Economy
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Butter’s global price surge hits croissants and kitchens alike
At the Mamiche bakeries in the 9th and 10th arrondissements of Paris, their famous pains au chocolat and croissants depend…
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Drone shot down near Iraqi airport hosting US troops: Security forces
A drone was intercepted late on Thursday near Arbil airport, which houses US-led anti-terrorism troops in Iraq’s autonomous Kurdistan region,…
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Denny’s and Waffle House Remove Egg Surcharges as Prices Fall
Dennys and Waffle House have removed surcharges that the two restaurant chains added to their menus when US egg prices…
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Morocco Bets on Video Game Industry to Provide Jobs and Diversify Economy
Morocco is laying down foundations to build a homegrown gaming industry by establishing a developer hub in the capital, training…
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Average Long-Term US Mortgage Rate Falls to 6.67%, the Lowest Level Since Early April
The average rate on a 30-year US mortgage fell for the fifth straight week to its lowest level since early…
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Australian airline Qantas says hit by ‘significant’ cyberattack
Australian airline Qantas said Wednesday it was investigating a “significant” cyberattack, after hackers infiltrated a system containing sensitive data on…
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Lululemon’s Lawsuit Against Costco Highlights the Rise of Fashion ‘Dupes’
Fashion dupes, or less expensive versions of high-end clothing and other accessories, are just about everywhere these days. They’re also…
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Powell Stands By ‘Wait and See’ Stance With Trump Ramping Up Attacks on the Federal Reserve
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate…
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Lululemon Files Lawsuit Against Costco, Claims Company Is Selling ‘Dupes’ of Some of Its Products
Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling lower-priced duplicates of some of…
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Japanese Manufacturers Are Slightly More Optimistic Despite Trump Tariff Worries
Business sentiment among large Japanese manufacturers has improved slightly according to a survey by Japan’s central bank released Tuesday, although…
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