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Worries over the financial stability of Deutsche Bank returned to the fore Friday, sending shares in Germany's biggest bank to a record low and rekindling broader concerns about Europe's financial sector. ...
US inflation in August nudged upwards, regaining some of the pace it had lost in the summer, but was still low, according to Commerce Department data released Friday. Personal income gained $39.3 billion in August, an increase of 0.2 percent over July, down from the 0.4 percent increase recorded the month before. Personal consumption expenditures, or PCE, a measure of the value of all goods and services bought, were virtually unchanged between July and August, according to the department.
As Sting took up the refugee crisis for his latest album, he met in Berlin with musicians who fled Syria. "I felt it was important to have that sanction," Sting told AFP of the track "Inshallah," in which he envisions himself on a boat like a refugee desperate for safety. The song appears on Sting's album "57th and 9th," which comes out November 11 and marks the most rock-driven work in years by the former Police frontman.