South Korea think-tank raises inflation forecast on higher energy prices
SEOUL A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise
2023-08-10 11:28
Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:26
Top Fed official proposes higher capital limits for larger banks
Federal Reserve Vice Chair for Supervision Michael Barr said Monday he is proposing stricter bank capital requirements in light of three major US bank failures earlier this year.
2023-07-10 23:26
Cyberattack at MGM Resorts expected to cost casino giant $100 million
The cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says
2023-10-06 23:26
FTX sues ex-Clinton aide's investment firm for $700 million
By Dietrich Knauth NEW YORK Bankrupt crypto exchange FTX on Thursday sued a former aide to Hilary Clinton
2023-06-23 06:18
MTA Unveils a Plan to Fix NYC’s Aging Transit System
Overhauling Grand Central Terminal’s 110-year-old train shed, replacing more than 5,000 subway and commuter rail cars, and electrifying
2023-10-05 01:29
AMC Theaters scraps plans to charge more for good seats
AMC Theaters said Thursday it is ending its "Sightline" tiered seat-pricing pilot, which it began earlier this year, in which moviegoers who sat up by the front of the theater directly next to the screen paid less for a ticket compared to those who chose more desirable seats in the middle of the theater.
2023-07-21 03:58
Asia Stocks Primed to Rally as Fed Rate Peak Nears: Markets Wrap
Asian equities were set to climb Thursday after US inflation slid to a two-year low, easing pressure on
2023-07-13 06:45
Drugmaker Novo Nordisk overtakes LVMH as Europe's most valuable company
By Lucy Raitano and Danilo Masoni LONDON (Reuters) -Danish drugmaker Novo Nordisk unseated LVMH as Europe's most valuable listed company
2023-09-02 00:27
Javier Milei wants Argentina to swap the peso for the US dollar. Here's what that could mean
A chainsaw-wielding, self-professed "anarcho-capitalist" is now one step closer to overhauling Argentina's beleagured economy — by throwing out the nation's peso currency and adopting the US dollar as legal tender.
2023-10-24 02:48
UK Tells Banks to Do More to Help Savers Access Best Rates
Banks must “accelerate” efforts to make it easier for customers to access their best savings rates, the latest
2023-07-07 02:26
Canadian factory activity slows further in June
By Fergal Smith TORONTO Contraction in Canada's manufacturing sector deepened slightly in June as an uncertain economic outlook
2023-07-04 21:46
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