Large US homebuilders raise prices as existing home supply remains tight
By Ananta Agarwal Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute
2023-08-25 23:54
Fed's Powell says central bank may need to raise interest rates further
NEW YORK/LONDON The U.S. Federal Reserve may need to raise interest rates further to ensure inflation is contained,
2023-08-25 23:21
UAW members authorize strike at Detroit Three automakers
Members of the United Auto Workers (UAW) union voted in favor of authorizing a strike at the Detroit
2023-08-25 23:16
Central bank efforts to cool inflation may harm innovation, study shows
By Howard Schneider JACKSON HOLE, Wyoming Central bank efforts to slow inflation, by raising borrowing costs and cooling
2023-08-25 22:56
3M settles US anti-bribery law charges in China unit, SEC says
3M Co has agreed to pay more than $6.5 million to resolve U.S. charges of Foreign Corrupt Practices
2023-08-25 22:50
US Commerce chief heading to China with aim of boosting business ties
By David Shepardson and Trevor Hunnicutt WASHINGTON U.S. Commerce Secretary Gina Raimondo visits China for four days starting
2023-08-25 22:17
Wells Fargo to pay $35mln penalty over excessive fees, U.S. SEC says
NEW YORK Wells Fargo has agreed to pay a $35 million civil penalty to settle U.S. charges that
2023-08-25 21:51
US equity funds see biggest weekly outflow in two months
Investors withdrew huge money out of U.S. equity funds in the seven days to Aug. 13 on worries
2023-08-25 21:18
Rate hike odds build as Fed's Powell gets set to speak
As investors wait anxiously for any hint of guidance on the interest rate outlook from Federal Reserve Chair
2023-08-25 21:15
Biden administration unveils new crypto tax reporting rules
By Hannah Lang Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users'
2023-08-25 20:47
AstraZeneca files litigation to challenge Inflation Reduction Act
British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program
2023-08-25 19:52
Marketmind: Dollar rockets as Powell trumps AI
A look at the day ahead in U.S. and global markets from Mike Dolan Hopes for a late August bloom
2023-08-25 18:28