Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey, May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS THIS PICTURE WAS PROVIDED BY A THIRD PARTY. NO RESALE. NO ARCHIVES. MANDATORY CREDIT Murat Cetinmuhurdar Reuters Turkey will continue to cut interest rates, its…

A worker sorts packages at the outbound dock of the Amazon fulfillment center in Eastvale, California on Tuesday, August 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is increasing hourly wages for its warehouse and delivery workers, the company announced on Wednesday. Beginning in October, Amazon’s average starting…

LONDON – The Bank of England is set to suspend the scheduled start of its gilt sales next week and begin buying long-dated bonds on a temporary basis in a bid to calm market chaos sparked by the new government’s so-called mini-budget. UK government bond yields, known as ‘gilts’, were on track for their strongest…

General Motors CEO Mary Barra speaks to reporters while awaiting the arrival of President Joe Biden on media day at the North American International Auto Show in Detroit, Michigan September 14, 2022. Rebecca Cook | Reuters DETROIT — General Motors is conducting damage control related to its plans to return to the office after a…

Charles Evans, President of the Federal Reserve Bank of Chicago, speaks at the National Association of Business Economics (NABE) Annual Meeting in Arlington, Virginia, Monday, September 27, 2021. Al Drago | Bloomberg | Getty Images Chicago Federal Reserve Chairman Charles Evans says he is concerned the Federal Reserve will raise interest rates too quickly to…

Passengers disembark from a Southwest Airlines flight departing from Las Vegas at Hollywood Burbank Airport in Burbank, California on October 10, 2021. Air traffic control and its own lack of available personnel. Robyn Beck | AFP | Getty Images Southwest Airlines has hired and trained 3,000 flight attendants so far this year, nearly triple the…

An aerial view of the Phillips 66 oil refinery is seen in Linden, New Jersey, USA. Tayfun Cosku | Anadolu Agency | Getty Images Brent crude fell below $85 a barrel on Monday as recession fears and the US dollar surged. Brent futures for November settlement were down over 1% at $84.92 as of 8am…

Berkshire Hathaway Chairman Warren Buffett is seen at Berkshire’s annual shareholder buyout day in Omaha, Nebraska, the United States, on May 3, 2019. Scott Morgan | Reuters The researchers applied the Anti-Inflation Act’s new 15% minimum tax to corporate earnings in 2021 and found that only about 78 companies would feel the burden, with Berkshire…

Whether you like the thin style of a New York pie or prefer the chunkier Detroit-style option, you probably have pretty strong opinions about what makes the perfect piece — and where to find it. The Italian pizza experts behind 50 Top Pizza have released their 2022 survey, which ranks the best pizzerias in the…

US President Joe Biden addresses the DISCLOSE Act in the Roosevelt Room of the White House on September 20, 2022 in Washington, DC. Saul Loeb | AFP | Getty Images The Biden administration announced Friday that it is providing $1.5 billion in grants to help states, territories and tribal areas combat the opioid crisis. The…