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Better supervision needed after bank failures: US Fed chair
Better supervision needed after bank failures: US Fed chair
US Federal Reserve Chair Jerome Powell said Thursday that stronger regulation and greater agility was required in supervising the banking sector following a string of...
2023-06-29 19:54
US economy likely generated 200,000 new jobs in July, showing more resilience in face of rate hikes
US economy likely generated 200,000 new jobs in July, showing more resilience in face of rate hikes
The American economy has generated at least 200,000 new jobs for a record 30 straight months
2023-08-04 12:16
Homebuilder Lennar Corp beats quarterly profit estimates
Homebuilder Lennar Corp beats quarterly profit estimates
Homebuilder Lennar Corp on Wednesday beat analysts' estimates for second-quarter profit, helped by higher home prices as upbeat
2023-06-15 04:54
Xi Wants Safety Standards Raised After Deadly Gas Blast Kills 31
Xi Wants Safety Standards Raised After Deadly Gas Blast Kills 31
Thirty-one people were killed by a gas explosion at a barbecue restaurant in northwestern China on Wednesday night,
2023-06-22 12:19
China police detain some Evergrande wealth management staff
China police detain some Evergrande wealth management staff
BEIJING Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a
2023-09-17 12:48
How a 5% US benchmark Treasury yield could further roil markets
How a 5% US benchmark Treasury yield could further roil markets
By Saqib Iqbal Ahmed NEW YORK A relentless selloff in U.S. government bonds has brought Treasury yields to
2023-10-20 07:24
Schwab slashes fees on more fixed income ETFs
Schwab slashes fees on more fixed income ETFs
By Suzanne McGee Schwab Asset Management on Monday said it cut fees on the Schwab High-Yield Bond ETF
2023-09-26 06:00
BlackRock's CEO says inflation remains sticky, expects more rate hikes
BlackRock's CEO says inflation remains sticky, expects more rate hikes
NEW YORK BlackRock Inc Chief Executive Laurence Fink said on Wednesday that inflation remains sticky and the Federal
2023-06-01 01:23
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the
2023-07-28 07:58
Moderna inks deal to make mRNA medicines in China
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:45
Amazon, Walmart court early holiday shoppers in US with limited-time deals
Amazon, Walmart court early holiday shoppers in US with limited-time deals
By Arriana McLymore NEW YORK Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and
2023-10-10 18:16
South Africa Business Mood Slips as Car Dealer Sentiment Plunges
South Africa Business Mood Slips as Car Dealer Sentiment Plunges
South African business sentiment dropped in the fourth quarter as subdued demand sent new-vehicle dealers’ confidence to the
2023-11-21 18:56