By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to prop up feeble domestic demand and an uneven economic recovery. Weak consumption in China has kept a lid on consumer prices since 2023…
By Helen Coster and Ted Hesson WASHINGTON/NEW YORK (Reuters) – One late afternoon in mid-May, a half dozen Hispanic day laborers were paid $20 each to parade in front of the White House on camera, holding signs with slogans like “I Love Biden” and “I Need Work Permit for My Family.” The stunt was orchestrated…
By Maytaal Angel LONDON (Reuters) – World cocoa prices rose back above $10,000 a ton on Thursday, heading towards the year’s record peaks as the chocolate industry’s supply crisis worsened after top producer Ivory Coast halted bean exports for June and forward sales for next season. The news came a day after reports that Ghana,…
(Reuters) – Social media platform X’s lawsuit against media watchdog group Media Matters will head to trial on April 7, 2025, a U.S. District judge ordered on Thursday. X, which is owned by billionaire Elon Musk, sued Media Matters in November, accusing the group of defamation after it published a report that said ads had…
