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Survey: Business Economists Push Back US Recession Forecasts

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a surprisingly resilient economy despite steadily higher interest rates. Fifty-eight percent of 48 economists who responded to a survey by the National Association...

Dilbert Dumped After Creator Says Whites Should ‘Get Away’ From Black People

Dilbert comic strip creator Scott Adams experienced possibly the biggest repercussion of his recent comments about race when distributor Andrews McMeel Universal announced Sunday it would no longer work with the cartoonist. Andrews McMeel Chairman Hugh Andrews and CEO and President Andy Sareyan said in a joint statement that the...

Israel Approves Over 7,000 New Settlement Homes in Occupied Area, Groups Say

Israel’s far-right government has granted approval for over 7,000 new homes in Jewish settlements in the West Bank, settlement backers and opponents said Thursday. The move defies growing international opposition to construction in the occupied territory. The announcement came just days after the U.N. Security Council passed a statement strongly criticizing...

US Announces Sweeping New Russia Sanctions 1 Year Into War

The U.S. announced a new round of sanctions on Russian firms, banks, manufacturers and people Friday, aiming them at entities that helped Russia evade sanctions earlier in the year-old war against Ukraine. Russia’s metals and mining sector is among those targeted in one of the U.S. Treasury Department's "most significant...

An Inflation Gauge Tracked by Fed Accelerated in January

The Federal Reserve's preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December to...

Beyond Meat Beats Q4 Forecasts Despite Flagging Sales

Beyond Meat on Thursday reported better-than-expected fourth quarter sales despite flagging consumer demand and lower prices. The plant-based meat maker said its revenue fell 21% to $80 million in the October-December period. Still, that beat Wall Street's expectations. Analysts polled by FactSet were forecasting revenue of $75.8 million. Beyond Meat’s...

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