Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:56
First Citizens Deposits Beat Estimates in Wake of SVB Deal
First Citizens BancShares Inc.’s deposits surpassed estimates following its rescue deal for Silicon Valley Bank after a run
2023-05-10 19:55
Disney board axed X-rated, liquor stores; forgot about jails
Before allies of Gov. Ron DeSantis took over, Disney World’s governing district reached an agreement in February with the company to prohibit a long list of businesses from ever being operated on its property
2023-05-10 19:47
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:27
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:58
Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
2023-05-10 18:54
Edmunds compares: Honda Pilot vs. Hyundai Palisade
The Honda Pilot and Hyundai Palisade are midsize SUVs with three rows of seating and a reputation for comfort and value
2023-05-10 18:50
Futures lower as focus shifts to inflation data
U.S. stock index futures were lower on Wednesday as investors awaited a key reading on inflation to see
2023-05-10 18:45
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
2023-05-10 18:23
The Fed would look 'silly' if it declares victory over inflation now, warns billionaire investor David Rubenstein
Wall Street is betting the Federal Reserve will reverse course and begin slashing interest rates as soon as this summer. Billionaire David Rubenstein is warning that would be a mistake.
2023-05-10 17:57
Ukraine Latest: Kyiv Well Supplied for Counteroffensive, US Says
Ukrainian forces have the weapons, the training and the “right plans” ahead of an expected counteroffensive, US Secretary
2023-05-10 17:55
VW Annual Meeting Hit by Protests Over Climate Strategy, China
Volkswagen AG shareholders gathering in Berlin contended with climate protesters blocking access to the venue after gluing themselves
2023-05-10 17:52