Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
Signs of moderating price pressures in April will give Federal Reserve officials room to pause their aggressive tightening
2023-05-10 23:18
First Citizens BancShares records $9.8 billion gain from Silicon Valley Bank purchase
First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its
2023-05-10 22:53
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:49
Rivian results boost shares out of EV startup gloom
By Akash Sriram Shares of Rivian Automotive Inc rose 11% on Wednesday as its positive earnings stood out
2023-05-10 21:47
Starbucks adds $1 surcharge for some Refreshers orders
Fans of Starbucks' Refresher drinks will have to pay more if they don't add water.
2023-05-10 21:23
US April CPI rise gives Fed little room for pivot soon
NEW YORK U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained
2023-05-10 21:19
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
2023-05-10 21:16
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
2023-05-10 20:58
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI The political crisis engulfing Pakistan is eroding hopes
2023-05-10 20:26
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:20
Airbnb tumbles as forecast hints at easing U.S. travel demand
Airbnb's shares slid 13% before the bell on Wednesday after the top vacation rental firm issued a gloomy
2023-05-10 19:58
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:57