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Key Takeaways U.S. retail sales surprised economists by falling 0.9% in January, much steeper than anticipated, as economists said some consumers may have taken the month off after splurging during the holiday shopping season. Car sales experienced the steepest decline, but sales of sporting goods, electronics and furniture all dropped in January after recent strong
KEY TAKEAWAYS Shares in Airbnb, which posted higher-than-estimated earnings Thursday, are surging in morning trading Friday, as the company invoked Amazon’s do-everything retail approach with plans to move well beyond just being a vacation rental app. Airbnb,, which swung to a bigger-than-expected quarterly profit, said Thursday that is it investing between $200 million and $250
Skip next section China’s Wang Yi asks US to work ‘together,’ but stresses preparedness to fight back February 14, 2025 China’s Wang Yi asks US to work ‘together,’ but stresses preparedness to fight back China’s Foreign Minister Wang Yi directly addressed his country’s shaky relationship with the US, which has become even more tense since
The EU’s ticking debt bomb — and why it matters for its next budget Repayment of the EU’s €300 billion joint borrowing hangs like a cloud over the European Commission’s budget brainstorm. Feb 11 5 mins read Spain pushes to double EU budget to over €2 trillion Madrid wants governments to be jointly liable for
Russia is preparing to station up to 150,000 troops in Belarus this year that could be used against NATO countries, Ukrainian President Volodymyr Zelenskyy said Friday in Munich. “This year, Russia will prepare 15 divisions for training and strengthening the situation in the Belarusian direction. It will be 100,000-150,000 people,” Zelenskyy said. “And I am
The suspect apprehended in the car ramming incident in Germany’ssouthern city of Munich on Thursday had an “Islamist motive,” German authorities said on Friday. Munich’s prosecutor nevertheless added that there was no evidence that the incident was tied to terrorist organizations such as the so-called “Islamic State.” Suspect admits to intentional car ramming The 24-year-old Afghan
Hamas made surveillance troops watch torture videos of male hostages, says mother The Times of Israel Freed Israeli hostages tell families of torture while held by Hamas The Washington Post Hostages freed from Gaza painfully piece together a changed world The Associated Press Naama Levy’s father speaks out: ‘There is anger and a sense of betrayal over what
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