Expect more rate hikes from the Fed after the latest jobs report
An interest rate hike later this month was already in the cards for the Federal Reserve. But after the June jobs report, the timing of a second hike remains unclear.
2023-07-08 02:56
EMEA credit rating trends see bright spots - S&P
A clearer outlook on the United States' monetary policy cycle, economic policy adjustments and fewer energy price shocks
2023-07-08 01:19
DWS' former CEO Woehrmann under investigation in greenwashing probe - source
By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS's former chief executive Asoka Woehrmann
2023-07-07 22:17
Some investors are shunning Wall Street's tech frenzy
While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the "all-in on tech stocks" trend and opting for a more diversified strategy.
2023-07-07 19:59
Yellen criticises Chinese curbs against US firms
The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.
2023-07-07 18:45
Japanese workers are finally seeing their pay jump
Wages in the world's third largest economy grew at the fastest pace in 28 years in May.
2023-07-07 12:20
Rothschild family buys 8.2 million shares of Paris-listed investment bank
Concordia said on Thursday it had acquired all the shares it was permitted to acquire of Rothschild &
2023-07-07 06:58
China must rethink its reliance on property sales to see real growth
The country's economy was expected to blast out of the blocks after Covid - but that hasn't happened.
2023-07-07 06:22
Fed lending to banks eases a bit in latest week
NEW YORK Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said.
2023-07-07 04:51
Largest federal transportation grant ever awarded to critical NY-NJ tunnel project
The replacement for a crumbling underwater tunnel connecting New York City and New Jersey that carries up to 200,000 people daily just received the largest-ever federal transportation grant, according to Senate majority leader Chuck Schumer.
2023-07-07 02:18
Small U.S. homebuilders tap the brakes as credit squeeze, rising rates hurt
By Ananta agarwal Small U.S. homebuilders are backing off from bringing more houses to the market, discouraged by
2023-07-07 01:16
Insight Partners raises $118 million fund to back underrepresented VCs
By Krystal Hu Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital
2023-07-06 20:27