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US wholesale inflation fell last month on lower food costs

International News Desk CT - 0
WASHINGTON -- Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures...

A 2nd wave of layoffs at Meta; 10,000 jobs are cut

International News Desk CT - 0
Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of...

US turns to new ways to punish Russian oligarchs for the war

International News Desk CT - 0
WASHINGTON -- The U.S. has begun an aggressive new push to inflict pain on Russia’s economy and specifically its oligarchs with the intent of...

Asian shares mostly sink on jitters after US bank failure

International News Desk CT - 0
TOKYO -- Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest United States bank failure in...

Yellen says no federal bailout for Silicon Valley Bank

International News Desk CT - 0
WILMINGTON, Del. -- Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to...

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