The euro area faces a risk of entrenched inflation that the European Central Bank is determined to combat by keeping interest rates high for a sustained period, Governing Council member Francois Villeroy de Galhau said.
Defense Secretary Lloyd Austin said the US won’t stop until it finds out out how a trove of classified documents on Ukraine, Israel and other nations appeared online, in his first public remarks about the embarrassing leak.
Manhattan District Attorney Alvin Bragg sued to block US Representative Jim Jordan’s investigation of the criminal case against former President Donald Trump, calling it a “brazen and unconstitutional attack” on a local prosecution.
Carbon-neutral buildings and tree-lined streets are at the heart of plans for a brand new city in a pocket of Australia where temperatures can be among the hottest on earth in the summer and climate change looms as a major threat.
The US and the Philippines kicked off the largest version of their flagship military exercise in more than 30 years on Tuesday, a high-profile display of their renewed alliance that includes live-fire training targeting a decommissioned vessel near the South China Sea.
Rishi Sunak has hired a top former Morgan Stanley executive as his new business adviser, as the UK premier seeks to spur economic growth ahead of an expected election next autumn.
Shares of WW International, previously known as WeightWatchers, soared 59% Tuesday in its largest move since March after it gained a new Wall Street bull, following the closing of its acquisition of a telehealth provider that will help it access the growing market for new obesity drugs.
Walmart Inc. is closing four stores in Chicago, halving its footprint in the third-largest US city after years of mounting losses.
Job cuts at Amazon.com Inc.’s Twitch division are raising concerns among former employees and content monitors about the popular livestreaming site’s ability to police abusive or illegal behavior — issues that have plagued the business since its inception.
The Manhattan space that housed billionaire Thomas H. Lee’s family office is now being marketed for sublease.
