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‘Moving Backward’: In Xi’s China, Some See an Era of Total Control

A decade ago, many prominent Chinese hoped that Xi Jinping would usher in openness and reform. Today, some of them believe he has created a totalitarian state.  » mehr lesen

Bank of America’s Latest Earnings Suggest U.S. Consumers Remain Strong and Active

Loan and deposit growth at the nation’s second-largest bank suggest that a possible global economic slowdown has not yet hurt many Americans.  » mehr lesen

Finance Minister Jeremy Hunt Drops Most of U.K. Tax-Cut Plan

Jeremy Hunt also put a time limit on energy subsidies, seeking to reassure markets and reduce pressure on Prime Minister Liz Truss.  » mehr lesen

British Pound and Bond Prices Rise as Jeremy Hunt Accelerates Tax Plans

Jeremy Hunt, Britain’s new top finance official, said he was doing away with policies that had sparked weeks of turmoil in the markets.  » mehr lesen

Markets Approve of U.K.’s Reversal of Tax Cuts

The British pound and government bonds rose after the country’s new finance minister overturned nearly all the proposals by Prime Minister Liz Truss.  » mehr lesen

As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision

Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses.  » mehr lesen

Two Black Comedians Sue Police Over Search at Atlanta Airport

Eric André and Clayton English said they were two of hundreds of Black travelers who have been stopped and questioned by officers just as they were about to board flights.  » mehr lesen

Tens of Thousands March in Paris to Protest Rising Living Costs

The demonstration occurred on the heels of strikes at oil refineries, adding to a tense political atmosphere.  » mehr lesen

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