More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations
Economy
Economy
Stock market sinks as AI and interest rate worries grip investors
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the
Economy
Bargain hunters drive Walmart sales and outlook higher
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season.
Economy
U.S. added 119,000 jobs in September, but there are signs of a weakening labor market
The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy
Economy
Bitcoin and other crypto assets sink in flight from risk
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried
Investing
Chilean Peso rallies as right-wing candidate gains in presidential vote
Chile’s peso and equities firmed on Monday, while local bond yields edged lower, as markets interpreted the first-round presidential vote as opening the
Investing
USD/ZAR: South African rand on edge as experts remain optimistic
The South African rand remained under pressure this week, even after the recent credit rating upgrade and the growing optimism about the country.
Investing
Kremlin increases domestic gold engagement for national fund
Russia’s central bank announced Wednesday that its engagement with the domestic gold market—both buying and selling for the National Wealth Fund (NWF)—has been
Investing
USD/JP forecast: Japanese yen targets 160 as BoJ official calls for rate hike
The Japanese yen continued its recent crash on Thursday as its run as one of the worst-performing currencies accelerated. The USD/JPY exchange rate
Investing
USD/JPY forecast as Japan unveils a new $135 billion stimulus
The Japanese yen continued its freefall after Japan approved a bigger-than-expected stimulus and after a report showed that inflation remained stubbornly high in