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CVS polishes off deal to buy former Rite Aid stores, prescription files16:18 CVS has finished buying customer prescription files from hundreds of closed Rite Aid drugstores and is now running 63 of the defunct chain’s locations Trump officials back firm in fight over California offshore oil drilling after huge spill14:08 One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst Government shutdown delays release of critically important inflation figures14:08 The government shutdown is delaying another major economic report, leaving policymakers at the Federal Reserve with a cloudier picture even as the economy enters a challenging phase of stubbornly persistent inflation and a sharp slowdown in hiring Ukrainian officials meet with US weapons manufacturers before Trump-Zelenskyy talks13:36 A Ukrainian government delegation has met with major American weapons manufacturers during a U.S. visit Federal workers endure financial strain and fear layoffs as the government shutdown drags on13:36 Federal workers furloughed or working without pay are feeling the financial squeeze and fear being swept up in the Trump administration's layoffs Stellantis says it will invest $13B to expand its US operations, adding more than 5,000 jobs13:36 Stellantis plans to invest $13 billion over the next four years to expand its manufacturing capacity in the United States IMF more upbeat about US growth than just months ago, but outlook is dimmer than last year13:36 The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those ... European Commission fines Gucci, Chloé and Loewe $183 million for price interference12:31 The European Commission has fined Gucci, Chloé, and Loewe over 157 million euros for anti-competitive pricing practices Pakistan and IMF reach preliminary deal to release $1.2 billion from bailout package11:58 Pakistan and the International Monetary Fund have reached a staff-level agreement for the release of $1.2 billion from the bailout package approved last year World shares swing higher after a wobbly day on Wall Street9:49 Shares have swung higher in Europe and Asia as hopes for a U.S. interest rate cut help to offset worries over simmering trade tensions between Washington and Beijing Chinese airlines protest US plan to ban their flights over Russian airspace7:42 China’s biggest state-owned air carriers are protesting a U.S. proposal to bar them from flying over Russia when traveling to or from the U.S. The U.S. side has said such flights give Chinese airlines an unfair cost advantage over American carriers, wh... Social Security cost-of-living increase announcement delayed by government shutdown7:42 The ongoing government shutdown has delayed the announcement of the annual Social Security cost-of-living increase |