Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term economists use to explain the increasing price tags of live events as consumers hanker for the experiences they lost during…
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple, Alphabet and Microsoft, all of which are worth $2 trillion or more. Investors have piled into tech stocks recently as…
The outgoing Dutch Prime Minister Mark Rutte will become the next NATO secretary general, the alliance said Wednesday. His appointment comes after Romanian President Klaus Iohannis – his only rival for the position – announced last week that he had withdrawn from the running. The term of current secretary general,…
Younis lays disorientated on a green mattress in Nasser Hospital, in southern Gaza. His long brown eyelashes rest delicately on his pale sunken face, as he drifts in and out of sleep. The 9-year-old Palestinian boy lies in his mother’s arms, clearly wasted from severe malnutrition and suffering from dehydration. His…
Beside a desk scattered with soldering pieces, loose wires and electronic parts, Choi’s computer screen tracks wind conditions and the GPS location of some unlikely parcels: massive “smart” balloons he has sent floating into North Korea. For many years, South Korean activists and North Korean defectors have sent balloons to…
The trial of Evan Gershkovich, the first American journalist to be arrested on espionage charges in Russia since the Cold War, began Wednesday morning in a closed hearing that has been condemned by his newspaper and the United States. Gershkovich, 32, was arrested while reporting for the Wall Street Journal,…
WikiLeaks founder Julian Assange walked free for the first time in 12 years after a US judge signed off on his unexpected plea deal on Wednesday morning. Assange walked out of the courtroom as a free man into the bright Saipan sunshine, raising one hand to a gaggle of the…
A high risk of famine persists in Gaza and the situation “remains catastrophic” as the war between Israel and Hamas continues, according to a report released Tuesday by the Integrated Food Security Phase Classification (IPC). Nearly half a million are projected to face catastrophic levels of hunger, the most severe level on…
Five Americans have been arrested in Turks and Caicos over the past six months under gun control laws that make bringing firearms or ammunition into the territory without prior permission from police a crime. Michael Lee Evans, of Texas; Sharitta Grier, of Florida; Bryan Hagerich, of Pennsylvania; Ryan Tyler Watson,…
Pollsters were surprised by the burst of populism in 2016, but many now think they shouldn’t have been. In the United States and United Kingdom, swaths of voters in deprived regions – places “left behind” by globalization – were given the chance to stick it to the system, and they…