Xi Jinping says no to 'street stall economy' in Beijing
Chinese President Xi Jinping has opposed the lifting of curbs on street vendors in Beijing, signaling splits within government over a policy shift aimed at tackling rising unemployment.
2023-05-18 19:16
Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG A shrinking land bank and sluggish property demand are likely
2023-05-18 16:25
Angry lawmakers accuse Fed of inaction in insider trading investigation
Congressional lawmakers grilled Federal Reserve Inspector General Mark Bialek Wednesday over possible insider trading among Fed officials in 2020, accusing the nation's central bank of inaction.
2023-05-18 08:59
A growing number of sports bras, shirts and leggings brands found with high levels of toxic chemical, watchdog warns
An increasing number of sports bra and athletic wear brands have been found with high levels of BPA in them, a chemical compound that's used to make certain types of plastic and can lead to harmful health effects such as asthma, cardiovascular disease and obesity, a US watchdog group said on Wednesday.
2023-05-18 08:23
Charles Schwab to raise $2.5 billion in long-term debt - WSJ
Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on
2023-05-18 06:53
Netflix ad tier now has nearly 5 million monthly active users
LOS ANGELES (Reuters) -Netflix Inc's recently launched tier that offers lower subscription fees but includes commercials on its programming now
2023-05-18 06:16
U.S. FTC expands probe into pharmacy benefit managers
The U.S. Federal Trade Commission said on Wednesday it had sought information from two companies that negotiate drug
2023-05-18 04:24
Are you worried about the US defaulting on its debt?
The United States risks could run out of money to pay its bills if Congress is not able to reach an agreement on the debt ceiling. It could happen as soon as June 1, according to warnings from Treasury Secretary Janet Yellen, and could have potentially have far-reaching and dire consequences for Americans, including people who receive benefit payments or run a small business or who are trying to buy a home.
2023-05-18 02:54
Air Canada nears 787 Dreamliners deal with Boeing - Bloomberg News
(Reuters) -Air Canada is closing in on the purchase of as many as 20 787 Dreamliners from Boeing Co to
2023-05-18 02:27
US SEC proposes plan to bolster clearing houses' resiliency
By John McCrank NEW YORK The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan
2023-05-18 02:15
Bank CEOs huddle with Schumer on the debt ceiling
Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
2023-05-18 01:50
Biden supported these work requirements for public aid in the past
With work requirements for safety net programs emerging as a central issue in the debt ceiling negotiations, President Joe Biden's past support of such mandates is a point of optimism for Republicans and of concern for his fellow Democrats.
2023-05-18 00:27