Two Senate Votes Advance Biden Goal of Greater Diversity at Fed
The Senate confirmed the second Black American to serve as the Federal Reserve’s vice chair in its 109-year
2023-09-07 07:57
Hedge Funds Say It’s Too Risky to Short Dollar on US Rates Hazard
The dollar’s recent strength has confounded naysayers, and according to some hedge funds, the rally isn’t over. K2
2023-09-07 07:57
China’s Credit Wreck Exposes Governance Failings to the World
For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade
2023-09-07 07:54
Biden Looks to Woo Back Allies as Putin, Xi Skip G-20 Summit
President Joe Biden aims to seize on the absence of two key adversaries at this week’s Group of
2023-09-07 07:52
Flexport Founder Ryan Petersen to Return as CEO After Dave Clark Resigns
Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company,
2023-09-07 07:29
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
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
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