China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:20
Why has Ireland got so much surplus cash?
The Republic of Ireland is predicted to have a €65.2bn (£56.3bn) budget surplus by 2027.
2023-08-08 13:46
Moody's downgrades 10 US banks, warns of possible cuts to others
By Lananh Nguyen and Juby Babu Ratings agency Moody's downgraded the credit ratings of several U.S. banks on
2023-08-08 11:24
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:24
Fed should do more to encourage discount window use: ex-Fed staffer
By Ann Saphir Regulatory guidelines issued in late July encouraging banks to incorporate the Federal Reserve's so-called discount
2023-08-08 01:28
U.S. consumers saying 'bad time to buy' a house hits 13-year high in July
By Safiyah Riddle The share of U.S. consumers who believe it is a bad time to buy a
2023-08-08 01:22
Musk's Neuralink raises $280 million in latest fundraise
(Reuters) -Elon Musk's brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel's Founders
2023-08-08 00:21
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
2023-08-07 22:47
Not everyone is convinced the US will avoid a recession
The case for no US recession is building, but some on Wall Street are cautioning against getting overconfident.
2023-08-07 19:23
Yellow files for bankruptcy after shutting down
Yellow Corp., a US trucking company that was once dominant in its field, has filed for bankruptcy as it winds down the 99-year-old business.
2023-08-07 15:28
Ahead of two key inflation reports, what would a soft landing look like exactly?
The case for a US recession has been slowly collapsing as inflation eases and the economy holds remarkably steady, despite 11 interest rate hikes since the Federal Reserve began its latest battle against inflation in March 2022.
2023-08-06 19:49
Berkshire Hathaway swings to a profit, boosted by massive investment gains
Berkshire Hathaway on Saturday reported a jump in earnings in the second quarter of 2023, recovering from large investment losses a year ago, when the bear market flummoxed even the most successful investors like Berkshire Chairman Warren Buffett.
2023-08-05 23:25