Americans spend but growth slows after job losses loom
U SAugust retail sales rose 0 6 percent amid a slowing pace as millions losing jobless benefits reduce spending The gain followed July s 0 9 percent rise and trailed 1 1 percent analyst forecasts Much of the growth came from restaurants and bars where sales rose 4 7 percent but remain 15 4 percent down for the year EU proposes at least 55 reduction in emissions by 2030 von der Leyen vows climate neutral EU by 2050 DP World to partner with Israeli firm to take Haifa port and explore UAE Israel trade routes after White House ceremony on regional normalization
MENTIONED IN THIS ARTICLE
U.S. Commerce Department
Ian Shepherdson
Pantheon Macroeconomics
European Union
Europe
European Commission
Ursula von der Leyen
State of the Union
von der Leyen
DP World
Haifa
DoverTower
Shlomi Fogel
Israel Shipyards
Eilat
Dubai
Jebel Aliport
End of an era as Suga takes Japan helm amid aging economy
Yoshihide Suga, former chief spokesman, becomes prime minister pledging to carry Abenomics but lacking a clear future plan. Analysts warn demographics and low productivity threaten growth as Japan faces a 40percent population drop by 2050. Regional cites like Mito and Akita illustrate shuttered shops, aging residents, and stalled wages despite stimulus.
MENTIONED IN THIS ARTICLE
Mito
Japan
Yoshihide Suga
Shinzo Abe
Abe
Suga
Michael Cucek
Temple University
Tokyo
Toyota Motor Corp
Organization of Economic Cooperation and Development
Slovenia
Slovakia
U.S
Ireland
Shigeru Ishiba
LDP
Senators label Google monopoly upon monopoly at antitrust hearing
U S senators from both parties argued Google uses dominance in search YouTube and ads to stifle competition and expand power. They cited control of consumer data and the ad stack as potential tying across platforms. Google pushes back saying it lacks true market dominance and notes Amazon often dominates product searches.
MENTIONED IN THIS ARTICLE
U.S
Google
Alphabet Inc
Senate Judiciary Panel
YouTube
Gmail
Google Maps
G Suite
Josh Hawley
Missouri
Justice Department
Bloomberg
Richard Blumenthal
Connecticut
Don Harrison
Amazon.com Inc
Harrison
Celebs join Instagram freeze to protest Facebook content
Kim Kardashian West Katy Perry Leonardo DiCaprio and others joined a 24 hour Instagram freeze to protest Facebook's handling of hate propaganda violence and election misinformation. The StopHateforProfit campaign aims to force action while Facebook defends recent steps.
MENTIONED IN THIS ARTICLE
London
Kim Kardashian West
Katy Perry
Leonardo DiCaprio
Facebook
America
Kardashian West
U.S
Anti- Defamation League
NAACP
Color of Change
Ashton Kutcher
Mark Ruffalo
Kerry Washington
Rosario Dawson
Jamie Foxx
Sacha Baron Cohen
DiCaprio
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Haifa Port
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Akita
China
Hirado
Eugene Hoshiko
Case
Celebs
Kelvin Chan