Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision

Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision

2023-08-02 11:16

US inflation is expected to keep slowing. Here's why

US inflation has slowed steadily from its four-decade peak last June, and it's expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could help bring it down even more.

2023-09-17 19:52

Germany’s Top Court Proves It’s a Force to Be Reckoned With

Days after pitching Chancellor Olaf Scholz’s governing coalition into an unprecedented budget crisis and sending shockwaves rippling through

2023-11-25 14:15

China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling

China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts

2023-08-22 11:22

Dominican Republic has partially reopened its border with Haiti. But a diplomatic crisis persists

The Dominican Republic has partially reopened its border with Haiti to limited commercial activity nearly a month after shuttering the frontier amid an ongoing spat over construction of a canal targeting water from a shared river

2023-10-11 22:57

Why do Kosovo-Serbia tensions persist?

Tensions between Serbia and Kosovo have flared anew this weekend after Kosovo’s police raided Serb-dominated areas in the region’s north and seized local municipality buildings

2023-05-29 20:16

China to choose fiscal muscle over big reforms to revive economy

By Kevin Yao BEIJING (Reuters) -China is set to unleash fresh fiscal stimulus to shore up its economic recovery, drawing

2023-10-25 07:16

6 charged in alleged straw donor scheme to help get Eric Adams elected New York City mayor

Six people have been charged in an alleged scheme to divert tens of thousands of dollars in public funds to New York City Mayor Eric Adams’ campaign months before his election

2023-07-08 00:28

Man Group Appoints its First Female CEO in 240 Years

Man Group Plc has appointed its first female chief executive officer in its 240 years of existence. Robyn

2023-05-11 16:20

Alibaba shares dive more than 7% after cloud service called off

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring...

2023-11-17 10:23

Milei's dilemma: how to solve a problem like Argentina?

Argentina's president-elect Javier Milei will have no time to bask in his Sunday victory as he inherits a country crippled by inflation and short on...

2023-11-20 14:29

OMNIVISION Adds Two New Products to Its Broad Family of Global Shutter Sensors for Automotive In-Cabin Applications

SANTA CLARA, Calif.--(BUSINESS WIRE)--Jun 19, 2023--

2023-06-19 21:17