US inflation gauge ticks higher with price pressures still stubborn
Washington — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier,…
One of India’s largest conglomerates under suspicion following US fraud charges
New Delhi — Nearly two years after one of India’s biggest conglomerates was hit by allegations of wrongdoing by a U.S. investment firm, it is again in the eye of a storm as it faces charges of fraud, which analysts…
Dow hits another record as stocks rise on treasury secretary pick
New York — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago. The…
World braces for impact as Trump revisits trade wars
Countries around the world are bracing for economic upheaval as incoming U.S. President Donald Trump threatens massive tariffs, especially on China. The uncertainty has left governments and businesses struggling with how to respond, as VOA’s Bill Gallo reports from Seoul,…
AI app helps Kenyan farmers optimize crop yields
Farmers in Kenya are using artificial intelligence to help them get better crop yields. An AI-powered tool – called Virtual Agronomist – engages directly with farmers to help them create tailored plans to optimize the quality and quantity of their…
Lower turkey costs set table for cheaper US Thanksgiving feast this year
Inflation-weary consumers should see the cost of their classic Thanksgiving dinner gobble less of their paychecks this year, largely because Americans are buying less of the meal’s centerpiece dish, turkey. The price tag of the traditional holiday meal, which also…
Zambia, Zimbabwe seek move to wind, solar to avert power shortages
VICTORIA FALLS, ZIMBABWE — Zimbabwe and Zambia are holding a summit this week in Victoria Falls to identify ways to attract investors for energy projects and development. The talks come as the neighbors experience their worst recorded drought, which is…
Greece to repay chunk of bailout debt early
Athens, Greece — Greece will make an early repayment of 5 billion euros ($5.3 billion) in bailout-era debt in 2025, Prime Minister Kyriakos Mitsotakis told a banking conference in Athens on Monday, describing the move as a signal of the…
Debt-saddled Laos struggles to tame rampant inflation
Vientiane, Laos — Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging. At a market in Vientiane,…
Foreign acquisition of US Steel faces cooler temperatures after presidential election
Before the U.S. presidential election, President Joe Biden and former President Donald Trump opposed a Japanese company’s planned $14 billion purchase of U.S. Steel, a once-iconic pillar of America’s industrial age. With the election over, there are indications that the…