Tech billionaires' cage match? Musk throws down the gauntlet and Zuckerberg accepts challenge
Elon Musk and Mark Zuckerberg are ready to fight, offline
2023-06-22 23:22
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:17
Kenya's new tax package angers some backers of president who once vowed to reduce cost of living
Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with supporters of the president who once vowed to reduce the cost of living
2023-06-22 22:55
Overstock wins auction for some Bed Bath & Beyond assets
Online retailer Overstock.com has won the auction for some assets of Bed Bath & Beyond, including the bankrupt
2023-06-22 22:51
Home sales inch up in May amid record-low inventory and biggest annual drop in prices since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
2023-06-22 22:21
Stock market today: Wall Street follows global markets lower after more rate hikes
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
2023-06-22 21:54
NRG Energy Lifts Buybacks, Considers Board Changes After Criticism by Activist Firm Elliott
NRG Energy Inc. said it is boosting share buybacks and plans to refresh its board after activist investor
2023-06-22 21:53
German rail union threatens open-ended strikes over pay dispute
A German rail workers’ union says it will ask its members to vote on all-out strike action after long-running salary talks with the main national railway operator broke down
2023-06-22 21:26
FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
2023-06-22 21:26
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:54
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:50