Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:18
Embraer backs jet engine maker Pratt & Whitney
By Tim Hepher LISBON Brazil's Embraer voiced "full support" for Pratt & Whitney as it battles durability problems
2023-05-25 17:47
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:27
Top Solar Firm Warns Excess Capacity Risks Wave of Failures
China’s world-leading solar industry could face a wave of bankruptcies if the current aggressive expansion of manufacturing capacity
2023-05-25 07:54
Nvidia Ignites AI-Related Stock Rally After ‘Blow-Out’ Forecast
Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex
2023-05-25 07:25
Nvidia Soars After AI-Fueled Forecast Shatters Expectations
Nvidia Corp., the world’s most valuable chipmaker, jumped in late trading after booming demand for artificial intelligence processors
2023-05-25 06:56
Americans' outlook on retirement darkens to an 11-year low
In the latest sign of economic pessimism, Americans are growing increasingly concerned they won't be able to retire comfortably, according to a Gallup survey shared first with CNN on Wednesday.
2023-05-25 06:28
Filled Broadway seats hit pre-pandemic levels in first full season since Covid
Filled Broadway seats reached pre-pandemic levels in the 2022-2023 season — which is the first full season of shows since Covid first forced theaters to shutter, The Broadway League announced Tuesday.
2023-05-24 23:53
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 19:50
Nvidia’s $400 Billion Rally Is Set for Reality Check
The rally that’s added roughly $400 billion to Nvidia Corp.’s market value this year is about to be
2023-05-24 17:52
Ocado Market Value Slides Below M&S For First Time in Years
The market value of online grocer Ocado Group Plc fell below that of joint venture partner Marks &
2023-05-24 16:21
US Must Widen China Chip Curbs in Micron Response, Lawmaker Says
A prominent US lawmaker is urging Washington to strike back against China for its decision to bar Micron
2023-05-24 09:47