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After a robust third quarter, US economic growth will likely slow. That bodes well for rate cuts next year.
After a robust third quarter, US economic growth will likely slow. That bodes well for rate cuts next year.
The Commerce Department is set to report third-quarter gross domestic product Thursday. It's the broadest measure of economic output, and it'll likely show that the US economy expanded at a staggeringly rapid pace from July through September, despite higher interest rates, depleted pandemic savings and high inflation.
2023-10-22 20:16
Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows
Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period
2023-10-27 12:29
UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco firm for $625 million,
2023-09-04 02:21
SoftBank's Arm set to debut on Nasdaq after biggest IPO since 2021
SoftBank's Arm set to debut on Nasdaq after biggest IPO since 2021
SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected
2023-09-14 19:59
The FAA asks the FBI to consider criminal charges against 22 more unruly airline passengers
The FAA asks the FBI to consider criminal charges against 22 more unruly airline passengers
Federal officials say they're asking the FBI to consider criminal prosecution of nearly two dozen more airline passengers accused of disturbances on flights
2023-08-09 01:21
Vedanta Extends Record Dividend Spree With $830 Million Bonanza
Vedanta Extends Record Dividend Spree With $830 Million Bonanza
Vedanta Ltd. will award a dividend of 68.8 billion rupee ($830 million), the first payout in the fiscal
2023-05-23 10:45
EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:48
East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist
East West Bank Appoints Dr. Jason Hsu of Rayliant Global Advisors as Chief Economist
PASADENA, Calif.--(BUSINESS WIRE)--May 23, 2023--
2023-05-24 04:56
Born after Superstorm Sandy's destruction, 2 big flood control projects get underway in New Jersey
Born after Superstorm Sandy's destruction, 2 big flood control projects get underway in New Jersey
A decade after they were envisioned in the aftermath of Superstorm Sandy’s destruction, two of the largest flood control projects designed to protect densely populated cities in New Jersey just outside New York City are getting underway
2023-10-25 12:52
Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
Qatar is targeting more investment in new frontiers and sectors like technology and health care, as high demand
2023-06-12 12:20
US companies face less pressure for climate and social reforms
US companies face less pressure for climate and social reforms
By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly
2023-06-09 19:29
US judge halts pending TikTok ban in Montana
US judge halts pending TikTok ban in Montana
A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the popular video sharing app was likely...
2023-12-01 12:45