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Powell's legacy tested by inflation, bank crisis, new Fed dynamics
Powell's legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic
2023-05-16 18:15
Home Depot cuts annual sales forecast on slowing demand
Home Depot cuts annual sales forecast on slowing demand
Home Depot Inc cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive
2023-05-16 18:10
Exclusive-Glencore's bid for Teck spurs call for Canada pensions to up domestic equity stake
Exclusive-Glencore's bid for Teck spurs call for Canada pensions to up domestic equity stake
By Divya Rajagopal TORONTO Glencore's hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have
2023-05-16 18:06
Tiger Brokers to Remove Cross-Border Trading App in China
Tiger Brokers to Remove Cross-Border Trading App in China
Up Fintech Holding, also known as Tiger Brokers, said it will remove its trading platform from mainland China
2023-05-16 18:05
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON Democratic President Joe Biden and top congressional Republican Kevin McCarthy will
2023-05-16 18:04
France Presents Bill to Rival US Support for Green Industry
France Presents Bill to Rival US Support for Green Industry
The French government presented a green industry bill including tax credits and targeted bonuses for electric vehicles, seeking
2023-05-16 18:04
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal
The former head of Volkswagen’s luxury division Audi has pleaded guilty to charges tied to the automaker’s diesel emissions scandal
2023-05-16 18:03
Marketmind: Biden, Republicans set for debt ceiling face-off
Marketmind: Biden, Republicans set for debt ceiling face-off
A look at the day ahead in U.S. and global markets from Samuel Indyk. Another day, another meeting
2023-05-16 18:03
Japan approves energy firms' household power price hike
Japan approves energy firms' household power price hike
TOKYO Japan's government on Tuesday has approved an increase in household electricity rates of made by seven major
2023-05-16 17:30
South Africa Unemployment Rate Rose for First Time in Over a Year
South Africa Unemployment Rate Rose for First Time in Over a Year
South Africa’s unemployment rate rose for the first time in more than a year and may continue climbing
2023-05-16 17:30
Investors Most Pessimistic So Far This Year, BofA Survey Shows
Investors Most Pessimistic So Far This Year, BofA Survey Shows
The mood among global fund managers soured further in May, with investors flocking to cash amid concerns that
2023-05-16 17:25
Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
BRUSSELS Euro zone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU's
2023-05-16 17:20
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