The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
DuPont, Chemours and Corteva to Pay $1.19 Billion in Forever-Chemicals Deal
DuPont de Nemours Inc., Chemours Co. and DuPont spinoff Corteva Inc. said they have agreed to pay $1.185
2023-06-02 22:53
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:46
SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:59
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:48
Amazon Is in Talks to Offer Free Mobile Service to US Prime Members
Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service
2023-06-02 21:16
BofA Says AI Frenzy Drives Record Inflows Into Tech
The buzz around artificial intelligence has investors pouring a record amount of money into tech stocks, Bank of
2023-06-02 20:55
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand
2023-06-02 16:55
Airlines Scour Globe for Capacity as Plane Shortage Takes Toll
The massive aircraft deals announced this year — from Air India’s record 470-plane order in February to newcomer
2023-06-02 16:27
SBB Attracts Brookfield Interest in Effort to Rescue Landlord
Swedish landlord SBB has attracted interest from investors including Brookfield Asset Management, as the property tycoon at the
2023-06-02 16:23
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.6 billion rally in K-pop stocks looks set to power on, as a growing global fan base
2023-06-02 15:51
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:52