Fed’s Bowman Again Urges Multiple Rate Hikes to Curb Inflation
Federal Reserve Governor Michelle Bowman again said that multiple interest-rate hikes may be required to get inflation down
2023-10-03 00:57
Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs
By David Randall NEW YORK Strong upcoming earnings results could reverse the decline in mega-cap technology and growth
2023-10-02 23:47
Discover Financial jumps 7% after agreeing with FDIC to improve consumer compliance
Shares of Discover Financial Services climbed 7% on Monday after the bank agreed to improve its consumer compliance
2023-10-02 23:22
UK’s Transport Secretary Attacks ‘Sinister’ Local Government Traffic Measures
UK Transport Secretary Mark Harper attacked local government efforts to rein in road congestion, tapping in to fringe
2023-10-02 22:47
GM furloughs another 160 workers due to UAW strike
By David Shepardson (Reuters) -General Motors said Monday it was indefinitely laying off about 160 workers at plants in Indiana
2023-10-02 22:47
Birkenstock Draws Norwegian Wealth Fund to $1.6 Billion IPO
Birkenstock Holding Ltd. and its private equity owner are seeking as much as $1.6 billion from an initial
2023-10-02 22:46
Wall St set to open lower as yields rise ahead of Powell speech
By Shubham Batra and Shashwat Chauhan (Reuters) -Wall Street was set to open lower on Monday as the 10-year Treasury
2023-10-02 20:52
A landmark marijuana bill is headed to the Senate floor
The Senate Banking Committee approved a historic marijuana banking bill last week that breaks barriers between financial institutions and cannabis companies.
2023-10-02 19:54
Germany's Birkenstock aims to raise up to $1.58 billion in US IPO
(Reuters) -Birkenstock, the German premium footwear brand backed by private-equity firm L Catterton, said on Monday it was seeking to
2023-10-02 19:28
US new auto sales likely rose in Q3, but UAW strikes may pose speed bump
By Shivansh Tiwary U.S. new vehicle sales likely rose in the third quarter on improving supply and steady
2023-10-02 19:25
Explainer-What would Japanese intervention to boost the weak yen look like?
By Leika Kihara TOKYO Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen,
2023-10-02 17:57
Mack Trucks strike narrowly avoided as company reaches tentative deal with UAW union
A tentative contract agreement has been reached between Mack Trucks and thousands of its auto workers, the United Auto Workers union announced late Sunday, narrowly averting a strike at the company.
2023-10-02 17:49