Federal Reserve is likely to skip a rate hike at pivotal meeting Wednesday yet signal more to come
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation
2023-06-14 12:19
Canada Proposes Tougher Bank Capital Rules on Extended Mortgages
Canada’s banking regulator is proposing to make it more costly for lenders to accommodate mortgage borrowers who stretch
2023-07-12 06:21
UAW president says auto strike would hurt mostly 'billionaire class'
United Auto Workers President Shawn Fain denied Monday the broad economy will be hurt if his union goes on strike against the nation's three unionized automakers as soon as this week, saying the only ones that will be hurt by a work stoppage is are the "billionaire class."
2023-09-12 09:28
Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says
The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies
2023-10-30 19:23
UAE's Abu Dhabi sees strong industrial sector growth amid diversification push
(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU
2023-07-19 22:57
Orsted Slumps as US Wind Cost Ruling Stokes Writedown Fear
Shares in Orsted A/S fell the most in more than a month after New York regulators ruled against
2023-10-13 17:59
Analysis-Options investors guard against U.S. stock tumble, despite buoyant markets
By Saqib Iqbal Ahmed NEW YORK Options market demand for insurance against a stock market crash has soared
2023-05-10 13:28
FTC warns food industry trade groups and influencers about disclosures on paid social media posts
The Federal Trade Commission says it issued warnings to two food and beverage industry groups, as well as to a dozen online influencers and dieticians for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products
2023-11-16 05:59
IMF says US government shutdown is 'avoidable risk,' urges parties to reach consensus
WASHINGTON The International Monetary Fund on Thursday said a looming shutdown of the U.S. government posed an "avoidable
2023-09-28 23:23
Oil Holds Near Four-Month High as Report Sees US Stockpile Gain
Oil steadied in Asia — after closing at the highest since mid-April on concerns about an escalation of
2023-08-09 08:29
Fed Chair Powell to testify at US Senate June 22
Federal Reserve Chair Jerome Powell will testify at the U.S. Senate Banking Committee on June 22 at 10
2023-06-03 02:55
HighVista Strategies Buys US Private Markets Business From Abrdn
Alternative money manager HighVista Strategies LLC, said it’s buying the private markets subsidiary of one of Scotland’s largest
2023-07-22 05:57
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