
US inflation and private consumption fell in December
WASHINGTON — The Federal Reserve’s preferred inflation gauge eased further in December and consumer spending fell — the latest evidence that the Fed’s series of rate hikes…

South Korea expands restrictions on travelers from China
SEOUL, South Korea — South Korea says it will continue to restrict the entry of short-term travelers from China until the end of February due to concerns…

Chipotle looks to hire 15,000 amid continuing labor shortages
Restaurants begin the new year with a recurring problem: labor shortages. Chipotle said Thursday it is looking to hire 15,000 people in North America to ensure its…

Colorado baker loses appeal over transgender birthday cake
DENVER — The Colorado baker who won a partial U.S. Supreme Court victory after refusing to make a gay couple’s wedding cake because of his Christian faith…

Dow and S&P 500 Updates: Stocks Respond to GDP
Looking at all the data that came out Thursday morning, it’s tempting to conclude that the US economy is still in pretty good shape. Not so fast,…

Adani Group threatens legal action against Hindenburg Research
India-based conglomerate Adani Group is preparing for a potential legal war with Hindenburg Research after the influential short-seller accused the company’s founder Gautam Adani of overseeing “the…

Short seller accuses Gautam Adani of ‘biggest fraud in company history’
Gautam Adani, the world’s third-richest man, is running “the biggest fraud in corporate history” through his India-based conglomerate Adani Group, according to scathing claims published this week…

Murdoch pulls the plug on possible News Corp., Fox merger
NEW YORK — Rupert Murdoch has pulled the plug on a proposal to merge his News Corp. and Fox Corp. again, saying the merger doesn’t come at…