US Consumer Year-Ahead Inflation Expectations Lowest Since 2021
US short-term inflation expectations fell in early June to a more than two-year low, helping drive consumer sentiment
2023-06-16 22:49
Michael Jordan selling majority ownership stake in Charlotte Hornets
Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday
2023-06-16 22:48
Fed Officials Say Rates May Need to Go Higher to Tame Inflation
Two Federal Reserve officials said the central bank may have to raise interest rates further to tame price
2023-06-16 22:18
Odey Asset Management suspends further funds after investor flight- website
LONDON Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund's website
2023-06-16 21:28
Fed's Barkin says "comfortable doing more" if inflation does not fall
By Howard Schneider WASHINGTON Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest
2023-06-16 21:21
Biggest Crypto Stablecoin Tether Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the
2023-06-16 21:19
No Czech rate hike this year, but outlook for cuts shifts to Q4: Reuters poll
By Jason Hovet PRAGUE The Czech National Bank is likely to opt against hiking interest rates further but
2023-06-16 21:19
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter
2023-06-16 21:16
ECB’s Villeroy Urges Caution Over Bets on Future Rate Hikes
European Central Bank Governing Council member Francois Villeroy de Galhau said investor bets on interest-rate hikes are “excessively
2023-06-16 20:23
China Continues to Rescue Pakistan Amid Uncertain IMF Bailout
Pakistan is pinning hopes that China will continue to ease its payments pressure by extending loans as concerns
2023-06-16 20:17
Factbox-European companies cut jobs as economy sputters
Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring
2023-06-16 19:55
Amazon’s $1.7 Billion iRobot Deal Gets UK Deal Clearance
Amazon.com Inc.’s proposed $1.7 billion deal to buy robot vacuum firm iRobot Corp. was given the all-clear by
2023-06-16 18:54