
Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:56

Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:29

Brazil central bank kicks off rate cuts more aggressively than expected
By Peter Frontini SAO PAULO Brazil's central bank kicked off its rate-cutting cycle more aggressively than expected on
2023-08-03 07:28

Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:25

Asia Stocks to Fall as US Shares, Treasuries Drop: Markets Wrap
Asian equity futures fell after heavy selling in US stocks and long-dated Treasuries as investors digested data showing
2023-08-03 06:58

Apple's high-yield savings account hits over $10 billion in customer deposits
Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits,
2023-08-03 06:54

Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default
2023-08-03 06:48

K-pop Fans Are Fighting Big Coal to Protect Beach Made Famous by BTS
As heavy rains pummeled South Korea last month, K-pop fans braved stormy conditions to stage a protest on
2023-08-03 06:21

EVgo Taps Board Member Badar Khan to Succeed Cathy Zoi as CEO
Electric-car charging company EVgo Inc. said Chief Executive Officer Cathy Zoi will retire in November and be succeeded
2023-08-03 06:17

Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16

Trading Platform for College Students Sued by SEC Over Capital Rules
A former London Stock Exchange executive settled a Securities and Exchange Commission lawsuit over claims that he ran
2023-08-03 05:59

Fitch's historic downgrade may be a black eye for the US but not much more
There may not be any lasting major negative ramifications from the surprise US credit rating downgrade by Fitch this week — not for the economy, not for consumers and not for the government's ability to borrow.
2023-08-03 05:54