New York (CNN)The economic recovery from Covid-19 stumbled in the first quarter, but that doesn’t mean a recession is imminent. Gross domestic product unexpectedly declined at an annual rate of 1.4% during the first three months of the year — the worst quarter for the American economy since the pandemic […]

The Biden Administration on Wednesday sounded the alarm for the urgent need for Congress to provide funding for the nation’s continued fight against the Covid-19 pandemic. In March, the President laid out a comprehensive National Covid-19 Preparedness Plan to keep the country moving forward safely, by ensuring that lifesaving tools […]

Germany's reliance on Russian gas addressed by Eva Maydell We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Inflation […]

Stocks showed a substantial downturn over the course of the trading session on Thursday, with the major averages pulling back sharply after showing a strong move to the upside in early trading. With the steep drop on the day, the Nasdaq fell to its lowest closing level in over a […]

A continuation of the highest standard by the FAA will be a relief for Indian airlines especially the Tata group which intends to increase Air India flights on India-US routes. US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India’s aviation regulator DGCA. Sources said that the […]

As it awaits the finalization of Elon Musk’s acquisition, Twitter reached 229 million users as of the end of the first quarter, with revenue and earnings per share both exceeding Wall Street estimates. Revenue rose 16% from the year ago period to $1.2 billion. Advertising made up $1.1 billion of […]

Germany’s construction sector morale eroded sharply in April as an increasing number of firms face supply shortages due to the war in Ukraine, survey data from the ifo institute showed Thursday. The share of building construction companies reporting material shortages rose to 54.2 percent in April from 37.2 percent in […]

Rain Management Group has brought on Yasmin Felice Morris as a Talent Manager, effective immediately. Morris began her career in her hometown of Chicago working for veteran casting director Claire Simon, supporting shows including Chicago Fire, Chicago P.D., and Empire, as well as features, commercials, and theatre. She later segued […]

New York (CNN)Russia’s invasion of Ukraine has contributed to an historic shock to commodity markets that will keep global prices high through the end of 2024, according to the World Bank. The spike in energy prices over the past two years is the biggest since the 1973 oil crisis, while […]

With the Federal Reserve’s next monetary policy meeting looming, the central bank released its Beige Book on Wednesday. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, said U.S. economic activity has expanded at a moderate pace since mid-February. The Fed […]