Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight monthsTag: Reuters
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
The Teamsters said its strikes against unfair labor practices were expanding, with Amazon workers across several U.S. states joining the union.
Read More Amazon workers to join Teamsters’ strikes against unfair labor practices in USUS business activity edges lower; pricing power ebbs further
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers.
Read More US business activity edges lower; pricing power ebbs furtherTrump Says He Would Consider Asking Elon Musk To Join His CabinetÂ
Former President Donald Trump said that he would consider asking X owner Elon Musk if he wanted a position in his Cabinet if he won re-election in the 2024 presidential race.
Read More Trump Says He Would Consider Asking Elon Musk To Join His CabinetÂFed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters pollGoogle says it is deactivating Russia-based AdSense accounts
Google is deactivating AdSense accounts in Russia, saying that it would no longer be able to make payments to users of its advertising service in the country.
Read More Google says it is deactivating Russia-based AdSense accounts