
Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:26

Stellantis in talks for parts and material recycling JV with Galloo
MILAN Carmaker Stellantis and Belgian metals recycler Galloo have entered exclusive talks to create a joint venture focused
2023-06-05 20:26

Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 19:51

OpenAI boss 'heartened' by talks with world leaders over will to contain AI risks
The CEO of OpenAI says he is encouraged by a desire shown by world leaders to contain any risks posed by the artificial intelligence technology his company and others are developing
2023-06-05 19:48

Who runs marketing firm responsible for Dylan Mulvaney's disastrous Bud Light partnership? Company in 'serious panic mode'
Captiv8, the creative agency responsible for connecting Dylan Mulvaney to Anheuser-Busch, was immediately terminated after the Bud Light controversy
2023-06-05 19:29

First on CNN: US senators question Twitter's privacy compliance under Elon Musk
Four US senators are scrutinizing Twitter's privacy practices and questioning whether the platform under CEO Elon Musk flouted consumer protection law following widespread layoffs and resignations, highlighting vast legal risks for Twitter and Musk.
2023-06-05 19:27

Exclusive-Musk's Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor Elon Musk's brain implant startup Neuralink, which was valued at
2023-06-05 18:48

Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C Tighter lending standards from regional banks are making it harder for U.S.
2023-06-05 18:48

Analysis-Strong economy puts Bank of Canada's 4-month rate hike pause in doubt
By Steve Scherer OTTAWA The Bank of Canada (BoC) became the first major global central bank to pause
2023-06-05 18:27

China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 18:26

Analysis-Debt-ceiling deal ignores US debt time bomb
By David Lawder and Andy Sullivan WASHINGTON Republicans and Democrats are touting a hastily-written debt ceiling deal that
2023-06-05 18:24

Ukraine’s European Neighbors Set to Extend Grain Import Ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move
2023-06-05 18:20