Tag: general news
Canadian rail union says it has filed lawsuits challenging back-to-work orders
The Teamsters union that represents workers at both of Canada's largest freight railroads has filed the lawsuits it promised challenging the orders that...
Japan's defense ministry seeks record budget as it faces growing threat from China
TOKYO -- Japan’s Defense Ministry on Friday sought a record 8.5 trillion yen ($59 billion) budget for the next year to fortify its...
Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON -- An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that...
Wall Street rally helped boost gains for 401(k) plan savers in the first half of 2024
LOS ANGELES -- Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts.The average 401(k)...
Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany -- Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door...
Asian shares trade higher after mixed trading on Wall Street
TOKYO -- Asian shares mostly rose Friday as markets continued to be moderately optimistic about the prospects of technology companies and the relative...