The biggest names in sports are joining forces in a new campaign to combat antisemitism. New England Patriots owner Robert Kraft and his foundation unveiled a star-studded ad titled “Time Out Against Hate” on Thursday in collaboration with Major League Baseball, Major League Soccer, the National Basketball Association, the Women’s National Basketball Association, the National … Read more
Third-quarter earnings fell 26% at Delta Air Lines, which struggled to overcome a global technology outage that led to thousands of flight cancellations, and indications that growth in air travel is beginning to slow. Delta earned $971 million, down from $1.31 billion a year earlier. Revenue rose slightly, but spending on labor, airport landing fees … Read more
Getty Images Falls in mortgage rates could come to “an abrupt halt”, according to brokers, with expectations that home loan costs may rise in the coming days. Lenders have been locked in intense competition for borrowers in recent weeks, which has led to consistent falls in the interest rates charged on new fixed mortgage deals. … Read more
Which of California’s economic initiatives droves conservatives batty the most? No question: It’s the state’s $20 minimum wage for fast food workers, which went into effect April 1. For months before the wage increase, conservative pundits and economists filled the airwaves and newspaper columns with predictions that it would produce an employment bloodbath at fast … Read more
LOS ANGELES — Homebuyers in Seattle, Silicon Valley and the nation’s other priciest markets may soon see some relief as falling mortgage rates prompt more sellers to list their properties. The number of newly listed homes for sale climbed 4.2% last month, according to data from Realtor.com. September’s jump was the biggest annual increase since … Read more
Getty Images Ratan Tata, seen here in 2016, transformed one of India’s oldest business houses into a global powerhouse Ratan Tata, the philanthropist and former chairman of Tata Group who has died aged 86, played an instrumental role in globalising and modernising one of India’s oldest business houses. His ability to take bold, audacious business … Read more
MELBOURNE, Australia — China will resume importing Australian live lobsters by the end of the year, removing the final major obstacle to bilateral trade that once cost Australian exporters more than 20 billion Australian dollars ($13 billion) a year, Australia’s prime minister said Thursday. Prime Minister Anthony Albanese made the announcement after meeting Premier Li … Read more
WASHINGTON — U.S. inflation last month likely reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encouraging economic data that has emerged in the final weeks of the presidential campaign. The consumer price index is expected to have risen just 2.3% in … Read more
VILNIUS, Lithuania — Despite economic successes, Lithuania’s center-right coalition could be replaced by the opposition Social Democrats and smaller center-left parties when voters in the Baltic country go to the polls on Sunday. Strict COVID-19 measures and a migration influx from neighboring Belarus have cast shadows over conservative Prime Minister Ingrida Šimonytė’s government, which took … Read more
VIENTIANE, Laos — Chinese Premier Li Qiang called for deeper market integration with Southeast Asia on Thursday during annual summit talks where territorial disputes in the South China Sea are likely to be high on the agenda. The 10-member Association of Southeast Asian Nations’ meeting with Li followed recent violent confrontations at sea between China … Read more