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US economy grew 2.2% in the second quarter, govt says, upgrading previous estimate5:45 The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong Factory activity returns to expansion in a positive sign for China’s economy5:45 A Chinese government survey shows the country's factory activity has expanded for the first time since June, signaling a positive shift as officials aim to boost economic growth Iranians face soaring prices for medicine as the US blockade and sanctions hit hard5:45 Medication prices are soaring in Iran and some treatments have become hard to find, leaving patients and their families scrambling as a U.S. blockade and stepped-up sanctions squeeze the country’s pharmaceuticals industry Military academies won't give tenure to civilian faculty, Hegseth says5:45 The Defense Department has decided to stop appointing civilians as tenured faculty at U.S. military academies Americans growing more pessimistic about the economy as prices for gas, other items remain elevated5:45 Americans’ confidence in the economy deteriorated this month as prices remain elevated and wages stagnate amid the ongoing Iran war U.S. job openings slipped to 7.1 million in August but labor market remains sturdy5:45 U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran G20 trade talks yield little progress while tensions simmer2:01 G20 trade ministers have failed to agree on curbing the flooding of global markets with overproduced, underpriced goods Federal report says pilots weren't warned about wind before Amazon cargo plane crashed in Miami23:21 An air traffic controller failed to warn pilots of an Amazon cargo plane about the potential for strong tail winds before it crashed in Miami, killing five people Puerto Rico faces record electric rate as demand and costs increase19:06 A record electric rate has gone into effect in Puerto Rico as outages persist and the U.S. territory’s power grid continues to crumble Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28%19:06 The average long-term U.S. mortgage rate remained above 7% this week, reaching its highest level in nearly three years Zimbabwean tycoon killed in helicopter crash had cultivated presidents as friends17:30 Forensic experts are working to identify bodies from a helicopter crash that killed Zimbabwean businessman Wicknell Chivayo, his wife, and others Pandora opens $150 million Vietnam jewelry factory powered by renewable energy13:12 Pandora has opened the world’s largest fine-jewelry crafting facility in Vietnam, powered entirely by renewable electricity and using 100% recycled gold and silver Asian shares mostly rise amid market optimism about AI, despite Iran worries11:03 Asian shares are mostly rising amid investor interest in technology-related issues, despite ongoing worries about the war in Iran Vietnam's Ho Chi Minh City is learning to live with floods but climate change has raised the stakes9:57 Ho Chi Minh City has learned to live with flooding as high tides from the Saigon River and smaller waterways regularly inundate roads and businesses |
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