
Iconic Freddie Mercury memorabilia sells for over £3 mn
The piano Queen frontman Freddie Mercury used to compose almost all of his greatest songs and the original manuscript for "Bohemian Rhapsody" were snapped up for over £3 million Wednesday when they...
2023-09-07 06:46

Possible Fed overtightening makes recession more likely than not, Deutsche Bank says
NEW YORK Despite recent optimism around the U.S. economy, a recession remains a more likely scenario than a
2023-09-07 06:26

Genesis Global Capital seeks to recoup over $600 million unpaid DCG loans
NEW YORK Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit,
2023-09-07 05:50

Freeland Calls Bank of Canada Rate Hold ‘Welcome Relief’
Prime Minister Justin Trudeau’s government praised the Bank of Canada for holding interest rates steady, a rare public
2023-09-07 05:49

Former Amazon executive Dave Clark to resign as Flexport CEO
LOS ANGELES Former Amazon executive Dave Clark on Wednesday announced that he will resign as CEO of Flexport,
2023-09-07 05:23

Ex-US prison counselor admits accepting bribe from Galleon's Rajaratnam
By Nate Raymond BOSTON A former correctional counselor at a federal prison in Massachusetts pleaded guilty on Wednesday
2023-09-07 05:19

'Immaculate disinflation' is the new economic buzzword. But what does it mean?
Economists added yet another term to their lexicon in recent months: immaculate disinflation.
2023-09-07 05:15

Oil could hit $107 due to Saudi Arabia's and Russia's supply cuts, Goldman Sachs warns
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don't unwind their aggressive supply cuts, Goldman Sachs warned its clients.
2023-09-07 04:50

US Senate confirms Jefferson as Fed vice chair; other nominees await votes
By Ann Saphir and Richard Cowan (Reuters) -The U.S. Senate overwhelmingly voted on Wednesday to confirm Philip Jefferson to be
2023-09-07 04:49

American Eagle Outfitters lifts annual revenue forecast on steady demand
(Reuters) -American Eagle Outfitters raised its annual revenue forecast on Wednesday, betting on steady demand for its wide-legged pants, tops
2023-09-07 04:47

Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
2023-09-07 04:27

Google to make disclosure of AI-generated content mandatory for election advertisers
Alphabet Inc's Google will make it mandatory for all election advertisers to add a clear and conspicuous disclosure
2023-09-07 04:21