Tag: Business

Is paying college athletes charity? Even in the confusing NIL era, it looks increasingly unlikely

NEW YORK -- Three years into the new age of college sports, where athletes are allowed to profit from their successes through name,...

China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'

Chinese President Xi Jinping called for further cooperation with Italy on Monday at a meeting with Italian Prime Minister Giorgia Meloni, saying the...

McDonald's same-store sales fall for the 1st time since pandemic, profit slides 12%

McDonald's posted weak sales in the second quarter as increasingly value-conscious consumers in the U.S., China and paid fewer visits to restaurants. Sales...

Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?

WASHINGTON -- Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century...

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetings

Asian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally...

UK's new Treasury chief says previous government 'covered up' financial turmoil ahead of election

LONDON -- LONDON (AP) — Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s...