A Las Vegas bartender coping with a recent cancer diagnosis is fearing eviction. A young professional in Tucson is skipping car payments to afford her higher rent. A researcher in Miami signed the lease for her new apartment sight unseen. 

Rental costs in the US are soaring at the

Singapore’s economy slipped into contraction in the second quarter, signaling more challenges for the city-state already grappling with worsening price pressures.

Gross domestic product declined an annualized 0.2% in the quarter ended June from the previous three months, according to final estimates from the Ministry of Trade and Industry released Thursday. That was worse than the preliminary estimate that showed

Meridiam, the French infrastructure investment firm, is exploring the potential sale of a minority stake, people with knowledge of the matter said. 

The private equity firm is working with an adviser as it considers selling about a 20% stake to an outside investor, the people said, asking not to be identified discussing confidential information. Proceeds from the transaction will be used to expand the business, one of the people said. 

The new Galaxy Z Fold 4, which is about the size of a notepad and opens like one, and Z Flip 4, which is square when closed and opens out to regular smartphone size, come with a suite of incremental upgrades. This year’s Fold has a 45% more durable main display with minimized bezels, a slimmer hinge and upgraded cameras both on the back and under the display, Samsung said. Responding to user requests, the company upgraded the battery on the smaller Flip and added a larger max storage option of 512GB.

Federal Reserve Bank of Minneapolis President Neel Kashkari, for a long time the US central bank’s biggest dove, is now its biggest hawk.

Kashkari said that he wants to raise the central bank’s benchmark interest rate to 3.9% by the end of this year, and to 4.4% by the end of 2023. That makes him the most hawkish participant on the Fed’s rate-setting Federal Open Market Committee, according to the so-called “dot plot” of interest-rate projections published after the central bank’s June policy meeting.

Evraz Plc, a steelmaker backed by sanctioned Russian billionaire Roman Abramovich, has put its North American business up for sale.

The London-based steelmaker is “soliciting proposals for the acquisition of its North American subsidiaries,” according to a

Supply cuts from a top Canadian producer are sending lumber prices on a rally even as rising interest rates put a chill on housing markets. 

Lumber futures rose for the third straight session Wednesday to $601.80 per 1,000 board feet on the Chicago Mercantile Exchange. That’s the highest intraday price since July 22 and the longest rally since July 1. 

Sovereign defaults by both Zambia and Zimbabwe have escalated the Batoka Gorge hydro-electric project cost, with the estimated price climbing 23% to almost $5 billion.

The plan, which is being developed by

The state-run miner’s net income jumped to 88.3 billion rupees ($1.1 billion) from 31.7 billion rupees a year earlier, it said in a statement. Profits beat analyst forecasts as blistering summer heat spurred a frantic hunt for more coal, which accounts for about 70% of India’s electricity generation.

Four straight days of losses were erased in seconds Wednesday after

Spanish power is trading almost three times higher than the five-year seasonal average as Russian gas cuts push up fuel costs. As one of Europe’s sunniest nations, Spain is betting that greater solar generation will ease its dependence on volatile commodity markets while helping to clean up the energy mix.

In the midst of an arid summer that set heat records across Europe, the continent’s rivers are evaporating.

The Rhine — a pillar of the German, Dutch and Swiss economies for centuries — is set to become

There’s no relaxing on the beach this summer for corporate acquirers -- they’ve been busy snapping up technology companies, even after a stock rally over the past two months means the sector isn’t as cheap as it was back in June. 

Just look at

Profit for the year through March 2023 is forecast to reach 830 billion yen, the carmaker said in a

As grocery prices soar, food inflation is hitting people of color much more than other groups.

Almost 40% of Native American, 32% of Black and 30% of Latino people reported having serious problems affording food, according to a study conducted by the Robert Wood Johnson Foundation with Harvard and NPR. Meanwhile, 21% of White adults said the same.

Cargill reported its new sales benchmark for the year ending May 31 Wednesday in the company’s