The Fed probably won't cut rates anytime soon. Why that's good news for markets
Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that's battered markets and tested investor morale. Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe.
2023-05-14 20:26
Fed's Bowman: more policy tightening likely appropriate
The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor
2023-05-12 15:16
China cbank set to keep policy rate unchanged in May
SHANGHAI/SINGAPORE China's central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing
2023-05-12 13:48
Private equity investor identified as political contributor allegedly duped by George Santos
Private equity investor Andrew Intrater is one of the people federal prosecutors allege Rep. George Santos induced to donate money as part of an alleged scheme that diverted purported political contributions to Santos' personal use, Intrater's lawyer confirmed to CNN on Thursday.
2023-05-12 08:29
Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
2023-05-11 19:21
Emirates airline creates $200 million aviation sustainability fund
DUBAI (Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the
2023-05-11 13:59
Explainer-Parsing the Fed's path to pause rate hikes
By Howard Schneider WASHINGTON Federal Reserve officials may still be fighting an inflation war, but they nevertheless opened
2023-05-10 22:47
Dubai DXB airport Q1 passenger traffic reaches 96% of pre-pandemic level
DUBAI Dubai's main airport registered a 55.8% increase in passenger traffic in the first quarter of this year
2023-05-09 11:58