UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
1970-01-01 08:00
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
1970-01-01 08:00
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
1970-01-01 08:00
Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers are poised to approve a massive overhaul of the laws governing the state’s multibillion-dollar liquor industry, changes that are supported by small craft brewers, like the makers of Spotted Cow beer, bar owners and alcohol distributors
1970-01-01 08:00
Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans
Federal Reserve Chair Jerome Powell will begin two days of hearings before Congress on Wednesday that will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here
1970-01-01 08:00
Yuan Drops to Key 7.2 Level on Slow Stimulus, PBOC’s Greenlight
China’s yuan weakened past the closely watched 7.2-per-dollar level as investor sentiment soured on a lack of aggressive
1970-01-01 08:00
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks through 2027 for consumers buying clean cars to support the electric vehicle industry, which
1970-01-01 08:00
UC Davis stabbings suspect isn't competent to stand trial, psychologist tells court -- but the matter isn't settled
A former University of California, Davis, student accused of killing two people and injuring another in stabbings near campus this year is not competent to stand trial, according to the opinion of a court-appointed psychologist presented in court on Tuesday.
1970-01-01 08:00
Foreign companies are shifting investment out of China as confidence wanes, business group says
A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges
1970-01-01 08:00
Thai Coalition Says Nearing Senate Nod for Pita Premiership
A coalition of pro-democracy parties that swept Thailand’s general election last month said it is close to securing
1970-01-01 08:00
Braves get promising update on Sean Murphy hamstring injury
The Atlanta Braves received a positive update on catcher Sean Murphy, who has been dealing with a hamstring injury suffered this past Saturday.The Atlanta Braves have dealt with their fair share of injuries so far this season, but they still sit in first place in the NL East. But this past Satur...
1970-01-01 08:00
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic
1970-01-01 08:00