Why the Fed paused its rate hikes: It's tired of playing a giant guessing game
After 10 consecutive interest rate hikes, Federal Reserve officials announced on Wednesday that they would pause their fight against inflation to figure out whether the US economy was fully absorbing all that harsh medicine.
1970-01-01 08:00
Missiles target Kyiv as visiting African leaders push Ukraine and Russia for peace and grain
A delegation of leaders and senior officials from Africa have arrived in Ukraine seeking ways to end the invaded country's 15-month war and ensure food and fertilizer deliveries to their continent
1970-01-01 08:00
Amazon's $1.7 billion deal to buy Roomba maker iRobot gets UK approval
British antitrust regulators have cleared Amazon’s purchase of robot vacuum maker iRobot
1970-01-01 08:00
BOJ to weigh pros and cons of its tool-kit in review -governor
By Leika Kihara TOKYO The Bank of Japan will scrutinise the effects and side-effects of its unconventional monetary
1970-01-01 08:00
Ken Griffin Pushed to Testify in Ron Perelman’s $410 Million Art Fight
What do billionaire Ken Griffin, a Hamptons fire and Cy Twombly’s painting Untitled (1971) have in common? The
1970-01-01 08:00
'Nothing to hide': AIIB will investigate claims of Chinese Communist Party control
A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regional development bank, citing explosive claims that the Chinese Communist Party had infiltrated the institution.
1970-01-01 08:00
George Orwell's 1984 returned to Portland library after 65 years
Man returns George Orwell's dystopian novel to library decades late because of its relevance today.
1970-01-01 08:00
Nationwide, Atom Bank Join UK Lenders Hiking Mortgage Prices
Nationwide Building Society and Atom Bank Plc announced increases in mortgage rates on Thursday, joining a flurry of
1970-01-01 08:00
Investors pour into equities to 'chase the bull', says BofA
By Samuel Indyk LONDON Investors bought stocks and took money out of cash funds in the week to
1970-01-01 08:00
Teamsters will likely authorize a UPS strike Friday
Members of the Teamsters union are almost certain to approve a massive strike at UPS in a vote concluding Friday. A prolonged work stoppage could severely damage the economy -- but a strike is still more than seven weeks away, if it happens at all.
1970-01-01 08:00
Chinese president Xi Jinping stresses US-China cooperation in meeting with Bill Gates
Chinese leader Xi Jinping said the United States and China can cooperate to “benefit our two countries” in a meeting Friday with Microsoft Corp. co-founder Bill Gates
1970-01-01 08:00
IMF head welcomes Europe's interest rate hikes in campaign against inflation
The head of the International Monetary Fund has praised the European Central Bank’s decision to raise interest rate for the eighth time in a row
1970-01-01 08:00