Gisèle Pelicot’s ex-husband found guilty in mass rape trial in France, sentenced to 20 years in prison

A judge in France on Thursday found the former husband of Gisèle Pelicot, who admitted to drugging and raping her repeatedly over the course of almost a decade and inviting dozens of other men to assault her as well, guilty of aggravated rape. He was given the maximum sentence of 20 years in prison. Over the course … Read more

Bank of Japan holds rates at 0.25%, yen weakens to one-month low

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged while sticking to its view that it’s on track to achieve its inflation target, an outlook that points to the possibility of another rate hike in the coming months.  Getty Images … Read more

Fed has big interest rate decision on Wednesday. Here’s what to expect

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building in Washington, D.C. Andrew Caballero-Reynolds | AFP | Getty Images Inflation is stubbornly above target, the economy is growing at about a 3% pace and the … Read more

Honda Nissan merger talks Nikkei reports

In an aerial view, brand new Honda cars are displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Honda announced the recall of 750,000 vehicles in the U.S. for an air bag defect that could unintentionally deploy the air bags in a collision.  Justin Sullivan | Getty Images … Read more

China’s exports, imports miss expectations in November as economic worries deepen

A foreign trade container ship is leaving the dock at Qingdao Port in Qingdao, China, on June 7, 2024.  Costfoto | Nurphoto | Getty Images China’s exports and imports both missed expectations in November, with exports rising 6.7% in U.S. dollar terms and imports falling 3.9% from a year ago, data from the country’s customs … Read more

China’s industrial profits fall by 10% in October as deflation worries linger

A large number of machinery and vehicles are ready for shipment at the dock of the Oriental Port Branch of Lianyungang Port in Lianyungang, China, on September 27, 2024.  Costfoto | Nurphoto | Getty Images China’s industrial profits dropped by 10% in October from a year ago, in another sign that Beijing’s stimulus measures have … Read more

Amgen says obesity drug MariTide caused up to 20% weight loss after a year

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the company races … Read more