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Andrew Moran

Business

Half of Typical US Familys Paycheck Swallowed by Housing, Childcare

Typical families in the United States spend half of their income on housing and childcare, according to a report released on Aug. 17 from the real estate platform Redfin.Based on data from Redfin and childcare marketplace Winnie, the typical working family purchasing a home...
Business

Another OpenAI Executive Has Left the Company Amid IPO Countdown

Artificial intelligence (AI) giant OpenAI said its chief revenue officer has left the company, joining a growing list of executives who have stepped down.Denise Dresser, the now-former chief revenue officer, confirmed her exit in an Aug. 14 post on LinkedIn.“I wanted to let you...
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Business

US Consumer Sentiment Sinks in August After 2-Month Rebound: UMich

Consumers were less confident about the U.S. economy in August, according to the University...
Business

Shoppers Close Their Wallets in July as US Retail Sales Unexpectedly Fall

U.S. consumers closed their wallets last month as retail sales unexpectedly declined for the...
Business

US Sells 30-Year Bonds at Highest Interest Rate Since 2001

The U.S. government sold 30‑year bonds at their highest interest rate in a generation,...
Business

US Unemployment Claims Remained Stable to Kick Off August

The number of Americans filing applications for unemployment benefits remained stable at the start...
Business

Cooling Energy, Food Costs Keep US Wholesale Inflation Unchanged in July

U.S. producer inflation was unchanged last month as easing energy and food prices helped...
Business

US Natural Gas Production Poised for Record High in 2026, EIA Forecasts

The United States is on track for record natural gas production this year, the...
Business

Paramount Mulling California Exodus Amid Antitrust Scrutiny

Paramount Skydance could be the next major company to leave California as the media...
Business

US Annual Inflation Rate Stabilizes in July, Slowing to 3.4 Percent

Stabilizing energy prices helped cool off inflation pressures for the second straight month, new...
Business

US Household Debt Posts 1st Quarterly Decline in 6 Years: New York Fed

Total U.S. household debt declined in the second quarter for the first time in...
Business

Small Businesses Want to Hire, but They Cant Find Workers: NFIB

U.S. small businesses plan to bolster their hiring efforts, but many entrepreneurs struggle to...
Business

Shein Blames End of Exemptions for Low-Cost Imports for US Sales Slump

Shein, the global fast-fashion bargain behemoth, said the removal of a key trade law...
Business

S&P 500 Earnings Blow Past 2nd Quarter Expectations: FactSet

The second-quarter earnings season for S&P 500 companies is almost finished, and a new...
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Africa News

Treasurer Rejects NAB Report Suggesting Rents Could Soar by up to 30 Percent

An aerial view of houses being built at a brand new housing development in...
Africa News

Major Supermarket Explores Facial Recognition Technology as Retail Interest Grows

Supermarket giant Coles has reportedly tested facial recognition technology, although the companyhas remained tight-lipped...
Africa News

Belgian Wildfire Approaches Germany as Peat Blaze Threatens to Burn for Months

Rain and cooler air on Aug. 17 brought the first measure of relief to...
Asia & Pacific

2 Students Dead in Philippines School Shooting, Including Gunman, Officials Say

People stand outside Ateneo de Zamboanga University after a shooting that killed two people,...