Overly cautious Fed could lead to mild US recession next year -Vanguard
By Davide Barbuscia NEW YORK The Federal Reserve will likely hesitate to cut interest rates next year for
2023-12-01 01:26
The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market
2023-12-01 01:21
Emerging-Market Assets Are Set for Best Monthly Rally of 2023
Emerging-market assets are heading for their best monthly gains of 2023 as traders reposition their portfolios on bets
2023-12-01 01:16
Biden administration to release aviation fuel subsidy guidance by year's end-Agriculture Secretary
By Leah Douglas WASHINGTON U.S. Agriculture Secretary Tom Vilsack said on Wednesday he was confident the Treasury Department
2023-12-01 01:15
Appeals court reinstates gag order that barred Trump from maligning court staff in NY fraud trial
A New York appeals court has reinstated a gag order that barred Donald Trump from commenting about court personnel after he disparaged a law clerk in his New York civil fraud trial
2023-12-01 00:24
Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs
Portuguese soccer star Cristiano Ronaldo has been hit with a billion dollar class-action lawsuit over his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance
2023-11-30 23:56
Adelson adding NBA team to resume of casino mogul, GOP power broker, US and Israel newspaper owner
The prospective new owner of the Dallas Mavericks is one of the richest women in the world, a Las Vegas casino mogul, and a U.S. and Israel power broker and newspaper publisher
2023-11-30 23:52
US consumer spending slows; labor market steadily easing
By Lucia Mutikani (Reuters) -U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest
2023-11-30 23:51
Signa Insolvency Engulfs Galeria Stores, Halts Frasers Deal
The insolvency of Signa Holding GmbH is starting to cause ripple effects across Rene Benko’s property and retail
2023-11-30 23:48
US Pending Home Sales Index Drops to Lowest Level on Record
A gauge of pending sales of existing US homes fell to its lowest level on record in October,
2023-11-30 23:25
GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive
General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees battery cost reductions
2023-11-30 23:23
Pharmaceutical company AbbVie buying ImmunoGen in $10.1 billion deal
Pharmaceutical company AbbVie is buying ImmunoGen in a deal valued at about $10.1 billion that will speed up its entry into the commercial market for ovarian cancer
2023-11-30 22:59