Vatican questions $17 million transfer to impact investing vehicle, moves to prevent similar
Pope Francis has asked aides to get to the bottom of how at least $17 million was transferred from the Vatican’s U.S.-based missionary fundraising coffers into an impact investing vehicle run by a priest
2023-05-31 22:57
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Oman plans to launch a $5 billion public investment fund to support plans to overhaul the economy in the Arab Gulf nation over the next two decades
2023-05-31 22:52
Latvian Parliament elects foreign minister as new president
Latvian lawmakers have picked the Baltic country’s long-serving and popular foreign minister as its new head of state in a tight vote
2023-05-31 22:51
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
U.S. job openings rose unexpectedly in April a sign the American labor market remians surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation
2023-05-31 22:48
American Airlines raises its forecast of second-quarter profit, citing strong revenue, cheaper fuel
American Airlines says it will report a bigger profit than it was previously expecting for the second quarter, which includes the kickoff of the summer travel season
2023-05-31 22:24
U.S. job openings rise to 10.1 million as the labor market stays strong despite rate hikes
U.S. job openings rose unexpectedly in April a sign the American labor market remians surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation
2023-05-31 22:16
Twitter may be worth one-third what Musk paid for it last fall as Fidelity marks down investment
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago
2023-05-31 21:53
German inflation slows to 6.1% in May, though food prices are still surging
German inflation eased to 6.1% in May following several months of declines, even as Europe’s biggest economy registered another painful increase in food prices of nearly 15%
2023-05-31 21:27
Master business skills without paying for an MBA
MBA grads say the investment in their degree was worth it, according to a 2022 survey by the Graduate Management Admission Council, an association of graduate business schools
2023-05-31 21:17
UK hails first post-Brexit trade deals with Australia, New Zealand, but impact likely small
The British government has hailed an era of cheaper Australian wine and New Zealand kiwi fruit as free-trade agreements with the two southern hemisphere nations took effect
2023-05-31 20:54
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:18
CEOs got smaller raises. It would still take a typical worker two lifetimes to make their annual pay
After ballooning for years, CEO pay growth is finally slowing
2023-05-31 17:25