Tag: Business

Germany's economy is in trouble. The government's collapse and Trump's return bring more risk

WARSAW, Poland -- WARSAW, Poland (AP) — The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House...

Average rate on a 30-year mortgage in the US rises for sixth straight week

The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early...

Caroline Ellison begins 2-year sentence for role in Bankman-Fried's FTX fraud

DANBURY, Conn. -- Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday...

Slightly more Americans apply for unemployment last week; layoffs remain low

The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.The Labor Department reported Thursday...

Italy opens procedure against China's Sinochem for possible breach of Pirelli governance

Italy has opened up an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, over possible violations of restrictions placed...

50 European leaders assess how Trump will affect their fortunes and seek a common stance on Russia

BUDAPEST, Hungary -- Around 50 European leaders, including Ukrainian President Volodymyr Zelenskyy and NATO Secretary-General Mark Rutte, were reassessing their trans-Atlantic relations at...