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Headline News Summaries, World News, and Breaking News Newser Current news summaries and breaking stories about politics, business, health, sports, technology, and entertainment. | Newser
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Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update
1+ day, 15+ hour ago (240+ words) The central bank will close out its two-day meeting on Wednesday and could raise its benchmark interest rate in an effort to tame stubbornly high inflation. Wall Street will also get an update Wednesday on U.S. retail sales for August. That…...
Oil Prices Leap to Their Highest Since May
3+ day, 16+ hour ago (507+ words) Newser Oil Prices Leap to Their Highest Since May US stocks sank on Thursday after oil prices jumped back to where they were in May. - The S&P 500 fell 44.66 points, or 0.6%, to 7,591.70. its fourth straight loss. - The Dow Jones Industrial…...
Wholesale Inflation Is Rising Again
3+ day, 18+ hour ago (451+ words) Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated. The Labor Department's... Wholesale Inflation Is Rising Again Wholesale inflation picked up last month after…...
Investors Underwhelmed at Treasury's Rare Move
4+ day, 19+ hour ago (196+ words) Washington is making a rare move to cool borrowing costs—but investors appear to be underwhelmed. The Treasury Department said it will buy back up to $6 billion of longer-term... Investors Underwhelmed at Treasury's Rare Move Washington is making a rare…...
He Was an 8th-Grade Dropout, Stole $245M Worth of Bitcoin
5+ day, 13+ hour ago (299+ words) Newser He Was an 8th-Grade Dropout, Stole $245M Worth of Bitcoin A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, DC, resident—one of the largest cryptocurrency…...
As Canada's Tariffs Begin, Trump Threatens Jetmaker
5+ day, 23+ hour ago (230+ words) Newser As Canada's Tariffs Begin, Trump Threatens Jetmaker Canada's answer to President Trump's tariffs took effect on Tuesday, with levies of 15% to 50% on nearly $20 billion in US products now in place, reports the BBC. They hit everything from milk and…...
French Wine Output to Hit 70-Year Low After Extreme Heat
6+ day, 2+ hour ago (225+ words) Newser French Wine Output to Hit 70-Year Low After Extreme Heat France's wine vats are on track to be the emptiest they've been in roughly seven decades. The nation's Agriculture Ministry says 2026 output is expected to slip another 6% from 2025's…...
US tourism groups want to win Canadian visitors back. A testy trade war isn't helping
1+ week, 23+ hour ago (739+ words) "It’s such a big ask right now,” Loewen, 45, said of the U.S. tourism industry's attempts to woo Canadians like him back before a new president occupies the White House. “It’s just a wasted effort.” The bilateral rift has not…...
Germany's Shorter Workweek May Get Longer
1+ week, 2+ day ago (243+ words) Newser Germany's Shorter Workweek May Get Longer Germany's industrial giants want more hours out of workers—without more money going out the door. With manufacturing in a prolonged slump and labor costs among the priciest in Europe, executives at giants…...
Lutnick's 2025 Income: $250M
1+ week, 2+ day ago (213+ words) It's not just Howard Lutnick's government salary that's paying the bills. The commerce secretary reported at least $250 million in income last year, largely tied to... Lutnick's 2025 Income: $250M It's not just Howard Lutnick's government salary that's paying the bills. The commerce…...