Today Update

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global…

5 Financial To-Dos Before the End of 2025

As 2025 winds down, here are some moves to help you finish the year strong financially. Morningstar’s director of personal finance and retirement planning, Christine Benz, discusses strategies. This interview…

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house…

World shares are mixed after a retreat on Wall Street

BANGKOK — World shares were mixed on Tuesday after U.S. stocks gave back some of last week’s rally, pressured by rising global bond yields. The future for the S&P 500…

Russia-Ukraine war: List of key events, day 1,377

These are the key developments from day 1,377 of Russia’s war on Ukraine. Zelenskyy says US peace plan ‘looks better’ with new revisions Here’s where things stand on Tuesday, December…

Int’l Criminal Court says Libyan war crimes suspect now in custody

Khaled Mohamed Ali El Hishri allegedly committed serious crimes at Libya’s Mitiga Prison from 2015 to 2020, The Hague-based ICC says. The International Criminal Court (ICC) says it has taken…

Zelenskyy says territorial concessions remain Ukraine’s ‘biggest challenge’

Ukrainian President Volodymyr Zelenskyy has said that protecting Ukraine’s territorial integrity remains the “biggest challenge” in ongoing negotiations over a US plan to end the war, following discussions in Paris…

What does Netanyahu’s pardon request mean for Israel’s future?

There are divided reactions to the Israeli prime minister’s pardon request to President Isaac Herzog. Israeli Prime Minister Benjamin Netanyahu has asked for a presidential pardon to end the criminal…

US Senator Chuck Schumer receives bomb threats at three offices in New York

Threatening emails say ‘2020 election was rigged’, echoing Trump’s false claims about the vote. The top Democrat in the United States Senate, Chuck Schumer, has said that three of his…

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

New York City officials say Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut…