Online Luxury Retailer Farfetch Surges as Consumers Keep Splurging
Farfetch Ltd shares jumped as much as 23% in after-hours trading following financial results that beat Wall Street’s
2023-05-19 05:56
G-7 to Chase Russia’s Diamonds While Stopping Short of Total Ban
Group of Seven countries will agree to work together to track Russian diamonds, but stop short of slapping
2023-05-19 05:46
New York Bills That Cap Key EM Debt Payouts Rile Pimco, Fidelity
Major investors from Pacific Investment Management Co. to Fidelity Investments are pushing back against New York bills that
2023-05-19 04:53
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department.
2023-05-19 04:22
Hyundai and Kia agree to $200 million legal settlement over theft issues
Korean automakers Kia and Hyundai have agreed to an estimated $200 million class action legal settlement over claims that many of the companies' cars and SUVs are much too easy to steal.
2023-05-19 04:20
Turkish lira hits record low as bonds steady after post-election rout
By Libby George LONDON Turkey's lira weakened to a record low against the dollar on Thursday, after incumbent
2023-05-19 03:50
Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury
WASHINGTON U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country's banking system in a
2023-05-19 03:46
Sen. Warren seeks details on 'troubling' sale of First Republic to JPMorgan
By Pete Schroeder WASHINGTON U.S. Senator Elizabeth Warren is questioning federal bank regulators on their decision to sell
2023-05-19 03:46
McCarthy and Schumer optimistic about the state of debt talks
Two days after his second recent meeting in the Oval Office to discuss raising the debt ceiling, House Speaker Kevin McCarthy sounded positive about the direction of debt limit talks, telling CNN he sees how they can get to a deal and that he wants a bill on the floor next week.
2023-05-19 03:18
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico halted its steepest-ever series of interest rate rises and promised to keep them stable for an extended
2023-05-19 03:15
Egypt's central bank leaves key interest rates on hold
Egypt's central bank kept its overnight interest rates unchanged on Thursday, saying that growth had slowed in the
2023-05-19 02:57
Biden Faces Progressive Backlash Against Any Debt-Limit Concessions
President Joe Biden faces a fervent campaign from progressive Democrats opposing potential concessions to Republicans to avert a
2023-05-19 02:57