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Wall Street stocks rally again, shrugging off weak GDP report

Wall Street stocks rally again, shrugging off weak GDP report

Wall Street stocks rose on Thursday despite data showing the US economy contracted for a second straight quarter, as investors took it as a signal the Federal Reserve may slow interest rate hikes.

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Venezuela, Colombia agree to reestablish embassies from August 7

Venezuela, Colombia agree to reestablish embassies from August 7

Venezuela and Colombia will reestablish diplomatic relations at an ambassadorial level when leftist president-elect Gustavo Petro takes office in Bogota on August 7, representatives of the South American neighbors said Thursday.

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Biden, Xi agree to hold face-to-face summit

Biden, Xi agree to hold face-to-face summit

President Joe Biden and his Chinese counterpart Xi Jinping agreed to schedule their first in-person summit during a sometimes tense phone call Thursday where Xi warned the United States not to "play with fire" in Taiwan.

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Rossouw and Shami star as South Africa level T20 series against England

Rossouw and Shami star as South Africa level T20 series against England

Rilee Rossouw's unbeaten 96 laid the foundation for South Africa's commanding 58-run win in the second Twenty20 international against England in Cardiff on Thursday as the Proteas bounced back to level a three-match series at 1-1.

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Spielberg heads starry Toronto festival line-up

Spielberg heads starry Toronto festival line-up

Steven Spielberg, Jennifer Lawrence and Harry Styles will bring their world premieres to Toronto, as North America's largest film festival signaled a return to full strength with the unveiling of a star-studded lineup Thursday.

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Amazon tops expectations as quarterly sales climb

Amazon tops expectations as quarterly sales climb

E-commerce colossus Amazon on Thursday reported that its sales in the recently ended quarter grew more than expected despite inflation and other economic turmoil.

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In one month, 43 US clinics have stopped offering abortions: study

In one month, 43 US clinics have stopped offering abortions: study

At least 43 clinics throughout the United States have stopped offering abortions since the Supreme Court rolled back the nationwide right to the procedure, according to a study published Thursday.

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Macron defies anger to welcome Saudi strongman

Macron defies anger to welcome Saudi strongman

French President Emmanuel Macron on Thursday warmly welcomed Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris, defying anger sparked by hosting the controversial strongman less than four years after the murder of journalist Jamal Khashoggi.

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US House passes bill to boost domestic chip manufacturing

US House passes bill to boost domestic chip manufacturing

The US House of Representatives passed a bill on Thursday to boost domestic production of semiconductors, the in-demand microchips that power everything from smartphones to cars and weapons.

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In US, the definition of 'recession' is moving target

In US, the definition of 'recession' is moving target

Now that the US economy has posted two consecutive quarters of negative growth, is it in recession? Opinions are starkly divided, and President Joe Biden is definitely in the No camp.

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