Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules
Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US
1970-01-01 08:00
Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
1970-01-01 08:00
SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week,
1970-01-01 08:00
Peloton Shares Tumble as Doubts Over Growth Path Spur Analyst Downgrade
Peloton Interactive Inc. dropped the most in more than six weeks on Wednesday after Wolfe Research LLC downgraded
1970-01-01 08:00
FTC Sues Amazon for Sabotaging Consumer Attempts to Cancel Prime
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up
1970-01-01 08:00
Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
1970-01-01 08:00
Odey Funds Bleeding Assets Remain Open to Retail Investors
Funds run by Odey Asset Management and its affiliate have been facing an uncertain future after many partners
1970-01-01 08:00
PIF-Backed Oil Driller Gets Approval for $1 Billion Riyadh IPO
Ades Holding, the oil and gas driller backed by Saudi Arabia’s sovereign wealth fund, has received regulatory approval
1970-01-01 08:00
Rakuten’s Rating Cut on Uncertainty About Mobile Business
Rakuten Group Inc.’s credit rating was cut by Japan Credit Rating Agency Ltd., citing uncertainty about the outlook
1970-01-01 08:00
Ghana Economy Expands 4.2% in First Quarter, Beats Estimates
Ghana’s economy grew faster than anticipated in the first quarter, driven by the services and agricultural sectors. Gross
1970-01-01 08:00
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
1970-01-01 08:00
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
1970-01-01 08:00