US Consumer Borrowing Rises at Slowest Pace Since Late 2020
US consumer borrowing slowed to a more than two-year low in May, reflecting the first decline in non-revolving
2023-07-11 03:52
Used-Car Prices Fall by the Most Since the Start of the Pandemic
Used-car prices in the US fell 4.2% in June, their biggest monthly drop since the early days of
2023-07-11 01:53
Attackers Torch Trucks on Key South African Trade Routes
Unidentified assailants set fire to five trucks on a key trade corridor in South Africa on Monday, the
2023-07-11 00:23
Russian Oil Price at Western Port Creeps Closer to Sanctions Cap
The price of Russian oil at one of its Western ports is the closest to the price cap
2023-07-11 00:19
Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 00:18
Chocolate Prices Keep Rising, but That's Not Stopping Americans From Buying
Americans are still willing to spend on chocolate, even as higher prices mean that they’re getting less for
2023-07-10 23:49
Rising ‘Anti-ESG’ Sentiment in US Is Impacting Funds, HSBC Says
The backlash against investing strategies that factor in environmental, social and governance issues is rising in the US
2023-07-10 23:16
Banks Face Higher Capital Requirements in Plan From Fed’s Barr
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash
2023-07-10 22:19
Goldman Analysts’ Bearish China Bank View Draws Fresh Rebuke
A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from a
2023-07-10 21:57
Egypt’s Inflation Soars Past 35% in Record Fueled by Food
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 21:25
European Stocks Advance After Worst Weekly Slump Since March
European stocks gained on Monday after dropping most since March last week, with investors bracing for the earnings
2023-07-10 20:49
Raise Taxes to Curb Inflation, Leading UK Economist Tells Sunak
The UK government should raise taxes to help the Bank of England tame soaring prices if it’s serious
2023-07-10 20:46