Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of price increases easing, the Commerce Department reported Friday. Personal consumption expenditures excluding food and energy increased 4.4% from a year ago, down from the 4.7% reading in November and in …

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At …

U.S. President Joe Biden has previously singled out Exxon Mobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s largest oil and gas companies are poised to report record annual profits, raking in extraordinary revenues following a year of volatile fossil fuel …

Removing molten iron from a pilot scale facility at the Boston Metal facilities in Woburn, Mass. Photo courtesy Boston Metal The $1.6 trillion steel industry is the backbone of the modern world. It’s also a significant contributor to global warming, representing between 7% and 9% of global carbon dioxide emissions, …

A Polish Leopard 2PL tank fires during Defender Europe 2022 military exercise of NATO troops including French, American, and Polish troops, amid the Russian invasion of Ukraine, at the military range in Bemowo Piskie, near Orzysz, Poland May 24, 2022.  Kacper Pempel | Reuters Developments in the Ukraine war this …

Chairman and founder of the Adani Group, Gautam Adani, at the News18 Rising India Summit on Feb. 25, 2019, in New Delhi, India. Since becoming a billionaire in 2008, Adani is now one of the richest people in the world, with a $113 billion fortune, according to the Bloomberg Billionaires …

BEIJING — People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show. “Pent-up demand is being released as many people rush to scenic spots, watch firework shows and crowd into restaurants and hotels,” Nomura’s chief China economist Ting …

Living to 90 is a feat in itself, but imagine being able to compete in triathlons even as you near that distinguished age.  This is the reality for Dr. Joseph Maroon, an 82-year-old triathlete who also works as a consultant neurosurgeon for the Pittsburgh Steelers and medical director of the …

With 2023’s World Economic Forum in Davos dominated by discussions of economic growth, or a lack of in most developed countries, one nation was often cited as a bright spot. India is doing “exceedingly well,” said Bank of Japan Governor Haruhiko Kuroda in a closing panel at the event, while …

BEIJING — Travelers from mainland China stuck close to home in Asia during the Lunar New Year, the first holiday after Beijing relaxed its Covid-related border controls. Hong Kong and Macao were the most popular spots, said Trip.com, citing flight bookings on its platform for the first four days of …