Starbucks' sales in China come roaring back
Starbucks' China business is back after dropping due to Covid restrictions last year.
2023-08-02 06:20
Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
Ratings agency Fitch on Tuesday downgraded the United States' long-term foreign currency ratings to AA+ from AAA, reflecting
2023-08-02 06:20
Allstate posts bigger loss as catastrophe claims rise
Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset
2023-08-02 06:19
Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades
2023-08-02 06:18
US pistol brace rule likely illegal, federal appeals court rules
(In paragraph 2, please read "A 2-1 panel" instead of "In a unanimous decision." Corrects vote. In paragraph 10, please
2023-08-02 06:18
Peru economy shrinks for two straight quarters, minister denies recession
Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two
2023-08-02 06:17
Fitch cuts US government's AAA credit rating by one notch
Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating to AA+ from AAA, citing an
2023-08-02 05:58
Body of Goldman Sachs banker pulled from NYC creek after he vanished from concert
The body of a Goldman Sachs staffer has been pulled from a New York City waterway nearly three days after he vanished from a concert venue. Twenty-seven-year-old John Castic was last seen at a concert at The Brooklyn Mirage in the Brooklyn neighbourhood of East Williamsburg. The NYPD said earlier this week that Castic, originally from Illinois, left the venue around 3am on Saturday. His father, Jeffrey Castic, told Fox News Digital that his body was found floating in a section of Newtown Creek on Tuesday afternoon less than two miles from where he vanished. “They have found his body and confirmed it’s him,” Mr Castic told the outlet. “It appears to have been death by misadventure. His wallet and phone were found on him.” Castic’s body was first noticed by a passerby who alerted law enforcement. NYPD Harbor units then responded to the scene and recovered his remains. Castic graduated DuPaul University in 2020 and went on to work at different firms before joining Goldman Sachs as a senior analyst in August 2022. “He was so smart but, in the end, he did something dumb, and it cost him,” Mr Castic told Fox. “We think he might have been impaired, we do not know, and it was just a lapse of judgment.” Law enforcement does not suspect foul play at this time, according to The New York Post. Castic’s friend Sara Kostecka told the outlet that the young man was an “amazing friend.” “He is very charismatic, high-energy with a good sense of humor,” Ms Kostecka told the Post. “Whatever happened, he did not deserve this.” Read More Ira Sachs wanted to make 'a film of intimacy.' It got him an NC-17 rating Rex Heuermann’s defence buried in mountain of evidence as he faces court in Gilgo Beach murders case Lori Vallow - update: ‘Cult mom’ smirks in new mug shot after denying murders in bizarre sentencing statement
2023-08-02 05:58
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:57
Astros rotation preview: How Justin Verlander changes everything
The Houston Astros made a huge trade deadline deal to acquire their former ace, Justin Verlander. What will their rotation look like down the stretch?Pre-trade deadline Astros pitching rotationFramber Valdez, Christian Javier, Hunter Brown, Brandon Bielak, J.P FranceBefore the trade deadline...
2023-08-02 05:57
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:52
MLB trade grades: White Sox send Burger with a side of fries to the Marlins
The Miami Marlins continue their push for a postseason berth by acquiring slugger Jake Burger from the Chicago White Sox.When it comes to surprising teams in MLB, the Miami Marlins fit the bill. They missed out on the postseason last year, brought in a new manager in Skip Schumaker, and traded f...
2023-08-02 05:52
