Volkswagen Encounters Slowdown in Pace of Job Cuts, FT Says, Citing Memo

--Volkswagen has had a slowdown in the number of workers in Germany agreeing to quit their jobs as the carmaker works through a cost-cutting plan, the Financial Times says, citing an internal memo ...

Mint Explainer: How UPI’s tie-up with the EU’s TIPS system could boost cross-border payments

India and the EU have begun work on linking the two instant-payment systems, which is expected to pave the way for more cross ...

BOJ Posts Record Loss on JGB Holdings Amid Tightening Move

The BOJ said Wednesday that its unrealized losses on JGB holdings amounted to 32.826 trillion yen, equivalent to $210.34 billion, for the six months ending in September. That compared with a Y28.625 ...

Bets surge on Kevin Hassett becoming next Fed chair

Kevin Hassett, director of the U.S. National Economic Council, is emerging as a front-runner to replace Jerome Powell as Fed Chairman. Bets on Kevin Hassett becoming the next Federal Reserve chair ...

State audit finds misappropriated federal funds tied to HHS subcontractor

Prince William and Kate Middleton were reportedly "blindsided" by Princess Beatrice and now all her public appearances have ...