US Consumer Year-Ahead Inflation Expectations Lowest Since 2021
US short-term inflation expectations fell in early June to a more than two-year low, helping drive consumer sentiment
2023-06-16 22:59
Adobe Gains After Raising Forecasts on AI Features Roll-Out
Adobe Inc. shares gained after the company raised its full-year revenue and profit outlooks on optimism that generative
2023-06-16 22:16
Biggest Crypto Stablecoin Tether Was Once Backed by Chinese Securities
Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the
2023-06-16 21:27
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter
2023-06-16 21:22
UK Faces Early Hosepipe Ban as Drinking Water Stocks Run Low
Southeast England faces a hosepipe ban later this month, after dry weather and record demand strained a utility’s
2023-06-16 21:21
Richard Branson’s Virgin Galactic Sets June Date for First Commercial Spaceflight
Virgin Galactic Holdings Inc., Richard Branson’s space-tourism venture, surged after announcing that its long-awaited first commercial passenger mission
2023-06-16 19:56
Intel Set to Gain $11 Billion Subsidy for German Chip Plant
Intel Corp. is set to receive almost $11 billion in subsidies from the German government for a chip
2023-06-16 19:21
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
2023-06-16 18:53
Billionaire Forrest ‘Can’t Wait Forever’ for $80 Billion Congo Hydro Deal
Australian mining billionaire Andrew Forrest warned he “can’t wait forever” to seal a deal with the Democratic Republic
2023-06-16 17:56
Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:57
EU Takes Tougher Stance on Huawei as China Tensions Rise
The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp.
2023-06-16 15:47
Shell Challenged on Net Zero After Fossil-Fuel Investment Boost
Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how
2023-06-16 15:45