More U.S. Households Are Struggling Financially, Analysis Finds
Inflation and a pullback in government assistance have resulted in more people having trouble paying their bills, a nonprofit found in its annual report.
International
Business and economy news from other publishers, in Malaysia, the region and the world.
China Stockpiled Oil, and Now It Could Dominate the Energy Landscape
The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
British Steel plan lacks credibility, MPs say
A committee report says the government has not set out how British Steel will become profitable.
Economy minister accuses SoS of 'mischief making' in social media exchange
Dr Caoimhe Archibald posted on X about a new one-off electricity bill reduction, which Sir Chris Bryant reposted saying the UK government funded it.
The Takaichi Fallout: The BOJ's reluctant hike
The BOJ just raised interest rates by 25 bps to 1.25% — a 31-year high. With household spending down for eight straight months, raising rates isn't a simple choice. Swipe through the graphics to see why the Bank of Japan is running out of good options.
Warren Buffett steps down as chairman of Berkshire Hathaway: 'Father Time always wins'
Buffett's son Howard will replace him as chairman, as dictated by a long-standing succession plan, Berkshire said.
Stocks making the biggest moves premarket: Netflix, Nucor, Xenon Pharmaceuticals & more
These are the stocks posting the largest moves premarket.
We bought our £242,000 home without a deposit - here's how
The share of UK mortgages with smaller deposits is the highest it's been since 2008. The BBC spoke to borrowers about how they manage the risks.
The Takaichi Fallout: Japan's rate hike can't fix what politics broke
On Friday, the Bank of Japan delivered a long-anticipated yet highly reluctant interest rate hike, pushing its policy rate to 1.25%, the highest level in 31 years, in a difficult move aimed at countering the persistent downward pressure on the yen and stabilizing the country's exchange rate.
Academic: Higher rates could widen US wealth divide
Academic: Higher rates could widen US wealth divide
