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Britain Prepares High-Stakes Budget

LONDON (AP) – After being elected in a landslide last year, Britain’s Labour Party government delivered a budget it billed as a one-off dose of tax hikes to fix the public finances, get debt down, ease the cost of living and spur economic growth.

New study shows global luxury shoppers are spurning high-end brands

MILAN (AP) – Global sales of personal luxury goods are forecast to contract for the second straight year, as well-heeled shoppers rebel against extravagant price hikes on ho-hum offerings and global turmoil shakes confidence, according to a new study by the Bain & Co. consultancy released on Thursday.

Trump Calls Japan's Leader Over China Dispute

TOKYO (AP) – Japan’s Prime Minister Sanae Takaichi, who recently triggered China’s fury with a comment suggesting a Chinese move against Taiwan could prompt a Japanese military response, said Tuesday that she received a call from U.S. President Donald Trump right after he spoke with China’s leader.

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