast…
July 2023
US Fed’s Daly says rate hikes essential to bring down prices
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to…
Nearly 100 US lawmakers urge EPA to finalize tougher vehicle emissions cuts
By David Shepardson WASHINGTON (Reuters) – A group of 95 U.S. lawmakers on Thursday urged the Biden administration to finalize…
Chinese property developer Guangzhou R&F faces bankruptcy restructure demand
HONG KONG/BEIJING (Reuters) -Two creditors of China’s Guangzhou R&F Properties have sued the property developer to seek a bankruptcy restructuring,…
Disney wants to keep ESPN, could offload some traditional TV assets – Iger
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy…
Russian shelling kills three in Ukraine, Kyiv attacked overnight
By Olena Harmash KYIV (Reuters) -Russian shelling killed three people in Ukraine on Thursday and four were hurt in Kyiv…
Hybrid-work trend may wipe out $800 billion from office property values by 2030 – McKinsey study
(Reuters) – A shift to remote working is likely to wipe off $800 billion from the value of office buildings…
US Secret Service ends White House cocaine probe, no video, fingerprints, DNA available
WASHINGTON (Reuters) – The U.S. Secret Service said on Thursday it had concluded its investigation into cocaine found at the…
Top US sanctions architect to lead Treasury’s financial crimes team -Yellen
WASHINGTON (Reuters) – Andrea Gacki, a veteran U.S. Treasury official who helped design Washington’s Russia sanctions strategy, has been appointed…
Pittsburgh jury finds synagogue attacker eligible for death penalty
By Brendan O’Brien (Reuters) -A federal jury on Thursday decided that Robert Bowers was eligible for the death penalty for…