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Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:19
AI project imagines adult faces of children who disappeared during Argentina's military dictatorship
AI project imagines adult faces of children who disappeared during Argentina's military dictatorship
If a baby was taken from their parents four decades ago during Argentina’s military dictatorship, what would that person look like today
2023-09-03 12:29
Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, “meant what he said” when he made a series of antisemitic and offensive remarks last year
2023-09-21 07:23
California Quietly Shelves $15 Billion Pension Divestment Bill
California Quietly Shelves $15 Billion Pension Divestment Bill
The California State Assembly has shelved legislation that would have forced the country’s two largest pension funds to
2023-07-04 05:57
‘Made in USA’ Revival Sparks Building Boom, 506% Rally in Value
‘Made in USA’ Revival Sparks Building Boom, 506% Rally in Value
When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return
2023-10-07 22:53
Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue
Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue
Unionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract
2023-08-25 08:16
Brazil readies decree to nearly double tax on firearms and ammunition
Brazil readies decree to nearly double tax on firearms and ammunition
By Bernardo Caram BRASILIA Brazil's Finance Ministry is preparing a decree that nearly doubles the tax on the
2023-10-27 03:59
UBS to pay $1.4 bn to settle US fraud charges on subprime loans
UBS to pay $1.4 bn to settle US fraud charges on subprime loans
UBS will pay $1.4 billion to settle US charges that it defrauded investors in the sale of mortgage-backed securities, resolving the last big case stemming from the 2008 financial...
2023-08-15 08:17
Messer Nears GIC Stake Sale at Over €12 Billion Valuation
Messer Nears GIC Stake Sale at Over €12 Billion Valuation
Messer SE has sealed an investment from GIC Pte that values the industrial gas maker at more than
2023-05-30 20:58
'Licence to hide': Western plastic waste dumped in Myanmar
'Licence to hide': Western plastic waste dumped in Myanmar
In a working-class neighbourhood of Myanmar's Yangon, plastic waste is piled a metre high, the toxic product of what a recent investigation said is...
2023-10-13 15:52
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of
2023-11-14 05:23
New York lawmakers OK bill removing medical debt from credit reports
New York lawmakers OK bill removing medical debt from credit reports
Hospitals and other health care providers in New York would be banned from reporting medical debt to credit agencies under a bill passed this week by the state’s legislature
2023-06-22 03:51