Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:54
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:51
Devtech Appoints Seasoned Technology Executive Michael Carr as CFO
LONDON--(BUSINESS WIRE)--May 24, 2023--
2023-05-24 19:50
Russia's Wagner boss says more than 20,000 of his troops died in Bakhmut battle
The head of the Russian private army Wagner says his force lost more than 20,000 soldiers in the drawn-out battle for Bakhmut, with about 20% of the 50,000 Russian convicts he recruited to fight in the 15-month war dying in the eastern Ukrainian city
2023-05-24 19:50
Abercrombie & Fitch raises annual sales forecast, shares jump 20%
(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories
2023-05-24 19:48
Kohl's maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday,
2023-05-24 19:26
African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global
2023-05-24 19:26
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO Canada's main stock index will rally less than previously expected in 2023 as higher
2023-05-24 19:25
Canada's BMO, Scotiabank report lower income on higher provisions
Bank of Montreal and Bank of Nova Scotia on Wednesday reported lower adjusted earnings at home as the
2023-05-24 19:16
US aircraft carrier arrives in NATO member Norway, to take part in drills
A U_S_ aircraft carrier has arrived in Oslo with the Norwegian armed forces saying it gives them “a unique opportunity to further develop cooperation and work more closely with our most important ally, the United States.”
2023-05-24 18:49
Perfect Corp. Debuts Advanced Finger and Wrist Sizing Technology for Accurate Product Fitting and Realistic Jewelry Virtual Try-On Effects
NEW YORK--(BUSINESS WIRE)--May 24, 2023--
2023-05-24 18:48
China defends ban on US chipmaker Micron, accuses Washington of 'economic coercion'
The Chinese government has defended its ban on products from U.S. memory chipmaker Micron Technology Inc. in some computer systems after Washington expressed concern
2023-05-24 18:47