As supply chains unclog, consumers enjoy (tentative) relief
Back in January, 109 container ships waited off the California coast to unload cargo in Los Angeles and Long Beach,…
Headlines
U.S. Blacklists Companies For Aiding Russian Military
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Wednesday added 24 companies and other entities to an export control…
Juul reaches settlements covering thousands of lawsuits
Embattled vaping company Juul Labs has reached settlements covering thousands of lawsuits over its e-cigarettes, which in recent years became…
J.P.Morgan Sees ‘milder’ Euro Zone Economic Contraction In Fourth Quarter
(Reuters) – J.P.Morgan on Wednesday forecast a “milder” fourth-quarter contraction in the euro zone after strong resilience of the household…
U.S. Third-quarter Productivity Revised Higher; Labor Costs Still Elevated
WASHINGTON (Reuters) – U.S. worker productivity rebounded a bit more than initially thought in the third quarter, but the trend…
Oil Steadies After Falling Close To 2022 Lows
By Alex Lawler LONDON (Reuters) – Oil edged higher on Wednesday after Brent crude earlier fell close to its lowest…
China’s Reported Gold Reserves Rise For First Time Since 2019
(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to…
EU takes China to WTO over Lithuania trade dispute
BRUSSELS (AP) — The European Union announced Wednesday that it has begun legal action at the World Trade Organization against…
Microsoft strikes 10-year deal with Nintendo on Call of Duty
LONDON (AP) — Microsoft agreed Wednesday to make the hit video game Call of Duty available on Nintendo for 10…
Making ‘indie’ video games gets trickier as industry evolves
Video game developer Ben Esposito’s first big break was a quirky game called Donut County starring a raccoon who dropped…