With bond-yields near 2-decade high, Wall Street's strong 2023 starts to deflate
Treasury yields surged in September and sapped the energy from a strong stock market as investors came to terms with the likelihood that interest rates will remain high well into next year
2023-10-05 20:20
GM to invest more than $1 billion in two Flint, Michigan, plants
General Motors plans to invest more than $1 billion in two manufacturing plants in Flint, Michigan in order to to prepare them for production of the next-generation internal combustion engine heavy-duty trucks
2023-06-05 22:15
EU proposal on using frozen Russian funds delayed to September
BRUSSELS A European Commission proposal to use frozen public Russian assets to help finance Ukraine will not be
2023-07-20 23:23
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:16
Mounting Union Wage Demands Risk Impeding Canada’s Inflation Fight
Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price
2023-08-18 20:24
Luminar Tech CEO to acquire majority stake in Forbes - WSJ
(Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/) (Reuters) -Luminar Technologies CEO Austin Russell is
2023-05-13 06:29
New Jersey American Water Completes Acquisition of Somerville Sewer System
CAMDEN, N.J.--(BUSINESS WIRE)--Oct 3, 2023--
2023-10-04 04:50
Cathie Wood’s Ark Pares Holdings of Top Pick Bitcoin Trust
While Cathie Wood has been touting her bullish stance on Bitcoin in recent months, her firm ARK Investment
2023-11-24 12:17
Huawei starts product launch event by thanking China for its support
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Huawei Technologies kicked off a product launch event on Monday by thanking
2023-09-25 16:58
Fed see key services inflation elevated with few signs of easing
By Howard Schneider Inflation in key parts of the U.S. service industry "remains elevated and has not shown
2023-06-16 23:26
Biden administration makes the case for organized labor with potential autoworkers strike looming
The Biden administration made its most detailed argument to date on the benefits of organized labor with a potential autoworkers' strike looming as negotiations between the United Auto Workers and auto companies continue and the president works to convince Americans to support his "Bidenomics" vision.
2023-08-29 03:55
Eisai expects Alzheimer's drug to rake in revenue of $66.5 million by March
Japanese drugmaker Eisai said on Tuesday it was targeting revenue of 10 billion yen ($66.5 million) from its
2023-11-07 22:18
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