Economy

U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates. Employers posted 9.6 million vacancies in March, down from nearly 10 million…
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U.S. financial regulators have seized troubled First Republic Bank and sold its assets to JPMorgan Chase Bank in what is the third major American bank failure in two months.  In a statement early Monday, the Federal Deposit Insurance…
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U.S. regulators are trying to clinch a sale of First Republic Bank over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely to be the third major U.S. bank to fail in two months. Citizens…
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A restaurant on the outskirts of Nairobi skimps on the size of its chapatis — a flaky, chewy Kenyan flatbread — to save on cooking oil. Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken from their diets because…
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Florida Governor Ron DeSantis' very public feud with the Walt Disney Co. entered a new phase this week, when the entertainment conglomerate filed a lawsuit claiming that the governor and his administration violated the company's First…
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The Federal Reserve blamed last month's collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and it said the industry needs stricter policing on multiple fronts to prevent…
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With the peak tourism season setting in, Greece is bracing for a record number of arrivals and is welcoming back Chinese tourists. The warm feelings follow a period of discontent due to COVID-19 pandemic restrictions placed on travelers…
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German government officials and labor unions have reached a pay deal for more than 2.5 million public-sector workers, ending a lengthy dispute and heading off the possibility of disruptive all-out strikes. The ver.di union had pressed for…
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This time it's for real.  Many of Twitter's high-profile users are losing the blue check marks that helped verify their identities and distinguish them from impostors on the Elon Musk-owned social media platform.  After several false…
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Washington is not seeking to decouple the American economy from China's, U.S. Trade Representative Katherine Tai said Thursday while on a visit to Tokyo. Tai, who is on her fourth visit to Japan after being appointed the top U.S. trade…
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