Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
2023-06-12 17:29
War Spilling Into Russian Regions Adds to Risks Haunting Economy
President Vladimir Putin’s invasion of Ukraine has cost Russia tens of billions of dollars as sanctions squeeze its
2023-06-12 17:18
Former Papua New Guinean Prime Minister Peter O'Neill says police charged him with perjury
Former Papua New Guinean Prime Minister Peter O’Neill says police have charged him with providing false evidence in an inquiry into a multi-million-dollar government loss on an investment deal
2023-06-12 16:26
UBS completes Credit Suisse takeover to become wealth management behemoth
By Noele Illien ZURICH (Reuters) -UBS on Monday said it had completed its emergency takeover of embattled local rival Credit
2023-06-12 16:25
Sam Bankman-Fried’s Risky Japan Trade Seeded a Crypto Empire
Fresh out of college, Sam Bankman-Fried had a trading job at Jane Street Group in New York. As
2023-06-12 16:22
Japan entertainment company launches probe into sexual abuse allegations against founder
A major Japanese talent agency has begun an investigation into sexual abuse allegations against its founder
2023-06-12 16:20
UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
UBS says it has completed its takeover of embattled rival Credit Suisse
2023-06-12 15:47
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US
2023-06-12 15:16
Facebook faces new allegations of gender discrimination in its delivery of job ads. Research by human rights group suggests it's a global concern
Facebook-parent Meta is the subject of four new complaints from human rights groups in Europe alleging that the algorithm it uses to target users with companies' job advertisements is discriminatory. Nonprofit Global Witness shared new research with CNN that it says shows the algorithm distributing job ads is based on gender stereotypes, and that it appears to be a global issue.
2023-06-12 14:17
In the Market: For firms, China policy semantics are not the point
By Paritosh Bansal 'De-risk, not decouple' are the new buzzwords for Western policy toward China, drawing skepticism from
2023-06-12 13:26
UBS Completes Credit Suisse Takeover to Create Swiss Bank Titan
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger
2023-06-12 13:23
Central banks shelve guidance, in fits and starts, as inflation reigns
By Howard Schneider, Leika Kihara, Balazs Koranyi and William Schomberg Central bankers, who once considered obscurity central to
2023-06-12 13:22