Consumer prices jump 0.6% in March, biggest gain since 2012
WASHINGTON — U.S. consumer prices increased a sharp 0.6% in March, the biggest uptick since 2012, while inflation over the past year jumped 2.6%. The…
AP Wire
Grab to list in US via $40 bln merger with Altimeter Growth
HONG KONG — Southeast Asia’s largest ride-hailing company, Grab Holdings, said today that it plans to merge with U.S.-based Altimeter Growth Capital in a deal…
UK economy grows 0.4% amid confidence from vaccine rollout
LONDON — The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines boosted…
Poll: 15% of Americans worse off a year into pandemic
While most Americans have weathered the pandemic financially, about 38 million say they are worse off now than before the outbreak began in the U.S….
European lawmakers, executives urge US to halve emissions
BERLIN — Dozens of European lawmakers, business executives and union leaders today urged the United States to cut its greenhouse gas emissions by 50% in…
China’s March exports rise 30.6% as global demand revives
BEIJING — China’s exports rose 30.6% over a year ago in March as global consumer demand strengthened and traders watched for signs of what President…
Drivers wanted: Record demand at Uber as vaccinations rise
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery. The San Francisco ride-hailing company…
U.S. stocks open slightly lower, pulling back from record high
NEW YORK — Stocks were moving slightly lower in early trading today after the market hit record highs last week. Investors are continuing to focus…
Microsoft buying speech recognition firm Nuance in $16 billion deal
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. Microsoft will pay $56.00 per share…
Chinese regulator orders Ant Group to conduct major overhaul
HONG KONG — Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to…