Inside how Biden's frustrated advisers crafted an 'aggressive' response to Fitch's downgrade of US credit
Outreach from Fitch Ratings to the Treasury Department on Monday afternoon set off a frenzy inside the Biden administration to respond to news that would once again put President Joe Biden's handling of the economy under the microscope.
2023-08-03 19:28
Bank of England raises interest rates for the 14th time
The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high.
2023-08-03 19:20
ConocoPhillips joins shale peers in reporting Q2 profit slump
(Reuters) -U.S. shale producer ConocoPhillips reported a fall in second-quarter profit on Thursday, as energy prices dropped from last year's
2023-08-03 19:15
Bombardier reports quarterly profit on demand for business jets
MONTREAL Canada's Bombardier Inc on Thursday reported higher quarterly revenue and a profit compared with a loss a
2023-08-03 18:59
HF Sinclair profit declines on lower refining margins
(Reuters) -HF Sinclair on Thursday joined bigger rivals in reporting a fall in second-quarter profit as margins slipped from last
2023-08-03 18:58
Bud Light controversy cost parent company about $395 million in lost US sales
The world's largest brewer is counting the costs of being swept into a controversy over Bud Light in the United States.
2023-08-03 18:57
Holiday travel boom here to stay, says Lufthansa
By Maria Sheahan BERLIN The boom in holiday travel shows no signs of ending, German airline group Lufthansa
2023-08-03 18:47
What is your magic retirement number?
By Chris Taylor NEW YORK How much money do you really need for retirement? One guess is $1.27
2023-08-03 18:30
Hasbro to sell eOne film and TV business to Lionsgate for $500 million
Hasbro said on Thursday it would sell its eOne film and TV studio unit to Lionsgate Entertainment for
2023-08-03 18:24
Cheniere quarterly revenue tumbles on lower LNG prices
Cheniere Energy Inc's quarterly revenue nearly halved, the top U.S. liquefied natural gas (LNG) exporter said on Thursday,
2023-08-03 18:21
Rolls-Royce's turnaround delivers fivefold increase in profit
By Paul Sandle LONDON (Reuters) -Aero-engineer Rolls-Royce on Thursday reported a strong recovery in profit as its new CEO's turnaround
2023-08-03 17:21
Canadian dollar prospects rise as analysts eye end of global rate hikes: Reuters poll
By Fergal Smith TORONTO Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally,
2023-08-03 17:18