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Business

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US housing outlook dims as buyers await lower rates, BofA finds
Uncertainty hits US homebuyers as mortgage rates climb again

NEW YORK CITY, New York: Rising mortgage rates and economic uncertainty are leaving many Americans unsure about whether to buy a home—just...

Texas bill targets app store access for minors, awaits governor’s nod
Texas set to require age checks on Apple and Google app stores

SAN FRANCISCO, California: Texas is set to become the first major U.S. state to require Apple and Google to verify the age of users...

US optimism rises after tariff pause, survey shows
US consumer confidence rebounds in May, but tariff fears linger

WASHINGTON, D.C.: After months of steady decline, U.S. consumer confidence saw a significant rebound in May—buoyed in part by a temporary...

U.S. stocks end day, week, month with mixed performances
Wall Street closes out week with lackluster performance

NEW YORK, New York - Uncertainty over trade tariffs kept invetsors and tradersv at bay on Friday with the major indices finishing mixed....

Skechers deal sparks wave of take-private talks amid trade turmoil
Retailers hit by Trump's tariffs eye private deals for stability

NEW YORK CITY, New York: As trade policy uncertainty rattles markets and slashes valuations, a growing number of U.S. retailers are...

Volvo cuts 3,000 jobs amid trade tensions and economic uncertainty
Swedish-based Volvo Cars cutting 3,000 jobs to reduce costs

FRANKFURT, Germany: Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade...

World

Section
Global central bankers in Tokyo address discuss inflation and slowdown
World's central banks talk harsh new economic realities in Tokyo

TOKYO, Japan: As global inflation remains stubborn and growth prospects dim, central bankers from around the world gathered in Tokyo...

ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension
ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension

KUALA LUMPUR, Malaysia - At a meeting on Tuesday in the Malaysian capital, Kuala Lumpur, ASEAN leaders reiterated their commitment...

"We gave a befitting reply": All-party delegation member Anand Sharma in Ethiopia
"We gave a befitting reply": All-party delegation member Anand Sharma in Ethiopia

Addis Ababa [Ethiopia], June 1 (ANI): Congress MP Anand Sharma, who is part of the multi-party delegation to Ethiopia on Saturday (local...

Syrian leader threatened by militants who put him in power WaPo
Syrian leader threatened by militants who put him in power  WaPo

Ahmed al-Sharaa led a coalition of Islamist forces that toppled the previous government last November The insurgents who toppled...

"Pakistan wanted ceasefire out of fear": Prashant Kishor criticises government's cessation of hostilities decision
"Pakistan wanted ceasefire out of fear": Prashant Kishor criticises government's cessation of hostilities decision

East Champaran (Bihar) [India], June 1 (ANI): Jan Suraaj founder Prashant Kishor openly questioned the Indian government's decision...

Pakistan cannot be allowed to host terror camps in violation of UNSC norms, says MP Baijayant Panda
Pakistan cannot be allowed to host terror camps in violation of UNSC norms, says MP Baijayant Panda

Algiers [Algeria], June 1 (ANI): Bharatiya Janata Party (BJP) MP Baijayant Panda, during his official visit to Algeria, emphasised...