Wholesale inflation measure rose 0.1% in July, less than expected
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates.
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Japan’s Leader, Fumio Kishida, Will Step Down
Japan’s prime minister, Fumio Kishida, intends to step down next month, bowing to pressure within his party to move on from his unpopular leadership, news outlets reported.
Japan urged to provide earthquake tips to tourists amid surge in travel cancellations
A vast swathe of southern Japan – from the islands of Okinawa in the south to the mouth of Tokyo Bay – is on heightened alert after a magnitude 7.1 earthquake struck off the east coast of Kyushu on August 8. Experts have cautioned that the tremor may have been the precursor to a far larger quake in the Nankai Trough, a 900-km offshore fault.
Stock futures are little changed ahead of key inflation report on Wednesday: Live updates
Stock futures were mostly flat on Tuesday evening as Wall Street looks to keep a strong start to the week going with a key inflation report on deck.
New Zealand food bank distributes candy made from a potentially lethal amount of methamphetamine
WELLINGTON, New Zealand (AP) — A charity working with homeless people in Auckland, New Zealand unknowingly distributed candies filled with a potentially lethal dose of methamphetamine in its food parcels after the sweets were donated by a member of the public.
Nasdaq closes up 2%, Dow adds 400 points as tame inflation data fuels market comeback
Stocks rallied Tuesday, moving closer to last month's record levels following the first of two key U.S. inflation reports this week.
Chipotle stock falls as CEO Brian Niccol leaves for Starbucks
Chipotle stock fell as much as 10% on Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks. The stock closed down 7% for the day.
Philippines investigates allegations of Chinese journalist acting as state agent
Authorities in the Philippines are investigating claims that a Manila-based foreign journalist could be a Chinese agent, an allegation that analysts say reflects an ongoing campaign targeting the Southeast Asian country through covert operations.