US inflation picks up more than expected in December

Both retailers beat expectations for the key festive period as overall food prices remain high.

You may have heard during the last few days about the resignation by the president of a smallish university in New England. Pundits, politicians and alumni are currently locked in a debate over whether Claudine Gay’s decision to step down after only a months-long tenure as president of Harvard was due to accusations that she…

Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation.  Market Impact Raiffeisen’s presence…

If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…

Federal labor regulators are looking to force Starbucks to reopen six Los Angeles-area Starbucks stores and 17 other locations that were closed across the country in 2022 in a move that was allegedly done to suppress union organizing. The complaint filed by the National Labor Relations Board accused Starbucks of closing stores where workers had…

The government says its plans for victims of the Horizon IT scandal will be published “shortly”.