
Turkish lira surges after Erdogan backs huge rate hike
Turkey's troubled lira surged Thursday after the central bank delivered a much larger than expected interest rate hike that broke free from President Recep Tayyip...
2023-08-24 22:27

Ecuador says vote to halt Amazon oil drilling a 'terrible precedent'
Ecuador's energy minister said Wednesday that a vote to halt drilling in an Amazon oil block set a "terrible precedent" and it would be a long and...
2023-08-24 22:19

T-Mobile to lay off 5,000 employees
T-Mobile on Thursday announced it plans to lay off 5,000 employees, or around 7% of its total staff, over the next five weeks.
2023-08-24 22:15

CNN is launching a live service on Max with new programming as the network reboots its streaming efforts
CNN is heading to the Max streaming platform.
2023-08-24 21:50

US FAA hires 1,500 air traffic controllers but staffing challenges remain
By David Shepardson WASHINGTON The U.S. Federal Aviation Administration said on Thursday it had met its goal of
2023-08-24 21:15

Employment figure hits record high in Republic of Ireland
The percentage of people aged 15-64 who are in work in the Republic of Ireland is at an all-time high.
2023-08-24 20:51

Mexico's inflation slows for 7th fortnight in a row, rates still seen on hold
Mexico's headline inflation slowed in early August for the seventh consecutive fortnight, official data showed on Thursday, meeting
2023-08-24 20:46

US jobless claims fall as labor market remains tight
By Safiyah Riddle The number of Americans filing new claims for unemployment benefits fell last week, as labor
2023-08-24 20:45

Dollar rises ahead of Jackson Hole, Turkish lira rallies
By Joice Alves LONDON The dollar rose on Thursday as investors awaited for U.S. job data ahead of
2023-08-24 20:17

Turkey’s central bank raises interest rates again in another sign of normalizing economic policy
Turkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies
2023-08-24 19:54

Could Fed Chair Powell's Jackson Hole speech send stocks plunging again?
With Nvidia earnings out of the way, the next test for US markets is Federal Reserve Chair Jerome Powell's annual speech at the Jackson Hole economic summit on Friday.
2023-08-24 19:51

Roark Capital Set to Win Bidding for Subway in $9 Billion Deal
Roark Capital Group is poised to win the race to acquire US sandwich chain Subway, people with knowledge
2023-08-24 19:51