American consumers are growing worried about a US debt default
US consumer sentiment worsened in May as Americans grew concerned about the economy's direction and a potential default of the US government's debt, according to a preliminary report from the University of Michigan Friday.
2023-05-13 00:19
Biden taps Philip Jefferson to be Fed's vice chair, Adriana Kugler as first Hispanic on Fed board
President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board
2023-05-13 00:17
Google to pay $8 million to settle claims of deceptive ads -- Texas AG
WASHINGTON Google, a unit of Alphabet, has agreed to pay $8 million to settle claims it used deceptive
2023-05-12 23:58
Battery makers turn northern French region into 'electric valley'
Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European...
2023-05-12 23:58
More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
2023-05-12 23:57
China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
2023-05-12 23:54
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
2023-05-12 23:53
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
2023-05-12 23:52
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:25
Netflix plans to cut spending by $300 million this year - WSJ
Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on
2023-05-12 23:23
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
2023-05-12 23:22
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:16