Looms

By Andrew Dalton | Associated Press LOS ANGELES — Doctor Strange and his multiverse got to linger a little longer atop the weekend box office as Tom Cruise and “Top Gun” wait in the wings. Marvel’s “Doctor Strange in the Multiverse of Madness” was the top-earning film of the weekend for the third straight week, bringing in $31.6 million in 4,534 North American theaters, according to studio estimates released Sunday. “Downtown Abbey: A New Era” made a strong opening showing for Focus Features with $16 million from 3,820…

Breadcrumb Trail Links PMN Politics PMN News Author of the article: Reuters Aziz El Yaakoubi and Ghaida Ghantous Publishing date: May 20, 2022  •  10 minutes ago  •  3 minute read  •  Join the conversation Article content RIYADH — An unlikely royal joined a Saudi delegation to the UAE this week, and readers of the Kingdom’s political landscape are viewing the move as a message of family unity from its de facto ruler after fractious years spent building his power base. Prince Abdulaziz…

Breadcrumb Trail Links World News The waiver, issued shortly after the U.S. levied sanctions, has given Russia room to repay sovereign debt to foreign investors Author of the article: Bloomberg News Laura Benitez Publishing date: May 18, 2022  •  10 minutes ago  •  2 minute read  •  Join the conversation Russia's Finance Minister Anton Siluanov said on Wednesday that Russia has no intention of defaulting on the almost US$20 billion of sovereign debt it owes to foreign investors.…

Breadcrumb Trail Links PMN Politics PMN News PMN Health Author of the article: Reuters David Stanway and Martin Quin Pollard Publishing date: May 18, 2022  •  14 minutes ago  •  4 minute read  •  Join the conversation Article content SHANGHAI/BEIJING — Health authorities in Shanghai faced “huge” pressure to keep China’s most populous city free of COVID-19 as residents were counting down the days until June 1 and the end of their lockdown after almost two months of isolation. The…

Breadcrumb Trail Links PMN Politics PMN News PMN Health Author of the article: Reuters David Stanway and Martin Quin Pollard Publishing date: May 18, 2022  •  10 minutes ago  •  3 minute read  •  Join the conversation Article content SHANGHAI/BEIJING — Health authorities in Shanghai face huge pressure to keep COVID-19 at bay the longer the city goes without a new community infection with residents counting down the days until June 1 and the end of their hated lockdown. The…

It is too early to start worrying about a recession. Worrying about an earnings recession is a different matter. Economic recessions don’t occur all that often. Since 1948 there have only been a dozen of them, according to the National Bureau of Economic Research’s business cycle dating committee (the accepted arbiter of U.S. economic expansions and contractions), and in recent decades they have become less frequent. This isn’t to say that the country won’t experience another recession…