The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:52
Germany Needs €14 Billion to Make Gas and Heating Networks Clean
Germany expects the cost of transforming its natural gas and heating networks to reach as much as €14
2023-06-02 23:45
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:46
Amazon Is in Talks to Offer Free Mobile Service to US Prime Members
Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service
2023-06-02 22:24
Fed Has Message Problem After Early Rate Pause Signals, El-Erian Says
The Federal Reserve shouldn’t have led investors to expect a pause in interest-rate hikes in June before officials
2023-06-02 22:19
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
By Gertrude Chavez-Dreyfuss NEW YORK London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage
2023-06-02 22:18
SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:53
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:47
The US economy added 339,000 jobs last month, soaring past expectations — again
The US labor market isn't ready to slow down just yet.
2023-06-02 20:48
Chinese Stocks in US Rally on Sign That Policy Support May Come
US-listed Chinese stocks jumped in premarket trading after Bloomberg News reported that regulators are considering new measures to
2023-06-02 20:17
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:56
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:20