A.P. Moller-Maersk says that based on progress made in the Port of Baltimore collapsed bridge clean-up, it may be able to set a timeline on returning to the port in the next week or so, and resumption of network services at the Baltimore port for the second-largest global ocean carrier could come by the end … Read more
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more
Nicolette Nelson was running late for her return flight to Fairbanks as she sprinted towards her gate at Cincinnati/Northern Kentucky International Airport (CVG). Overcome by a medical issue, she didn’t make it to her gate and wound up spending the night in a Cincinnati hospital. By the next day, she had recovered and awaited her flight home, … Read more
People walk through the newly opened Grand Central Madison train terminal in Manhattan on February 27, 2023 in New York City. Spencer Platt | Getty Images The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain … Read more
Signage at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024. Allison Joyce | Bloomberg | Getty Images The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious … Read more
A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from the exterior of a building in the Sisli district of Istanbul, Turkey, on Monday, Aug. 29, 2022. Bloomberg | Bloomberg | Getty Images Turkey’s inflation accelerated to 69.8% annually for the month of … Read more
A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates. Dan Kitwood | Getty Images DUBAI — Abu Dhabi artificial intelligence firm Presight bought a 51% stake in AIQ, a joint technology venture between the Abu Dhabi National Oil Company (ADNOC) and G42, … Read more
People walk in the rain over London Bridge in central London. Picture date: Tuesday March 12, 2024. Lucy North – Pa Images | Pa Images | Getty Images The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to new forecasts from the … Read more
The BlackRock logo is displayed at the company’s headquarters in New York City on Nov. 14, 2022. Leonardo Munoz | Getty Images Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund. The announcement … Read more
A job seeker attends a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024. The Department of Labor is scheduled to release initial jobless claims figures on January 11. Eric Thayer | Bloomberg | Getty Images Private payrolls increased at a faster than expected pace in April, indicating there … Read more
