Economy

German cities impose cold showers and turn off lights amid Russian gas crisis | Germany

Cities in Germany are switching off spotlights on public monuments, turning off fountains, and imposing cold showers on municipal swimming pools and sports halls, as the country races to reduce its energy consumption in the face of a looming Russian gas crisis. Hanover in north-west Germany on Wednesday became the first large city to announce …

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Biden says inflation legislation will reduce pressure on economy : NPR

In remarks from the White House Thursday, President Biden said the Inflation Reduction Act would reduce pressure on the economy from rising inflation. Susan Walsh/AP hide caption toggle caption Susan Walsh/AP In remarks from the White House Thursday, President Biden said the Inflation Reduction Act would reduce pressure on the economy from rising inflation. Susan …

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Biden clash with China’s Xi over economy, Taiwan during call

WASHINGTON – Tenensions over Taiwan, Russia’s war in Ukraine and over the economy dominated a call between President Joe Biden and Chinese leader Xi Jinping on Thursday. The planned call between the leaders – their first in more than four months – comes as the US seeks to regain a competitive edge over China and …

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Inflation-exhausted Americans: Let’s just go out for steak

In the three months ending on May 29, sales at Longhorn Steakhouse locations open at least a year popped 10.6%. Texas Roadhouse reported that in the first three months of the year, sales at company-owned restaurants open at least a year jumped 16%. The chain is slated to release its second-quarter earnings Thursday afternoon. Demand …

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Trader Joe’s workers vote to unionize for 1st time

GOP strategist Ford O’Connell and Parents Defending Education President and founder Nicole Neily on the latest poll and Florida Gov. Ron DeSantis’ response to an alleged induction in schools and the impact on students. Trader Joe’s employees at a store in Massachusetts voted Thursday to unionize, a first for the supermarket chain. The store in …

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