Nov 29 U.S. economic growth for last quarter is revised up to a 5.2 percent annual rate By Paul Wiseman, Associated Press Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2 percent annual pace from July through September, the government said in an upgrade from its previous estimate. Continue reading
Nov 29 COP28 leader denies report alleging UAE wanted to seek oil deals in summit By Jon Gambrell, Malak Harb, Associated Press The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin. Continue reading
Nov 29 Deutsche Bank was keen to land a ‘whale’ of a client in Trump, documents at civil fraud trial show By Jennifer Peltz, Associated Press Deutsche Bank viewed Donald Trump as a "whale" of a client, wanted to land him and eagerly cultivated a relationship that grew from $13,000 worth of revenue to $6 million in two years. Continue reading
Nov 28 Michigan will implement ambitious clean energy mandates with goal of carbon-free electricity by 2040 By Joey Cappelletti, Associated Press The legislation signed Tuesday also sets a goal for utilities to generate 50 percent of their energy from renewable sources by 2030. That's a significant leap from the current 12 percent. Continue reading
Nov 28 Panama’s Supreme Court declares 20-year contract for Canadian copper mine unconstitutional By Kathia Martínez, Juan Zamorano, Associated Press Opponents of the Cobre Panama mine argued it would damage a forested coastal area and threaten water supplies. The announcement of the nine-member court's decision set off cheers among a crowd of people waiting outside. Continue reading
Nov 28 Germany’s economic challenges complicate budget crisis resolution, despite Chancellor’s reassurance By David McHugh, Associated Press Cuts that need to be made next year could further slow down what is already the world’s worst-performing major economy. Continue reading
Nov 27 Czech labor unions stage a day of action in protest of spending cuts, pension changes By Associated Press Labor unions have staged a day of protests and strikes across the Czech Republic to voice their opposition to the government's package of cuts and austerity measures meant to keep the ballooning deficit under control. Continue reading
Nov 27 Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow By Melanie Lidman, Kelvin Chan, Associated Press Musk has been under fire for endorsing an antisemitic conspiracy theory and for wider accusations of hatred flourishing on the platform previously known as Twitter. Continue reading
Nov 27 Consumers projected to spend around $12 billion on Cyber Monday By Haleluya Hadero, Associated Press Consumer spending for Cyber Week - the five days between Thanksgiving and Monday - provides a strong indication on how much shoppers are willing to spend during the holidays. Continue reading
Nov 27 WATCH: Biden says he’s helped lower inflation during the first meeting of his new supply chain council By Josh Boak, Associated Press President Joe Biden on Monday opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration was working to lower costs for U.S. families. Continue reading