U.S. President Joe Biden and Chinese President Xi Jinping agreed to resume high-level military communication when they met in person Wednesday for the first time in a year in San Francisco on the sidelines of the Asia-Pacific Economic Cooperation conference.Brendan Smialowski | Afp | Getty ImagesBEIJING — U.S. President Joe...
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Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy and giving a potential green light to the Federal Reserve to stop raising interest rates.The consumer price index, which measures a broad basket of commonly...
A UNESCO World Heritage site with thousands of people living inside it
I strolled through the tawny labyrinth-like halls — past quirky cafes, curious tourists, men on motorbikes carrying groceries to their homes, and veiled women ringing temple bells.It's life as usual in Jaisalmer Fort, a UNESCO World Heritage Site that thousands of people call home.Jaisalmer Fort, a UNESCO World Heritage Site...
Stellantis offers buyouts to roughly half of U.S. salaried workers
Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023.David Dee Delgado | ReutersDETROIT — Chrysler parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs for...
Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs.Source: RaytheonAs the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account.Suna began a video asking his more than 200,000 followers "if you're cool with profiting off war,"...